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Cryptopotato
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Recent Pi Network Updates, Ripple (XRP) Price Predictions, and More: Bits Recap Feb 4
- Pi Network extended the KYC and mainnet migration deadline to Feb 28, 2025, fueling community frustration.
- Ripple (XRP) experienced a severe price decline at the start of the week, but some view this as a perfect 'buy the dip' opportunity.
- Dogecoin (DOGE) dropped 22% weekly, with recent whale activity suggesting a further plunge.
- Pi Network continues to face delays and extensions, causing some users to lose hope in the project's progress.
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TheNewsCrypto
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Monday Crashes See Dogecoin Down 22% As Thousands Buy 1Fuel (OFT) For Shelter & Profit Rewards
- Dogecoin dropped 22% on Monday due to market volatility.
- Investors show interest in 1Fuel (OFT) as a rising DeFi token.
- Two massive Dogecoin transactions raise concerns of potential whale activity.
- 1Fuel (OFT) offers innovative features and potential for growth, with a presale indicating a 100x surge after launch.
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Cryptonews
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Trump Dump: Could the Trade War Nuke Dogecoin and Meme Coin Mania?
- The trade war initiated by President Trump has negatively affected meme coins and cryptocurrencies, including Dogecoin.
- Meme coins such as Official Trump, Dogwifhat, Pudgy Penguins, and ai16z have experienced significant losses.
- Dogecoin, after hitting a three-year high of $0.48, has seen a substantial drop and is currently down 12% for the week.
- The possibility of a prolonged risk-off environment due to the trade war may further impact meme coins and decrease their liquidity.
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Bitcoinist
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Dogecoin Price Crash Not Over? 51.81% Of All Traders Are Betting On Further Decline
- Over 51% of traders are currently shorting DOGE as market volatility triggers a major Dogecoin price crash to new lows.
- The Dogecoin price has crashed again, losing more than 25% of its value in the last 24 hours.
- 51.29% of all traders are betting on further declines in the Dogecoin price, indicating a lack of confidence in Dogecoin's short-term recovery and future price outlook.
- Despite the price decline, some analysts suggest that there are critical support levels and a potential breakout to $0.25 that could trigger a positive shift in Dogecoin's trajectory.
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Livebitcoinnews
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Elon Musk Backs Blockchain for US Treasury Shift
- Elon Musk expressed his support for shifting the US Treasury to blockchain technology, which has the potential to accelerate institutional crypto adoption.
- There is market speculation about whether a new or existing blockchain will be used for the initiative.
- Integrating blockchain into the US financial infrastructure would bring transparency and secure data on finance, potentially driving interest in blockchain-based assets.
- Investors are closely observing how policies from Musk and Trump play out, as they heavily influence the price of cryptocurrencies like Dogecoin.
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Bitcoinist
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Dogecoin Eyes Potential Shift Toward Upward Momentum, Will It Trigger A Major Rally?
- Dogecoin has lost crucial support levels leading to a price correction.
- Dogecoin is showing signs of a potential trend reversal toward renewed bullish momentum.
- Technical indicators suggest that Dogecoin's path toward a positive move seems likely in the short term.
- Several recent developments are likely to bolster Dogecoin's rally this cycle to unprecedented heights.
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Bitcoinsensus
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DOGE Price Prediction: What Comes After the Crash?
- DOGE experienced a recent drop, but it was expected as a natural market correction after a previous impulse.
- The current phase indicates accumulation and the market coiling before its next significant move.
- Instead of rushing into trades, it is wiser to wait for confirmations and key levels to get a clearer picture of DOGE's direction.
- Patience is key as we observe whether Dogecoin will have a major breakout or further downside in the coming week.
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Cryptopotato
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Dogecoin Whales Go on a Selling Spree: More Pain Ahead for DOGE?
- Large holders offloaded 270 million DOGE ($70M) in the last 24 hours, increasing supply and signaling potential further declines if demand doesn’t keep up.
- Some analysts predicted a possible recovery based on DOGE’s historical patterns.
- Whales selling off DOGE increased circulating supply, potentially driving the price lower.
- Despite the recent decline, some market observers remain optimistic about DOGE's future performance.
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Silicon
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Grayscale Launches Fund Around ‘Joke’ Dogecoin Crypto Token
- Grayscale Investments has launched an investment fund focused on Dogecoin, a cryptocurrency initially created as a joke.
- The Grayscale Dogecoin Trust will provide investors with exposure to a digital asset that represents global financial inclusion and a viable means of payment.
- Dogecoin has grown to become the eighth-largest cryptocurrency with a market capitalization of over $45 billion, supported by entrepreneur Elon Musk.
- The trust is available to eligible individual and institutional accredited investors.
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Altcoinbuzz
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Grayscale Launches Dogecoin (DOGE) Trust
- Grayscale has launched the Dogecoin (DOGE) Trust, providing investors with exposure to Dogecoin.
- Dogecoin has evolved from a meme coin to a tool for financial inclusion, with rapid transaction speeds and low costs.
- The Grayscale Dogecoin Trust is open for daily subscriptions by eligible accredited investors, offering direct exposure to the cryptocurrency.
- The Dogecoin ecosystem aims to foster greater adoption and utility, with projects like the Dogecoin Foundation developing open-source tools and solutions.
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TheNewsCrypto
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Dogecoin (DOGE) Suffers 16% Plunge Amidst Crypto Market Crash
- DOGE price fell by more than 16% in the last 24 hours.
- Dogecoin recorded a 340% increase in trading volume.
- Global financial markets are in turmoil due to Trump's new tariffs.
- Whales have accumulated 560 million DOGE in the past week, signaling renewed interest.
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NullTX
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Whales Replenish Their Dogecoin Holdings: A Sign of Renewed Confidence Amidst Market Volatility
- Over the past week, the Dogecoin ($DOGE) market saw a shift in large holders, or whales, who seemed to be interested in accumulating the meme coin.
- These accounts took in a staggering 560 million Dogecoins, just shy of $40 million.
- Whales in Dogecoin could be buying back into the market at lower prices as the price trend stabilizes after freafall.
- Grayscale Investments, the world’s largest crypto asset manager, has just launched the Grayscale Dogecoin Trust.
- This move gives high-net-worth individuals and institutional investors a straightforward way to gain exposure to $DOGE, the native coin of the Dogecoin network.
- The trust’s inception substantiates Dogecoin’s legitimacy as a serious contender in the space.
- This launch paves the way for far more institutional investment in the asset than we have seen thus far.
- Dogecoin is at a make-or-break moment as the next big move could be to upside due to accumulating large amount of coins by whales.
- Investors should keep a close watch on both the price action and the critical support that Dogecoin is at right now.
- Experts advise anyone considering an investment in this extremely volatile asset to proceed with caution and keep a close watch over the Dogecoin situation.
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TechBullion
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The 3 Best Meme Coins to Generate High Returns in February – Bullionaire, Dogecoin & Shiba Inu
- The three best meme coins to generate high returns in February are Bullionaire ($BULL), Dogecoin ($DOGE), and Shiba Inu ($SHIB).
- Bullionaire stands out as the top pick due to its exclusive whitelist opportunity, strong tokenomics, and wealth-building potential.
- Dogecoin remains a solid long-term hold with its huge community and mainstream adoption, but Bullionaire offers a better upside for high-growth potential.
- While Shiba Inu has real-world applications and a passionate community, Bullionaire has the greatest potential for high returns with its whitelisting opportunity, scarcity model, and luxury-focused ecosystem.
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TechBullion
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Shiba Inu and Dogecoin Holders Are Jumping on This Undervalued Crypto Before 2025
- Enthusiasts who backed Shiba Inu and Dogecoin are now shifting their focus to an undervalued cryptocurrency, known as XYZVerse, poised for growth before 2025.
- XYZVerse is built on the principles of sports and memes, making it unique among other cryptocurrencies. It is generating buzz among investors seeking the next big opportunity.
- The cryptocurrency is currently priced at $0.002, remaining an undervalued crypto gem poised to rise to $0.1 in the final presale stage.
- XYZVerse has been officially recognized as the Best NEW Meme Project, a title that underscores its explosive potential in the meme coin arena.
- Dogecoin, which started as a joke in 2013, has now become a superstar in the crypto world. Its price went soaring high in 2021, reaching a market value of over $50 billion.
- Shiba Inu is another cryptocurrency that started as a rival to Dogecoin and runs on the Ethereum network. It offers more features and has an active community and growing ecosystem.
- XYZVerse is set to surpass tokens like PEPE and MOG in this bull run and is targeting a growth of 20,000%.
- With upcoming listings on major CEX and DEX platforms, audited smart contracts, and a fully vetted team, XYZVerse is already ahead of the game.
- Investors are looking for affordable cryptocurrencies with strong communities, making Dogecoin and XYZVerse stand out as unique options.
- While Dogecoin began as a joke, its growing acceptance suggests it might be more than just a passing fad. SHIB is building real utility, which could make it an attractive option for those looking beyond traditional cryptocurrencies.
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Cryptoticker
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Dogecoin Price Prediction: Is the Hype Over or Will DOGE Bounce Back?
- Dogecoin (DOGE) has lost over 15% in the past seven days, slipping below the $0.30 support.
- The current market trend suggests more downside for DOGE, with lower targets like $0.28 and $0.25.
- Elon Musk's influence on DOGE's price seems to be fading, as it now follows general market trends.
- If the downtrend continues, key support levels for DOGE are at $0.28, $0.25, and $0.20.
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