Bitcoin News Today TheBitTimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Meme coins, including Shiba Inu and Dogecoin , have established their presence in the market. As the cryptocurrency market experiences heightened volatility following the recent Bitcoin Halving, investors are eagerly seeking opportunities for substantial gains. Among the most popular options are the two leading meme coins, Shiba Inu (SHIB) and Dogecoin (DOGE). However, with the meme coin category displaying mixed sentiment and uncertainty regarding future price action, the question arises: which of these tokens is more likely to deliver a 10X return? Also read: Shiba Inu May Price Prediction: Can SHIB Hit $0.0001? Dogecoin’s Bearish Price Action Raises Concerns Despite the increased market volatility, Dogecoin ’s price has formed an inverted cup and handle pattern on the 1-day time frame, indicating a bearish outlook for the coming days. The meme coin leader has lost 3.12% within the past day and 2.52% over the last 30 days, highlighting weak buying and selling...

The original meme coin cryptocurrency, Dogecoin , is currently trading at the $0.1918 mark, down from its recent $0.2 level. In the last 30 days, DOGE has rallied close to 13%. Dogecoin had outperformed Bitcoin, Ethereum, and Solana in its rally by printing double-digit profits to investors in a month. Now that the most-anticipated Bitcoin halving event is coming closer, Dogecoin is expected to spike further in price. In this article, we will highlight how high DOGE could trade in the charts during the Bitcoin halving event. The event is scheduled to take place on April 21, 2024, and is the most exciting development to occur in the cryptocurrency market this year. For the uninitiated, the Bitcoin halving event cuts the supply of BTC in half, making the cryptocurrency scarcely available in the market. Also read: Shiba Inu: AI Forecasts SHIB Price For April 15, 2024 Source: CoinGecko Dogecoin: Bitcoin Halving Price Prediction For DOGE Since Bitcoin has a lot of dema...

The meme coin cryptocurrency has in the last two weeks gained 25% to trade at $0.078 on Tuesday amid growing speculation that X may adopt DOGE as the token that powers payments. advertisement As shared by the head of research and strategy at Matrixport, Markus Thielen, “As crypto is entering the summer lull that we initially expected for August, DOGE might be the summer’s highflyer as other crypto themes are taking a backseat. Musk is on a marketing tour in re-inventing Twitter.” Dogecoin Price Leads Altcoins Rally As Open Interest Soars to $500M Dogecoin price validated an uptrend it has been teasing in the last few weeks, with support reinforced at $0.06. The initial bullish breakout above the lower descending trendline as shown on the daily chart, saw buyers gain confidence in a potential climb which came into play when Twitter rebranded to X. The $11 billion crypto, ranking 8 in the market, now holds above all the moving averages inc...

Surge In DOGE Transactions The primary driver behind this unexpected spike in activity is the growing interest in minting DRC20 tokens, a new type of digital asset announced on the Dogecoin network. advertisement Prominent Dogecoin community member Mishaboar has tweeted regarding this unprecented surge that: Daily #Dogecoin transactions have skyrocketed to ATH (650k), surpassing #BTC and #LTC transactions today due to folks trying to cram tokens (DRC20 “standard”) and other stuff on top of the Dogecoin network. Many have been rushing to mint these “tokens” the past two days. The surge in network activity comes as no surprise to Dogecoin developer Patrick Lodder, who had previously hinted at a significant increase in the network’s usage. Trending Stories Dogecoin Price Analysis : Will DOGE Price Hit $0.1 Mark Before May 2023 End? 24/7 Cryptocurrency News XRP Price Analysis : Accumul...

Dogecoin had a fabulous run in early 2021 after Tesla CEO Elon Musk announced he invested in the meme coin. DOGE quickly breached the $0.01 mark and skyrocketed to $0.73 in less than five months post his announcement. Musk repeatedly talked and tweeted about Doge attracting millions of new and first-time investors into its fold. However, the new investors are currently facing losses as Dogecoin is plummeting in price since May 2021 never to recover. Also Read: Shiba Inu: How Much ‘Percent’ Must SHIB Rise To Reach $0.01? Investors are eagerly waiting to see Dogecoin breach its resistance level of $0.1 but the meme currency is moving at a snail’s pace. The inaction in price movements is testing the patience of investors who are holding a bagful of DOGE for months and seeing no gains. In this article, we will highlight when Dogecoin could b reach the $0.1 level and move forward in the indices. Also Read: How Shiba Inu Made the Average Investor ‘Dream’ Of Making $1 ...

The first meme cryptocurrency, D ogecoin (DOGE), created quite a commotion in the cryptocurrency market. Elon Musk, a multibillionaire, enthusiastically backed the asset and helped keep its name in the public eye. Therefore, Elon Musk’s actions directly affected the price of DOGE. The value of the asset was significantly impacted by his most recent Twitter purchase. Read more: D ogecoin Surges Post Elon Musk’s Twitter Entering US Payment Business D ogecoin also has a visible spike in price whenever there is a piece of positive news about Twitter. Whales have also shown keen interest in DOGE every now and then. Now, a top whale has moved 450,000,000 DOGE worth over $40 million in a single transaction. 🐕🪙🐋🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 450,000,000 $DOGE ($40,536,900 USD) was transferred from a #Top20 wallet to an unknown wallet. Fee...

Dogecoin is the first meme-coin that was launched by co-founders Jackson Palmar and Billy Markus in 2013. Doge was launched as a joke to parody Bitcoin but quickly became an internet sensation as the community created memes. Memes held the Doge community together as the coin sent out ‘fun and cool’ vibes on social media. Doge witnessed significant growth in popularity after Elon Musk, start promoting the asset on social media platforms. The Tesla CEO announced that he purchased Dogecoins in early 2021 but it is not known if he owns the highest number of Doge. Also Read: How Realistically Can Dogecoin Reach $1 Before 2025? DOGE: Who Owns The Highest Number of Dogecoins? Source: DailyHodl.com A total of 4.5 million investors currently hold Dogecoin worldwide in January 2023, according to data from CoinCarp. The investors include celebrities like Elon Musk , Mark Cuban, Kiss guitarist Gene Simmons, and rapper Snoop Dogg, among others. Read here to know the full l...