Dogecoin (DOGE) Wakes Up, Here’s What Tagged The Sleeping Giant and Meme Coin King

2023-11-17 11:45

The original meme cryptocurrency Dogecoin has shown signs of life recently after a prolonged period of lackluster price action. According to analysts, a combination of positive technical and on-chain factors have ignited bullish momentum for DOGE.

Breaking Out of Long Consolidation

As noted by @Cryptoinsightuk, from a technical perspective, Dogecoin has broken out of a massive 2.5 year consolidation pattern. The breakout came with strong bullish volume showing conviction behind the move. @Cryptoinsightuk points to the formation of higher lows and higher highs in DOGE, signaling a potential new uptrend.

Surging On-Chain Volume

Source: Santiment – Start using it today

On the fundamental side, @santimentfeed highlights a recent surge of on-chain transaction volume for Dogecoin. Volume spiked to $665 million, the highest amount seen in three months. Rising on-chain activity indicates growing usage and interest in the sleeping giant DOGE.

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Traders Jump on Board

With both technical and on-chain factors turning favorable, traders have jumped on the Dogecoin bandwagon, betting on further upside. @santimentfeed notes a significant amount of long positions being opened for DOGE as confidence builds in the resurgence of the meme coin king. After months of rangebound action, the DOGE appears to finally be stirring awake once more.

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The post Dogecoin (DOGE) Wakes Up, Here’s What Tagged The Sleeping Giant and Meme Coin King appeared first on CaptainAltcoin.

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dogecoin meme doge according analysts action lackluster

Источник: captainaltcoin.com

dogecoin meme → Результатов: 126


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Internet Favorite Dogecoin (DOGE) Lands Listing on Crypto Exchange Binance

The cryptocurrency exchange Binance has just revealed that it will be listing Dogecoin (DOGE) with five trading pairs available. Since the announcement, DOGE has jumped around 32 percent in value. Wow, Such Coin The beloved Dogecoin has always been a popular meme within the crypto-verse and has developed an intensely devoted following since.

2019-7-6 15:55


Фото:

What Do XRP And Dogecoin Have In Common?

It sounds like a bad christmas cracker joke (which we are allowed to mention since it’s now October) but what to XRP and Dogecoin have in common? Of course, one is based upon a meme and the other is a very serious blockchain solution designed for the facilitation of financial transactions (but which is which?) however, the pair do have something very interesting in common, they are leading the markets in a very special way.

2018-10-2 20:00


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