Binance Square
Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
Vladislav Hryniv
--・7.5k views
đŸ’” According to CryptoNews: $DOGE Price Prediction If Dogecoin is to hit new highs for the year above $0.23 and overtake USDC, calls for it to soon hit $1 will grow once again. It will be difficult for Dogecoin to achieve 5x growth from current levels this bull market, but not impossible. Imagine a scenario where BTC breaks above $100,000 in the coming quarters. That would mean Bitcoin’s market cap moving above $2 trillion. Well, for Dogecoin to reach $1, its market cap would “only” need to grow to around $144 billion. That would only be around 7% of Bitcoin’s market cap. Let’s also assume that as Bitcoin breaks above $100,000 and its market cap above $2 trillion, its dominance declines. Say its dominance declines to 40% (from the current 50%). It’s feasible that the cryptocurrency market cap excluding Bitcoin could reach around $3 trillion in this scenario. A market cap of $144 billion would put Dogecoin at under 5% of the crypto market cap, excluding Bitcoin. These are not unrealistic growth numbers for the world’s most popular and well-known meme coin. In the wild crypto markets, anything can happen. Traders shouldn’t rule out $1 Dogecoin in 2024 or 2025. #Dogecoin‏⁩

đŸ’” According to CryptoNews: $DOGE Price Prediction

If Dogecoin is to hit new highs for the year above $0.23 and overtake USDC, calls for it to soon hit $1 will grow once again.

It will be difficult for Dogecoin to achieve 5x growth from current levels this bull market, but not impossible.

Imagine a scenario where BTC breaks above $100,000 in the coming quarters. That would mean Bitcoin’s market cap moving above $2 trillion.

Well, for Dogecoin to reach $1, its market cap would “only” need to grow to around $144 billion. That would only be around 7% of Bitcoin’s market cap.

Let’s also assume that as Bitcoin breaks above $100,000 and its market cap above $2 trillion, its dominance declines.

Say its dominance declines to 40% (from the current 50%). It’s feasible that the cryptocurrency market cap excluding Bitcoin could reach around $3 trillion in this scenario.

A market cap of $144 billion would put Dogecoin at under 5% of the crypto market cap, excluding Bitcoin.

These are not unrealistic growth numbers for the world’s most popular and well-known meme coin. In the wild crypto markets, anything can happen.

Traders shouldn’t rule out $1 Dogecoin in 2024 or 2025.

#Dogecoin‏⁩

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Explore the lastest crypto news
âšĄïž 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
Vladislav Hryniv
@vlad_hryniv

Explore More From Creator

👀 According to AMBCrypto: Can $DOGE price hit $0.25 in May? To answer this question, AMBCrypto analyzed the social metrics from Santiment. Investor confidence did not look hefty. It has been negative since April as prices took a turn below $0.2, turning the level to resistance. The social dominance saw spikes, but the social volume did not change much. This too does not show bullishness but suggests that Dogecoin’s social media mentions have at least been consistent. Looking at the on-chain metrics, we see that the daily active addresses have fallen dramatically from the February highs. It has been consistently low in the past six weeks. This was a sign that unique addresses were not involved in transactions, which pointed toward lowered demand. The transaction volume was relatively consistent in the first half of April. Since then, it too saw a dramatic decrease toward the end of the month. It has recovered somewhat over the past ten days, which was encouraging, but not necessarily bullish for the token. The dormant circulation saw a large spike on the 26th of April. It indicated a large amount of tokens were transferred, likely for selling. Since then, the metric has been quiet, signaling muted selling pressure.
--
đŸ’„ According to U.Today: $XRP Price Analysis XRP is currently facing a "death cross." This occurs when the shorter-term 50-day Exponential Moving Average (EMA) crosses below the longer-term 200-day EMA, a classic bearish indicator in trading circles. For XRP, this pattern is not just a theoretical concern but a visible sign on the charts, indicating that the downtrend could intensify. The formation of the death cross on XRP's chart suggests that the current downtrend could worsen. There is a looming possibility that XRP could fall toward $0.50, or potentially even lower. This technical setup is crucial for traders as it often precedes further declines in price, reflecting bearish sentiment among investors. However, it is not all doom and gloom. There is a notable trendline support around the $0.51 mark. If this support holds, it could prevent further immediate losses and offer some respite to holders. But with current trading volumes remaining low, the downward pressure on XRP's price remains a concern. Low volume often means less market activity, which can make the price more susceptible to sharp moves on relatively small trades. Looking ahead, traders and investors will be keenly watching for a potential reversal of this trend. A "golden cross," which occurs when the 50-day EMA crosses above the 200-day EMA, would be a bullish signal and could indicate that the value of XRP is set to increase. Such a cross is renowned for signaling the start of a significant upward rally in asset values.
--
đŸ”„ According to AMBCrypto: $TRB Has Place To Be An assessment of TRB’s price movements on a 1-day chart confirmed the high demand for the altcoin by market participants. Its key momentum returned high values at the time of press. For example, the token’s Relative Strength Index (RSI) was 75.96, while its Money Flow Index (MFI) was 91.75.  At these values, these indicators showed that market participants favored TRB accumulation over its distribution.  However, it is pertinent to note that the values of these indicators suggested that the altcoin may be overbought. At these levels, the market is deemed to be overheated, and price correction is usually common.  Confirming the hike in TRB demand, an on-chain assessment of the token’s network activity showed that the count of its daily active addresses has increased by 29% in the last month. While other crypto assets languish under a bearish influence, readings from the TRB market showed significant bullish presence at press time. The token’s Weighted Sentiment was at a high of 6.98 as of this writing, confirming that the bulls have significant control, according to Santiment’s data. On the price charts, the dots that make up TRB’s Parabolic SAR rest under its price. This indicator identifies potential trend direction and reversals. When its dotted lines are placed under an asset’s price, the market is said to be in an uptrend. It indicates that the asset’s price has been rising and may continue.  Regarding how profitable TRB investments have been, AMBCrypto found that in the last month, for every TRB transaction that ended in a loss, 1.04 transactions returned a profit. This suggested that market participants have made more profit than losses trading the altcoin in the last 30 days. 
--
🚀 According to NewsBTC: Crypto Analyst Predicts 350% Surge For $SHIB Crypto Dona revealed in an X (formerly Twitter) post that his price target for Shiba Inu is $0.00011 and that he doesn’t see the meme coin going higher. A rise to that level represents a 350% price surge for the meme coin, which will undoubtedly appeal to Shiba Inu investors. Crypto Dona joins a host of other crypto analysts who predict that Shiba Inu could shed another zero from its current price level and rise to $0.0001. However, some of these analysts have given a way higher price prediction than Crypto Dona’s. One is Javon Marks, who predicts that Shiba Inu could rise to as high as $0.0001553. Crypto analysts like Armando Pantoja and Ali Martinez have also made much higher predictions, predicting that Shiba Inu could rise to $0.001 and $0.011, respectively. Forecasts like these have undoubtedly raised the expectations for SHIB in this bull run, with community members optimistic that the meme coin could flip Dogecoin (DOGE) in this market cycle.  Shiba Inu’s lead developer, Shytoshi Kusama, is also confident about the meme coin’s potential in this market cycle. He suggested that the meme coin is in a good position to lead this season. He alluded to Shiba Inu’s technology, vision, plan, and community as some of the reasons he holds this belief. While Shiba Inu undoubtedly looks primed to make big moves in this bull run, the first step will be for the meme coin to rise above its current all-time high of $0.00008845, as it is currently 70% down from that price level.  At the time of writing, Shiba Inu is trading at: - $0.00002272 on KuCoin exchange - $0.00002270 on WhiteBIT exchange - $0.00002270 on Coinbase exchange
--
đŸ’” According to AMBCrypto: Will $WIF price crash to $2.4? The month-long range (purple) extended from $2.24 to $3.56. The start of the week saw a WIF rejection at the range highs. The OBV was also unable to breach the local highs and trend higher. This was a strong sign of a lack of buying pressure. This saw the meme coin stumble to the mid-range level at $2.9. The 6-hour session close below this level in recent hours meant that the bears will likely win this battle and force a move toward the $2.4 support region. The RSI also slipped below the neutral 50 mark to highlight bearish momentum was stronger. In the short term, we may see a bounce to the $3.1-$3.2 region to fill the imbalance left during the swift losses of the past 24 hours. AMBCrypto reviewed the data from Coinalyze and found that the move to $3.68 on Monday the 6th of May lacked bullish conviction. The Open Interest chart had already been falling lower over the weekend and didn’t recover sufficiently during Monday’s rally. The spot CVD also slumped in recent hours to underline increased selling pressure. The technical factors indicate that the next few days would likely see WIF losses on the chart.
--

Latest News

Mercado Libre Discloses Holding Over $40 Million in Cryptocurrency
--
Phishing Websites Exploit TON Transfer Mechanism To Deceive Users
--
US Bank and Edmond De Rothschild Holding SA Disclose Bitcoin ETF Investments
--
Blast Launches Gold Distribution 3 Event, Allocates 15 Million Gold Points To DApp
--
Polkadot's Active Addresses Continue to Grow, Mainly Concentrated in Moonbeam
--
View More

Trending Articles

Polkadot Completes a Major Upgrade: Asynchronous Backing Now Live
avatar
CryptoPotato
Solana Could Flip Ethereum in Transaction Fees Within a Week: Report
avatar
Cointelegraph
Ripple Lawsuit: SEC Drops Pivotal Filing, Here's What Might Follow
avatar
U.today
Ripple Vs SEC : SEC Files Sealed Remedy Reply Brief in XRP Lawsuit
avatar
Coinpedia
Russia Is Planning to Cripple Europe’s Economy – and This Is How
avatar
Cryptopolitan
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie