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#Doge🚀🚀🚀 💥💥💥 DOGECOIN HIKES 3.4% AS WHALES ACCUMULATE 270M TOKENS. The biggest meme coin, Dogecoin, surged to $0.33, a 3.4% hike in the last 24 hours, following the accumulation of 270 million DOGE tokens in the last 96 hours. This comes amid the “Santa rally” in Bitcoin ahead of Christmas Eve, pushing Bitcoin beyond $98,000. This shows a strong correlation between DOGE and Bitcoin. Whales bought 270 million #Dogecoin $DOGE in the last 96 hours! pic.twitter.com/b86lCyGDsr — Ali (@ali_charts) December 24, 2024 Will Dogecoin Cross the $4 Mark? Dogecoin has captured the attention of analysts and investor amid the prediction of a price surge. Market analyst Javier Santini, founder of Elemento Cripto, has sparked discussions with his bold prediction that the memecoin could reach $4 within a week after its ongoing correction phase. The crypto analyst explains that corrections, such as the current 35% dip from its recent high of $0.48, are part of the natural market cycle. According to Santini, these cool-off phases typically last about a month before triggering a rally. If this prediction holds, DOGE, now priced at approximately $0.33, could experience an unprecedented growth of over 1,168%. Another expert supports the $4 prediction and even forecasts a potential rise to $4.20. He attributes this confidence to DOGE’s 1,000-day accumulation pattern. This pattern shows strong underlying support for the biggest memecoin. Despite the excitement, the memecoin’s volatility continues to polarize investors. While some see its erratic behavior as a risk, other view it as an opportunity for significant gains. Analysts like Santini argue that these fluctuations are normal precursors to major rallies. However, DOGE saw $9.2 million in liquidations, evenly divided between long and short positions. This reflects uncertainty among all DOGE traders and investors.
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https://app.binance.com/uni-qr/cart/18002194426377?r=755809268&l=en&uco=2cWGCOuWGdBSZlqfYWdT6g&uc=app_square_share_link&us=copylink
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XRP WILL SURPRISE.🪙
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#XRP VS BITCOIN 🪙 🪙 🪙 XRP to Challenge Bitcoin After Ethereum Armstrong is confident that XRP can surpass Ethereum in market cap during this bull run. However, he acknowledges that it’s not a guarantee. While Ethereum will remain an institutional investment tool, he expects XRP to grow rapidly due to its appeal as a bridge currency in the global financial system. Notably, Ethereum has a market cap of $411 billion, nearly four times that of XRP at $128 billion. XRP’s value must rise above $7 to reach Ethereum’s market cap. BitBoy has even predicted that XRP could reach a price of $22 this season, corresponding to a market cap of $1.26 trillion. This fuels his optimism that XRP could surpass Ethereum. Meanwhile, Armstrong does not predict that XRP will reach the same market cap as Bitcoin in the near future. Instead, he sees XRP gaining significant ground against Bitcoin, particularly in terms of dominance. This would result in greater returns for XRP holders compared to Bitcoin. XRP EATING INTO BITCOIN DOMANCE. As The Crypto Basic reported earlier, XRP’s November rally significantly impacted Bitcoin’s dominance in the crypto market. Specifically, Bitcoin’s dominance dropped by 6%, with XRP contributing 3% to this decline. From November 3 to December 3, XRP’s price surged by over 450%, and its market cap grew more than fivefold, reaching $154.83 billion. This led to a temporary dip in Bitcoin’s dominance, which fell to 52%, though it has since rebounded to around 60%. Armstrong expects this scenario to play out again into 2025..
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