Dogecoin more popular than ever ... even as TXs hit lowest level since 2017
AMC CEO Adam Aron has stated that the cinema giant will look to support Dogecoin movie ticket payments by the end of 2021, and real estate tokenization platform RedSwan is accepting DOGE too. The power of the Dogecoin meme is strong despite transaction levels of DOGE hitting the lowest they've been since 2017. Multiple firms have made DOGE adoption plays this week including Robinhood which confirmed that it will roll out a new crypto wallet feature on its app next month supporting DOGE deposits and withdrawals.The memecoin’s co-creator Billy Markus (who no longer works on the project)....
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Dogecoin transactions have dropped to lowest levels since 2017 as DOGE loses 30% value over the past month. Is the coin losing steam? Dogecoin Daily Transactions Count Drops To Just 16,441 Dogecoin chain data shows the crypto’s daily transactions count has declined to just 16,441, a value that the coin hasn’t seen since 2017. The […]
The leading cryptocurrency bitcoin has crossed new all-time highs (ATH) in 2020 and into 2021 as well. However, many other digital assets have a long way to go to reach the ATH they experienced three years ago in 2017. Although one particular older cryptocurrency, the popular meme token Dogecoin is nearing its 2017 ATH, well before a large slew of older coins. Dogecoin’s yearly gains have even outpaced bitcoin’s gains by rising more than 535% during the course of the year. A great number of cryptocurrencies have yet to cross their all-time high (ATH) from the 2017 bull run....
Data shows the social dominance of Dogecoin has dropped to the lowest value since 2020, implying that interest in the meme coin has disappeared. Dogecoin And Other Meme Coins Have Seen Declining Interest Recently According to data from the on-chain analytics firm Santiment, meme coins have been occupying a smaller part of the trader interest […]
Dogecoin is trading flat on a day-to-day basis after being hit by a bout of volatility. After making some very unnerving moves, Dogecoin price is trying to stabilize near the current level of 47 satoshis with minor price fluctuations. By technically analyzing the 240-minute Dogecoin price/Bitcoin price chart, it can be inferred that the balance is only slightly tilted in favor of the bears however, the bulls are making strong efforts to keep the losses to a minimum. Dogecoin Price Chart Structure - Continuing with the fall post the failed breakout, Dogecoin slipped to a low of a 45.6....
Crypto analyst Master Kenobi has drawn a similarity between the current Dogecoin price action and that of the 2017 bull run. Based on this similarity, the analyst suggested that the foremost meme coin could soon witness a major rally like it did in the 2017 bull run. Dogecoin Price Could Rally Based On Similarity With […]