3 reasons Dogecoin is up 123% this week, hitting $0.10 for the first time
DOGE, the native cryptocurrency of Dogecoin, rose 123% in the past seven days as the altcoin market saw a resurgence in momentum. The price of Dogecoin (DOGE) has rallied by more than 123% this week, hitting a new all-time high of $0.13 on strong technical momentum.DOGE/USDT 4-hour price chart (Binance). Source: TradingView.comIt has been competing against Chainlink’s LINK for the top-10 spot, with both cryptocurrencies hovering at around $17 billion in market capitalization.There are three major reasons why DOGE saw a steep climb over the past seven days. These include Elon Musk’s tweets,....
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Dogecoin closed out the week strong with an 8% pump on Sunday August 14th, up around 14% in total on its weekly candle. Heading into the latter half of the month the Dogecoin price is now up 60% from its lows – however Ethereum is up over 120% since crashing to $880, hitting just over […]
This week CRV price rallied toward a new 1-year high, but what’s behind the move? This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether the launch of the first Bitcoin (BTC) exchange-traded fund (ETF) kicked off the next leg of the bull market or if meme-tokens rallying is a top signal. While SHIB, DOGE and Samoyedcoin are the hot flavor of the....
This week should put a smile on every shibe's face. In the face of Bitcoin's tumult, many alt-coin prices are falling or stagnant at best, but one does stand out from the pack - Dogecoin. While Bitcoin took a 20% hit in the last week, Dogecoin has enjoyed a 50% rise from 180 satoshis to roughly 270 satoshis at the time of this article; increasing its value against the dollar. Additionally, Dogecoin briefly surpassed Peercoin in market-cap, assuming the #4 spot at Coinmarketcap.com. There are various reasons for this I will highlight, most of which can be traced back to the energetically....
Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. Why Ethereum Has Been Going Up ARK Investment Management, also known as Ark Invest, published a research note last week explaining three key reasons why ethereum is breaking out to new all-time highs. The first reason the firm’s analyst mentioned was “Increased institutional interest.” Ark Invest pointed out that a number of....
The Dogecoin Price is far lower than it should be. Dogecoin is one of the most popular cryptocurrencies according to many metrics. Traders judge cryptocurrencies on many criterion, all of which sites like CoinGecko specialize in tracking. According to CoinGecko, Dogecoin is 2nd only to Bitcoin. It boasts an active community, which has banded together to achieve a number of incredible goals-such as sponsoring NASCAR driver Josh Wise. Despite these successes, the Dogecoin price has fallen tremendously over the past several months, which does not make logical sense to many now-enlightened....