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Bitcoin hits $70,000 again, Bitcoin spot ETF sees 15 consecutive days of net inflows Bitcoin spot exchange-traded funds (ETFs) recorded net inflows of $105 million on June 3, marking the 15th consecutive day of net inflows for these ETFs. Among Bitcoin spot ETFs, Fidelity ETF (FBTC) recorded significant inflows of $77,048,200, while Bitwise ETF (BITB) attracted $14,314,500 inflows. In comparison, BlackRock’s iShares Bitcoin Trust reported zero inflows and outflows during the period. Likewise, Grayscale’s Bitcoin Trust ETF (GBTC) observed net outflows of $0.00 per day. Bitcoin hits $70,000 The continued net inflows into Bitcoin spot ETFs come as Bitcoin briefly topped the $70,000 mark on Monday, the first time it had reached such highs in a week. However, the price fell back to its familiar trading range, continuing to move sideways. At the time of writing, Bitcoin is trading around $69,000, up 2% in the past 24 hours. Ethereum (ETH) remains relatively unchanged, hovering below $3,800. Bitcoin and the overall cryptocurrency market have been in a consolidation phase for more than two months since it reached an all-time high of $73,000 in March. Analysts at Bitfinex suggest that this correction phase appears to be coming to an end. The selling of Bitcoin by long-term holders was a major factor in the correction from all-time highs. However, blockchain data shows that these holders began accumulating Bitcoin again for the first time since December 2023. Additionally, the number of new accumulation addresses for Bitcoin and Ethereum has been increasing over the past month. Despite recent price stability, this trend indicates increasing investor bullishness. Bitfinex’s analysis cited data from CryptoQuant to support these observations. Virtual asset products attract capital inflows Digital asset investment products attracted $185 million in inflows last week, marking four consecutive weeks of positive investment trends. In May, these products attracted a combined $2 billion in inflows, bringing year-to-date inflows to more than $15 billion, a record high. Bitcoin ETFs have become one of the most successful ETF categories, with total assets reaching $58.5 billion. The funds have experienced significant growth, benefiting from Bitcoin's fourfold increase in value since the beginning of last year. Although Bitcoin ETFs have proven to be profitable investments, critics worry about whether the volatile digital asset is suitable for widespread adoption, even within an ETF structure. Some countries, including Singapore and China, have imposed restrictions or outright bans on cryptocurrencies, highlighting the regulatory challenges facing these investment vehicles. The positive momentum for cryptocurrency ETFs isn’t limited to Bitcoin. Last week, the SEC also expressed its willingness to allow an ETF for Ethereum, the second-largest cryptocurrency by market capitalization. On May 23, the SEC officially approved the 19b-4 applications of VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy and Bitwise to issue spot Ethereum ETFs. Notably, several ETF issuers removed staking in the final amendments. According to reports, analytics firm Kaiko said Grayscale’s upcoming spot Ethereum ETF may face significant outflows, which could average $110 million per day. Meme Token Rising Star - PlayDoge BONK has had a rough year, with many small-cap tokens outperforming in recent months. Traders looking for quick and significant gains can consider new options including pre-sale tokens. One promising token is PlayDoge (PLAY), an Ethereum-based cryptocurrency that recently opened a presale and has raised $0.93 million against a target of $1.38 million. The appeal of PlayDoge is its Doge-themed Tamagotchi-style gameplay combined with a cryptocurrency earning mechanism. Players can breed, trade, and lead virtual Shiba Inu on missions to earn PLAY tokens with a total supply of 9.4 billion. The current pre-sale price is $0.00502 per token. Funding raised: $0.93 million Token supply: 9.4 billion PLAY More game details will be announced soon, and interested users can participate in the pre-sale on the PlayDoge website. There are advantages to investing early as the pre-sale price increases at each stage, potentially leading to significant gains once the game is launched and listed on an exchange. Participate in the groundbreaking PlayDoge pre-sale: https://cn.cryptonews.com/ext/playdoge-cn/ Original text: https://cn.cryptonews.com/news/bitcoin-spot-etfs-attract-another-105m-maintaining-15-consecutive-days-of-net-inflows.htm #比特幣 #btc #bitcoin #比特幣現貨ETF #playdoge
Bitcoin hits $70,000 again, Bitcoin spot ETF sees 15 consecutive days of net inflows
Bitcoin spot exchange-traded funds (ETFs) recorded net inflows of $105 million on June 3, marking the 15th consecutive day of net inflows for these ETFs.
Among Bitcoin spot ETFs, Fidelity ETF (FBTC) recorded significant inflows of $77,048,200, while Bitwise ETF (BITB) attracted $14,314,500 inflows.
In comparison, BlackRock’s iShares Bitcoin Trust reported zero inflows and outflows during the period.
Likewise, Grayscale’s Bitcoin Trust ETF (GBTC) observed net outflows of $0.00 per day.
Bitcoin hits $70,000
The continued net inflows into Bitcoin spot ETFs come as Bitcoin briefly topped the $70,000 mark on Monday, the first time it had reached such highs in a week.
However, the price fell back to its familiar trading range, continuing to move sideways.
At the time of writing, Bitcoin is trading around $69,000, up 2% in the past 24 hours.
Ethereum (ETH) remains relatively unchanged, hovering below $3,800.
Bitcoin and the overall cryptocurrency market have been in a consolidation phase for more than two months since it reached an all-time high of $73,000 in March.
Analysts at Bitfinex suggest that this correction phase appears to be coming to an end.
The selling of Bitcoin by long-term holders was a major factor in the correction from all-time highs.
However, blockchain data shows that these holders began accumulating Bitcoin again for the first time since December 2023.
Additionally, the number of new accumulation addresses for Bitcoin and Ethereum has been increasing over the past month.
Despite recent price stability, this trend indicates increasing investor bullishness. Bitfinex’s analysis cited data from CryptoQuant to support these observations.
Virtual asset products attract capital inflows
Digital asset investment products attracted $185 million in inflows last week, marking four consecutive weeks of positive investment trends.
In May, these products attracted a combined $2 billion in inflows, bringing year-to-date inflows to more than $15 billion, a record high.
Bitcoin ETFs have become one of the most successful ETF categories, with total assets reaching $58.5 billion.
The funds have experienced significant growth, benefiting from Bitcoin's fourfold increase in value since the beginning of last year.
Although Bitcoin ETFs have proven to be profitable investments, critics worry about whether the volatile digital asset is suitable for widespread adoption, even within an ETF structure.
Some countries, including Singapore and China, have imposed restrictions or outright bans on cryptocurrencies, highlighting the regulatory challenges facing these investment vehicles.
The positive momentum for cryptocurrency ETFs isn’t limited to Bitcoin.
Last week, the SEC also expressed its willingness to allow an ETF for Ethereum, the second-largest cryptocurrency by market capitalization.
On May 23, the SEC officially approved the 19b-4 applications of VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy and Bitwise to issue spot Ethereum ETFs.
Notably, several ETF issuers removed staking in the final amendments.
According to reports, analytics firm Kaiko said Grayscale’s upcoming spot Ethereum ETF may face significant outflows, which could average $110 million per day.
Meme Token Rising Star - PlayDoge
BONK has had a rough year, with many small-cap tokens outperforming in recent months. Traders looking for quick and significant gains can consider new options including pre-sale tokens.
One promising token is PlayDoge (PLAY), an Ethereum-based cryptocurrency that recently opened a presale and has raised $0.93 million against a target of $1.38 million. The appeal of PlayDoge is its Doge-themed Tamagotchi-style gameplay combined with a cryptocurrency earning mechanism. Players can breed, trade, and lead virtual Shiba Inu on missions to earn PLAY tokens with a total supply of 9.4 billion. The current pre-sale price is $0.00502 per token.
Funding raised: $0.93 million
Token supply: 9.4 billion PLAY
More game details will be announced soon, and interested users can participate in the pre-sale on the PlayDoge website. There are advantages to investing early as the pre-sale price increases at each stage, potentially leading to significant gains once the game is launched and listed on an exchange.
Participate in the groundbreaking PlayDoge pre-sale: https://cn.cryptonews.com/ext/playdoge-cn/
Original text: https://cn.cryptonews.com/news/bitcoin-spot-etfs-attract-another-105m-maintaining-15-consecutive-days-of-net-inflows.htm
#比特幣 #btc #bitcoin #比特幣現貨ETF #playdoge
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🔜Does the opportunity x100 account🚾 #playdoge The Next 100X Meme Coin? Presale Nears $3M with Promising P2E Gaming #PlayDoge (PLAY), the new meme coin project combining cute digital pets and Play-to-Earn rewards, is rapidly gaining traction as its presale nears the $3 million mark, With its unique blend of nostalgic gaming and DeFi utilities, some investors are speculating if PLAY could be the next meme coin to surge 100x Unlike typical meme coins that rely solely on hype, PlayDoge offers an immersive gaming experience where players nurture virtual Doge companions through mini-games and challenges to earn PLAY tokens, These tokens can then be staked to generate passive income with an estimated annual yield of 107% The project has already seen over 176 million PLAY tokens locked up, indicating strong interest in its staking opportunities. Additionally, PlayDoge incorporates elements like leaderboards and competition, adding depth to the gameplay loop With its retro 8-bit graphics, pixel art pets, and side-scrolling mini-games reminiscent of '90s arcades, PlayDoge taps into a nostalgic vibe that resonates with many gamers, This, combined with its actual utility, sets it apart from countless meme coins with no real use case The presale's rapid progress, raising nearly $3 million in just 10 days, showcases the excitement surrounding the project, Early investors can acquire PLAY tokens for just $0,00504 using various cryptocurrencies or fiat While a 100x gain would result in an ambitious $4,7 billion market cap based on PLAY's total supply, the meme coin space has seen stranger successes, If PlayDoge's team can deliver an engaging gaming experience, it could potentially become the next big crypto hit However, as with any investment, caution is advised, and investors should conduct thorough research and manage risks effectively, The project's ability to execute its roadmap and retain user interest will ultimately determine its long-term viability and potential for substantial gains #BTC #bitcoin #altcoins
🔜Does the opportunity x100 account🚾
#playdoge The Next 100X Meme Coin? Presale Nears $3M with Promising P2E Gaming
#PlayDoge (PLAY), the new meme coin project combining cute digital pets and Play-to-Earn rewards, is rapidly gaining traction as its presale nears the $3 million mark, With its unique blend of nostalgic gaming and DeFi utilities, some investors are speculating if PLAY could be the next meme coin to surge 100x
Unlike typical meme coins that rely solely on hype, PlayDoge offers an immersive gaming experience where players nurture virtual Doge companions through mini-games and challenges to earn PLAY tokens, These tokens can then be staked to generate passive income with an estimated annual yield of 107%
The project has already seen over 176 million PLAY tokens locked up, indicating strong interest in its staking opportunities. Additionally, PlayDoge incorporates elements like leaderboards and competition, adding depth to the gameplay loop
With its retro 8-bit graphics, pixel art pets, and side-scrolling mini-games reminiscent of '90s arcades, PlayDoge taps into a nostalgic vibe that resonates with many gamers, This, combined with its actual utility, sets it apart from countless meme coins with no real use case
The presale's rapid progress, raising nearly $3 million in just 10 days, showcases the excitement surrounding the project, Early investors can acquire PLAY tokens for just $0,00504 using various cryptocurrencies or fiat
While a 100x gain would result in an ambitious $4,7 billion market cap based on PLAY's total supply, the meme coin space has seen stranger successes, If PlayDoge's team can deliver an engaging gaming experience, it could potentially become the next big crypto hit
However, as with any investment, caution is advised, and investors should conduct thorough research and manage risks effectively, The project's ability to execute its roadmap and retain user interest will ultimately determine its long-term viability and potential for substantial gains
#BTC #bitcoin #altcoins
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Tamagotchi cryptocurrency renovation project PlayDoge launches Ethereum staking and multi-chain bridging, raising nearly $4 million in two weeksAfter raising $3.8 million in its initial coin offering (ICO) in two weeks, Play-to-Earn (P2E) meme coin PlayDoge ($PLAY) is now cross-chain, announcing Ethereum staking, in addition to support for its main chain Staking on BNB. Yesterday’s (11th) news means that PlayDoge’s $PLAY token can now be used on the Ethereum and BNB chains, and can be bridged between the two. However, the BNB chain remains the main chain and will be used in the upcoming 8-bit P2E gaming ecosystem. PlayDoge combines the iconic Doge meme (which inspired six of the top ten meme coins by market cap today) with the beloved Tamagotchi 90s Tamagotchi game to create a fun virtual gaming experience. Players earn the native token $PLAY through games.

Tamagotchi cryptocurrency renovation project PlayDoge launches Ethereum staking and multi-chain bridging, raising nearly $4 million in two weeks

After raising $3.8 million in its initial coin offering (ICO) in two weeks, Play-to-Earn (P2E) meme coin PlayDoge ($PLAY) is now cross-chain, announcing Ethereum staking, in addition to support for its main chain Staking on BNB.
Yesterday’s (11th) news means that PlayDoge’s $PLAY token can now be used on the Ethereum and BNB chains, and can be bridged between the two. However, the BNB chain remains the main chain and will be used in the upcoming 8-bit P2E gaming ecosystem.
PlayDoge combines the iconic Doge meme (which inspired six of the top ten meme coins by market cap today) with the beloved Tamagotchi 90s Tamagotchi game to create a fun virtual gaming experience. Players earn the native token $PLAY through games.
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Pepe Price Forecast: $1.3 Billion Influx Are Whales Buying the Dip?Despite the price drop, the coin still attracted considerable attention in the cryptocurrency space, especially in 2023, when its trading volume exceeded that of many altcoins. This strong performance propelled Pepe into the top ten cryptocurrencies in both weekly and monthly trading activity reviews. Currently, the price of Pepe is $0.000013, with a 24-hour trading volume of $1,966,755,000, having dropped nearly 10% in the past 24 hours. Ranked 22nd by market capitalization, with a real-time market capitalization of $5,521,137,693, attention now turns to factors affecting its price, including speculation on whether the whales are buying on dips.

Pepe Price Forecast: $1.3 Billion Influx Are Whales Buying the Dip?

Despite the price drop, the coin still attracted considerable attention in the cryptocurrency space, especially in 2023, when its trading volume exceeded that of many altcoins.
This strong performance propelled Pepe into the top ten cryptocurrencies in both weekly and monthly trading activity reviews.
Currently, the price of Pepe is $0.000013, with a 24-hour trading volume of $1,966,755,000, having dropped nearly 10% in the past 24 hours.
Ranked 22nd by market capitalization, with a real-time market capitalization of $5,521,137,693, attention now turns to factors affecting its price, including speculation on whether the whales are buying on dips.
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New Dogecoin PlayDoge with P2E elements raises US$5 million in hot pre-salePlayDoge ($PLAY), a play-and-earn (P2E) meme coin, got off to a fast start, surpassing the $5 million milestone in pre-sales. The fundraising effort was launched at the end of May, raising $200,000 in just a few minutes, and has now grown 25x, making it clear that PlayDoge has the potential to become the next top meme coin. The surge in investor attention could push PlayDoge to rival the likes of Floki ($FLOKI), and possibly even surpass it. What makes PlayDoge unique is that it combines two very popular themes: meme coins and games, specifically those from the 90s. It allows users to own a virtual Shiba Inu, play with it, care for it like a Tamagotchi, and receive its native token $PLAY as a reward.

New Dogecoin PlayDoge with P2E elements raises US$5 million in hot pre-sale

PlayDoge ($PLAY), a play-and-earn (P2E) meme coin, got off to a fast start, surpassing the $5 million milestone in pre-sales.
The fundraising effort was launched at the end of May, raising $200,000 in just a few minutes, and has now grown 25x, making it clear that PlayDoge has the potential to become the next top meme coin.
The surge in investor attention could push PlayDoge to rival the likes of Floki ($FLOKI), and possibly even surpass it.
What makes PlayDoge unique is that it combines two very popular themes: meme coins and games, specifically those from the 90s. It allows users to own a virtual Shiba Inu, play with it, care for it like a Tamagotchi, and receive its native token $PLAY as a reward.
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Dogecoin price prediction: DOGE drops 10%, low-level buying opportunity?Dogecoin price has fallen by 2% in the past 24 hours, and the meme coin’s drop to $0.1416 also marks a significant 10% drop in a week. Dogecoin’s slide today comes amid a 2.5% decline across the cryptocurrency market, after Bitcoin fell to just over $67,000 overnight. Although Dogecoin has also fallen by 14% in the past two weeks, the coin has maintained a healthy rise over the past year, rising by 125%. This long-term momentum should help it recover soon, and its discounted price will likely attract new buyers soon.

Dogecoin price prediction: DOGE drops 10%, low-level buying opportunity?

Dogecoin price has fallen by 2% in the past 24 hours, and the meme coin’s drop to $0.1416 also marks a significant 10% drop in a week.
Dogecoin’s slide today comes amid a 2.5% decline across the cryptocurrency market, after Bitcoin fell to just over $67,000 overnight.
Although Dogecoin has also fallen by 14% in the past two weeks, the coin has maintained a healthy rise over the past year, rising by 125%.
This long-term momentum should help it recover soon, and its discounted price will likely attract new buyers soon.
🚨🚨Does the opportunity x100 account🚀🚀 #playdoge The Next 100X Meme Coin? Presale Nears $3M with Promising P2E Gaming #PlayDoge (PLAY), the new meme coin project combining cute digital pets and Play-to-Earn rewards, is rapidly gaining traction as its presale nears the $3 million mark, With its unique blend of nostalgic gaming and DeFi utilities, some investors are speculating if PLAY could be the next meme coin to surge 100x Unlike typical meme coins that rely solely on hype, PlayDoge offers an immersive gaming experience where players nurture virtual Doge companions through mini-games and challenges to earn PLAY tokens, These tokens can then be staked to generate passive income with an estimated annual yield of 107% The project has already seen over 176 million PLAY tokens locked up, indicating strong interest in its staking opportunities. Additionally, PlayDoge incorporates elements like leaderboards and competition, adding depth to the gameplay loop With its retro 8-bit graphics, pixel art pets, and side-scrolling mini-games reminiscent of '90s arcades, PlayDoge taps into a nostalgic vibe that resonates with many gamers, This, combined with its actual utility, sets it apart from countless meme coins with no real use case The presale's rapid progress, raising nearly $3 million in just 10 days, showcases the excitement surrounding the project, Early investors can acquire PLAY tokens for just $0,00504 using various cryptocurrencies or fiat While a 100x gain would result in an ambitious $4,7 billion market cap based on PLAY's total supply, the meme coin space has seen stranger successes, If PlayDoge's team can deliver an engaging gaming experience, it could potentially become the next big crypto hit However, as with any investment, caution is advised, and investors should conduct thorough research and manage risks effectively, The project's ability to execute its roadmap and retain user interest will ultimately determine its long-term viability and potential for substantial gains
🚨🚨Does the opportunity x100 account🚀🚀

#playdoge The Next 100X Meme Coin? Presale Nears $3M with Promising P2E Gaming

#PlayDoge (PLAY), the new meme coin project combining cute digital pets and Play-to-Earn rewards, is rapidly gaining traction as its presale nears the $3 million mark, With its unique blend of nostalgic gaming and DeFi utilities, some investors are speculating if PLAY could be the next meme coin to surge 100x

Unlike typical meme coins that rely solely on hype, PlayDoge offers an immersive gaming experience where players nurture virtual Doge companions through mini-games and challenges to earn PLAY tokens, These tokens can then be staked to generate passive income with an estimated annual yield of 107%

The project has already seen over 176 million PLAY tokens locked up, indicating strong interest in its staking opportunities. Additionally, PlayDoge incorporates elements like leaderboards and competition, adding depth to the gameplay loop

With its retro 8-bit graphics, pixel art pets, and side-scrolling mini-games reminiscent of '90s arcades, PlayDoge taps into a nostalgic vibe that resonates with many gamers, This, combined with its actual utility, sets it apart from countless meme coins with no real use case

The presale's rapid progress, raising nearly $3 million in just 10 days, showcases the excitement surrounding the project, Early investors can acquire PLAY tokens for just $0,00504 using various cryptocurrencies or fiat

While a 100x gain would result in an ambitious $4,7 billion market cap based on PLAY's total supply, the meme coin space has seen stranger successes, If PlayDoge's team can deliver an engaging gaming experience, it could potentially become the next big crypto hit

However, as with any investment, caution is advised, and investors should conduct thorough research and manage risks effectively, The project's ability to execute its roadmap and retain user interest will ultimately determine its long-term viability and potential for substantial gains
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#Meme #DOGE #playdoge #memecoin #Tokenization PlayDoge, the remake of Tamagotchi, becomes multichain, announces staking on Ethereum and raises over 4 million dollarsJust two weeks after the start of an ICO that has already raised over $4 million, the meme coin PlayDoge ($PLAY), a play-to-earn (P2E) game, has expanded across multiple chains, announcing staking on Ethereum in addition to the staking already available on its original BNB chain. PlayDoge's $PLAY token is therefore now present on both Ethereum and BNB Chain, with the possibility of interchange between the two blockchains. However, BNB Chain remains the main chain as it will be used in the ecosystem of the next 8-bit P2E game. PlayDoge merges the iconic Doge meme, which inspired six of the ten largest meme coins by market capitalization, with the popular 1990s game Tamagotchi, creating a fun virtual experience where players earn the game's native token, $PLAY. For those who want to get a head start before the game launches, there's a pre-sale going on. Currently, investors can purchase the tokens at a low price of just $0.00506 per PLAY. Once the game launches and $PLAY is available on the open market, its growth potential could soar.
#Meme #DOGE #playdoge #memecoin #Tokenization PlayDoge, the remake of Tamagotchi, becomes multichain, announces staking on Ethereum and raises over 4 million dollarsJust two weeks after the start of an ICO that has already raised over $4 million, the meme coin PlayDoge ($PLAY), a play-to-earn (P2E) game, has expanded across multiple chains, announcing staking on Ethereum in addition to the staking already available on its original BNB chain.

PlayDoge's $PLAY token is therefore now present on both Ethereum and BNB Chain, with the possibility of interchange between the two blockchains. However, BNB Chain remains the main chain as it will be used in the ecosystem of the next 8-bit P2E game.

PlayDoge merges the iconic Doge meme, which inspired six of the ten largest meme coins by market capitalization, with the popular 1990s game Tamagotchi, creating a fun virtual experience where players earn the game's native token, $PLAY.

For those who want to get a head start before the game launches, there's a pre-sale going on. Currently, investors can purchase the tokens at a low price of just $0.00506 per PLAY.

Once the game launches and $PLAY is available on the open market, its growth potential could soar.
Potential adorable dog coins are expected to go public in 2024 🥳🥳🙉🙉💢💢💯💯 PlayDoge ($PLAY): PlayDoge's presale just started on May 28 but has already attracted the attention of many pre-meme investors. It raised 270 thousand USD in just the first 24 hours, currently more than 500,000 thousand USD, PLAY tokens are currently being sold for 0.005$ 1 token.. #StartInvestingInCrypto #dogeverse #playdoge #cosmo #smog Dogeverse: Using cutting-edge bridge technology, $DOGEVERSE will become a multi-chain token in just a few clicks, with extremely competitive gas fees. Cosmo: Creating a new advanced multi-chain Doge culture! $DOGE $SHIB $WIF Smog: Coin is coming to Binance with stake-to-mine feature, easy Bitcoin mining for everyone.
Potential adorable dog coins are expected to go public in 2024
🥳🥳🙉🙉💢💢💯💯

PlayDoge ($PLAY): PlayDoge's presale just started on May 28 but has already attracted the attention of many pre-meme investors. It raised 270 thousand USD in just the first 24 hours, currently more than 500,000 thousand USD, PLAY tokens are currently being sold for 0.005$ 1 token..
#StartInvestingInCrypto #dogeverse #playdoge #cosmo #smog
Dogeverse: Using cutting-edge bridge technology, $DOGEVERSE will become a multi-chain token in just a few clicks, with extremely competitive gas fees.

Cosmo: Creating a new advanced multi-chain Doge culture!
$DOGE $SHIB $WIF
Smog: Coin is coming to Binance with stake-to-mine feature, easy Bitcoin mining for everyone.
PlayDoge has quickly gained significant market attention, raising $1.3 million just one week after its presale launch. This impressive early-stage success highlights the project's strong appeal and growth potential within the memecoin and gaming sectors. The memecoin market sees new opportunities daily, yet PlayDoge has managed to distinguish itself. By leveraging the popular doge-esque charm that has driven many memecoins to fame, PlayDoge has attracted a substantial amount of interest and investment. However, PlayDoge offers more than just another memecoin; it integrates Play-to-Earn (P2E) functionality, tapping into a broader market. This P2E aspect not only enhances its appeal but also sets it apart by providing tangible utility. This unique combination of memecoin appeal and gaming utility positions PlayDoge for continued success and growth. As it builds on its initial momentum, PlayDoge is well-poised to capitalize on the current market's enthusiasm, paving the way for further development and expansion. #MemeWatch2024 #dogecoin #playdoge #altcoins #BinanceLaunchpool
PlayDoge has quickly gained significant market attention, raising $1.3 million just one week after its presale launch. This impressive early-stage success highlights the project's strong appeal and growth potential within the memecoin and gaming sectors.

The memecoin market sees new opportunities daily, yet PlayDoge has managed to distinguish itself. By leveraging the popular doge-esque charm that has driven many memecoins to fame, PlayDoge has attracted a substantial amount of interest and investment.

However, PlayDoge offers more than just another memecoin; it integrates Play-to-Earn (P2E) functionality, tapping into a broader market. This P2E aspect not only enhances its appeal but also sets it apart by providing tangible utility. This unique combination of memecoin appeal and gaming utility positions PlayDoge for continued success and growth. As it builds on its initial momentum, PlayDoge is well-poised to capitalize on the current market's enthusiasm, paving the way for further development and expansion. #MemeWatch2024 #dogecoin #playdoge #altcoins #BinanceLaunchpool
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Ripple CEO sees SOL ETF as “imperative” – will SOL hit $1,000 this year? Ripple CEO Brad Garlinghouse recently predicted that a Solana ETF is inevitable after the SEC approved Bitcoin and Ethereum ETFs. At Consensus 2024, Garlinghouse highlighted the potential of the Solana ETF, noting the importance of regulatory clarity to the growth of digital assets in the United States. This optimism, coupled with predictions of a $5 trillion crypto market, has fueled interest in Solana price predictions. Investors are now speculating whether SOL will reach $1,000 this year. Ripple CEO sees Solana ETF as “imperative” Ripple CEO Brad Garlinghouse said at the Consensus 2024 conference that the emergence of the Solana (SOL) ETF is inevitable after the SEC approved Bitcoin and Ethereum ETFs. He said: Garlinghouse also expressed optimism about the crypto market reaching a $5 trillion valuation due to recent ETF approvals. He believes that various crypto projects can coexist, each focusing on different aspects of decentralized finance and digital assets. Key points: -Ripple CEO predicts Solana ETF is inevitable -Regulatory clarity is critical for growth -Crypto market potential reaches US$5 trillion Crypto ETFs allow investors to gain exposure to digital assets without directly holding them, which is significant for institutional investors. The rise of ETFs could drive Solana's price, which could reach $1,000 this year. Solana Price Approaches $166 Amid Solana ETF Talks Solana is currently trading at $166.09 on the 4-hour chart. The pivot point marked by the green line is at $167.89. Near-term resistance levels are $172.50, $176.00, and $180.50, while near-term support levels are $163.50, $160.50, and $156.80. On the 4-hour time frame, Solana is consolidating within a range, forming a symmetrical triangle pattern between $168 and $163. This pattern suggests hesitancy among investors. Solana Price Prediction A break above $168 could push Solana towards $173 and $180, while a break below $163 could lead to a drop to $156 and possibly even $150. The RSI is at 47, indicating a neutral trend. The 50-day EMA is at $167.61, acting as resistance. In summary, keep an eye on the $167.89 pivot point. A break above this point could signal underlying bullish momentum, while a break below $163 could signal further declines. in conclusion Overall, Solana's price forecast remains bullish in the long term in anticipation of the launch of the SOL ETF. With regulatory clarity and growing interest from institutional investors, Solana could realize significant gains, possibly reaching $1,000 by the end of next year. Alternative Internet popular coins with massive gains Traders looking for quick, significant gains may consider new alternatives, including tokens in pre-sales. One of the promising tokens is PlayDoge (PLAY), an Ethereum-based cryptocurrency that recently launched a presale with a goal of raising $930,000 of the $1.38 million raised. PlayDoge’s appeal lies in its Doge-themed virtual pet-raising game with a cryptocurrency-enabled play-to-earn mechanism. Players can breed, trade and take their virtual Shiba Inu on missions by earning PLAY tokens, with a maximum supply of 9.4 billion. The current pre-sale price is $0.00501 per token. Current status: $930,000 raised Token supply: 9.4 billion PLAY More game details will be announced soon, but those interested can participate in the pre-sale on the PlayDoge website. Investing early is advantageous as the pre-sale price increases with each stage, potentially leading to significant gains once the game is launched and listed on exchanges. Visit PlayDoge now: https://cn.cryptonews.com/ext/playdoge-cn/ Original text: https://cn.cryptonews.com/news/solana-price-prediction-as-ripple-ceo-sees-sol-etfs-as-inevitable-will-sol-reach-1000-this-year.htm #XRP #Ripple #迷因幣 #playdoge #SOL
Ripple CEO sees SOL ETF as “imperative” – will SOL hit $1,000 this year?
Ripple CEO Brad Garlinghouse recently predicted that a Solana ETF is inevitable after the SEC approved Bitcoin and Ethereum ETFs.
At Consensus 2024, Garlinghouse highlighted the potential of the Solana ETF, noting the importance of regulatory clarity to the growth of digital assets in the United States.
This optimism, coupled with predictions of a $5 trillion crypto market, has fueled interest in Solana price predictions. Investors are now speculating whether SOL will reach $1,000 this year.
Ripple CEO sees Solana ETF as “imperative”
Ripple CEO Brad Garlinghouse said at the Consensus 2024 conference that the emergence of the Solana (SOL) ETF is inevitable after the SEC approved Bitcoin and Ethereum ETFs. He said:
Garlinghouse also expressed optimism about the crypto market reaching a $5 trillion valuation due to recent ETF approvals. He believes that various crypto projects can coexist, each focusing on different aspects of decentralized finance and digital assets.
Key points:
-Ripple CEO predicts Solana ETF is inevitable
-Regulatory clarity is critical for growth
-Crypto market potential reaches US$5 trillion
Crypto ETFs allow investors to gain exposure to digital assets without directly holding them, which is significant for institutional investors. The rise of ETFs could drive Solana's price, which could reach $1,000 this year.
Solana Price Approaches $166 Amid Solana ETF Talks
Solana is currently trading at $166.09 on the 4-hour chart. The pivot point marked by the green line is at $167.89. Near-term resistance levels are $172.50, $176.00, and $180.50, while near-term support levels are $163.50, $160.50, and $156.80.
On the 4-hour time frame, Solana is consolidating within a range, forming a symmetrical triangle pattern between $168 and $163. This pattern suggests hesitancy among investors.
Solana Price Prediction
A break above $168 could push Solana towards $173 and $180, while a break below $163 could lead to a drop to $156 and possibly even $150.
The RSI is at 47, indicating a neutral trend. The 50-day EMA is at $167.61, acting as resistance.
In summary, keep an eye on the $167.89 pivot point. A break above this point could signal underlying bullish momentum, while a break below $163 could signal further declines.
in conclusion
Overall, Solana's price forecast remains bullish in the long term in anticipation of the launch of the SOL ETF. With regulatory clarity and growing interest from institutional investors, Solana could realize significant gains, possibly reaching $1,000 by the end of next year.
Alternative Internet popular coins with massive gains
Traders looking for quick, significant gains may consider new alternatives, including tokens in pre-sales. One of the promising tokens is PlayDoge (PLAY), an Ethereum-based cryptocurrency that recently launched a presale with a goal of raising $930,000 of the $1.38 million raised.
PlayDoge’s appeal lies in its Doge-themed virtual pet-raising game with a cryptocurrency-enabled play-to-earn mechanism. Players can breed, trade and take their virtual Shiba Inu on missions by earning PLAY tokens, with a maximum supply of 9.4 billion. The current pre-sale price is $0.00501 per token.
Current status: $930,000 raised
Token supply: 9.4 billion PLAY
More game details will be announced soon, but those interested can participate in the pre-sale on the PlayDoge website. Investing early is advantageous as the pre-sale price increases with each stage, potentially leading to significant gains once the game is launched and listed on exchanges.
Visit PlayDoge now: https://cn.cryptonews.com/ext/playdoge-cn/
Original text: https://cn.cryptonews.com/news/solana-price-prediction-as-ripple-ceo-sees-sol-etfs-as-inevitable-will-sol-reach-1000-this-year.htm
#XRP #Ripple #迷因幣 #playdoge #SOL
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Shiba Inu Coin Price Prediction: Investors Turn $2,625 into $1.1 Million Is Another Major Rally About to Begin? SHIB has recovered after a small decline this morning, with the Shiba Inu coin price once again reaching $0.00002546, down slightly by 0.1% in 24 hours. The meme coin is down 0.4% over the week, but is up 8% over two weeks and 3% over a month. These increases are small, but SHIB actually rose 188% in one year. Yesterday’s data also showed that a giant whale earned 419 times its income through SHIB in three years. This highlights that SHIB continues to generate huge benefits for traders and is likely to continue to do so for some time to come. Shiba Inu Coin Price Prediction: Investors Turn $2,625 into $1.1 Million – Another Major Rally Is About to Begin? Today may mark the beginning of SHIB’s short-term rally, as the coin’s indicators are showing some energy and urgency. Its Relative Strength Index (purple) has risen above 50 in the past few hours and is heading towards 60, providing room for further price gains. Shiba Inu price chart. Source: TradingView After climbing above the 200-day EMA (blue) yesterday, the 30-day EMA (orange) is rising again after a brief pullback, suggesting that the coin has at least a few more days of gains ahead. Encouragingly, SHIB’s 24-hour trading volume has doubled today, likely due to the market interest sparked by news that a whale made a 419x profit by holding about 4.8 billion SHIB for about three and a half years. Gains like this show that, with enough patience and timing, SHIB could be one of the best vehicles on the market for substantial returns. SHIB is likely to witness larger price gains once the overall market picks up, which could happen next month following the launch of the recently approved Ethereum ETF. The price of Shiba Inu Coin is likely to rise along with the overall market, while the coin itself may also benefit from its own fundamentals. Last month, for example, news emerged that developers were building a privacy-focused three-layer network for the coin that would increase its utility. Combined with the existing Shibarium network and the overall Shiba Inu ecosystem, this launch should help Shiba Inu Coin prices rise in the long term. It could hit $0.000030 in the next month or so, and then $0 before the end of the year.000060. New meme token leads to new market-beating rally Since SHIB has underperformed in recent months, some traders may become frustrated and consider looking for more promising alternatives. There are a variety of new meme tokens on the market right now, and while some of them are undoubtedly lower quality, some offer interesting fundamentals. One of the newest and most interesting of these is PlayDoge (PLAY), an Ethereum-based cryptocurrency that will serve as the native token for its own “play and earn” pet game. It just launched a pre-sale, and despite only opening yesterday, it has already raised over $200,000. This is a very promising early sign, and the PlayDoge game itself is probably the biggest indicator that PLAY will have a strong launch and long-term growth. PlayDoge works similarly to Tamagotchi, the famous electronic pet from the late 1990s, allowing users to breed and care for their own Shiba Inu dogs. They can also take their virtual pets on side-scrolling adventures and missions, earning rewards in the form of PLAY. As a token, PLAY has a maximum supply of 9.4 billion, of which 30% is used for pre-sale, 20% is used for community rewards, 6% is used for staking, 11.5% is used for liquidity, and 32.5% is used for marketing and Project funding. Its fixed supply makes it a potentially deflationary memecoin, while the token’s staking functionality should remove large amounts of supply from circulation. When combined with the demand generated by being the native token of a potentially popular “play and earn” game, PLAY could soar quickly upon listing. Investors can participate in the sale on its official website, and the price of 1 PLAY is $0.00451. Visit PlayDoge official website: https://cn.cryptonews.com/ext/playdoge-cn/ Original text: https://cn.cryptonews.com/news/shiba-inu-price-prediction-as-investor-turns-2625-into-1-1-million-another-major-rally-starting.htm #柴犬幣 #SHIB #playdoge #迷因幣
Shiba Inu Coin Price Prediction: Investors Turn $2,625 into $1.1 Million Is Another Major Rally About to Begin?
SHIB has recovered after a small decline this morning, with the Shiba Inu coin price once again reaching $0.00002546, down slightly by 0.1% in 24 hours.
The meme coin is down 0.4% over the week, but is up 8% over two weeks and 3% over a month.
These increases are small, but SHIB actually rose 188% in one year. Yesterday’s data also showed that a giant whale earned 419 times its income through SHIB in three years.
This highlights that SHIB continues to generate huge benefits for traders and is likely to continue to do so for some time to come.
Shiba Inu Coin Price Prediction: Investors Turn $2,625 into $1.1 Million – Another Major Rally Is About to Begin?
Today may mark the beginning of SHIB’s short-term rally, as the coin’s indicators are showing some energy and urgency.
Its Relative Strength Index (purple) has risen above 50 in the past few hours and is heading towards 60, providing room for further price gains.
Shiba Inu price chart.
Source: TradingView
After climbing above the 200-day EMA (blue) yesterday, the 30-day EMA (orange) is rising again after a brief pullback, suggesting that the coin has at least a few more days of gains ahead.
Encouragingly, SHIB’s 24-hour trading volume has doubled today, likely due to the market interest sparked by news that a whale made a 419x profit by holding about 4.8 billion SHIB for about three and a half years.
Gains like this show that, with enough patience and timing, SHIB could be one of the best vehicles on the market for substantial returns.
SHIB is likely to witness larger price gains once the overall market picks up, which could happen next month following the launch of the recently approved Ethereum ETF.
The price of Shiba Inu Coin is likely to rise along with the overall market, while the coin itself may also benefit from its own fundamentals.
Last month, for example, news emerged that developers were building a privacy-focused three-layer network for the coin that would increase its utility.
Combined with the existing Shibarium network and the overall Shiba Inu ecosystem, this launch should help Shiba Inu Coin prices rise in the long term.
It could hit $0.000030 in the next month or so, and then $0 before the end of the year.000060.
New meme token leads to new market-beating rally
Since SHIB has underperformed in recent months, some traders may become frustrated and consider looking for more promising alternatives.
There are a variety of new meme tokens on the market right now, and while some of them are undoubtedly lower quality, some offer interesting fundamentals.
One of the newest and most interesting of these is PlayDoge (PLAY), an Ethereum-based cryptocurrency that will serve as the native token for its own “play and earn” pet game.
It just launched a pre-sale, and despite only opening yesterday, it has already raised over $200,000.
This is a very promising early sign, and the PlayDoge game itself is probably the biggest indicator that PLAY will have a strong launch and long-term growth.
PlayDoge works similarly to Tamagotchi, the famous electronic pet from the late 1990s, allowing users to breed and care for their own Shiba Inu dogs.
They can also take their virtual pets on side-scrolling adventures and missions, earning rewards in the form of PLAY.
As a token, PLAY has a maximum supply of 9.4 billion, of which 30% is used for pre-sale, 20% is used for community rewards, 6% is used for staking, 11.5% is used for liquidity, and 32.5% is used for marketing and Project funding.
Its fixed supply makes it a potentially deflationary memecoin, while the token’s staking functionality should remove large amounts of supply from circulation.
When combined with the demand generated by being the native token of a potentially popular “play and earn” game, PLAY could soar quickly upon listing.
Investors can participate in the sale on its official website, and the price of 1 PLAY is $0.00451.
Visit PlayDoge official website: https://cn.cryptonews.com/ext/playdoge-cn/
Original text: https://cn.cryptonews.com/news/shiba-inu-price-prediction-as-investor-turns-2625-into-1-1-million-another-major-rally-starting.htm
#柴犬幣 #SHIB #playdoge #迷因幣
Emerging Cryptocurrency Projects Innovative Solutions Several new cryptocurrency projects have launched, offering innovative solutions across various sectors: PlayDoge ($PLAY): A play-to-earn meme coin transforming the Doge meme into a virtual pet experience. Mega Dice Token ($DICE): A unique GambleFi token offering daily rewards based on the performance of Mega Dice Casino. eTukTuk: A sustainable transportation project featuring a play-to-earn racing game​ #EmergingProjects #playdoge #MegaDiceToken #eTukTuk #CryptoInnovation
Emerging Cryptocurrency Projects

Innovative Solutions

Several new cryptocurrency projects have launched, offering innovative solutions across various sectors:

PlayDoge ($PLAY): A play-to-earn meme coin transforming the Doge meme into a virtual pet experience.

Mega Dice Token ($DICE): A unique GambleFi token offering daily rewards based on the performance of Mega Dice Casino.

eTukTuk: A sustainable transportation project featuring a play-to-earn racing game​

#EmergingProjects #playdoge #MegaDiceToken #eTukTuk #CryptoInnovation
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BONK Price Forecast Open Interest Decreases by $8 Million – Can BONK Usher in a Rally? BONK’s recent price decline has led to a significant drop in investor confidence, which is reflected in the asset’s open interest (OI). OI fell from $24 million to $16 million, recovering slightly to $17.27 million. While positive funding rates favor long contracts, the sharp decrease in OI points to bearish market sentiment. If this decline in investor confidence persists, it could lead to further price declines. Current price analysis places BONK at $0.00003323, with technical indicators pointing towards potential key support and resistance levels. BONK investor confidence declines, open interest decreases BONK’s price decline has impacted investor confidence, which is reflected in the asset’s open interest (OI). On Saturday, OI dropped $8 million from $24 million to $16 million. However, it recovered slightly on Sunday, rising to $17.27 million, reflecting a 0.09% increase. BONK Derivatives Data Analysis BONK Derivatives Data Analysis While funding rates remain positive, indicating the dominance of long contracts, the sharp decline in OI points to bearish sentiment for BONK. If investor confidence does not improve, a decline in OI could lead to further price declines. Key takeaways: Open interest: down $8 million in 48 hours. Current Open Interest: Increased from $16 million to $17.27 million. Funding rate: still positive, good for long contracts. What is Open Interest (OI) and what does it mean? Open interest (OI) refers to the total number of unsettled derivatives contracts, such as futures or options, and provides insight into an asset’s trading activity and liquidity. A higher OI indicates higher market participation and interest, while a lower OI indicates lower interest. In the case of BONK, OI fell from $24 million to $16 million, although it recovered slightly to $17.27 million, indicating a decline in investor confidence, which could have a negative impact on its price. Bonk Price Prediction On the 4-hour chart, BONK’s current price is $0.00003323. The pivot point marked by the green line is $0.00003536. Spot resistance is at $0.00003802, $0.00004013, and $0.00004261, while spot support is at $0.00003240, followed by $0.00003014 and $0.00002787. Bonk Price Prediction Bonk Price Prediction – Source: Tradingview technical analysis Technically, the relative strength index (RSI) is at 39.79, indicating oversold conditions, and the 50-day exponential moving average (50 EMA) is at $0.00003482. An ascending trendline supports BONK near $0.00003240, further reinforced by a double bottom pattern. This suggests that the uptrend may continue if the price remains above $0.00003240. Conclusion: Consider buying BONK above $0.00003240, while a break below this level could signal a sell signal. Meme Token Rising Star - PlayDoge BONK has had a rough year, with many small-cap tokens outperforming in recent months. Traders looking for quick and significant gains can consider new options including pre-sale tokens. One promising token is PlayDoge (PLAY), an Ethereum-based cryptocurrency that recently opened a presale and has raised $0.93 million against a target of $1.38 million. The appeal of PlayDoge is its Doge-themed Tamagotchi-style gameplay combined with a cryptocurrency earning mechanism. Players can breed, trade, and lead virtual Shiba Inu on missions to earn PLAY tokens with a total supply of 9.4 billion. The current pre-sale price is $0.00501 per token. Funding raised: $0.93 million Token supply: 9.4 billion PLAY More game details will be announced soon, and interested users can participate in the pre-sale on the PlayDoge website. There are advantages to investing early as the pre-sale price increases at each stage, potentially leading to significant gains once the game is launched and listed on an exchange. Participate in the groundbreaking PlayDoge pre-sale: https://cn.cryptonews.com/ext/playdoge-cn/ Original text: https://cn.cryptonews.com/news/bonk-price-prediction-as-open-interest-falls-by-8-million-will-bonk-recover.htm #BONK #迷因幣 #memecoin🚀🚀🚀 #playdoge
BONK Price Forecast Open Interest Decreases by $8 Million – Can BONK Usher in a Rally?
BONK’s recent price decline has led to a significant drop in investor confidence, which is reflected in the asset’s open interest (OI). OI fell from $24 million to $16 million, recovering slightly to $17.27 million.
While positive funding rates favor long contracts, the sharp decrease in OI points to bearish market sentiment. If this decline in investor confidence persists, it could lead to further price declines.
Current price analysis places BONK at $0.00003323, with technical indicators pointing towards potential key support and resistance levels.
BONK investor confidence declines, open interest decreases
BONK’s price decline has impacted investor confidence, which is reflected in the asset’s open interest (OI). On Saturday, OI dropped $8 million from $24 million to $16 million.
However, it recovered slightly on Sunday, rising to $17.27 million, reflecting a 0.09% increase.
BONK Derivatives Data Analysis
BONK Derivatives Data Analysis
While funding rates remain positive, indicating the dominance of long contracts, the sharp decline in OI points to bearish sentiment for BONK.
If investor confidence does not improve, a decline in OI could lead to further price declines.
Key takeaways:
Open interest: down $8 million in 48 hours.
Current Open Interest: Increased from $16 million to $17.27 million.
Funding rate: still positive, good for long contracts.
What is Open Interest (OI) and what does it mean?
Open interest (OI) refers to the total number of unsettled derivatives contracts, such as futures or options, and provides insight into an asset’s trading activity and liquidity.
A higher OI indicates higher market participation and interest, while a lower OI indicates lower interest.
In the case of BONK, OI fell from $24 million to $16 million, although it recovered slightly to $17.27 million, indicating a decline in investor confidence, which could have a negative impact on its price.
Bonk Price Prediction
On the 4-hour chart, BONK’s current price is $0.00003323. The pivot point marked by the green line is $0.00003536.
Spot resistance is at $0.00003802, $0.00004013, and $0.00004261, while spot support is at $0.00003240, followed by $0.00003014 and $0.00002787.
Bonk Price Prediction
Bonk Price Prediction – Source: Tradingview
technical analysis
Technically, the relative strength index (RSI) is at 39.79, indicating oversold conditions, and the 50-day exponential moving average (50 EMA) is at $0.00003482.
An ascending trendline supports BONK near $0.00003240, further reinforced by a double bottom pattern. This suggests that the uptrend may continue if the price remains above $0.00003240.
Conclusion: Consider buying BONK above $0.00003240, while a break below this level could signal a sell signal.
Meme Token Rising Star - PlayDoge
BONK has had a rough year, with many small-cap tokens outperforming in recent months. Traders looking for quick and significant gains can consider new options including pre-sale tokens.
One promising token is PlayDoge (PLAY), an Ethereum-based cryptocurrency that recently opened a presale and has raised $0.93 million against a target of $1.38 million. The appeal of PlayDoge is its Doge-themed Tamagotchi-style gameplay combined with a cryptocurrency earning mechanism. Players can breed, trade, and lead virtual Shiba Inu on missions to earn PLAY tokens with a total supply of 9.4 billion. The current pre-sale price is $0.00501 per token.
Funding raised: $0.93 million
Token supply: 9.4 billion PLAY
More game details will be announced soon, and interested users can participate in the pre-sale on the PlayDoge website. There are advantages to investing early as the pre-sale price increases at each stage, potentially leading to significant gains once the game is launched and listed on an exchange.
Participate in the groundbreaking PlayDoge pre-sale: https://cn.cryptonews.com/ext/playdoge-cn/
Original text: https://cn.cryptonews.com/news/bonk-price-prediction-as-open-interest-falls-by-8-million-will-bonk-recover.htm
#BONK #迷因幣 #memecoin🚀🚀🚀 #playdoge
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Dogecoin Price Prediction: As DOGE approaches XRP’s position in the currency rankings, can DOGE reach $10? Dogecoin price has dropped 2.5% in the past 24 hours to $0.1579, while the overall crypto market remains stable. DOGE is now down 3.5% for the week and 2% for the month, but the meme coin is still up 115% over the past year. This development brings Dogecoin close to Ripple’s XRP in the market capitalization rankings, with the meme coin now just $6 billion away from surpassing XRP, which has stalled this year as Ripple awaits a final settlement with the SEC. With the overall market becoming more bullish and interest in meme coins growing, Dogecoin price is sure to see new gains in the near future. DOGE is approaching XRP’s position in the coin rankings – can DOGE reach $10? Today’s decline in DOGE means the coin has entered more oversold territory, which is an opportunity to buy low before rebounding. Its Relative Strength Index (purple) dropped from nearly 70 yesterday to 40 today, while it has room to fall further before correcting. Dogecoin price chart. Source: TradingView Looking at DOGE’s 30-day EMA (orange), it appears that the coin has experienced a long enough downturn and should be ready for a surge soon, as the 30-day EMA has been lower for much of the past week. at the 200-day moving average (blue). Encouragingly, this altcoin’s resistance (red) and support (green) levels are gradually trending closer to each other, approaching a tipping point that often results in large moves. Combined with the current low trading volume, a massive buy from whales could send the Dogecoin price skyrocketing. It appears that a significant number of traders still believe that DOGE has strong potential, at least based on previous history and overall market movements. Yesterday prominent GameStop trader Keith Gill (AKA Roaring Bunny) revealed that he accumulated a position worth $180 million in the retailer's stock. Not only does this increase bullish sentiment towards GameStop, it may also extend to overall demand for meme coins such as Dogecoin. Furthermore, the coming months are likely to bring overall positive sentiment, given that inflation appears to be easing in several regions, including the UK and EU. This is expected to lead to lower interest rates, which in turn will increase investor demand. As a result, Dogecoin price could benefit and is expected to reach $0.2 by the end of summer and $0.4 by the end of 2024. Other high potential meme coins Dogecoin is also waiting for the possibility of introducing DOGE payments on the X platform, although this may still take a long time and may never happen. Therefore, traders looking for big gains may be more inclined to invest in new meme coins with greater short-term potential, and there are currently several pre-sale coins that look very promising. For example, PlayDoge (PLAY) is an Ethereum-based cryptocurrency that has raised over $1.5 million in its sale. This number is very impressive as PlayDoge launched its product only last week, quickly attracting investors due to its token economics and fundamentals. On the fundamentals side, PlayDoge will launch a dog-themed and Tamagotchi-style earn-as-you-play game that will reward players for breeding, trading, and completing tasks with their own virtual dog. Given the past success of big games like Tamagotchi and more recently CryptoKitties, PlayDoge has the potential to become very popular. Also bullish is the fact that PLAY will be a deflationary meme coin with a maximum supply of 9.4 billion. Given that holders can stake the coin, a tight supply could soon arise, pushing its price higher. Investors can visit PlayDoge’s official website to participate in its sale, with 1 PLAY token selling for $0.00502. Since the coin’s pre-sale has been a huge success, we may see its price skyrocket after its launch in the next month or so. Visit PlayDoge now: https://cn.cryptonews.com/ext/playdoge-cn/ Original text: https://cn.cryptonews.com/news/dogecoin-price-prediction-as-doge-approaches-ripples-xrp-in-coin-rankings-can-doge-reach-10.htm #狗狗幣 #dogecoin #doge #playdoge #迷因幣
Dogecoin Price Prediction: As DOGE approaches XRP’s position in the currency rankings, can DOGE reach $10?
Dogecoin price has dropped 2.5% in the past 24 hours to $0.1579, while the overall crypto market remains stable.
DOGE is now down 3.5% for the week and 2% for the month, but the meme coin is still up 115% over the past year.
This development brings Dogecoin close to Ripple’s XRP in the market capitalization rankings, with the meme coin now just $6 billion away from surpassing XRP, which has stalled this year as Ripple awaits a final settlement with the SEC.
With the overall market becoming more bullish and interest in meme coins growing, Dogecoin price is sure to see new gains in the near future.
DOGE is approaching XRP’s position in the coin rankings – can DOGE reach $10?
Today’s decline in DOGE means the coin has entered more oversold territory, which is an opportunity to buy low before rebounding.
Its Relative Strength Index (purple) dropped from nearly 70 yesterday to 40 today, while it has room to fall further before correcting.
Dogecoin price chart.
Source: TradingView
Looking at DOGE’s 30-day EMA (orange), it appears that the coin has experienced a long enough downturn and should be ready for a surge soon, as the 30-day EMA has been lower for much of the past week. at the 200-day moving average (blue).
Encouragingly, this altcoin’s resistance (red) and support (green) levels are gradually trending closer to each other, approaching a tipping point that often results in large moves.
Combined with the current low trading volume, a massive buy from whales could send the Dogecoin price skyrocketing.
It appears that a significant number of traders still believe that DOGE has strong potential, at least based on previous history and overall market movements.
Yesterday prominent GameStop trader Keith Gill (AKA Roaring Bunny) revealed that he accumulated a position worth $180 million in the retailer's stock.
Not only does this increase bullish sentiment towards GameStop, it may also extend to overall demand for meme coins such as Dogecoin.
Furthermore, the coming months are likely to bring overall positive sentiment, given that inflation appears to be easing in several regions, including the UK and EU.
This is expected to lead to lower interest rates, which in turn will increase investor demand.
As a result, Dogecoin price could benefit and is expected to reach $0.2 by the end of summer and $0.4 by the end of 2024.
Other high potential meme coins
Dogecoin is also waiting for the possibility of introducing DOGE payments on the X platform, although this may still take a long time and may never happen.
Therefore, traders looking for big gains may be more inclined to invest in new meme coins with greater short-term potential, and there are currently several pre-sale coins that look very promising.
For example, PlayDoge (PLAY) is an Ethereum-based cryptocurrency that has raised over $1.5 million in its sale.
This number is very impressive as PlayDoge launched its product only last week, quickly attracting investors due to its token economics and fundamentals.
On the fundamentals side, PlayDoge will launch a dog-themed and Tamagotchi-style earn-as-you-play game that will reward players for breeding, trading, and completing tasks with their own virtual dog.
Given the past success of big games like Tamagotchi and more recently CryptoKitties, PlayDoge has the potential to become very popular.
Also bullish is the fact that PLAY will be a deflationary meme coin with a maximum supply of 9.4 billion.
Given that holders can stake the coin, a tight supply could soon arise, pushing its price higher.
Investors can visit PlayDoge’s official website to participate in its sale, with 1 PLAY token selling for $0.00502.
Since the coin’s pre-sale has been a huge success, we may see its price skyrocket after its launch in the next month or so.
Visit PlayDoge now: https://cn.cryptonews.com/ext/playdoge-cn/
Original text: https://cn.cryptonews.com/news/dogecoin-price-prediction-as-doge-approaches-ripples-xrp-in-coin-rankings-can-doge-reach-10.htm
#狗狗幣 #dogecoin #doge #playdoge #迷因幣
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