Analysis Today TheBitTimes.com

Dogecoin (DOGE), the original memecoin, has come a long way in its almost 11-year history. The asset reached an all-time high of $0.7316 on May 8, 2021, over three years ago. The asset’s price has since fallen by over 77%. DOGE fans and investors, however, are pursuing a price point much higher than the all-time high. The $1 mark is a level that many DOGE fans want to breach. However, the journey to $1 is not an easy one. The memecoin has to rally by about 525% from its current price levels to reach the $1 target. Also Read: Shiba Inu vs Dogecoin : ChatGPT Picks 2024 Summer Winner According to Changelly, Dogecoin (DOGE) could breach the $1 mark by September 2028, over four years from now. The platform predicts DOGE to hit a maximum price of $1.01 in September 2028. Also Read: Dogecoin May End Price Prediction: Can DOGE Hit $0.2? Telegaon, on the other hand, is more bullish on DOGE than Changelly. The platform predicts DOGE to reach the $1 target in 2026, ...

Dogecoin (DOGE) is on the verge of a potentially significant bullish breakout as the highly anticipated “golden cross” technical pattern takes shape. This development has caught attention, as the previous occurrence of this pattern in early 2021 preceded a massive surge in DOGE’s price. With a current market cap of approximately $21.7 billion, Dogecoin has showcased impressive performance this year, boasting a price increase of over 70%. This growth has significantly outpaced the nearly 50% increase in Bitcoin (BTC), the largest cryptocurrency by market capitalization. Also read: Solana Mid-May Price Prediction: Can SOL Hit $200? The Golden Cross: A Bullish Signal for Dogecoin Source: Coindesk The golden cross is a technical pattern that occurs when a shorter-term moving average, in this case, the 50-week simple moving average (SMA), crosses above a longer-term moving average, typically the 200-week SMA. This crossover indicates that near-term price mome...

The altcoin market is currently reeling under pressure triggered by the latest Bitcoin crash. The prices of Ethereum, Dogecoin , BNB , and Cardano are down significantly, trading in red.  Bitcoin has lost 9% of its valuation in its recent price dip; however, with experts weighing in, it seems that Bitcoin is mimicking its 2020 bull run stance.  As analysts pour in positive price predictions for BTC, the altcoin market is also expected to recover some of its lost graces alongside BTC’s momentum surge, stabilizing investors’ portfolios to the right. For Ethereum, Dogecoin , and ADA holders, here’s how this weekend will help altcoins seek stable price thresholds.  Also Read: Ethereum Price Prediction Post ETF Launch: Is ETH Eyeing $3,500?  Weekend Altcoin Price Predictions Source: Pexels #1 Cardano While Cardano is still experiencing a massive market crunch, ADA’s striking popularity remains unfazed by the current market stance. ...

The entire digital asset market has experienced a massive surge this week. A host of cryptocurrencies have followed, led by Bitcoin’s (BTC) climb to $61,000 for the first time since 2021. One of the most dominant performances has been Dogecoin (DOGE), which is up 50% this week, but does its rally mean that its all-time high is in play for 2024? As we’ve stated, the entire market has been up since Monday. Ethereum (ETH) has broken through $3,400 with eyes on the $4,000 mark. Moreover, the meme coin market has seen similar increases for Shiba Inu (SHIB) and even BONK. Still trading at $0.12 according to CoinMarketCap, could it observe a rally to $0.73 before the year is done? Also Read: Dogecoin Forecasted To Surge 250% DOGE Leading Meme Coin Rally as Investors Hope for New ATH Over the last several days, the digital asset market has seen increased value for a plethora of assets. The growth has largely been attributed to Bitcoin (BTC), which has firmly establishe...

In what is certainly a positive development for the meme coin, Dogecoin (DOGE) has reached a brand new all-time high in new addresses. Indeed, the Dogecoin network has seen a rapid surge in newly created addresses that many hope could precede a similar action in the meme coin value. Crypto analyst Ali Martinez shared data from IntoTheBlock that highlighted the new record that was hit on January 29th. Moreover, Martinez highlighted that the increase in new addresses jumped by more than 1,100% over the last week alone. That figure currently sits at more than 247,240 addresses. The # Dogecoin network is witnessing a remarkable surge in growth, with new addresses increasing by a staggering 1,100% over the past week! On January 29 alone, a record-breaking 247,240 new #DOGE addresses were created, marking an all-time high. A sustained uptrend in network… pic.twitter.com/7tNAPzJaP2 — Ali (@ali_charts) January 30, 2024 Also Read: Dogecoin: Elon Musk’s X Payment...

Dogecoin skyrocketed to an all-time high of $0.73 in May 2021 at the peak of the cryptocurrency market bull run. DOGE took eight years to reach the target after its launch in December 2013. However, despite the rally with the support of Tesla CEO Elon Musk, Dogecoin failed to climb above the $1 milestone. The leading meme currency has been on a downward spiral since then and also added a ‘zero’ in the charts. Also Read: The 1 Cent Dream: Shiba Inu Must Rise 30% Every Year To Reach $0.01 Investors are losing hope that Dogecoin could never reach $1 or might take a long time to get there. In this article, we will highlight if DOGE could reach the $1 mark by the end of the decade in 2030. Dogecoin: Will DOGE Reach $1 By 2030? Source: Finbold All signals indicate that Dogecoin might not reach the $1 mark by the end of the decade in 2030. For DOGE to rally like it did in 2021, the meme coin requires unprecedented demand to overcome its supply increase. The global m...

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. Robinhood has held a substantial amount of 24% of the Dogecoin circulating supply. However, according to the latest data from Dogecoin Whale Alert, DOGE holdings have dropped from 24% to 16%. # Dogecoin circulating supply held by @ Robinhood App was steady at 24% but has now dropped to 16%. See series of tweets we sent 2 days ago… several massive txs moving $ doge from Robinhood to top 20 wallet. It is possible that the receiving "top 20" wallet belongs to… https://t.co/A6pw7ZeiX0 — Ðogecoin Whale Alert (@DogeWhaleAlert) May 25, 2023 Robinhood DOGE holdings drop to 16% Dogecoin Whale Alert was the Twitter account to first share the drop. ...

The Dogecoin Foundation allocated 5 million DOGE, which is around $360,000 at the time of writing, to the development of the ecosystem. The Dogecoin Foundation announced a new fund for Dogecoin Core developers to promote the Dogecoin ecosystem further in the new year.  On Dec. 31, the foundation stated that it is allocating 5 million Dogecoin (DOGE), which is around $360,000 at the time of writing, to the new fund to support the development of the Dogecoin platform. According to the Dogecoin foundation, the fund will be held in a new multisignature wallet managed by its members and needs three out of five signatures from Dogecoin Core developers chromatic, Marshall Hayner, Michi Lumin, Patrick Lodder and Ross Nicoll. These custodians will not have any rights to the funds aside from managing the release. The team wrote: “The DOGE held in this wallet will disburse rewards to developers of Dogecoin Core for work on all contributions, no matter how big or small.” For every release of D...