Binance Square
LIVE
LIVE
ENOFUA GREAT ETUE Gr8grizzy
--685 views
Dogecoin (DOGE) Price Prediction: May 2024 The cryptocurrency market is undergoing another correction as we say goodbye to April. Bitcoin (BTC) has fallen 5.2% in the weekly charts, trading at just over $62,000. BTC’s plummet has trickled into other assets as well. Dogecoin (DOGE) has fallen 3.7% in the last 24 hours, 10.5% in the weekly charts, 9.1% in the 14-day charts, and over 32% in the previous month. The cryptocurrency market’s latest plunge could be due to slow inflows into spot BTC ETFs due to investor fears fuelled by rising geopolitical tensions, high inflation, and fading expectations of an interest rate cut. According to CoinCodex, DOGE will continue to trade at around $0.144 till May 7, 2024. However, the asset may face a correction later in the month. CoinCodex anticipates DOGE to fall to $0.125 by the end of May. Hitting $0.125 from current levels would translate to a decline of about 13.19%. Although Dogecoin (DOGE) is one of the most popular crypto assets, it has struggled to gain momentum recently. However, tech billionaire Elon Musk has said that Tesla might enable DOGE payments for their vehicles soon. If Tesla begins DOGE payments for its cars, the asset may see a sudden boom in adoption. Furthermore, Musk’s X platform might include DOGE in its upcoming payments feature. The move could lead to a sudden spike in the asset’s price. #DogecoinDay #DogecoinUp #Memecoins #BullorBear #Megadrop

Dogecoin (DOGE) Price Prediction: May 2024

The cryptocurrency market is undergoing another correction as we say goodbye to April. Bitcoin (BTC) has fallen 5.2% in the weekly charts, trading at just over $62,000. BTC’s plummet has trickled into other assets as well. Dogecoin (DOGE) has fallen 3.7% in the last 24 hours, 10.5% in the weekly charts, 9.1% in the 14-day charts, and over 32% in the previous month. The cryptocurrency market’s latest plunge could be due to slow inflows into spot BTC ETFs due to investor fears fuelled by rising geopolitical tensions, high inflation, and fading expectations of an interest rate cut. According to CoinCodex, DOGE will continue to trade at around $0.144 till May 7, 2024. However, the asset may face a correction later in the month. CoinCodex anticipates DOGE to fall to $0.125 by the end of May. Hitting $0.125 from current levels would translate to a decline of about 13.19%.

Although Dogecoin (DOGE) is one of the most popular crypto assets, it has struggled to gain momentum recently. However, tech billionaire Elon Musk has said that Tesla might enable DOGE payments for their vehicles soon. If Tesla begins DOGE payments for its cars, the asset may see a sudden boom in adoption. Furthermore, Musk’s X platform might include DOGE in its upcoming payments feature. The move could lead to a sudden spike in the asset’s price.

#DogecoinDay #DogecoinUp #Memecoins #BullorBear #Megadrop

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Square-Creator-blogger

Explore More From Creator

Cryptocurrency: Top 3 Meme Coins That Can Double Your Investment In 2024 Meme coins have emerged as a popular choice among cryptocurrency investors seeking potentially high returns. These tokens, often inspired by internet memes and viral trends, have the potential to generate gains in a relatively short period of time. Shiba Inu (SHIB):Shiba Inu (SHIB) has shown remarkable resilience and growth potential. Despite a 1.4% decrease in the past 24 hours, with a current trading price of $0.0000241, SHIB remains a strong contender for investors looking to double their investment in the coming year. The 24-hour trading range for SHIB is between $0.00002359 and $0.00002457, indicating a relatively stable market. With a strong community behind it and a growing ecosystem, Shiba Inu has the potential to attract more investors and see notable price appreciation in 2024. Dogwifhat (WIF):Dogwifhat (WIF), a relatively new entrant to the meme coin space, has been making waves with its unique branding and potential for growth. Currently trading at $2.71, WIF has experienced a 5.52% increase in the past 24 hours.The 24-hour trading range for WIF is between $2.44 and $2.75, indicating a healthy level of market activity. As more investors discover the potential of this meme coin and its community continues to grow, Dogwifhat could potentially deliver 100% returns or more in 2024. Dogecoin (DOGE):Dogecoin (DOGE), the original meme coin that started as a joke but has since gained a massive following, remains a top contender for investors seeking to double their investment. Despite a slight 0.13% decrease in the past 24 hours, with a current trading price of $0.1516, Dogecoin’s popularity and widespread adoption make it a strong candidate for potential gains.The 24-hour trading range for DOGE is between $0.148 and $0.1532, indicating a relatively stable market. With a loyal community and increasing acceptance as a means of payment, Dogecoin has the potential to see great price appreciation in the coming year. #DogecoinDay #Shibalnu #WIF_Usdt #WIFBULLISH #WIF🔥🔥
--
Shiba Inu vs Dogecoin: ChatGPT Picks 2024 Summer Winner Shiba Inu (SHIB) and Dogecoin (DOGE) are two of the biggest and most popular memecoins in the market. Launched in 2013, DOGE has the advantage of being the first memecoin. However, SHIB has made significant strides in the market since its 2020 debut. DOGE is currently the 10th largest cryptocurrency by market cap, while SHIB is the 12th largest. SHIB often considers itself the “DOGE Killer” and has made notable progress in its almost four-year history. DOGE, on the other hand, has more adoption and a larger market cap. While SHIB has a market cap of about $14.1 billion, DOGE is valued at around $21.8 billion. Nonetheless, both assets have a loyal fan base and significant demand. According to ChatGPT-4, Shiba Inu (SHIB) would be the better investment for the summer of 2024. The chatbot named ongoing projects, such as Shibahub, ShibaEternity P2E, K9 Finance, and ShibaSwap 2.0, as possible catalysts for the asset’s price. ChatGPT also highlighted SHIB’s loyal community as a strength. CoinCodex paints a bullish picture for SHIB over the next few weeks. The platform predicts SHIB to surpass the $0.00008 level in June, hitting $0.00008228 on June 17, 2024. Reaching $0.00008228 from current levels would translate to a growth of nearly 244%. Changelly also predicts SHIB to rally over the next few weeks. The platform anticipates the dog-themed crypto to hit $0.00008324 on June 16, 2024. #Shibalnu #shibatrend #DogecoinDay #DogecoinPotential #altcoins
--
Believe the Experts: BEFE Coin Can Turn $100 into $200,000! Using BEFE Coin, you can now convert your $100 into an astounding $200,000. Prominent analysts are attesting to this extraordinary potential, indicating that BEFE Coin would be the most sought-after asset to profit from in the expanding cryptocurrency industry. Will BEFE eventually cause havoc for all other meme-focused altcoins in the market? Let's investigate. Social media is ablaze with a new craze, with “memecoins” now that appear on the cryptocurrency market, lighting up. That's where most of these internet jokes and viral cultural references went on to draw enormous interest from online communities and even celebrity endorsements.The main feature that differentiates BEFE Coin from other memecoins is that it is among the first actually to have some utility attached to it.In BEFE's case, it is the large and growing community around the project that makes it strong. The unprecedented BEFE Coin hype is likely to disrupt and challenge the landscape of established memecoins and their chieftains, DOGE and SHIB.BEFE has been on a terrific show over the past 2 months, as small corrections entertain the bulls. On March 23, the price of BEFE surged to 33.47%, trading at $0.00054318. The next day, March 24, saw it reach $0.00065322, this time by a surge of 20.29%. On March 24, the token's trading volume rose to touch the highest level at $1,722,236, as investors trooped into the token. The price of BEFE eventually came off its March high but found stability above $0.00009000 for the most part of the past month. This stability is confirmed by the constant trading volume that BEFE possesses, remaining north of $150,000 on most days in the past month. This means that BEFE has been very good at keeping the price afloat, attracting interest from investors, and maintaining liquidity in spite of intermediate market fluctuations. #BEFE #notcoin #altcoins #buythedip #MicroStrategy
--
Cardano: ADA Retests Before Breaking Out, Can It Hit $0.50 Mark Soon? Cardano (ADA) is yet to explore its bullish potential to the fullest. The token has adopted a rather lethargic stance this season, despite encountering robust waves of ecosystem developments. Per Sssebi, a notable crypto analyst on X, Cardano is currently retesting the upper trendline of a triangle. Retesting of a token generally refers to a phenomenon when the asset comes back to test its significant support or resistance price spot. It does so to check whether it can breach it to break into bullish momentum. Per the expert, ADA’s RSI indicators are also portraying a bullish divergence, signaling a bullish onset of the token.The analyst later shared that if ADA manages to close and breach the $0.46 mark, it can soon show some significant price action. “$ADA is now retesting the upper trendline of the triangle, which BTC already broke. Bullish divergence on the RSI is also visible. If the ADA starts closing above 0.46, we could see a rally soon.”Per CoinCodex, ADA may continue to face some friction along the line and shed 4% of its value to trade at $0.41 by May 21.The token may also gain some of its valuation back by May 23, trading at the $0.43 price level. “The Cardano price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Cardano projections, ADA will be changing hands at $0.432047 on May 23, 2024, losing 5.69% in the process.”Additionally, by June 14, the platform shares that Cardano can gain nearly 4% again to trade at $0.48. #CardanoSurge #CardanoPredictions #CMEBitcoinSpotTrading #notcoin #MemeWatch2024
--
The Dogecoin Explosion Made Something Click In Me:' Veteran Trader Shares Secrets To Turning Pennies Into Millions With Meme Coins Meme coins, with their wild price swings and internet-fueled frenzy, have become a land of opportunity for some cryptocurrency traders.Millionaire trader Unipcs, also known as the ‘Bonk Guy‘, is a shining example, having amassed significant wealth by riding the surges of these digital assets.In an interview with Benzinga, Bonk Guy offered a rare glimpse into his strategies and insights on the meme coin market, shedding light on the world of high-risk, high-reward crypto investing. Meme coin trading is a wild ride, and Unipics acknowledges the emotional toll it can take.He advocates for a “moon or bust” mentality, where investors write off their holdings and focus solely on reaching their target profit or accepting a complete loss.“Once I buy an asset, I just write it off in my mind,” he explains.“I’m not moved or fazed if it goes to zero. I simply give myself a target and hold until it reaches my target or goes to zero. Nothing else matters.” This approach, he argues, allows for a more detached and less stressful trading experience. Bonk Guy remains bullish on Bonk, citing its association with Solana and the potential for further growth.“I’m obviously very bullish on Bonk for reasons I already listed,” he says. “I’m the ‘bonk guy’ for a reason.” He also highlights Floki FLOKI/USD + Free Alerts , another meme coin with a strong track record, as an underrated gem.“Besides Bonk, I’m very excited about Floki,” he reveals. “It is my biggest memecoin bag, and I think it is currently the most underrated major memecoin.While Floki launched in 2021, it has outperformed every other major memecoin including PEPE #DogecoinDay #DogecoinPotential #pepe⚡ #FLOKI✅ #altcoins
--
Sitemap
Cookie Preferences
Platform T&Cs