New Shibarium adoption milestone celebrated by SHIB team
Shibarium, the Layer-2 blockchain by the Shiba Inu project, has recently been integrated by Atomic Wallet, a decentralized and anonymous cryptocurrency wallet for holding various cryptos. From now on, five million users of the wallet can interact with the network and its native coins, SHIB, BONE and LEASH. This act of Shibarium adoption has not been left unnoticed by Shiba Inu team members. Lucie, Shiba ecosystem official, as well as RagnarShiba, admin of the Shibarium Tech Telegram channel, have spread the word about this crucial milestone across the X platform. Meanwhile, over the past two days, Shibarium's native crypto, SHIB, has shown 13.41% growth. Currently, SHIB is changing hands at $0.000008551. #Ripple News #XRP News #Dogecoin News #Bitcoin #Shibarium #Shiba Inu (SHIB) News
Ripple's Stuart Alderoty Claims SEC Losing Legal Battles; Physical DOGE, BTC to Head to Actual Moon This Year, Shibarium Hits New Adoption Milestone: Crypto News Digest by @rahman_destiny. #Follow&Like
Physical DOGE, BTC, Bitcoin Genesis plate to head to moon on Dec. 23 this year Yesterday, Nov. 16, Dogecoin's official X handle provided an update on the "Dogecoin On The Moon" initiative. According to the announcement, a physical Dogecoin is expected to be delivered to the moon two days prior to Christmas, Dec. 23, 2023. The meme coin will be sent in the DHL Moonbox with ULA's Vulcan Centaur Rocket. The initiative has finally turned into reality thanks to Dogecoin teaming up with Astrobotic, a space company that delivers various cargo to the moon for governments, corporations and those individuals who can afford it. However, DOGE is not the only crypto that will take part in the space journey. The payloads will also carry "Lunar Bitcoin" for BitMEX exchange and "Bitcoin Genesis Plate,"which includes a copy of the Genesis Block, the first mined block of Bitcoin.#DogecoinUpdate #WhaleAlert #CryptoTradingTip #DogecoinPrice
Dogecoin (DOGE) Futures Open Interest Spikes 40%, Signaling Possible Price Peak Over the past 24-hour period, Dogecoin (DOGE) futures contracts’ open interest surged by around 40%, suggesting there’s heightened risk appetite among traders in a trend that has historically signaled local price peaks in the realm of cryptocurrency markets.
According to data from CoinGlass, first reported by CoinDesk, the number of open futures contracts surged to surpass the 7 billion DOGE mark – roughly $600 billion – reaching levels that had been seeing back in April.
Notably, nearly half of the total futures positions, equivalent to $275 million, were staked on Binance, followed by Bybit at $134 million and OKX at $85 million. The longs-to-shorts ratio stands at 50% on each side, suggesting that traders might have diversified their positions to mitigate risks.
While a rise in open interest typically signals a bullish sentiment among futures traders, an excessively high or sudden spike can serve as a bearish indicator, hinting at an impending shift in market trends as traders potentially initiate short positions.
As CryptoGlobe reported, a popular crypto analyst has predicted on the microblogging platform X (formerly known as Twitter) that DOGE could also see its price surge to around $0.085 from its current level of around $0.077, The analyst noted he believes the “party is about to begin” for meme-inspired cryptocurrencies, which are tokens that are known to benefit from cryptocurrency bull markets.
s CryptoGlobe reported back in 2021, search interest for Dogecoin exploded during the cryptocurrency’s massive 10,000% price rally, going from an average of 135,000 monthly searches in April 2020 to 16.5 million in April 2021.
Dogecoin was created back in 2013 as a joke. The cryptocurrency’s community is well-known for taking on philanthropic projects, which included helping charitable organizations. It made headlines in 2014 after raising more than $25,000 worth of DOGE to let the Jamaican bobsleigh team attend the Winter Olympics in Sochi.
Dogecoin aims for $0.0850 amid bullish signals and whale activity
Dogecoin (DOGE) is exhibiting signs of a potential uptrend as it attempts to break through the resistance level of $0.0786 with aspirations to reach a target of $0.0850. The popular meme cryptocurrency experienced a notable recovery after hitting a support level at $0.0722 between November 12 and November 14, following a three-day decline. Technical indicators such as an upward-facing Relative Strength Index and a positive Awesome Oscillator have hinted at this rebound.
For DOGE to establish a confirmed uptrend, it needs to secure a close above the $0.0786 resistance mark. Achieving this would transform the supply zone ranging from $0.0767 to $0.0803 into a bullish breaker above $0.0815, setting the stage for the coin to meet its $0.0850 target and possibly further gains.
Supporting the optimistic view are on-chain metrics provided by Santiment, a behavior analytics platform, which show an increase in whale transactions, a rise in daily active addresses, and inflows of Tether (USDT) stablecoin. These indicators suggest heightened crowd interaction and an influx of new capital into Dogecoin.
However, there remains a risk of another rejection at the $0.0786 level. Should this occur, DOGE might retreat below the support of $0.0722 and challenge the 25- and 50-day Exponential Moving Averages at $0.0716 and $0.0685, respectively. Under this bearish scenario, it could test further support at $0.0675 or even dip to the 100-day EMA at $0.0673, translating to a potential 12% decrease from current levels. #DogecoinUpdate #DOGEToTheMoon #WhaleAlert