Dogecoin Sees Rapid Accumulation Following Price Drop To $0.11
Dogecoin has been on a downtrend for more than six months now. The meme coin which found favor in the eyes of investors had been able to rally to new highs but has been unable to replicate this success. Nevertheless, this has not been a deterrent for investors who continue to pour money into the digital asset. Most notable have been the whales as they accumulate massive amounts of Doge through its downtrend. Dogecoin Whales Not Giving Up Dogecoin is a long way from its $0.7 all-time high but that does not mean that investors believe that the digital asset is done for. In fact, Dogecoin....
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Shibes everywhere should "much rejoice," because the Dogecoin price is having an impressive run. After falling as low as ninth in total market cap during summer 2014, Dogecoin has roared back to life with a massive price increase that shows signs of permanence. The Dogecoin price has experienced double-digit percentage increases several times throughout the last month-including this week. CCN analyzes this altcoin price swing to help traders make informed investing decisions. Dogecoin Price Increases 23% in 24 Hours. The Dogecoin price has been in a sustained uptrend throughout the month....
Dogecoin price dropped yesterday to trade between 56 and 58 satoshis on Hitbtc, while on Cryptsy, dogecoin traded between 55 and 58 satoshis. Dogecoin price fell below the rising support level we plotted during our earlier analysis. By studying the 4 hour hitbtc (DOGE/BTC) charts from tradingview.com and plotting the William's alligator accordingly (look at the below chart), we can conclude the following: Dogecoin price now is lower than the 3 moving averages of the William's Alligator indicator which reflects the overall bearish pattern of the market at the moment. The alignment of the....
Dogecoin is grabbing headlines and speculation from its wide community of investors after a recent whale accumulation from a crypto exchange. On-chain data shows an accumulation trend from this whale, with the latest being the acquisition of 300 million DOGE tokens worth $45 million at the current market price. These speculations have led to theories […]
Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people” that represents “legit hope for people” hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other cryptocurrencies, Musk cautioned, “Cryptocurrency is promising, but please invest with caution.” Elon Musk Sees Dogecoin as His Stimulus for the People Elon Musk has been tweeting about dogecoin and cryptocurrency investing leading up to him hosting Saturday Night Life (SNL) on May 8 with Miley Cyrus as the musical guest.....