
First Mover: Ethereum, DOGE on Own Journeys as Inflation Bets Fuel Bitcoin
Altcoins like Chainlink get big boost from DeFi growth on Ethereum, while inflation bets boost bitcoin and dogecoin gets (Elon Musk) moonshot.
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DOGE was once again higher on Monday, as traders bought the token, days after a video about the meme-coin was shared by Elon Musk. This came as CAKE was also a big mover today, climbing beyond the $10 mark, hitting a multi-month high in the process.
Dogecoin (DOGE)
DOGE rose for a second consecutive session, as bulls continued to pile into the meme-coin, following a recent tweet from Elon Musk.
Following a low of $0.1366 on Sunday, DOGE/USD rallied to a peak of $0.1553 in today’s session, as prices were nearly 6% higher.
Today’s peak is the....
DOGE was trading higher on Monday, as prices rose to their highest level in almost 20 days. TRX was also in the green to start the week, as prices continued to climb, following a recent streak of bullish momentum.
Dogecoin (DOGE)
DOGE was a notable mover during today’s session, as prices rose to their highest point in nearly 20 days.
On Monday, DOGE/USD rose to an intraday high of $0.07839, which came less than 24 hours after trading at a low of $0.07184.
As a result of today’s move, the meme coin collided with a price ceiling at $0.07830,....
Dogecoin ($DOGE) is having a rollicking September. The biggest meme coin in the world is up a whopping 32% this month so far. Many believe this is just the trailer, as DOGE is simply showing what’s to come ahead of a potential full-blown altcoin season. Dogecoin’s current rally is coming from a major technical breakout. […]
The FTX crypto exchange’s new index is called the Wall Street Bets Index. Following numerous headlines about the meteoric price rise of several assets, including GameStop (GME), AMC Entertainment (AMC) stocks, and Dogecoin (DOGE), crypto exchange FTX has listed an index following the assets. FTX named the index after Wall Street Bets — the Reddit group thought to be associated with pumping the prices of those assets. “We're happy to announce that we have launched trading for a basket of Wall Street Bets markets,” FTX said in a public statement on Thursday. The index trades as a futures....
Is Doge so stealthy? The global economy is still struggling to come out of the stiff shackles posed by many reasons in recent times, including the Russian invasion of Ukraine, the slowdown in China, and the aftermath problems of the COVID pandemic, to name a few. The soaring inflation and consistent pressure of rising fuel, […]