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According to U.Today, a significant alert has been issued by a prominent Dogecoin developer to the Dogecoin community regarding the closure of Dogechain.info, a widely used Dogecoin wallet platform. The platform, which has been operational for over a decade, recently ceased operations due to bankruptcy, causing concern among users about securing their private keys. The developer has urged users to act swiftly to safeguard their funds before the looming deadline. The developer's warning, shared in a recent post, highlights the urgency for Dogecoin holders to download their private keys from the Dogechain.info website by December 31, 2024, using the Wallet Backup feature. Failure to do so will result in the irreversible loss of access to funds stored in these wallets. The developer also advised users facing issues with receiving two-factor authentication (2FA) codes to contact the team via the official email address for assistance. As the shutdown progresses, scammers have begun exploiting the situation by targeting Dogechain.info users. A notable scam involves the use of the Dogechain.com domain in phishing attacks. The developer has cautioned users to remain vigilant against such scams and to verify URLs before clicking on any links. This simple precaution could prevent funds from being lost to cybercriminals. In response to the developer's warning, a user suggested that the message be shared widely and translated into different languages to ensure that a larger number of Dogecoin holders understand the urgency and take necessary action before the deadline. This comment underscores the importance of reaching as many people as possible within the community, as language barriers could hinder effective communication of the warning.

According to Cointelegraph: Dogecoin’s price jumped by over 5% in the past 24 hours to trade at $0.3918, outpacing the broader cryptocurrency market, which saw a modest 0.9% rise. Several technical and on-chain metrics suggest that DOGE could be primed for new all-time highs in the coming weeks.Key Catalysts Driving DOGE’s Price RallyElon Musk and the D.O.G.E. InitiativeDogecoin’s bullish momentum has been fueled by heightened interest following U.S. President-elect Donald Trump’s victory and his announcement of the Department of Government Efficiency (D.O.G.E.), with Elon Musk and Vivek Ramaswamy appointed to lead it. Known as the "Doge Father," Musk’s involvement has amplified retail and institutional interest in DOGE.Social media mentions of Dogecoin have surged, indicating increasing attention, though data from Google Trends suggests that retail traders are still on the sidelines, leaving room for further price gains.Whale AccumulationOnchain data reveals that Dogecoin whales—addresses holding between 10 million and 100 million DOGE—accumulated approximately 140 million DOGE worth $56 million between Nov. 17 and 18. This accumulation followed a brief market correction, indicating large investors are positioning for higher future prices.Technical Indicators Signal Further UpsideBull Flag FormationFrom a technical standpoint, DOGE’s daily chart displays a bull flag pattern, a bullish continuation setup that suggests further gains. A breakout above $0.40, the upper trendline of the flag, could push DOGE’s price to $0.87, marking new all-time highs.Overbought SignalsHowever, caution is warranted as DOGE’s daily Relative Strength Index (RSI) remains in the overbought zone at 77. A pullback could see DOGE retest $0.355 or drop toward the $0.30 psychological level before resuming its uptrend.OutlookDogecoin’s rally, underpinned by technical patterns, whale accumulation, and increased social media buzz, indicates strong bullish momentum. As retail interest builds and onchain metrics improve, DOGE appears poised for further growth, with a potential target of $0.87 in sight.

According to BlockBeats, on November 16, prominent trader Eugene Ng Ah Sio shared insights on social media regarding the unexpected performance of certain cryptocurrencies. Ng highlighted that XRP, ADA, and DOGE have significantly outperformed other assets that were popular within the crypto Twitter community at the onset of the bull market. This development was not anticipated by Ng, yet he expressed his acceptance of the surprising trend.Ng's observations underscore a shift in market dynamics, where these cryptocurrencies have gained traction and surpassed expectations. The performance of XRP, ADA, and DOGE has caught the attention of traders and investors alike, as they continue to demonstrate resilience and growth in the evolving market landscape. This unexpected trend challenges previous assumptions about which assets would lead the market during this phase of the bull cycle.The commentary from Ng reflects a broader sentiment within the trading community, where adaptability and openness to market shifts are crucial. As the market continues to evolve, traders are encouraged to remain vigilant and responsive to emerging trends that may defy initial predictions. The success of XRP, ADA, and DOGE serves as a reminder of the dynamic nature of the cryptocurrency market and the importance of staying informed and flexible in investment strategies.

According to PANews, investors have officially withdrawn their appeal in the lawsuit accusing Elon Musk of manipulating the price of Dogecoin. This legal dispute has now come to a formal conclusion. The case, which attracted significant attention due to Musk's influence in the cryptocurrency market, centered around allegations that his public statements and actions led to artificial inflation of Dogecoin's value. The withdrawal of the appeal marks the end of a contentious legal battle that had been closely watched by both legal experts and cryptocurrency enthusiasts. The initial lawsuit claimed that Musk's tweets and public endorsements of Dogecoin were part of a deliberate strategy to manipulate the market for personal gain. However, with the appeal now retracted, the legal proceedings have been concluded without further escalation. This development is significant in the context of ongoing discussions about the impact of influential figures on cryptocurrency markets. Musk, known for his active presence on social media, has previously been credited with causing fluctuations in the value of various digital currencies, including Bitcoin and Dogecoin. The resolution of this case may set a precedent for how similar allegations are handled in the future, as the intersection of social media influence and financial markets continues to evolve.

According to U.Today, a significant figure in the Dogecoin (DOGE) community, known as "Mishaboar," has recently issued a crucial security warning. This advisory comes at a time when Dogecoin has experienced a remarkable increase of over 145% in the past ten days, reaching a value of $0.40 per coin and a market capitalization of $59.19 billion. Mishaboar's warning is not limited to Dogecoin holders but extends to the broader cryptocurrency community, highlighting security concerns with the widely used Phantom wallet. The recent update to the Phantom wallet has reportedly led to some users losing access to their digital assets. Originally designed for Solana, the wallet now also supports Bitcoin (BTC) and Ethereum (ETH) and is popular among meme traders. However, the latest update has introduced significant issues, causing setbacks for users. Reports indicate that the update can delete a user's seed phrase if it is not saved, potentially resulting in a loss of access to their assets. In one notable incident, the founder of a Solana-based project reportedly lost $1 million in POPCAT tokens due to this problem. Mishaboar advises Phantom wallet users to take immediate action by backing up their seed phrases to ensure future access. He emphasizes the importance of not storing large cryptocurrency holdings in smartphone wallets. Instead, he recommends using cold wallets or offline storage, which offer greater security. This advice is not only pertinent to Phantom users but also serves as a reminder to anyone using smartphone wallets to adopt better security practices. As the cryptocurrency market continues to attract more interest and prices rise, Mishaboar's statement underscores the necessity for crypto owners to actively protect their assets.

According to Cointelegraph: Dogecoin (DOGE) is showing strong potential for a significant rally, with technical indicators pointing toward a possible 1,000% gain, potentially pushing DOGE beyond the $1 mark. Following a recent 229% price surge in November, largely spurred by Donald Trump’s pro-crypto presidential win, Dogecoin has caught the attention of investors. Analysts suggest the memecoin could mirror its historic 2021 rally, which saw gains of over 7,000%.Dogecoin’s Bullish Pattern and Market MomentumVeteran trader Peter Brandt has highlighted an inverse head-and-shoulders pattern on Dogecoin’s weekly chart — a bullish signal that suggests more gains ahead. This pattern, combined with a “golden cross” on the weekly chart, could drive Dogecoin’s price to new highs. Crypto analyst Mikybull supports this outlook, forecasting a potential peak of $3 to $4 if the current market momentum holds, indicating a 1,136% rise from its current price.Key Levels to Watch: Support Zone at $0.30Dogecoin recently reached $0.44 on Nov. 12 before correcting to $0.34, oscillating between these levels. Analysts identify a crucial support area around $0.30 to $0.326, where a fair value gap aligns with the 50-day EMA. This range could act as a foundation for another leg up, with further gains likely if DOGE breaks above $0.44. Trump’s Win Fuels Dogecoin OptimismTrump’s pro-crypto stance, combined with his recent appointment of Elon Musk and Vivek Ramaswamy to the new Department of Government Efficiency (D.O.G.E.), has fueled investor interest in Dogecoin. The strategic moves and a potentially favorable regulatory environment may sustain bullish sentiment around DOGE, driving it closer to the $1 target.As DOGE’s chart patterns signal a bullish trend, and market sentiment remains strong, Dogecoin is well-positioned to continue its rally. However, experts caution that support at $0.30 will be crucial for sustaining upward momentum.

According to Benzinga: Dogecoin (DOGE) has seen an impressive 159% rally to $0.41 since the U.S. presidential election, driven by renewed optimism for a crypto-friendly environment under President Donald Trump and a broader cryptocurrency market surge. Bitcoin’s new all-time high has further contributed to this enthusiasm, sparking demand for meme-based assets like Dogecoin, which appeals to retail investors with its low price and high accessibility.Market Sentiment and Policy Speculation Drive Dogecoin HigherTrump’s campaign has generated excitement among crypto investors, with his messages suggesting support for a U.S. crypto economy. Expectations are rising that the Republican Party’s recent win will lead to policies favorable to digital assets, including corporate tax cuts and a stringent stance on inflation. As concerns over inflation grow, many investors are increasingly viewing cryptocurrencies as a hedge against dollar devaluation.Whale Moves 200 Million DOGE Amid Dogecoin’s 13% Daily Price RiseOn the back of Dogecoin’s rally, Whale Alert reported a large transfer of 200 million DOGE, worth nearly $45.7 million, from Robinhood to an anonymous wallet. This major transaction has stirred the crypto community, sparking various reactions and discussions on social media. Such substantial movements are often seen as a precursor to further price volatility, with traders keeping a close watch.According to analyst Ali Martinez, Dogecoin recently broke through the $0.198 resistance level, and if the meme coin continues to sustain above $0.20, it could enter a parabolic run. Over the past 24 hours, Dogecoin surged 13.28%, briefly reaching $0.232 before settling around $0.229 at the time of this report.As the pro-crypto sentiment grows and institutional interest in cryptocurrencies expands, Dogecoin’s community-driven appeal and market position as an entry-level asset could continue to boost its price trajectory.

According to Cointelegraph: Dogecoin (DOGE) is down today as traders capitalize on recent gains from the “Trump trade.” After reaching its highest level in five months, DOGE’s price correction suggests a profit-taking trend among traders following Donald Trump’s election win.DOGE Rally Shows Signs of OverheatingDOGE’s price fell by about 14% from a local high of $0.218, settling around $0.188 on November 7. The price dip comes as DOGE’s daily Relative Strength Index (RSI) crossed above 70, signaling an “overbought” condition. This RSI threshold often suggests that bullish momentum may be waning, leading to potential short-term pullbacks as the rally cools off. Additionally, DOGE’s recent RSI peak of 74.91 is lower than the October 9 high of 79.57, creating a divergence that could indicate weakening buying momentum.DOGE Futures Reflect Market IndecisionDOGE’s pullback coincides with a volatile futures market. Following Trump’s win, DOGE recorded around $63.83 million in liquidations, with nearly equal amounts in long and short positions. This balance of long and short liquidations indicates a turbulent market, with traders on both sides experiencing sharp price swings. High volatility in DOGE futures may prompt some traders to quickly lock in profits, contributing to today’s price retreat.DOGE Correction Risks and Key Resistance ZoneToday’s decline aligns with a recurring pattern as DOGE tests a long-standing resistance zone. This resistance level has served as a ceiling for DOGE since November 2021, with each test resulting in major corrections of 60% to 80%. If DOGE fails to break through, it risks a similar pullback, with the 50-week EMA at $0.120 potentially acting as a downside target for 2025.However, a decisive breakout above this resistance could pave the way for another rally, potentially reaching $0.221 by 2025, particularly if Trump’s pro-crypto stance and hype around Elon Musk’s hypothetical Department of Government Efficiency (D.O.G.E.) drive fresh momentum.

According to PANews, Tesla and SpaceX CEO Elon Musk recently expressed his criticism of the current U.S. immigration system on social media. Musk highlighted the difficulties faced by skilled individuals in legally immigrating to the United States, contrasting it with the relative ease of illegal entry. He questioned why it is harder for Nobel Prize winners to enter legally while criminals find it easier to cross the border illegally.Musk also mentioned his collaboration with former President Trump and DOGE to address this issue.

According to U.Today: Dogecoin (DOGE) is experiencing a surge in bullish momentum, with market analysts predicting further upward movement. Renowned on-chain analyst Ali Martinez has highlighted a potential breakout, suggesting that if Dogecoin maintains support at $0.139, the meme coin could rally to $0.175. Martinez’s recent tweet emphasized that breaking the $0.143 resistance level could lead to a substantial 25% price rally.Technical Analysis Points to Potential RallyDogecoin has been consolidating around the $0.11 mark, but a climb to the $0.175 target could transform this price point into strong support. This anticipated rally is notable, even though it falls short of Dogecoin's all-time high of $0.73 reached in May 2021. At the time of writing, Dogecoin is trading at $0.1472, with a 6.14% surge in the last 24 hours and a trading volume increase of 111.89% to $1.77 billion, indicating heightened market interest.Bullish Sentiment Dominates as DOGE Eyes $0.175With Martinez's consistent outlook, Dogecoin appears poised for continued gains. Should DOGE achieve the $0.175 target, it could set the stage for further bullish momentum in the coming weeks. Investors and traders will closely watch the $0.143 and $0.175 levels as critical points for future price movement. 

According to CoinDesk: The cryptocurrency market experienced a downturn as Bitcoin ETFs saw a net outflow of $80 million, breaking a seven-day streak of inflows. Leading the decline were major tokens like Dogecoin (DOGE) and XRP, which fell 5% and 4%, respectively, while Bitcoin struggled to maintain momentum after failing to break the $70,000 resistance level.Key Highlights:Bitcoin’s Struggle: Bitcoin dropped 1% after a failed attempt to rally towards $70,000. This influenced a broader market decline, with the CoinDesk 20 (CD20) index, which tracks the largest cryptocurrencies by market capitalization, falling by nearly 2%.Major Tokens Drop: Dogecoin (DOGE) and XRP led the losses among major tokens, both giving up gains from earlier in the week. DOGE had rallied on Elon Musk’s endorsement, while XRP benefited from positive fundamental developments.ETFs See Outflows: U.S.-listed Bitcoin ETFs saw $80 million in net outflows, with Ark Invest’s ARKB product losing a record $134 million. BlackRock’s iShares Bitcoin Trust (IBIT) led inflows with $42 million, while Fidelity’s FBTC and VanEck’s HODL brought in $8 million and $3 million, respectively.Stablecoin Concerns: Traders pointed to a lack of growth in stablecoin volume as a key reason for the market’s slowdown. Stablecoins, often used as liquidity for quick crypto purchases, have seen stagnant volume since late September, potentially signaling a broader market slowdown.Market Outlook: Despite the dip, some traders expect Bitcoin to reach $80,000 in the coming weeks, especially with the U.S. presidential election drawing near. However, concerns about liquidity and resistance levels remain.Mid-cap and low-cap cryptocurrencies saw little movement, though memecoin BONK and ApeCoin (APE) led losses, each dropping over 7%. Analysts noted that Bitcoin’s failure to break past $70,000 resistance and a pause in stablecoin liquidity are major factors contributing to the market’s current stagnation.

According to Odaily, Lookonchain monitoring has revealed that Dogecoin co-founder Shibetoshi Nakamoto, also known as Billy Markus (@BillyM2k), sold all his DOGE holdings in 2015 for $10,000 to purchase a car. The value of these tokens has since surged to over $9 million, with a peak value exceeding $45 million.Markus has created multiple new wallets to receive tips and has profited $780,000 this year by selling tokens he received for free. Three days ago, he sold BabyNeiro tokens he received for free, earning 12.2 BNB, equivalent to $7,243.

According to BlockBeats, on October 19, Runestone founder Leonidas expressed on the X platform that while other meme coins talk about decentralization, Dogecoin (DOG) has genuinely achieved it. Leonidas highlighted that Dogecoin operates under a CC0 license, allowing anyone to use DOG for any purpose without needing permission. He envisioned a community of hundreds of entrepreneurs bringing Dogecoin products to every corner of the world.