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In the current market phase, meme tokens drive up the value of L1 chain coins such as Ethereum and Solana and reshape the web3 wallet leaderboard.

Memecoin frenzy in numbers: the phenomena of 2024 pre-halving bull run | Opinion

Here are top Dogecoin predictions and price trends from the Cryptopolitan team. Review its background and long-term commentary.

Dogecoin Price Prediction 2024-2033: DOGE to the Moon?

The ever-volatile world of cryptocurrency thrives on movement, and a recent discovery by a crypto detective has sent shockwaves through the community. This detective unearthed a massive investment by Dogecoin The post Crypto Detective Uncovers Massive Investment By Dogecoin (DOGE) and Shiba Inu (SHIB) Whales in New 25X Exchange Token appeared first on BitcoinWorld .

Crypto Detective Uncovers Massive Investment By Dogecoin (DOGE) and Shiba Inu (SHIB) Whales in New 25X Exchange Token

The story has not been any much different for Bitcoin, with its price still stuck in a consolidation range in the past week. The sluggishness of the premier cryptocurrency – and the general market – has continued despite the completion of the halving event over a week ago. The halving event, which saw mining rewards take a significant cut, was expected to usher in another round of bullishness for the Bitcoin price. On the contrary, investors appear to be getting frustrated with the slow activity of the market, with many calling for the dump of BTC. Bitcoin Sell Calls At Increased Rate: Blockchain Firm According to a recent report by on-chain analytics firm Santiment, investors are increasingly calling for the sale of Bitcoin across social media following its latest drop toward $63,000. The relevant metric here is the “social volume” indicator, which tracks the number of unique posts and messages on different social platforms that mention a specific topic. Related Reading: Ethereum Withdrawals From Exchanges Top 260,000 ETH – What This Means For Price Santiment aggregated data of “buy or bullish”, “sell or bearish,” or related mentions for the premier cryptocurrency over the past week. The on-chain analytics then highlighted a shift in the trend, with the bearish calls looking to drown out the bullish noise on social media. Social volume for Bitcoin over the past week | Source: Santiment/X According to Santiment, Bitcoin’s recent fall to $63,000 resulted in the lowest level of buy and bullish calls since April 21st (just before BTC recovered back above $67,000). As shown in the chart above, the social volume for terms related to “sell” shot up after the price decline. Typically, the increased bearish mentions of Bitcoin suggest a rising level of FUD (fear, uncertainty, and doubt) amongst investors. However, when traders seemingly become frustrated and impatient, there is usually a higher probability of a market rebound. Almost 90% Of Circulating BTC In Profit – Impact On Price According to recent on-chain data, about 90% of Bitcoin in supply is in profit. On the surface, this basically implies that the most current holders of the premier cryptocurrency bought at a lower price compared to the current price. Related Reading: Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges However, this level of profitability can also be an overbought signal, especially after bullish periods like the one that occurred between October 2023 and March 2024. Ultimately, this suggests investors could see Bitcoin shed more of its price gains over the next coming weeks. As of this writing, Bitcoin is valued at $63,077, reflecting a 2% price decline in the past 24 hours. Bitcoin price falls to $63,100 on the daily timeframe | Source: BTCUSDT chart on TradingView Featured image from iStock, chart from TradingView

Bitcoin Sell Calls Going Through The Roof: But Is It Really Time To Sell?

In the last seven days, most meme coins registered significant declines except for Pepe (PEPE) and Shiba Inu (SHIB). SHIB, which is now ranked 11th on the market cap standings, managed a 7.24% increase. For PEPE, its price rallied by 36.19%. On the opposite side of the divide were dogwifhat (WIF) and Dogecoin (DOGE). While The post DOGE, SHIB, WIF, PEPE: Meme Coins Price Analysis appeared first on Coin Edition .

DOGE, SHIB, WIF, PEPE: Meme Coins Price Analysis

SOL, DOGE, ADA, HBAR, and RNDR are among the poorest performers in the past 24 hours.

Altcoins Crash Once More as Bitcoin (BTC) Slips to $63K (Weekend Watch)

The attention other memecoins are getting may invalidate a parabolic move for Dogecoin.

Dogecoin’s May 2024 price prediction – Look out for these price targets!

Meow Scientist (MEOWSC) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE). Meow Scientist (MEOWSC), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE). Early investors in SHIB and DOGE made astronomical returns, and Meow Scientist presents a similar opportunity. Meow Scientist has market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours. The exciting memecoin is poised to rally 6,500%

Meow Scientist to Rally 6,500%, Looks to Challenge Shiba Inu and Dogecoin

Mishaboar, a key figure in the Dogecoin (DOGE) community, has issued a warning about the dangers of memecoins claiming intellectual property rights. In a recent statement, he stressed that memecoins cannot be controlled through ownership of intellectual properties. He explained that memes thrive on their decentralized and viral nature, accessible to everyone. This advice serves The post Dogecoin Insider Warns Against IP Claims by Memecoins appeared first on CoinGape .

Dogecoin Insider Warns Against IP Claims by Memecoins

Dogecoin’s (DOGE) profitability increases; Binance (BNB) eyes strong compliance; Algotech (ALGT) presale investors book massive profits The post Dogecoin’s (DOGE) profitability increases; Binance (BNB) eyes strong compliance; Algotech (ALGT) presale investors book massive profits appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

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