Dogecoin doubles in a day as YTD gains hit 5,000% while Bitcoin price dips
Everyone's favorite meme cryptocurrency has delivered 12,600% gains in a year and likely created a string of millionaires. Dogecoin (DOGE), the meme-based altcoin which has become a favorite talking point of Elon Musk, has doubled in 24 hours to hit all-time highs of $0.29.DOGE/USD 1-hour candle chart (Bittrex). Source: TradingviewDOGE leaves others in the dustCointelegraph Markets Pro and TradingView showed DOGE/USD outperforming other major cryptocurrencies by an order of magnitude on April 16.In what appears an almost unbelievable move, Dogecoin has also become the eighth-largest....
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Key Highlights. Our this week's approach of buying Dogecoin has paid off very well, as the price surged higher every time it corrected lower. Yesterday's idea ofbuying dips once again was successful, as after minor correction Dogecoin price climbed to a new high. Buyers managed to clear Intraday high and advanced to set a new weekly high of 87.7 S. Dogecoin was up by around 6% Intraday, as sellers continued to struggle. More gains are possible as long as the bullish trend is intact. Trend Line Support and Buying Area. Dogecoin recent rally is pretty impressive, as the price continued to....
Dogecoin Price Key Highlights. Dogecoin price surged higher one more time to retest the previous swing high as anticipated in yesterday's analysis. The price failed once again around 90.0 Satoshis, which raises the prospect of a double top pattern. 100 MA still holds the key for more losses in the near term. Buying Dogecoin on dips turned out to be a great plan, as the price traded higher after testing the 100 MA. Double Top Pattern. As mentioned and forecasted yesterday, there was an upside move in Dogecoin price after sellers failed to take the price below the 100 hourly MA. The price....
Dogecoin and Shiba Inu have not had the best couple of weeks so far. Both coins have seen continuous dips that have left their prices down below their all-time highs. With the hype around meme coins dying down, it is no surprise that this has been the case. Dog coins have continued to flood the […]
Elon Musk, CEO of Tesla and Spacex, has doubled down on its bet that dogecoin can become a currency able to address Tesla’s new set of environmental requirements. The entrepreneur has tweeted he is now working with Dogecoin developers to improve the currency, hoping it can evolve to be more energy efficient in the future. Elon Musk’s Dogecoin Vision Elon Musk is at it again. Having raised awareness about the energy consumption and the carbon footprint of the Bitcoin (BTC) network, he has now presented a contender of his own to fulfill the role of a green, sustainable currency....
The notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitalization, dogecoin has outshined the competition, even surpassing ethereum’s 18% weekly gains. Dogecoin’s Weekly Gains Outshine the Competition, Google Trends Data Shows DOGE Interest Dive-Bombed After May At the time of writing, both the topic dogecoin and the hashtag #dogecointothemoon have been trending on social media Sunday afternoon. As far as interest is....