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"Breaking Down the $18 Dogecoin Target: Can It Be Reached?"

The Crypto Basic

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A prominent market commentator maintains his ambitious two-digit #Dogecoin target despite the consolidation, but pessimism abounds. 

Read more on: https://thecryptobasic.com/2024/12/31/18-dogecoin-price-projection-how-feasible-is-this-target/
#CryptoNewss 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Sunil Kavuri, a major representative of one of #FTX ’s creditor groups, has shared a fresh update about countries restricted from the defunct exchange’s repayment. In a recent X post, Kavuri disclosed that FTX creditors from countries such as Nigeria, Russia, Saudi Arabia, Ukraine, China, Iran, and Egypt are ineligible for payouts through the exchange’s current distribution providers- Bitgo and Kraken. This development comes despite FTX acknowledging that users from these countries might have accounts on these crypto exchanges. However, the defunct exchange made a U-turn, providing a list of jurisdictions not eligible for compensation through Kraken and Bitgo. The list, which was updated on January 16, 2025, highlights 163 jurisdictions that are ineligible for FTX payout through Bitgo and Kraken, including Russia, Nigeria, Ukraine, China, Egypt, Iran, and Saudi Arabia. Notably, FTX claims it is actively reviewing eligible jurisdictions, with plans to update the portal with any changes to the list of eligible regions in the future. #CryptoNews🚀🔥V

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Shytoshi Kusama, the lead developer of #shiba⚡ Inu, has made a bold statement about the project’s trajectory. In a tweet exchange, Kusama assured that Shiba Inu would capture the attention of critics and investors long before the price reached the lofty $0.50 mark. Shiba Inu Will Grab Attention Way Before Price Reaches $0.50 Kusama’s confident statement came after a tweet from crypto investor Maserati Cam, who claimed he would only pay full attention to Shiba Inu if the token hit the $0.50 threshold. Notably, SHIB is currently trading at $0.000022, and reaching $0.50 would require an exceptional price surge of 2,217,195%. Such extraordinary growth would undoubtedly attract significant attention to the SHIB project, similar to the surge witnessed last season when Shiba Inu soared by 150,000,000% from its all-time low to its cycle peak. Critics like Maserati Cam, who believe Shiba Inu has lost its appeal, argue that such a price move could reignite their interest. However, Kusama is optimistic that upcoming announcements from the Shiba Inu team will create waves far sooner than that. The Shiba Inu ecosystem is renowned for its passionate community and meme-driven success. Kusama’s repeated hints about something “groundbreaking” have only fueled speculation about future developments. #CryptoNewsFlash

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"XRP ETFs Incoming? ProShares Files Major Proposal Amid Gensler’s Exit"

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Donald Trump’s newly launched TRUMP meme coin instantly gains traction, massively rewarding traders who bought the Solana-based token early. The US president-elect reiterated his admiration for the crypto sector by officially announcing the launch of his meme coin on January 18 despite early skepticisms and speculations of a possible hack. Trump unveiled the official Trump meme coin in a tweet today, sparking reactions from the crypto community. He noted the Solana-based token “celebrate everything we stand for,” attaching the meme coin’s address in an accompanying picture. TRUMP Surpasses $3B Market Cap in Hours The Trump token instantly gained traction among market participants, who incessantly aped into the meme coin. The massive buy-in spurred a market cap explosion and a corresponding price upsurge. At the time of writing, data from DEXScreener shows that TRUMP has crossed $3.8 billion with an $18 billion fully diluted valuation (FDV) despite launching less than eight hours ago. The asset’s surging valuation has seen it break into the top 40 cryptocurrencies by market cap. Meanwhile, its price has surged, enhanced by its fair total supply of 200 million TRUMP. At press time, the meme coin trades at $19.01, up a staggering 9,621% since its hours-long launch. #CryptoNewss Early Investor’s TRUMP Purchase

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Donald Trump launches an “official” Trump meme coin with the ticker TRUMP, but investors remain cautious despite short-term success. President-elect Donald Trump launched the Solana-based token three days before his inauguration as the 47th president of the United States. Despite its explosive rise in value, skepticism surrounds the project, with investors questioning its authenticity. TRUMP’s Meteoric Rise Within three hours of its launch, TRUMP’s market cap has skyrocketed to $9 billion. The token’s price jumped over 4,800%, trading at $9 from an opening price of $0.1824, according to Dexscreener. Over 49,800 buyers joined the frenzy, outpacing the nearly 12,500 sellers. Liquidity also surged, reaching $308.7 million. Notably, SpotOnChain revealed the token initially received funding in SOL from Gate.io and Binance. However, the blockchain analytics firm questioned why a U.S.-based project avoided American exchanges like Coinbase. #Crypto Official Trump Meme coin | Dexscreener

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