Dogecoin ($DOGE ) Sees Epic Surge of $1 Million Transactions, What's Going On?

Dogecoin whale activity is on the rise. Over 150 DOGE transactions, each exceeding $1 million, have been recorded in the past 24 hours."
Increasing institutional interest in cryptocurrencies, including Dogecoin, could be contributing to the rise in large transactions. Institutions entering the market often do so with subs#tantial capital, leading to large transaction volumes.

Whales might be positioning themselves for anticipated price movements, either upward or downward, based on market analysis or news.
Dogecoin price action
At the time of writing, Dogecoin was down 1.38% in the last 24 hours to $0.161. Dogecoin has remained above the 50-day SMA of $0.1547 since late May, indicating strong demand near this level.

If this trend continues, Dogecoin may surpass the short-term barrier of $0.174, which is a crucial mark to monitor. If buyers break through this barrier, Dogecoin might rise to $0.21, and then to $0.23.
Conversely, if the price falls from the present level or the daily SMA 50, it may induce short-term selling. A breach below the 50-day SMA might reverse the short-term trend, sending Dogecoin to 0.14.
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Telegram launches digital mini-app payment system, Telegram Stars

Pavel Durov, CEO of the messaging platform Telegram, announced a new payment system for digital goods and services on Thursday.

The platform introduced Telegram Stars, which allows users to pay for digital services via in-app purchases on iOS and Android. App developers can swap their stars TON, the native token of The Open Network, via the exchange Fragment. The platform added that Telegram Stars is compliant with Apple and Google's digital product sale policies.
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Dogecoin ($DOGE ) Price Overview: Is a New Surge Coming?
Dogecoin's current price ranges between $0.15 and $0.17, with a nearest resistance level at $0.18 and nearest support at $0.14. The coin has seen a slight dip of 1.10% over the past week but gained 3.25% in the last month and surged by 58.47% over six months. With RSI at 45.93 and MACD nearly neutral, DOGE shows a mix of consolidation but hints at potential upward movement. The price is more in an impulsive move.

Pepe ($PEPE ) Crypto Price Overview: Strong Long-Term Growth Signals
Pepe (PEPE) is trading in the range of $0.00001276 to $0.00001686. It shows a modest dip of 0.79% over the past week but boasts a solid 75.33% rise in the last month and an impressive 827.19% increase over six months. The current RSI is at 50.21, indicating a stable market. The MACD level at 0 and stochastic at 33.83 suggest the price is in a corrective move. The nearest resistance is $0.000019, and support is at $0.000011.

Super Trump Crypto Price Overview: Current Trends and Predictions
Super Trump (Strump) is trading in the range of $0.0079 to $0.0346. The coin has seen a one-week price drop of 7.76%, yet a significant one-month surge of 348.29%. Over the past six months, it has gained 164.12%. The latest technical indicators show that STRUMP is currently in a corrective phase. With the Relative Strength Index at 35.40 and a MACD level of -0.001, the price movement suggests potential stability before the next move. The nearest resistance stands at $0.046.

Bonk ($BONK ) Price Overview and Future Prediction
BONK is currently in a corrective move with a price range of $0.00002677 to $0.00004056. The nearest resistance is $0.00004943, and the nearest support is $0.00002184. Over the last week, BONK fell by 8.84%, while in the past month, it rose by 32.98%. In six months, it surged by 155.12%. The RSI stands at 43.95 and the Stochastic at 23.06, indicating potential for movement. The MACD level at -0.00000012 shows minor bearish pattern.
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Bitcoin (BTC) could hit a new all-time high as soon as next week following the lowest United States job openings in three years — a sign of a slowing economy — but two other indicators must be confirmed, according to a crypto researcher.
“Last night, another critical and forward-looking job metric, job openings, slowed down significantly,” 10x Research head of research Markus Thielen wrote in a June 4 report.
The U.S. Bureau of Labor Statistics June 4 report on Job Openings and Labor Turnover (JOLT) showed in April the country had 8.1 million job openings with around 0.8 unemployed persons per job opening, the highest ratio since February 2021.
According to Thielen, it could be the first of the economic indicators suggesting an economic slowdown, which will all “lead to a lower inflation” — a key bullish indicator for Bitcoin.

When the inflation-measuring U.S. Consumer Price Index (CPI) results lowered by 0.1% on May 15, Bitcoin surged 7% over the following five days to $71,432.

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