Dogecoin trader explains why shorting DOGE now makes sense
The independent market analyst will short Dogecoin even more if Elon Musk goes ahead with his plans to add DOGE payments to Twitter. Dogecoin (DOGE) has surged nearly 100% quarter-to-date (QTD) on hopes that Elon Musk would integrate the token onto the Twitter platform. However, DOGE's potential to continue its uptrend in the coming weeks is low, one popular market analyst argues.Short Dogecoin hard?Independent market analyst GCR said he is moderately short on DOGE based on its price's recent reaction to a Musk tweet. Notably, DOGE formed a local top at $0.158 on Nov. 1. The same day, Musk....
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Doge 4 Water met its goal early! Thank you, Hood, and everyone who makes a difference. A full week ahead of its self imposed deadline, the Doge-4-Water initiative met its fundraising goal of 40,000,000 DOGE (roughly $33,000 by today's exchange rate). Doge-4-Water is only one of many initiatives sponsored by The Dogecoin Foundation, a foundation conceived by the co-creators of Dogecoin to channel and protect the giving nature of the Dogecoin community. The Dogecoin Foundation takes no fees or commissions from any of its sponsored charities; it merely acts as a middleman between worthy....
Veteran trader Peter Brandt says the dogecoin bear market that began in May last year has ended. His comment came after the price of dogecoin soared following Tesla CEO Elon Musk’s acquisition of the social media platform Twitter. Peter Brandt on Dogecoin Outlook Veteran trader Peter Brandt shared his analysis of dogecoin (DOGE) Sunday. Brandt has been a futures and FX career trader since 1975. He is a chartist and the author of the Factor Report. He trades a variety of markets, including Dow futures, bonds, corn, crude oil, European wheat, Osaka Dow, U.S. dollar, and sugar. Tweeting....
Crypto analyst Trader Tardigrade has provided insights into the Dogecoin (DOGE) future trajectory. Based on his analysis, the foremost meme coin could soon enjoy a god candle, sending its price to unprecedented heights. Dogecoin’s Massive Rally Will Send It To $7.5 Trader Tardigrade predicted in an X (formerly Twitter) post that Dogecoin will rise to as high as $7.5 when it makes its “huge surge.” He made this prediction while revealing that the meme coin had formed a triangle consolidation, which is the last phase of consolidation before Dogecoin made that massive move to the upside.....
Billy Markus, the co-founder of Dogecoin, explained on Wednesday that an Ethereum bridge to the Doge network would bolster the dogecoin ecosystem. Markus also said that non-fungible token (NFT) markets “would help Dogecoin” as well.
Dogecoin Co-Creator Thinks 2 Ideas Could Help the Doge Network
The popular crypto asset dogecoin (DOGE) has gained a whopping 7,500% during the last 12 months and reached a high of $0.731 per unit on May 8, 2021. However, DOGE is down 72% since that all-time high and 25.4% during the last month.
While the Dogecoin co-founder....
According to Dogecoin developer Michi Lumin, a DOGE transaction was sent via radio using a protocol called “Radio Doge.” Dogecoin proponents say Radio Doge will “enable access to dogecoin for people outside the reach of the internet.”
4.20 Dogecoin Sent via Radio Transmission
On April 22, 2022, the first dogecoin (DOGE) transaction was sent via radio transmission with help from the global Starlink satellite network. The news was revealed by Dogecoin developer Michi Lumin who tweeted about the subject on Friday.
“Hi. [I’m]....