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2024-08-22 04:43:47
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🚨 Whale Alert & Price Analysis Dogecoin Price Is ‘Super Bullish’ As Whales Pour An Extra $149M Into DOGE 🐳 🚀 $DOGE 🧧🧧🧧 Dogecoin price looks incredibly bullish as large investors, known as “whales”, have poured an additional $149 million into the meme coin in the last 24 hours. This massive capital influx signals strong confidence among influential market players, boosting optimism about DOGE price recovery. DOGE price increased by 6.9% in the last 24 hours to trade at $0.1764 as of 00:48 a.m. EST. This includes an incredulous 27.8% weekly gain and a 50.9% bi-weekly uptick. Although Bitcoin has played a huge part in the current rally, the upcoming U.S. election is also likely a contributor to the rise of Dogecoin. Data from ITB shows that large investors are betting more on Dogecoin, which is surging higher. Over the last 24 hours, large holder inflow has surged to 861 million DOGE from 3.08 million, signaling whales’ increased confidence in the crypto asset. DOGE price has surpassed the past resistance (1) well and now faces the second resistance (2). This level has been tested once before but still presents a significant hurdle. If Dogecoin breaks above this resistance, the next major barrier is around $0.22, which coincides with the yearly high and marks a 29% increase from the current price. Bears can invalidate the current bullish thesis by pushing the price of DOGE below $0.142 (Resistance 1). This would show market weakness and result in a cascade effect of panic selling, pushing the price further lower to $0.105 support. The crypto-charged U.S. elections are coming up in five days, and the crypto markets, especially Dogecoin, should expect high volatility. #WhalesBuying #whalealert #Priceanalysis
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Fetch AI Completes Network Upgrade , Can FET Price Reach $13? $FET 🧧🧧 Fetch ai has successfully completed its network upgrade under Proposal 33, marking a pivotal moment for the decentralized AI-focused platform. The upgrade seamlessly integrates the Fetch ai mainnet with the CUDOS network, merging all CUDOS tokens and staked assets according to predefined token ratios and a three-month vesting schedule. The integration of the CUDOS mainnet into Fetch ai brings new interoperability and functionality to the Fetch.ai ecosystem. By merging with CUDOS, Fetch.ai has broadened its decentralized computing capabilities, allowing for more efficient and scalable AI and blockchain-based applications. Fetch.ai is also making strides in cross-chain interoperability through a recent partnership with Injective, a decentralized finance (DeFi) protocol. This collaboration allows Fetch.ai to replace its Inter-Blockchain Communication (IBC) protocol light client with Injective’s technology, enabling more efficient cross-chain asset transfers between the Fetch.ai and Injective networks. The recent formation of a “Cup and Handle” pattern, a bullish continuation indicator. If FET breaks out from this pattern with high volume, a significant price rise could follow. The Relative Strength Index (RSI) for FET remains within a neutral range, around 44.68, suggesting that the asset has room for upward movement without being overbought. #Fetch_ai #Cudos #analysis
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Looking to diversify your crypto portfolio? 🧧🧧🧧 $TON $SOL $DOGE Consider these 4 XRP rivals that could turn your $1 into $1000 in 2024: Solana (SOL), Dogecoin (DOGE), Toncoin (TON), and Cardano (ADA). With their rapid growth and promising technology, these coins are worth a closer look. #ANALYSIS #AltcoinStars #2024Trends
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4 XRP Competitors to Buy to Turn $1 to $1000 in 2024
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LUNC News: Terra Classic Community Votes On Key Proposal To Reduce Broader Costs $LUNC 🧧🧧🧧 LUNC news: The Terra Classic community has advanced a proposal that aims to reduce the broader costs of the ecosystem. The proposal, which was submitted on October 20, already received a majority vote in favor of it. Besides, it also comes as the community anticipates a LUNC price breakout in the coming days. In the latest LUNC News, the Terra Classic community advances a major proposal to remove forked mainline modules from its ecosystem. OrbitLabs, the team behind the proposal, argues that the current system has caused higher maintenance costs and technical debts, which decreases the efficacy of the ecosystem. So, removing these outdated components and adopting standard modules would help the Terra ecosystem to benefit from improved maintainability, enhanced security, and quicker adoption of upstream updates. Notably, one key issue highlighted in the proposal is the use of outdated versions of Cosmos modules, which has led to increased complexity in the system. Meanwhile, the forked versions not only raise operational costs but also increase the risk of missing important security updates, the proposal said. OrbitLabs stressed that without action, Terra Classic would face growing security risks, higher expenses, and diminished competitiveness in the evolving crypto landscape. So, the proposal plan, which involves two phases, will first focus on updating the consensus engine and the Cosmos SDK. By doing so, Terra Classic will be more in line with the latest security features and innovations from the Cosmos ecosystem. On the other hand, the second phase will involve upgrading the Wasmd contract system, ensuring compatibility with existing smart contracts, and minimizing disruptions during migration. Notably, if the proposal passes final approval, the timeline includes eight weeks for phase one and another ten weeks for phase two. #Lunc2TheMoonSoon #UptoberBTC70K?
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