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Crypto Whales Show Faith in Dogecoin and Pepe 👀👇
Despite recent price drops, crypto whales have been actively accumulating Dogecoin (DOGE) and Pepe (PEPE) in early July 2024. According to IntoTheBlock data, large holders of DOGE, who control between 0.1% to 1% of the cryptocurrency, have been buying up the coin in massive amounts. On July 2, 61.88 million DOGE were purchased, followed by a significant spike to 516.08 million the next day. Although the amount has since decreased to 215.90 million, these whales have invested $23.74 million in DOGE at an average price of $0.11, marking a substantial 175.44% increase in holdings.
Meanwhile, Pepe has seen a remarkable 2237.18% surge in large holder net flow over the past week, indicating intense whale activity. Although PEPE's price remains relatively stable at $0.0000078, the persistent buying spree by these whales could potentially impact the token's price in the future.
These developments suggest that crypto whales are bullish on DOGE and PEPE, and their investments could potentially influence the market trends for these meme coins.
#Memecoin🤑🤑 #Write2Earn! #doge⚡ #pepe⚡
Despite recent price drops, crypto whales have been actively accumulating Dogecoin (DOGE) and Pepe (PEPE) in early July 2024. According to IntoTheBlock data, large holders of DOGE, who control between 0.1% to 1% of the cryptocurrency, have been buying up the coin in massive amounts. On July 2, 61.88 million DOGE were purchased, followed by a significant spike to 516.08 million the next day. Although the amount has since decreased to 215.90 million, these whales have invested $23.74 million in DOGE at an average price of $0.11, marking a substantial 175.44% increase in holdings.
Meanwhile, Pepe has seen a remarkable 2237.18% surge in large holder net flow over the past week, indicating intense whale activity. Although PEPE's price remains relatively stable at $0.0000078, the persistent buying spree by these whales could potentially impact the token's price in the future.
These developments suggest that crypto whales are bullish on DOGE and PEPE, and their investments could potentially influence the market trends for these meme coins.
#Memecoin🤑🤑 #Write2Earn! #doge⚡ #pepe⚡
DOGE PRICE PREDICTION: BULLS BACK IN THE GAME!‼️‼️‼️‼️‼️‼️‼️‼️👀👀
ANALYSIS:
Dogecoin (DOGE) is making a remarkable recovery, surging over 8% in the last 24 hours, according to CoinGlass data. The increase in long positions and a strong bullish doji candle on the daily time frame signal a bullish trend. Technical analysis suggests a strong support level at $0.104, with a potential upside move to $0.128, near the 200 Exponential Moving Average (EMA).
KEY POINTS:
- DOGE's long position surges, signaling bullishness
- Technical analysis suggests a strong support level and potential upside move
- Open interest (OI) increases by over 4% in 24 hours
- DOGE price surges over 8% in 24 hours, trading at $0.108
MARKET SENTIMENT:
Investors and traders are showing increased interest and confidence in DOGE, despite a recent market downturn. The Relative Strength Index (RSI) is in an oversold area, supporting the bullish trend.
OTHER CRYPTO ASSETS:
Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP (XRP), and BNB (BNB) are also experiencing a price surge, ranging from 3.5% to 8.5% in the last 24 hours.
FEAR AND UNCERTAINTY:
The market remains cautious due to the recent sell-off of Bitcoin by the US and German governments and the update on BTC distribution by Mt. Gox.
#doge⚡ #DogecoinCommunity #DogeForever #Write2Earn! #SOFR_Spike
ANALYSIS:
Dogecoin (DOGE) is making a remarkable recovery, surging over 8% in the last 24 hours, according to CoinGlass data. The increase in long positions and a strong bullish doji candle on the daily time frame signal a bullish trend. Technical analysis suggests a strong support level at $0.104, with a potential upside move to $0.128, near the 200 Exponential Moving Average (EMA).
KEY POINTS:
- DOGE's long position surges, signaling bullishness
- Technical analysis suggests a strong support level and potential upside move
- Open interest (OI) increases by over 4% in 24 hours
- DOGE price surges over 8% in 24 hours, trading at $0.108
MARKET SENTIMENT:
Investors and traders are showing increased interest and confidence in DOGE, despite a recent market downturn. The Relative Strength Index (RSI) is in an oversold area, supporting the bullish trend.
OTHER CRYPTO ASSETS:
Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP (XRP), and BNB (BNB) are also experiencing a price surge, ranging from 3.5% to 8.5% in the last 24 hours.
FEAR AND UNCERTAINTY:
The market remains cautious due to the recent sell-off of Bitcoin by the US and German governments and the update on BTC distribution by Mt. Gox.
#doge⚡ #DogecoinCommunity #DogeForever #Write2Earn! #SOFR_Spike
#doge⚡
#DogeMoon🚀
ENTRY 11800
target
1200
1300
1400
1500
1600+++
follow.me.
And join.faimly
HAFIZ SHEHRAZ🔥🔥🔥
#US_Job_Market_Slowdown
#SOFR_Spike #btc70
#DogeMoon🚀
ENTRY 11800
target
1200
1300
1400
1500
1600+++
follow.me.
And join.faimly
HAFIZ SHEHRAZ🔥🔥🔥
#US_Job_Market_Slowdown
#SOFR_Spike #btc70
Can #doge⚡ arrive at 1 dollar at the final of the year???
#MemeWatch2024 #BinanceTournament #ETH_ETFs_Approval_Predictions #meme_coin
$DOGE
#MemeWatch2024 #BinanceTournament #ETH_ETFs_Approval_Predictions #meme_coin
$DOGE
Looks good but if it breaks it's resistance than go it will be bullish otherwise it will be follow downside trend...do your own research #doge⚡ #BTC☀ #BULLishWithBULL #BinanceTurns7 #Dyor2024 $DOGE
Dogecoin Loses $0.1 Support As Whale Dumps 400M Coins, What’s Next? 🚨
Dogecoin has recently taken the heat of the broader crypto market trend and significant selling pressure brought by a whale dump, losing its support of $0.1. 📌
A whale dumped 400 million DOGE to the Binance. Notably, a whale further dumped a staggering 400 million DOGE to Binance amid this fall, following which the DOGE price gradually lost its crucial support of $0.1. This has ignited immensely bearish market sentiments on the asset’s potential to offer gains ahead.
Whale Dumps $41M To Binance
In a post shared by the on-chain transaction tracker Whale Alert on X, it was brought to attention that 400 million DOGE, worth $41.08 million, was shifted to one of the globally leading CEXs, Binance, on July 5. This transfer was made by the Dogecoin whale address DU8gP.
Data by Blockchair showed that the whale address still held 379.80 million DOGE, valued at $36.59 million. Intriguingly, CoinGape Media reported the same address to have accumulated approximately 1 billion DOGE from Binance at the beginning of this year. It appears that the whale has strategically offloaded his holdings amid this year’s bull cycle.
Meanwhile, usual market sentiments have taken a paradigm bearish shift as the whale’s massive dump underscores a loss of confidence in the asset’s potential to offer gains in the near future. However, it’s worth mentioning that the address still holds considerable amounts of Dogecoin.
#doge⚡ #CPIAlert #CPIAlert
Dogecoin has recently taken the heat of the broader crypto market trend and significant selling pressure brought by a whale dump, losing its support of $0.1. 📌
A whale dumped 400 million DOGE to the Binance. Notably, a whale further dumped a staggering 400 million DOGE to Binance amid this fall, following which the DOGE price gradually lost its crucial support of $0.1. This has ignited immensely bearish market sentiments on the asset’s potential to offer gains ahead.
Whale Dumps $41M To Binance
In a post shared by the on-chain transaction tracker Whale Alert on X, it was brought to attention that 400 million DOGE, worth $41.08 million, was shifted to one of the globally leading CEXs, Binance, on July 5. This transfer was made by the Dogecoin whale address DU8gP.
Data by Blockchair showed that the whale address still held 379.80 million DOGE, valued at $36.59 million. Intriguingly, CoinGape Media reported the same address to have accumulated approximately 1 billion DOGE from Binance at the beginning of this year. It appears that the whale has strategically offloaded his holdings amid this year’s bull cycle.
Meanwhile, usual market sentiments have taken a paradigm bearish shift as the whale’s massive dump underscores a loss of confidence in the asset’s potential to offer gains in the near future. However, it’s worth mentioning that the address still holds considerable amounts of Dogecoin.
#doge⚡ #CPIAlert #CPIAlert
🚨😳BREAKING NEWS: $DOGE Buy-in 🚨
A major transaction has just been detected involving Dogecoin ($DOGE ). A staggering 90,000,000 $DOGE , valued at approximately $10,000,124 USD, has been transferred from the cryptocurrency exchange Binance to the address DGmzv39riELTuigZCUD6sWoHEHPdSbxdUB.
Key Details:
- Amount Transferred:90,000,000 $DOGE
- Current Value:$10,000,124 USD
- Sending Address:Binance
- Receiving Address:DGmzv39riELTuigZCUD6sWoHEHPdSbxdUB
This substantial $DOGE transfer signifies significant market activity, potentially influencing Dogecoin's market dynamics.
Stay tuned for more updates on Dogecoin and other cryptocurrencies! Like, follow, and comment for the latest developments!
#Write2Earn! #doge⚡ #ETH_ETFs_Approval_Predictions #BinanceTournament #MtGoxJulyRepayments
A major transaction has just been detected involving Dogecoin ($DOGE ). A staggering 90,000,000 $DOGE , valued at approximately $10,000,124 USD, has been transferred from the cryptocurrency exchange Binance to the address DGmzv39riELTuigZCUD6sWoHEHPdSbxdUB.
Key Details:
- Amount Transferred:90,000,000 $DOGE
- Current Value:$10,000,124 USD
- Sending Address:Binance
- Receiving Address:DGmzv39riELTuigZCUD6sWoHEHPdSbxdUB
This substantial $DOGE transfer signifies significant market activity, potentially influencing Dogecoin's market dynamics.
Stay tuned for more updates on Dogecoin and other cryptocurrencies! Like, follow, and comment for the latest developments!
#Write2Earn! #doge⚡ #ETH_ETFs_Approval_Predictions #BinanceTournament #MtGoxJulyRepayments
I feel like with Binance I have a new purpose and direction in life, since I joined Binance, I have increased my mood and confidence, I have stopped being more depressed because that has brought me a different view of the investment and financial market, i luv BINANCE.
#BinanceTurns7it #PEPE市值超越LTC #doge⚡ #shiba⚡ #pepe⚡
#BinanceTurns7it #PEPE市值超越LTC #doge⚡ #shiba⚡ #pepe⚡
LIVE
Binance Square Official
--
#BinanceTurns7 Come celebrate 7 years of Binance with us to unlock digital badges and win some exclusive 7YA swag!
Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge
- Complete the setup of your Binance Square profile (e.g., username, profile, biography) and follow this account @Binance_Square_Official during the Activity Period.
- Comment on this Binance Square official post with your Binance birthday wishes, and ensure that your post includes the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge.
Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch
- Users who successfully complete Task 1 may receive an upgraded version of the 7YA Digital Badge by sharing their fondest memories with Binance in a new Binance Square post that mentions the #BinanceTurns7 hashtag during the Activity Period.
- On top of that, the top seven participants with the highest total number of engagements (i.e., likes, shares, comments, quotes) for a qualified post in Task 2 during the Activity Period, will each receive one set of Binance 7YA merch.
Terms and conditions:
- 7YA digital badges will appear next to the profiles of qualified participants within four working days after the promotion ends.
- Winners of 7YA merch will be notified via a push notification under Creator Center > Square Assistant, within four weeks after the promotion ends.
- Users should complete the required instructions within the timeframe stipulated in the push notification to successfully receive merch rewards. Please note that winners should provide a valid shipping address, and will be responsible for any taxes, if applicable.
- No refunds or cash equivalent value of the rewards will be granted.
Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge
- Complete the setup of your Binance Square profile (e.g., username, profile, biography) and follow this account @Binance_Square_Official during the Activity Period.
- Comment on this Binance Square official post with your Binance birthday wishes, and ensure that your post includes the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge.
Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch
- Users who successfully complete Task 1 may receive an upgraded version of the 7YA Digital Badge by sharing their fondest memories with Binance in a new Binance Square post that mentions the #BinanceTurns7 hashtag during the Activity Period.
- On top of that, the top seven participants with the highest total number of engagements (i.e., likes, shares, comments, quotes) for a qualified post in Task 2 during the Activity Period, will each receive one set of Binance 7YA merch.
Terms and conditions:
- 7YA digital badges will appear next to the profiles of qualified participants within four working days after the promotion ends.
- Winners of 7YA merch will be notified via a push notification under Creator Center > Square Assistant, within four weeks after the promotion ends.
- Users should complete the required instructions within the timeframe stipulated in the push notification to successfully receive merch rewards. Please note that winners should provide a valid shipping address, and will be responsible for any taxes, if applicable.
- No refunds or cash equivalent value of the rewards will be granted.
This week, the cryptocurrency market experienced significant selling pressure, with Bitcoin's price reaching its lowest since February and other cryptocurrencies following suit. High interest rates and dwindling demand for Bitcoin exchange-traded funds contributed to the decline. Additionally, a lack of liquidity due to the July 4 holiday in the U.S. further exacerbated the price drop.
Amid this market uncertainty, the 30-day market value to realized value (MVRV) ratio has drawn attention as a potential investment timing indicator. According to on-chain analytics firm Santiment, this metric compares the market capitalization of a cryptocurrency against its realized cap. The 30-day MVRV measures the average profit or loss of investors who purchased the asset within the past month. A lower 30-day MVRV suggests that the crypto asset is undervalued and may indicate a dip-buying opportunity with less risk.
$DOGE , $XRP , and $ADA have seen significant declines from their 2024 highs, with recent market selling exacerbating losses. However, Santiment's analysis using the 30-day MVRV ratio offers hope. The analysis indicates that these cryptocurrencies may be undervalued and present less risk for short-term investments. According to Santiment, Dogecoin has the lowest 30-day MVRV at -19.7%, followed by XRP at -10.1%, and ADA at -9.9%. These negative percentages imply that these coins are currently undervalued, suggesting a potential price comeback.
While the MVRV ratio remains a useful tool, it is important to consider it alongside other market factors and sentiment. The current undervaluation of DOGE, XRP, and ADA could signal a buying opportunity, but investors should remain cautious and analyze all available data before making investment decisions.
#MarketSentimentToday #CryptoUpdate #doge⚡ #XRPGoal #CardanoADA
Amid this market uncertainty, the 30-day market value to realized value (MVRV) ratio has drawn attention as a potential investment timing indicator. According to on-chain analytics firm Santiment, this metric compares the market capitalization of a cryptocurrency against its realized cap. The 30-day MVRV measures the average profit or loss of investors who purchased the asset within the past month. A lower 30-day MVRV suggests that the crypto asset is undervalued and may indicate a dip-buying opportunity with less risk.
$DOGE , $XRP , and $ADA have seen significant declines from their 2024 highs, with recent market selling exacerbating losses. However, Santiment's analysis using the 30-day MVRV ratio offers hope. The analysis indicates that these cryptocurrencies may be undervalued and present less risk for short-term investments. According to Santiment, Dogecoin has the lowest 30-day MVRV at -19.7%, followed by XRP at -10.1%, and ADA at -9.9%. These negative percentages imply that these coins are currently undervalued, suggesting a potential price comeback.
While the MVRV ratio remains a useful tool, it is important to consider it alongside other market factors and sentiment. The current undervaluation of DOGE, XRP, and ADA could signal a buying opportunity, but investors should remain cautious and analyze all available data before making investment decisions.
#MarketSentimentToday #CryptoUpdate #doge⚡ #XRPGoal #CardanoADA
Dogecoin Founder Opposes 'Dark' Crypto Holders 'Diagnosis' From Study
Billy Markus, who created the original meme cryptocurrency Dogecoin in collaboration with Jackson Palmer in 2013, has taken to his account on the X platform to criticize a study made on cryptocurrency holders recently and then reported by the Independent. This study claims that those who invest in cryptocurrency assets are inclined to have “dark traits” of personality, the “dark tetrad” in particular. The Dogecoin founder said he strongly disagrees with that opinion: “i disagree and let me lengthily argue why i am right.”The Independent article speaks about a study made on 2,001 adults living in the USA who were asked whether they own any cryptocurrency on not. Approximately 30% of these adults admitted to owning crypto. Along with the question about owning crypto, the researchers also collected some other information about them, including their psychological, political and other traits of personality. Based on that data, the researchers tried to decide on characteristics that could best predict whether someone had bought cryptocurrency assets. This study suggested that crypto owners from these respondents are likely to have “dark tetrad” personality traits. In particular, they rely on “fringe social media sources,” “believe in conspiracy theories” and “feel victimized.” They summarized it as traits aligned with “the dark tetrad,” i.e., narcissism, Machiavellianism, psychopathy and sadism. However, the Independent claims that the strongest predictor of whether a person owns crypto proved to be whether they rely on “fringe social media sources” to find out the latest news.
#Dogecoin #doge⚡ #DogecoinPotential #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions
Billy Markus, who created the original meme cryptocurrency Dogecoin in collaboration with Jackson Palmer in 2013, has taken to his account on the X platform to criticize a study made on cryptocurrency holders recently and then reported by the Independent. This study claims that those who invest in cryptocurrency assets are inclined to have “dark traits” of personality, the “dark tetrad” in particular. The Dogecoin founder said he strongly disagrees with that opinion: “i disagree and let me lengthily argue why i am right.”The Independent article speaks about a study made on 2,001 adults living in the USA who were asked whether they own any cryptocurrency on not. Approximately 30% of these adults admitted to owning crypto. Along with the question about owning crypto, the researchers also collected some other information about them, including their psychological, political and other traits of personality. Based on that data, the researchers tried to decide on characteristics that could best predict whether someone had bought cryptocurrency assets. This study suggested that crypto owners from these respondents are likely to have “dark tetrad” personality traits. In particular, they rely on “fringe social media sources,” “believe in conspiracy theories” and “feel victimized.” They summarized it as traits aligned with “the dark tetrad,” i.e., narcissism, Machiavellianism, psychopathy and sadism. However, the Independent claims that the strongest predictor of whether a person owns crypto proved to be whether they rely on “fringe social media sources” to find out the latest news.
#Dogecoin #doge⚡ #DogecoinPotential #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions
Crypto Prices Today(06-07-2024): Bitcoin, Etherium, Solana, others crash up to 17% on liquidations.
$BTC $ETH $SOL
#AirdropGuide
#BinanceTournament
#shiba⚡
#BNB_Market_Update
#doge⚡
Bitcoin prices (BTC) witnessed a sharp crash up to 8% and were trading at $54,129 on Friday around 12:30 pm. The fall has extended to 12% over the last seven days. BTC’s fall had a rub-off effect on other cryptos as well including Etherium (ETH), BNB, Solana, XRP, Toncoin, Dogecoin, Cardano, Tron, Avalanche and Shiba Inu which fell by up to 17%.
Bitcoin fell below $55,000 level hitting its two month low amid the presidential election uncertainty in the US and Mt Gox flows, Edul Patel, CEO of Mudrex said. Moreover, the German government moving yet another $175 million in Bitcoin and the Federal Reserve signaling it’s not ready to cut rates also added to the pressure in the market, he added.
With 3 major supply overhangs (Mt.Gox, US and German Governments) currently being unloaded on to the BTC markets, the expected selling pressure has brought down prices of the largest crypto asset to levels from six months ago, after breaching the $55k mark earlier today, CoinSwitch Markets Desk.
The drop in crypto prices in the last 24 hours could be attributed to significant liquidations. The broader markets have followed suit with altcoin price getting crushed, and market wide liquidations exceeding $300mm in the last 24 hours.
$BTC $ETH $SOL
#AirdropGuide
#BinanceTournament
#shiba⚡
#BNB_Market_Update
#doge⚡
Bitcoin prices (BTC) witnessed a sharp crash up to 8% and were trading at $54,129 on Friday around 12:30 pm. The fall has extended to 12% over the last seven days. BTC’s fall had a rub-off effect on other cryptos as well including Etherium (ETH), BNB, Solana, XRP, Toncoin, Dogecoin, Cardano, Tron, Avalanche and Shiba Inu which fell by up to 17%.
Bitcoin fell below $55,000 level hitting its two month low amid the presidential election uncertainty in the US and Mt Gox flows, Edul Patel, CEO of Mudrex said. Moreover, the German government moving yet another $175 million in Bitcoin and the Federal Reserve signaling it’s not ready to cut rates also added to the pressure in the market, he added.
With 3 major supply overhangs (Mt.Gox, US and German Governments) currently being unloaded on to the BTC markets, the expected selling pressure has brought down prices of the largest crypto asset to levels from six months ago, after breaching the $55k mark earlier today, CoinSwitch Markets Desk.
The drop in crypto prices in the last 24 hours could be attributed to significant liquidations. The broader markets have followed suit with altcoin price getting crushed, and market wide liquidations exceeding $300mm in the last 24 hours.
## Big Guys, Big Predictions: What's in Store for 2024 🚀
### Looking Ahead to 2024: Cryptocurrency Predictions 🌟
🔮 **Exciting Price Targets**:
- **$SHIB **: Potentially reaching **$5**
- **$PEPE **: Aiming for **$39**
- **#xrpsucess **: Possibly soaring to **$2000**
- **$LUNC **: Climbing to **$732**
- **$DOGE**: Potentially hitting an impressive **$2502**
### ⚠️ Investment Tips:
- **Do Your Research**: Dive deep into each coin's fundamentals and market dynamics.
- **Avoid Speculation**: Don't invest in low-value coins based solely on hype.
- **Informed Decisions**: Make choices grounded in solid knowledge and understanding.
### 🌐 Navigating the Crypto World:
Staying informed and making educated investment decisions are crucial for success in the ever-changing world of cryptocurrencies.
Stay smart, stay updated, and explore the future of crypto with confidence! 🚀
#doge⚡ #CPIAlert
### Looking Ahead to 2024: Cryptocurrency Predictions 🌟
🔮 **Exciting Price Targets**:
- **$SHIB **: Potentially reaching **$5**
- **$PEPE **: Aiming for **$39**
- **#xrpsucess **: Possibly soaring to **$2000**
- **$LUNC **: Climbing to **$732**
- **$DOGE**: Potentially hitting an impressive **$2502**
### ⚠️ Investment Tips:
- **Do Your Research**: Dive deep into each coin's fundamentals and market dynamics.
- **Avoid Speculation**: Don't invest in low-value coins based solely on hype.
- **Informed Decisions**: Make choices grounded in solid knowledge and understanding.
### 🌐 Navigating the Crypto World:
Staying informed and making educated investment decisions are crucial for success in the ever-changing world of cryptocurrencies.
Stay smart, stay updated, and explore the future of crypto with confidence! 🚀
#doge⚡ #CPIAlert
$W is going to delist ?
recent downfall in market and delist.
Many people are thinking #WormholeWin is going to delist which is not true. All coins in bearish position due to the down trend of bitcoin.
$PEPE $SHIB #doge⚡ #BTC☀ #ETH🔥🔥🔥🔥
recent downfall in market and delist.
Many people are thinking #WormholeWin is going to delist which is not true. All coins in bearish position due to the down trend of bitcoin.
$PEPE $SHIB #doge⚡ #BTC☀ #ETH🔥🔥🔥🔥
{Dogecoin liquidation crossfire}
While this liquidation figure of $4.92 million in 24 hours is small compared to the $90.06 million for Bitcoin (BTC), it is still significant for DOGE. At the liquidation mark, a total of 41,554,054 DOGE has been liquidated thus far, with long traders accounting for $4.87 million of the total.
$DOGE #doge⚡ #BinanceTournament #Megadrop
While this liquidation figure of $4.92 million in 24 hours is small compared to the $90.06 million for Bitcoin (BTC), it is still significant for DOGE. At the liquidation mark, a total of 41,554,054 DOGE has been liquidated thus far, with long traders accounting for $4.87 million of the total.
$DOGE #doge⚡ #BinanceTournament #Megadrop
