May 8 'day to watch' for Dogecoin amid warning DOGE can suffer XRP style crash
Elon Musk's upcoming TV appearance could ultimately spell a Dogecoin Doomsday, one analyst says as price action mimics XRP in 2018. Dogecoin (DOGE) is surging and Bitcoin (BTC) is limping, but one analyst predicts that this week will burst the DOGE bubble.In a series of tweets on May 4, popular Twitter account lowstrife highlighted similarities between Dogecoin and XRP among warning signs that “the end” is nigh."Final pushAs Cointelegraph reported, DOGE/USD has continued to climb this week, reversing previous losses to take out its previous sky-high peak of $0.47. Year-to-date, the pair is....
Related News
DOGE’s price slowed down after showing so much strength as it rallied to a high of $0.15. DOGE could suffer retracement as bearish divergence appears in the four-hourly (4H) timeframe, with the price suffering little retracement. DOGE’s price remains strong on the daily timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA). The price of Dogecoin (DOGE) displayed an incredible price action as the price rallied from a low of $0.055 to a high of $0.15, with many becoming euphoric. The crypto market has enjoyed a little bit of relief bounce across....
The host of Mad Money, Jim Cramer, has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be regulated. He also questioned the supply of dogecoin.
Jim Cramer’s Dogecoin Warning
Jim Cramer, the host of CNBC’s Mad Money, warned about investing in dogecoin (DOGE) Thursday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website.
“Please be careful with dogecoin,” he tweeted, adding that the meme cryptocurrency “is a security” and....
The flash crash that occurred last week shoot the crypto market. Top coins Bitcoin and Ethereum were down with the crash. And so was meme coin Dogecoin. Dogecoin, like most other coins, had spent the past month recovery from two-month lows when the crash had hit. Doge recorded losses of up to 18% with the […]
A massive online traffic surge temporarily overloaded a website back in February after the company announced that it invested in Dogecoin. Hello Pal, a Canadian social platform has said that its website suffered a temporary outage back in February.According to a press release issued by the company on Thursday, the incident occurred shortly after it announced significant investments in Dogecoin (DOGE) and Litecoin (LTC) mining.At the time, Hello Pal outlined the acquisition of a 15% stake in a Dogecoin and Litecoin mining facility. According to reports, the mining farm in question is the....
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....