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Dogecoin News

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Crypto-News-Flash

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Dogecoin Prepares for Major Bullish Wave: Key Technical Signs to Watch

  • Analysts predict a strong bullish wave for Dogecoin, pending a breakout above the Falling Wedge pattern.
  • Dogecoin's ecosystem is growing with advancements like GigaWallet and LibDogecoin, boosting business adoption potential.
  • Dogecoin faces reduced market participation amid broader crypto correction, but its ecosystem expansion strengthens long-term attractiveness.
  • Dogecoin currently trading at $0.1018, down 3.63% in the last 24 hours due to the market-wide correction.

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Newsbtc

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Dogecoin (DOGE) Trims Gains, Can This Key Support Hold Losses?

  • Dogecoin (DOGE) is facing a decline from the $0.1085 resistance against the US Dollar.
  • DOGE price is trading below the $0.1020 level and the 100-hourly simple moving average.
  • A key bearish trend line is forming with resistance at $0.1050 on the hourly chart.
  • The price could extend losses and revisit the key support at $0.0980.

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TheNewsCrypto

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Dogefather Elon Musk Resurrects SNL Skit, Sends Dogecoin Price Flying

  • Dogecoin's price has increased by 4% after Elon Musk referenced his Dogefather skit on SNL.
  • ETFSwap (ETFS) has raised over $1.29 million in its third presale stage.
  • The skit boosted Dogecoin's price to $0.104, its highest in two weeks, but it has since retraced.
  • ETFSwap (ETFS) offers extensive utility and governance rights, attracting interest in the DeFi community.

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Btcwires

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Ripple’s XRP Just Avoided A Major Disaster, While Dogecoin and Shiba Inu Still Remain Stagnant

  • Ripple (XRP) successfully rebounded from a key support level, avoiding a potential sell-off.
  • Dogecoin (DOGE) is gradually recovering at $0.10, while Shiba Inu (SHIB) remains stagnant.
  • Investors are turning to ETFSwap (ETFS) as a strategic investment option.
  • ETFSwap (ETFS) platform offers access to valuable ETFs backed by Real World Assets (RWAs).

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Bitcoinist

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Dogecoin On The Rise: Bulls Target $0.1293 After Trendline Breakout

  • Dogecoin bulls are targeting $0.1293 after a trendline breakout.
  • Technical indicators signal strong bullish potential for Dogecoin's price.
  • The cryptocurrency's market cap and trading volume have seen significant boosts.
  • Upside potential exists, but downside risks and support levels should be considered.

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Bitcoinist

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Dogecoin Whales Add 400 Million To Their Stash, Here’s How Much They Hold

  • Dogecoin whales are increasing their holdings, with a 960% increase in 24 hours.
  • Large holders saw a surge in holdings by 446.9 million DOGE tokens on September 11.
  • Whales are accumulating more Dogecoin, indicated by a positive netflow of 414.97 million DOGE.
  • There is a decline in DOGE held by exchanges, with a net outflow of -104.31 million DOGE.

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Crypto-News-Flash

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Is Yeti Ouro the Next Dogecoin? This New Meme Coin Could Skyrocket 100x

  • Yeti Ouro is positioning itself as a potential competitor to meme coins like Dogecoin and Shiba Inu.
  • Dogecoin continues to dominate the meme coin market with its simplicity, low fees, and active community.
  • Monero is a privacy-focused cryptocurrency known for its untraceable transactions and popularity among privacy seekers.
  • Yeti Ouro stands out due to its upcoming Play-to-Earn game, Yeti Go, which allows players to earn cryptocurrency through racing.

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Bitcoinik

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Elon Musk Hints at Dogecoin Support, While MicroStrategy ex-CEO Subtly Backs Bitcoin—A Dual Endorsement Shakes the Crypto World

  • Elon Musk indirectly endorses Dogecoin through a tweet referencing it.
  • Michael Saylor, former CEO of MicroStrategy, promotes Bitcoin using a similar strategy.
  • Musk's influence on Dogecoin may be fading as his tweet fails to impact its trade price.
  • The current trade price of Dogecoin is $0.1 with a slight increase over the last 24 hours.

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Bitcoinist

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Shiba Inu Investors Extremely Bearish While Dogecoin Traders Remain Undecided

  • Shiba Inu investors are bearish on the meme coin, with low social discussion and retail traders offloading their holdings.
  • Shiba Inu whales hold the majority of the supply, indicating FUD among retail investors.
  • Shiba Inu has underperformed this year, with negative trading returns.
  • Dogecoin traders remain undecided, with no signs of FOMO or accumulation among small traders.

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Crypto-News-Flash

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Elon Musk Teases DOGE as the Department of Government Efficiency – What Does It Mean?

  • Elon Musk continues teasing the crypto faithful, this time with D.O.G.E, which stands for the Department of Government Efficiency.
  • Musk's tweets referencing the memecoin garnered the interest of millions of crypto holders, causing a temporary increase in DOGE's price.
  • Donald Trump has expressed the idea of appointing Musk to head a department that assesses government efficiency if he wins the election.
  • Musk's reputation for trimming workforce and finding unnecessary expenditures could make him a suitable candidate for such a role.

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Bitcoinist

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Dogecoin Vs. Shiba Inu Vs. PEPE: How Do The Profitability Levels Stack Up?

  • Dogecoin remains the most profitable meme coin with 72% of investors seeing a profit.
  • PEPE is the second most profitable meme coin with approximately 50% of holders in profit.
  • Shiba Inu lags behind in profitability, with only 45.42% of addresses seeing a profit.
  • Overall, Dogecoin has the highest profitability level among meme coins, followed by PEPE and Shiba Inu.

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Crypto-News-Flash

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Dogecoin Next Bullish Move: Analyst Predicts Breakout Potential

  • Dogecoin could potentially trigger the next bullish run in the cryptocurrency market, according to on-chain analyst Ali Martinez.
  • A falling wedge pattern on Dogecoin's daily chart suggests a breakout if the price closes above $0.10, potentially leading to a run to $0.15.
  • Data from the Dogecoin futures market indicates growing interest, with a futures Open Interest (OI) of $465.45 million.
  • Recent improvements in the Dogecoin ecosystem, including projects like GigaWallet and LibDogecoin, aim to lower barriers for business adoption.

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Newsbtc

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Dogecoin Vs Shiba Inu Vs Pepe: How Do The Top Memecoins Compare In Investor Profits?

  • The on-chain analytics firm Santiment discusses the profitability of Dogecoin, Shiba Inu, and Pepe in terms of investor profits.
  • The MVRV Ratio Intraday for 30-day Dogecoin investors is 1.7%, indicating a slight profit. However, investors who bought in the past year are at a loss of almost 21%.
  • Shiba Inu investors are also facing losses, with 30-day investors at a 1% loss, and 365-day investors at a loss of over 31%.
  • On the other hand, Pepe's long-term holders are seeing gains, with monthly investors down 0.8% and yearly investors up almost 24%.

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TronWeekly

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Elon Musk Gets New Favorite Cryptocurrency – No, It’s Not Dogecoin

  • Elon Musk, the CEO of X (formerly Twitter), has shown interest in a new presale Ethereum token called ETFSwap (ETFS).
  • Musk praised the platform's integration of decentralized finance (DeFi) and traditional finance and highlighted its potential in the ETF industry.
  • ETFSwap offers hybrid institutional ETFs, AI-powered analytical tools, attractive leverage options, and staking rewards for its users.
  • The project prioritizes security and transparency, leveraging the Ethereum blockchain and passing security audits.

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Bitcoinist

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Shiba Inu Wallets Holding Small Amounts Decline To Lowest Point In Nearly 2 Years

  • The number of Shiba Inu wallets containing small quantities of SHIB has declined to its lowest point in almost two years, indicating a potential change in attitude among retail investors.
  • The decline in smaller wallets coincides with unstable market conditions, raising doubt about SHIB distribution going forward.
  • Santiment has labeled SHIB as the worst-performing Dogecoin in 2024, with substantial drops in both average and long-term trading returns.
  • Despite negative events, some analysts are optimistic about SHIB's potential in the long term, with a bullish surge forecasted in 2025.

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