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The cryptocurrency market is going through one of its most significant bull phases. The global crypto market cap breached the $4 trillion mark for the first time on Friday, July 18. Dogecoin (DOGE) is following the larger crypto market surge with double-digit gains across the board. The original memecoin has rallied 17.5% in the last 24 hours, 25.4% in the last week, 46.5% in the 14-day chart, and nearly 45% over the previous month. DOGE’s price has also risen by 101% since July 2024. Source: CoinGecko What’s Pushing Dogecoin’s Price? Can It Hit $0.35 Next? Source: Watcher.Guru DOGE’s rally comes amid a larger market upswing. The general bullishness has aided the memecoin in its massive turnaround. Bitcoin (BTC) hit a new all-time high of $122,834 on July 14. BTC’s climb to a new peak has instilled a new rejuvenated sentiment. Today’s DOGE and the larger market rally could be attributed to the US House of Representatives passing the GENIUS, Clarity, a...

Dogecoin (DOGE) has experienced incredible success in its 11-year history. Since its launch in December 2013, the original memecoin has garnered a cult following beyond its crypto roots. Early investors have made millions of dollars in profit. New investors are hopeful about DOGE’s future. While the memecoin has had ample success, DOGE’s price has struggled to regain its 2021 momentum. Two Things That Could Take Dogecoin To $5 1. Spot ETF Source: Watcher Guru Grayscale submitted a spot DOGE ETF filing to the SEC earlier this year. If the financial watchdog approves a DOGE ETF, the asset could see a surge in institutional money. Institutional funding is key to an asset’s price. Bitcoin’s (BTC) recent rally is also attributed to a spike in institutional inflows. BlackRock alone has purchased billions of dollars worth of BTC this month. The SEC delayed its decision on Grayscale’s DOGE ETF application. There is a high probability that the SEC will eventually ap...

Polymarket says it’s no longer taking bets on whether Elon Musk’s Department Of Government Efficiency (DOGE) will cut $3 billion worth of DEI contracts by the end of February as its own data tracker is too unreliable. The market asked, “Will DOGE cut $3B of DEI contracts before March?” and had a volume of $16,352. Its outcome was based on data collected by DOGE-tracker, Polymarket’s site launched this month.  However, Polymarket canceled the market “because the underlying data used for this market’s resolution source (doge-tracker.com) changed.” It said, “ This market will resolve to 50-50 . All losses will be refunded.” The whole premise of Polymarket was to allow people to bet on predictions with objective resolution criteria. And now we have markets settled based on what’s posted on some random website someone put up. What a time. https://t.co/hrhZmO5N6u pic.twitter.com/Ws9wI3Cxej — Deva Hazarika (@devahaz) February 10, 2025 Read more: Polymarket faces backla...

The Dogecoin price dropped 6% in the last 24 hours to trade at $0.2521 as of 2.15 a.m. EST on trading volume that jumped 8% to $1.48 billion. Before the DOGE price drop, the crypto industry’s largest meme coin managed to reach the price of $0.2684. However, it corrected immediately after that, initially dropping to a support at $0.250 before seeing a slight recovery which brought it to $0.02521. Over the last 12 hours, the coin has been fluctuating between $0.250 and $0.255, and it still remains between these two barriers. Dogecoin Price Prediction As Dogecoin saw its price surge to $0.27, its Bollinger Bands widened, with the price pushing the upper band further up. Once the price started to descend, it pushed the lower band down, which resulted in the bands remaining quite wide. However, now that the price has mostly stabilized, the bands have tightened considerably, showing uncertainty among traders and investors. The project’s Relative Strength Index (RSI) has...

The cryptocurrency market is currently experiencing a fresh phase of renewal. The market is responding well to the new changes now that President Donald Trump has assumed duties as the 47th US president. With Bitcoin aiming for the high price spot, the altcoin market is also maintaining its steady pace. At the same time, coins like Cardano (ADA) and Dogecoin (DOGE) are gaining widespread momentum as the market continues attracting investors across the board. Here’s how both the tokens may perform by early February 2025. Also Read: Chainlink: New Price Prediction Puts a $47 Cap on LINK Cardano Price Path This February Source: Binance Cardano is one of the leading cryptocurrency tokens lately targeting high-price pedestals. ADA has lately shown signs of volatility after dropping 7% in the last 24 hours. After losing its dollar crown, the token is currently sitting at $0.91 and is expected to regain its lost valuation by February 2025. Per CoinCodex, ADA is expected to surge and hit ...

The Elon Musk-led Department of Government Efficiency (DOGE) has launched a bare-bones website that contains just 18 words and a Dogecoin meme. Following Donald Trump’s inauguration, he signed over 100 executive orders, one of which officially established the DOGE department and its agenda. This will apparently include the modernization of “Federal technology and software to maximize governmental efficiency and productivity.” The department’s incredibly minimal website, not to be confused with that of the DOGE memecoin, claims to be “an official website of the United States government,” and claims that “the people voted for major reform.” There’s not much on the DOGE website. Read more: Lawyers refused jobs by Elon Musk’s DOGE file lawsuit calling it illegal It appears that the price of Dogecoin spiked by over 14% following the launch of the department website which uses an almost identical image of the crypto’s Shiba Inu mascot on its landi...

The meme coin market plunged over 7% after Dogwifhat (WIF), Ai16z (ZI16Z) and Fartcoin (FARTCOIN) all plummeted, while Pippin (PIPPIN), Department Of Government Efficiency (DOGE) and Akuma Inu (AKUMA) were able to defy the downtrend. The drop in the collective meme coin capitalization comes amid a broader market correction, which saw the digital asset sector shed more than 3% of its total valuation. WIF, AI16Z and FARTCOIN Lead The Meme Coin Market Bloodbath Canine-themed Solana meme coin WIF saw its price drop more than 14% in the last 24 hours, adding to its weekly woes in the process. As a result, the crypto is over 18% in the red on the 7-day chart to trade at $1.58 as of 3:12 a.m. EST. Similarly, the 8th largest meme coin by market cap, AI16Z, plummeted over 21% to extend its negative weekly streak. Meanwhile, FARTCOIN shed more than 17% of its value amid the recent market pullback to trade at $0.8664. PIPPIN, DOGE And AKUMA Buck The Trend While Presale Tokens Flourish Wh...

Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE), was at the top of its game over the past couple of months. At the beginning of the year, the asset was trading at a low of $0.77, but throughout the span of 12 months, DOGE surged by 254% and rose to a notable high of $0.4835. While the meme coin has currently taken a backseat, the community is expecting DOGE to start the new year on a bullish note. Also Read: De-Dollarization: How Russia’s Digital Ruble & US Bitcoin Reserves are Shaping Finance Dogecoin Dips On The Last Day Of 2024\ Source: CoinGape It looks like the bears were settling well in the Dogecoin market. The meme coin was seen recording a nearly 3% drop over the past 24 hours. During the time of writing, the meme coin was trading at $0.3188. This marks a notable drop from its recent high. Source: CoinMarketCap Despite its recent drop, the meme coin market recorded increased volumes. This rise was attributed to whale activity in the Dogecoin network. Whales bought ov...

The leading meme coin, Dogecoin, could be set to benefit from the Elon Musk influence yet again, as DOGE is facing a monumental 90% rally. Indeed, the asset could be poised to skyrocket due to Musk’s recent D.O.G.E. post to X (formerly Twitter). The post could be just what the asset needs. The token is facing a descending wedge pattern. Moreover, the bullish indicator has the crypto market expecting a breakout. The self-proclaimed Dogefather could be the catalyst yet again. The Tesla and SpaceX CEO may be what the meme coin needed to have that breakout come to fruition. I am willing to serve pic.twitter.com/BJhGbcA2e0 — Elon Musk (@elonmusk) August 20, 2024 Also Read: Ripple (XRP) & Dogecoin (Doge) Price Prediction For September 2024 Musk Does it Again? DOGE Eyes Massive Rally The last several weeks have not been great for DOGE. The token has lost more than 20% of its value in the last 30 days, according to CoinMarketCap. Yet, a turnaround may already be taking place. The la...

Bitcoin market enthusiasts are maintaining the $55,500 support level, yet traders are growing concerned about potential further declines due to a rise in futures open interest and the appearance of a death cross on the BTC chart. Bitcoin has been trading sideways for several months but hasn’t deterred institutional investors from buying in. Senior analyst Vetle Lunde from K33 Research reported that more than 262 new companies invested in U.S. spot Bitcoin exchange-traded funds (ETFs) during the second quarter of 2024. It’s worth noting that institutional investors have mostly kept or increased their holdings. Matt Hougan, chief investment officer at Bitwise, mentioned on X that 44% of asset managers have increased their positions in Bitcoin ETFs, while 22% maintained their stakes. Only 13% have exited, and 21% have scaled back their positions. Hougan described these results as “a pretty good outcome, comparable to other ETFs.” Crypto market data daily view. So...