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While Bitcoin (BTC) has rallied by almost 76% in 2023, Dogecoin (DOGE) has managed to grow by only 5.7% at the same time. The popular memecoin has been on a downward trend for most of this year, apart from sporadic spikes in between, attributed to some of Elon Musk’s Doge-centric actions. Dogecoin has continuously hit lower lows throughout this year. It had a sudden rally in early April, but that is because Twitter changed its logo to the Doge symbol. Also Read: Dogecoin Nears Milestone, 5M Active Addresses on the Horizon DOGE is currently facing resistance at $0.080, with support at $0.070. Although DOGE surpassed its previous resistance of $0.73, it has since fallen back below that level. Source: DOGE/USDT Chart by Trading View If Dogecoin (DOGE) is able to close above its resistance, it opens up the possibility of testing its yearly high of $0.10. This level was previously tested in early December 2022 and during its April rally. DOGE has a chance to move upwards...

Bitcoin’s dominance in the crypto market has been shrinking lately. Its share has declined from 45% to 27% in 2023. In fact, the dominance dropped by 8% in July as well. A recent Kaiko research report pointed out that the largest asset’s dominance across the top 25 centralized exchanges was currently at its lowest level since April. As a consequence, Altcoins have benefitted from this trend. Collectively, their dominance has reached a 4-month high. Source: Kaiko Also Read: Will Wall Street Accept the ‘Trillion’ Dollar Crypto Custody Challenge? Top Traded Altcoins in 2023 XRP has been on traders’ radar since the beginning of 2023. In anticipation of a positive ruling, participants were seen accumulating the asset during H1. After the ruling, XRP’s volume soared and created record highs. With $150 billion in trading volume, it is currently the top-traded altcoin of 2023. Solana, Dogecoin, BNB, and MATIC stood next. They settled transactions worth $50-$100 b...

On Wednesday, June 7, almost the entire crypto market was trading in green. After the lawsuit episodes, most assets shed value initially. However, their recovery has been quite swift of late. At press time, most large and mid-cap assets were trading at prices higher than yesterday, bringing the aggregate valuation of the market up to $1.12 trillion. The said figure marks a 2.91% rise over the past day. Pepe Coin was the second largest gainer at press time. This recently-launched crypto managed to pull off a nearly 15% rally in just a period of 24-hours. Parallelly, even Dogecoin was a part of the top 15 list. Specifically, it occupied the 11th position, and registered a 5% appreciation in the same time frame. That took its valuation up to $0.6948. Source: CMC Also Read: Robinhood is ‘Reviewing’ its Crypto Offerings: SOL, ADA, MATIC on the Radar? Dogecoin For The Win: Elon Musk Here, it is worth noting that meme coins weren’t outrightly mentioned in both the cases. Onl...

Dogecoin  is a popular meme coin that has inspired many other animal-themed cryptocurrencies. DOGE paved the path for the numerous cats and dogs that are flooding the meme coin realm. Meme coins were primarily developed as a joke, as their name suggests. However, over time, they have gained prominence as an important niche. While other meme coins come and go, Dogecoin has earned its reputation among the meme coin community. Even amidst the recent meme coin frenzy, DOGE has not been its best-performing situation. However, Bollinger Bandwidth, a technical Analysis indicator, indicates that it could be the silence before the volatile jump. Source: MarketWatch Is Dogecoin bracing for a volatile jump? The Bollinger Bandwidth is a measure of volatility in relation to price movements. It is determined by dividing the difference between the Bollinger bands by the 20-day simple moving average (SMA) of the crypto asset price. According to TradingView, the daily chart of ...

The first meme cryptocurrency, Dogecoin [DOGE], made waves in the industry. The asset received written support from multi-billionaire Elon Musk, who also played a key role in keeping its name heard. As a result, the DOGE price was directly influenced by Musk’s actions. His most recent Twitter purchase had a sizable effect on the asset’s price. The month of October saw an outstanding performance from Dogecoin . The meme coin increased by 119% during this time, outpacing gains made by other significant altcoins. However, DOGE slipped back and began shedding most of its gains. As 2022 is winding up in two days and we enter 2023, will Dogecoin make a resurrection? Let us find out. Dogecoin price prediction for January 2023 At press time, DOGE is trading at $0.07108, with a 0.31% drop in value over the last 24 hours. The meme coin is also down by 5.7% over the last seven days and 29.95% over the last 30 days, as per the data from CoinMarketCap. Cryptocurre...

Price predictions for Bitcoin and Dogecoin are aplenty in the markets as analysts churn them out every day. Bitcoin receives the highest predictions from analysts and Dogecoin isn’t far away in numbers either. The market rally made almost every prediction reach their mark in 2021 due to the bull run but that isn’t the case in 2022. Almost all price rise predictions have fallen flat due to the bearish market conditions. In this article, we will highlight two Bitcoin and Dogecoin predictions that could never come true this year. Also Read: Shiba Inu: AI Predicts SHIB Price For December 31, 2022 1. Dogecoin to $1 Source: Pixabay The ‘Dogecoin to the moon’ phrase no longer commands attention in 2022. The most prominent price prediction for Dogecoin was that the meme-coin could beach the $1 mark in 2022. Leading Dogecoin analyst Matt Wallace had exclusively predicted to Watcher Guru in June that the meme-coin will touch $1 by the end of 2022. You ca...

Dogecoin has been on a rise on the monthly chart. With the Elon Musk - Twitter acquisition deal, DOGE adopted a bullish stance. As per the details from Dogecoin Whale Alert, over $1 billion worth of DOGE was on the move in the last seven days. The data reveals that over 7,949,363,850 DOGE was moved over a span of 399 transactions. The estimated worth of the DOGE that was on the move is $1,075,685,131. This is based on the average price of DOGE, calculated at $0.13. The sell-off only costed $114, or 865 DOGE, in fees. 🐳👀 Weekly Whale Watch: Last week there were approximately 399 🐳 txs of 4M Ðoge or more. Total Ðoge: 7,949,363,850 ($1,075,685,131 USD) Total fees: 865 Ðoge ($114 USD) Average spot price: 0.1303# Dogecoin WhaleAlert #WhaleAlert # Dogecoin #CryptoNewshttps://t.co/iWz81VqfEE — Ðogecoin Whale Alert (@DogeWhaleAlert) November 7, 2022 Speculations about Elon Musk incorporating DOGE rise The most recent acquisi...

Dogecoin has been putting on a spectacular show in the last seven days. The meme coin has put on a 119% rally during this period, overthrowing major altcoins. It even dethroned Cardano and Solana by market capitalization. DOGE’s jump occurred for the first time this year and gave off a bullish sentiment. The cryptocurrency’s price hasn’t changed much in the past year despite producing phenomenal profits during the first half of 2021. The current rally can be attributed to Elon Musk and his Twitter acquisition. The soaring price is mainly due to the anticipation that DOGE will become an integral part of Twitter. With Dogecoin in for a possible bullish month ahead, here is our price prediction for DOGE for November. Dogecoin price prediction After Elon Musk tweeted about his dog, Dogecoin gained over 30% in the last 24 hours. DOGE is currently trading at $0.1359 with a 6% gain during this period. It went from a low of $0.123 and touched a high of $0.1572 ...