We announce the burning of an impressive 51,173,118 Dogecoins. đłđ¶ This significant reduction in supply underscores our dedication to fostering long-term growth and stability within the Doge ecosystem. With each burnt coin, we inch closer to our goal, steadfast in our resolve to continue burning until Dogecoin reaches the coveted $1 mark. This ongoing initiative, coupled with widespread adoption and unwavering support from figures like Elon Musk, propels Dogecoin towards new heights, making it an enticing investment opportunity for enthusiasts worldwide. đđ„
đšđšđš Itâs a great announcement from Musk! DOGE fans never give up no matter if PEPE, BONK, SHIBA go higher faster. DOGE will be more stable. đ
The price of Dogecoin skyrocketed as Elon Musk openly supported the memecoin. Musk called DOGE âpeopleâs crypto.â He confirmed that Tesla will soon accept DOGE in the form of payments. Dogecoin soared to new highs after Tesla and SpaceX chief executive Elon Musk, also known as the âDogefather,â confirmed in a press conference that his electric vehicle manufacturing company will enable payments in Dogecoin (DOGE) in the near future.
According to the data from CoinMarketCap, as of 12:53 a.m. ET Thursday, DOGE is up 6.6% in the past hours, followed by a 20% surge in the past seven days. The price of the memecoin stands at $0.1781, with a 20.46% surge in trading volume. However, Dogecoin is still 75.24% away from its all-time high of $0.7376 witnessed on May 8, 2021.
Musk spoke at the âWe Are Gigaâ event in Texas and supported Dogecoin in front of the attendees. He shouted âDogecoin to the Moonâ in front of a cheering crowd. âWhen can you buy a Tesla with Dogecoin?â an attendee asked the billionaire.
âAt some point, I think we should enable that.â Musk replied while adding:
A lot of people donât know why I support Dogecoin. While I was walking around the factory in Tesla, a lot of regular guys said âHey can you support DOGEâ. Even at SpaceX, people working at factories, regular guys said âPlease support DOGE The billionaire also noted that a lot of billionaires support Bitcoin (BTC), but he will continue to support Dogecoin because âDOGE is peopleâs crypto.â
As February ended, Dogecoin re-entered the top 10 cryptocurrencies by market capitalization as investors hoped for Musk to extend support for the memecoin. It is clear that the prayers of investors have been answered.
We have reached the old ATH too early in the cycle and have been stuck in a consolidation for almost 6 months since then. This can end with a crash now. A final shakeout before the next wave up.
The situation is similar to 2019 - early 2020. Too high too early, then a long boring consolidation period, and finally a crash (triggered by COVID). The difference was that it happened in an earlier phase of the cycle.
October is statistically a bullish or neutral month in a bull run, so it's likely to happen either in September or November.
My target is 40K but a wick can be expected to reach as low as the 30K area. It's likely that we'll get a fast recovery so it's important to have a plan and act decisively.
I am still bullish on $BTC but I am really worried about the big spike to the downside. For me the most possible scenario is retest at 40-45k if the cycle is in the same shape as the previous one in which we had 30k correction. I donât want to be negative or saying it will happen on 100% because no one can. The problem is that the last time we had such a big spike and it was bullish we went up but now the spike is pointing down and the last candles on the monthly time frame are bearish. Letâs see what happens!
Breaking: Telegram CEO Pavel Durov taken to court in Paris
Telegram founder and CEO Pavel Durov was taken to court from custody on Wednesday, several reports suggested.
Telegram founder and CEO Pavel Durov was taken to court from custody on Aug. 28, according to several reports.
The Russian news agency RIA Novosti reported that Durov was taken to the court at around 1:00 pm UTC.
The French news agency Agence France-Presse (AFP News) confirmed the report, citing a source close to the case, stating that Durov is heading to Paris court as his initial detention period ends.
Telegram CEO appears before the investigating judge
Earlier on the day, a RIA Novosti correspondent reported that two cars with flashing lights left the National Anti-Fraud Bureau in the suburbs of Paris at high speed, where Telegram CEO Durov was supposed to be held.
Hello everyone! đ On 4 hour time frame we can see a head and shoulders pattern which is bullish and most likely we can expect a new high soon from 63-64k!$BTC
Hello DOGE fans! On the weekly time frame we can see a strong reaction on the trend line so if the price holds above this level, we may see a test again at 0.20 $DOGE
I think that the price wonât go to 30-40k region soon. The price in my opinion is just manipulated and oversold with 10-20k difference in $BTC price. I have a good feeling because we have a strong trend since the 38k till now so now it is a good chance for recovery. I am bullish for now but if we break below 50k it wonât be good. However, expect more updates from me soon!đ„
Get ready for the big moment! đ„đ„ In just a few hours, Dogecoin will be listed on a major crypto exchange for âfuturesâ trading (binance already got futures for Doge). đ Futures trading allows investors to speculate on the future price of Dogecoin without actually owning the asset. This exciting development opens up new avenues for investors to participate in Dogecoin's journey, potentially amplifying gains and diversifying portfolios.
đđŒWith futures, the possibility to make a 1x to 50x return on investment with Dogecoin becomes a reality. Don't miss out on this opportunity to increase your wealth.
BTC keeps following my scenario almost perfectly and we may see another little reject at the all time high but we are still very bullish. The halving is coming closer with each day so bigger prices are coming soon! đ
Follow me so you donât miss out any important updates and signals!đ
We reacted on the trend line so I think that we will go even higher and donât forget that tomorrow is 1st of April. A lot of pump is expected in the upcoming months. We can easily hit 1-2$ soon! đ„