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Dogecoin News

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Bitcoinist

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Dogecoin To Reach $2.7 By December? Market Expert Lays Out Potential Path For DOGE

  • Dogecoin, the largest meme coin, continues to attract a series of bullish predictions from market experts.
  • Master Kenobi, a crypto expert, suggests that Dogecoin could reach $2.7 by December based on past cycle trends and current price performances.
  • However, the number of DOGE holders has been decreasing, raising concerns about the coin's long-term stability.
  • Investors are closely monitoring DOGE's price performance for a potential larger rally in the ongoing bull cycle.

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Newsbtc

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Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

  • The number of active long-term Dogecoin holders has reached a six-month low, with a net loss of approximately 106,600 wallets.
  • Investors are expressing frustration with Dogecoin's poor market performance, leading to a shift in sentiment and interest.
  • Dogecoin is currently trading at $0.12, experiencing slight upticks but failing to reach the coveted $1 mark.
  • Despite the decline in holder base, a crypto analyst predicts that Dogecoin will reach $10 based on its historical patterns.

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TronWeekly

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Dogecoin Soars Over 10% in a Day: Can It Reach $10?

  • Dogecoin surged over 10% on Oct. 16, reaching $0.1266 and experiencing a 90% volume spike.
  • Analyst Ali Martinez predicts Dogecoin may reach $10 soon, citing a rising wedge pattern since 2017.
  • Elon Musk's support has caused 50% price spikes for Dogecoin, boosting its prominence.
  • DOGE challenges top memecoins with its significant user base and Musk's endorsements.

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Cryptopotato

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Super Bullish Dogecoin (DOGE) Price Prediction but is it Too Outrageous?

  • Dogecoin surged 10% daily, with speculation linking the rally to Elon Musk, while analysts predict potential further gains.
  • Despite the rise, its RSI over 70 suggests that the coin may be overbought and due for a pullback.
  • DOGE's latest rally could be attributed to the overall revival of the industry, where Bitcoin (BTC) exceeded $67,500.
  • Analysts claim DOGE has yet to make the headlines with a potential price explosion to $10 in the following months, but skepticism exists.

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Bravenewcoin

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Much Wow, Dogecoin Go Woof

  • Dogecoin (DOGE) has experienced a significant price increase, reaching its highest price since September 29.
  • The trading volume of DOGE has surged by 95% in 24 hours, exceeding $1.8 billion on October 16.
  • Technical indicators and a bullish trendline break suggest further upward movement for DOGE.
  • Elon Musk's involvement and speculation about Tesla accepting DOGE as payment have contributed to the recent rise in price.

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Bitcoinist

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Dogecoin On The Verge Of A Breakout Toward $0.30 And Beyond – Expert Claims

  • Dogecoin expert claims that the cryptocurrency is on the verge of a breakout towards $0.30 and beyond.
  • The bullish projection suggests that Dogecoin may experience a price rally up to $0.30 or higher.
  • Other market experts also observe positive price movement and anticipate a potential bull run for Dogecoin.
  • On-chain activities for Dogecoin have seen significant growth, with increased active addresses and transactions.

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TheNewsCrypto

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Will Dogecoin (DOGE) Challenge Previous Trends After a 11% Surge?

  • Dogecoin (DOGE) registers an 11% gain in the last 24 hours, trading at $0.1267.
  • DOGE is approaching a key trend line resistance on the daily chart.
  • If the resistance is breached, it may trigger a bullish rally, pushing the price up by 100% to 200%.
  • DOGE continues to trade upside with positive momentum and breached a significant resistance level at $0.1234.

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Crypto-News-Flash

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Elon Musk’s Tesla Shifts $760 Million in Bitcoin for the First Time in Two Years

  • Tesla has transferred all of its Bitcoin holdings, valued at over $765 million, to multiple unknown wallets.
  • The transfer took place on October 15 through 26 transactions, with the company's Bitcoin wallet now having only $6.68 worth of cryptocurrency left.
  • The destination of the Bitcoin funds is unknown, leading to speculation that Tesla may have sold it to another party or is preparing for an over-the-counter (OTC) deal.
  • Tesla's relationship with Bitcoin has been mixed, from initially buying $1.5 billion worth of Bitcoin to selling portions of it and halting Bitcoin payments for its vehicles due to environmental concerns.

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Bitcoinsensus

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Dogecoin: Whale Activity Surges by 1,645% in 24 Hours

  • Dogecoin on-chain activity spiked by 1,645% within 24 hours, signaling a notable whale accumulation.
  • Large holders added 405.82 million DOGE while deflows dropped by 72 million DOGE.
  • Whale accumulation could indicate increased confidence in DOGE and potential price movement.
  • The surge in on-chain activity for Dogecoin is a rare disparity, as inflows and outflows usually align closely.

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Newsbtc

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Dogecoin Sees Sharp Decline: Over 106,000 Wallets Abandon The Memecoin

  • The number of Dogecoin holders has decreased, with over 106,000 non-empty wallets abandoned since October 8.
  • Dogecoin's lackluster price performance has frustrated investors, leading them to explore other memecoins with potential for quicker gains.
  • While Dogecoin faced a 1% decline in the last 24 hours, TURBO token showed impressive gains in the memecoin sector.
  • Crypto analyst Ali Martinez suggests potential for further growth in Dogecoin, with a projection of $10, representing an 84,200% increase from current price levels.

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Bravenewcoin

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Elon Musk Teases Dogecoin Integration with Tesla Cybercab

  • Elon Musk showcases Tesla's new autonomous vehicle, the 'Cybercab,' featuring a Shiba Inu symbol associated with Dogecoin.
  • The appearance of the Shiba Inu sparks speculation about Tesla accepting Dogecoin as payment for its self-driving cars.
  • Members of the Dogecoin community express excitement and speculate about potential Tesla-Dogecoin integrations.
  • Tesla also unveils a self-driving minibus, the 'Robovan,' and progresses in its humanoid robot project, Optimus.

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TheNewsCrypto

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Crypto Trader Who Profited $80M from Dogecoin During the 2021 Bull Run Spotted Buying into New DOGE Rival Priced Below $0.10

  • A crypto trader who secured an $80m profit from early investment in Dogecoin has been reportedly buying Rexas Finance (RXS), a cheaply-priced cryptocurrency seen as a rival to DOGE. During its presale stage, RXS was priced at just $0.06 and stimulated interest from investors. Investors were initially attracted to DOGE as it possessed social media support and a community presence, but Rexas Finance has a practical purpose: allowing real-world object tokens such as paintings and real estate. Further interest in Rexas Finance has also been generated through a community oriented giveaway and Rexas Finance's presence in asset tokenisation.
  • Prior to the RXS sale, investors must ensure that they have a compatible wallet with wallet connect features and the right amount of Ethereum they will need to cover any network gas fees. To purchase RXS via the Rexas platform, investors must click on the 'connect wallet' button visible at rexas.com, confirm their purchase amount, and receive their tokens after approving a transaction request. With each subsequent presale round, the price of RXS has gone up and attracted investors looking for a promising - yet affordable - cryptocurrency.
  • Rexas Finance is seen as different from DOGE by investors who are increasingly attracted by the idea behind it. By tokenising real-world objects, Rexas Finance seeks to offer high activity and growth potential, something that many investors find appealing. As far as community makes a difference, the giveaway associated with the presale adds to the buzz surrounding the future of the token, and gives investors a chance of getting $50,000 each.

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Cryptonews

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Dogecoin Litigation Continues: Musk and Investors Clash Over Sanctions After Dismissal

  • The class action suit launched by Dogecoin investors against Elon Musk continues, with both parties filing cross-motions for post-dismissal sanctions.
  • The suit was initially dismissed in August after the judge threw out the plaintiff's fourth amended complaint.
  • Investors allege that Musk manipulated the market and pumped the price of Dogecoin for personal gains.
  • Both parties have engaged in legal disputes, with allegations of frivolous claims and potential sanctions.

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Bitcoinist

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Dogecoin Reaching Its $80 Billion Market Cap Peak Won’t Mean A New ATH, Here’s Why

  • Dogecoin reaching an $80 billion market cap won't be a new all-time high (ATH) due to its inflationary status and the continuous issuance of new coins.
  • The $80 billion market cap would put the Dogecoin price at $0.5, calculated by dividing the market cap by the circulating supply.
  • Despite this, some crypto analysts predict that Dogecoin could surpass its current ATH of $0.73 and reach $1 or even higher in the ongoing bull run.
  • At present, Dogecoin is trading at around $0.11, showing a 4% increase in the last 24 hours.

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Crypto-News-Flash

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Is a $3 Dogecoin Price Rally on the Horizon? Grayscale Listing Speculations Heat Up

  • Grayscale hints at the potential listing of Dogecoin (DOGE) and other cryptos, leading to increased speculation and whale activities.
  • The netflow of total large holders of DOGE has increased by 1,545% in just a day, indicating aggressive accumulation.
  • Market analysts anticipate a bullish extension for DOGE due to growing optimism surrounding a potential Grayscale Investments listing.
  • Some analysts predict a price surge for DOGE to reach $3 by the end of the current cycle.

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