The Two Signals That Say Dogecoin Holders Are In For “Much Ow”
Dogecoin is the hottest crypto of 2021, taking a major bite out of Bitcoin and Ethereum’s gains this year. These astronomical numbers the altcoin has done this year has sucked in more and more investors. However, anyone who didn’t have their DOGE bags packed previously could be in for some pain instead of “much wow.” […]
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The Dogecoin price saw a notable plunge over the last day following the Bitcoin price decline. As a result of this, the profitability of Dogecoin holders has declined. However, the majority of DOGE holders continue to be in profit even through these turbulent times, which is a testament to the strength of the meme coin. […]
“Such Wow.”, “Much happy.” These are the sort of short, strange yet amusing, and grammatically-incorrect sentences that have captivated thousands of online users. Normally accompanied by a photo of ‘Doge’ (an internet meme derived from a photo of a surprised Shiba Inu dog), the legend of Doge is still gaining ground and followers are flocking to its cause. Then as coincidence would have it (or maybe it was a simple eventuality waiting to happen), the meme was transformed and was given it’s own cryptocurrency. At this current point in time, Dogecoin is valued at around US$0.48 per 1000 doge....
On-chain data shows Dogecoin holders have broken the 8.1 million milestone. Here’s how other cryptocurrencies like XRP and Cardano compare. Dogecoin Holder Count Above Other Altcoins, But Still Below Bitcoin & Ethereum In a new post on X, on-chain analytics firm Santiment has shared about how the various coins in the cryptocurrency sector currently compare […]
Dogecoin Hack. BBC News and Technology, an extremely reliable news site, is reporting that hackers have attacked the Doge Vault, leading to a 'Temporary Shutdown'. The Doge Vault is a site that many Dogecoin holders choose to hold their Dogecoin crypto currency. Doge Vault has issued a statement seeking to reassure holders, they go on to state that they took the decision to temporarily close the site when they noticed people 'tampering' with funds in wallets they were holding. They are currently said to be assessing the effects of the attack and the losses, if any, to Dogecoin holders.....
Following the slight pullback in Bitcoin’s price from the $115,000 level, several on-chain metrics are beginning to flash warning signals, and a possible shift in the current market trend. One of these crucial metrics is the Bitcoin Short-Term Holders SOPR. Rising Bitcoin STH SOPR Signals Warning Amid fluctuating market action, Bitcoin Short-Term Holders’ Spent Output […]