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Dogecoin News
TronWeekly
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Dogecoin Sets Sights on $1.27: Can It Surpass Its 2021 Market High?
- Crypto trader “Jaibrah” predicts Dogecoin could reach an ambitious price of $1.27.
- Dogecoin's inflationary supply model requires a market cap of approximately $179 billion to achieve $1.27.
- Current trading at $0.10925 shows short-term bullish sentiment with potential targets at $0.112 and $0.128.
- Reaching a $179 billion market cap would place Dogecoin close to Ethereum's level.
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Bitcoinist
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Crypto Custody Solutions To Debut In Taiwan With Local Bank Trials In 2025
- The Taiwanese financial regulator, the Financial Supervisory Commission (FSC), plans to trial institutional crypto custody services with local banks in 2025.
- Interested financial institutions must specify the type of digital asset they would like to hold and adhere to security guidelines to prevent money laundering and engage with assets from illegal sources.
- The FSC aims to release further information about the trial at least 15 days before accepting applications and gather public feedback to refine the process.
- Taiwan's growing embrace of digital assets follows regulatory developments and pro-crypto stances in other Asian countries such as Japan and the United Arab Emirates.
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Crypto-News-Flash
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Crypto Insiders Share Strategies for Dogecoin and Shiba Inu to Achieve Mass Adoption
- Meme coins like Dogecoin and Shiba Inu can achieve mass adoption by aligning with charitable causes.
- By using meme coins to solve social problems and promoting donations, their asset status can be elevated.
- Crypto experts suggest that meme coins could reach a $1 trillion market cap and individual values surpassing $10 billion.
- Notable figures like Vitalik Buterin support the idea of meme coin donations to maximize their positive impact.
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Newsbtc
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Dogecoin Vs. Bitcoin: Gauging The Performances Of Two Crypto Giants This Cycle
- Crypto analyst James suggests that Dogecoin (DOGE) will likely outperform Bitcoin (BTC) in this market cycle.
- Since its launch in 2013, Dogecoin has consistently outperformed Bitcoin in every cycle despite significant drawdowns.
- Dogecoin has experienced substantial price gains in previous bull markets, surpassing 54,000% in 2018 and 54,800% in 2021.
- Despite lagging behind Bitcoin in the current market cycle, analysts predict that Dogecoin could still outperform BTC if it reaches its potential price target of $1.
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Bitcoinist
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Dogecoin Founder Reveals Who He Believes Is Satoshi Nakamoto
- The HBO documentary 'Money Electric: The Bitcoin Mystery' suggests that Canadian Bitcoin developer Peter Todd is Satoshi Nakamoto, the creator of Bitcoin.
- However, Todd and Billy Markus, co-founder of Dogecoin, have denied this identification.
- Markus hinted that Hal Finney, a renowned computer scientist and early participant in the Bitcoin network, could be Satoshi Nakamoto.
- Arguments both supporting and refuting the possibility of Hal Finney being Satoshi Nakamoto exist.
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Bitcoinist
1M
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Dogecoin Price Eyes Fresh Recovery As Whales Load Up 2.07 Billion DOGE In One Week
- Crypto whales have bought 2.07 billion DOGE tokens in the last week.
- This accumulation trend among whales is bullish for the Dogecoin price.
- Rise in large transactions suggests institutional players positioning for upside move.
- External factors like US job report and presidential elections could hinder price recovery.
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Zycrypto
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Crypto Proponents Share the Key to Mass Adoption for Memecoins Like Dogecoin and Shiba Inu
- Meme coins have the potential to find order and become less chaotic according to Ki Young Ju, founder and CEO of On-chain analytical platform CyproQuant.
- Ju suggests that meme coins can boost their relevance by solving social problems and that donations could be the pathway for meme coins to strengthen their significance in the cryptocurrency market.
- Vitalik Buterin, co-founder of Ethereum, also believes in the significance of meme coin donations and has made donations to charity organizations using meme coins.
- At present, leading meme coins like Dogecoin and Shiba Inu have experienced a 10% loss in gains within 24 hours.
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Bitcoinist
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Dogecoin Price Prediction: DOGE Is Due For Parabolic Surge To $2.2
- A new Dogecoin price prediction suggests a parabolic surge to new all-time highs.
- The Dogecoin price has maintained an average of 1,095 days for each parabolic surge.
- Currently, the Dogecoin price is over 150 days behind schedule for the next surge.
- Whales are still positioning themselves for an upward move in the Dogecoin price.
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Coin Telegraph
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Building real-world projects using meme-inspired strategies
- Memecoins, fueled by meme-inspired communities, have gained popularity in the crypto market.
- These cryptocurrencies rely on fun communities and memes to attract users and traders.
- The market capitalization of memecoins is over $50 billion, showing the growth and speed at which these communities can expand.
- While memecoins have the potential for viral growth, they also often experience pump-and-dump schemes.
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Cryptopotato
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Dogecoin Whales Bought Over 2 Billion DOGE Last Week: Price Rally in the Making?
- Large investors recently bought billions of DOGE tokens signaling potential bullish momentum.
- Increased whale activity with 2.07 billion DOGE tokens purchased last week.
- Higher accumulation reduces circulating supply and may lead to price increase.
- Analysts predict a rally with a $1 target for Dogecoin.
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Bitcoinist
1M
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Image Credit: Bitcoinist
Here’s Why The Dogecoin And Shiba Inu Price Crashed Again
- Dogecoin and Shiba Inu prices have crashed again amid market uncertainty and unfavorable macro environment.
- The US job report suggested a healthier economy and reduced chances of a rate cut by the Federal Reserve, negatively impacting these meme coins.
- Geopolitical tensions, particularly the Israel-Iran conflict, and upcoming US elections have also contributed to the price crashes.
- Dogecoin is trading at around $0.107, down over 5% in the last 24 hours, while Shiba Inu price is trading at around $0.000017, down over 7% during this period.
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Newsbtc
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Dogecoin Could Be Preparing For Next Big Rally, Analyst Explains
- Analyst explains how Dogecoin could be preparing for the next big rally based on historical patterns.
- Dogecoin has formed a descending triangle pattern in its monthly price.
- Dogecoin broke out of the descending triangle and saw a sharp rally with a 208% price appreciation.
- Despite a 65% retracement, historical patterns suggest that Dogecoin could be gearing up for another significant rally.
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Zycrypto
1M
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Dogecoin’s Past Tells It All: Why Another Epic 200% Rally Could Be In The Works For DOGE
- Renowned crypto investor and technical analyst Ali Martinez predicts a potential 200% rally for Dogecoin (DOGE).
- Martinez notes that DOGE's current price behavior mirrors a pattern from the past, specifically a multi-year descending triangle formation.
- The repeated appearance of this pattern suggests a potential bullish breakout for DOGE.
- In addition, large Dogecoin whales have accumulated 2.07 billion DOGE, indicating potential positive sentiment and firepower for a price breakout.
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Bitcoinist
1M
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Dogecoin Preparing For Another Monumental Surge, New All-Time High Incoming?
- Several crypto experts predict a major price movement for Dogecoin, possibly hitting new all-time highs.
- Based on historical bull run performances, Dogecoin is believed to be gearing up for another surge.
- Optimism is fueled by signs of strength following a period of price consolidation.
- Increased network activity with large DOGE transactions suggests interest from institutional investors.
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NullTX
1M
372
Image Credit: NullTX
Dogecoin Accumulation Hits Record High: Is Another Rally On The Horizon?
- Large Dogecoin holders have accumulated a staggering 2.07 billion $DOGE in the past week, marking the highest level of accumulation since January 2023.
- Dogecoin's well-known pattern of breakout from a multi-year descending triangle, followed by a surge, retracement, and bull run has investors hopeful for another explosive move.
- Many believe that Dogecoin's recent 65% pullback positions it for a potential rally, as historical logarithmic breakouts have led to massive gains.
- Despite recent market volatility, Dogecoin remains strong and resilient. Large holders accumulating indicates institutional and whale investors betting on an upside in the near future.
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