Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jul / 08
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- Dogecoin (DOGE) Open Interest Drops, Price StaBle ABove $0.10
- Jul 08, 2024 at 07:29 pm BeInCrypto
- Amid Dogecoin's (DOGE) price decline, its derivatives market has been negatively affected. As of now, DOGE's total open interest has dropped to its lowest since January, at $2.51 billion. Open interest indicates outstanding futures/options contracts that haven't been settled, and its decline signals a decrease in market activity.
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- PEPE Price Drops as Bears Take Control Amid Market Crash
- Jul 08, 2024 at 06:04 pm TheNewsCrypto
- PEPE, a prominent frog-themed memecoin, has suffered a significant price decline of 10.20% within the past 24 hours. This drop coincides with the ongoing market downturn, which has also impacted other memecoins. Despite the short-term price decline, PEPE's year-to-date (YTD) value has witnessed a substantial 546.15% increase, and analysts remain optimistic about its long-term prospects.
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- Why Dogecoin Price Dip is a Great Buy Now
- Jul 08, 2024 at 06:33 pm CoinGape
- Based on Santiment's analysis, Dogecoin (DOGE) presents a favorable buying opportunity as its Market Value to Realized Value (MVRV) ratio has dipped to -19.7% over the past month. This low MVRV indicates undervaluation and reduced risk for investors attempting to purchase DOGE during this dip. Dogecoin's inherent strengths, such as a dedicated community and widespread adoption, position it as a viable investment option.
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- Santiment Signals Short-Term Bullishness for Ethereum and Dogecoin Amid Market Correction
- Jul 08, 2024 at 06:19 pm Crypto News Flash
- On-chain metrics indicate an oversold condition for seven altcoins, including DOGE, UNI, and LTC, as their MVRV metric falls into negative territory. Despite the market downturn, these altcoins present a potential buy signal. Dogecoin (DOGE) has the most favorable risk-reward scenario with an MVRV of -19.7%, suggesting an undervalued asset. Other altcoins showing undervaluation include UNI (-16.3%), LTC (-15%), and ETH (-13.2%). Bitcoin's MVRV has also entered negative territory, currently at -9.65%, attracting cautious optimism for an uptrend. Overall, the market is experiencing weakness, presenting both buying opportunities and concerns over further price declines.
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- ShiBa Inu, PEPE Face The Heat Amidst $130 Million Crypto BloodBath
- Jul 08, 2024 at 05:24 pm The Crypto Times
- Major crypto whales have withdrawn significant amounts of Shiba Inu (SHIB) and Pepe (PEPE) from Binance, coinciding with a decline in meme coins and a recent crypto market downturn. The withdrawals include over $9.68 million worth of SHIB and $9.84 million worth of PEPE, potentially exacerbating the bearish pressure on these assets.
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- The Pepe Price Plunges 13%, But Experts Say Consider This Layer-2 Alternative For ParaBolic Gains
- Jul 08, 2024 at 04:20 pm InsideBitcoin News
- Pepe's price has fallen 13% in the past 24 hours, amidst a broader market dip. The token's decline coincides with an overall bearish trend in the crypto market, which has witnessed a 3% drop in the last 24 hours. Pepe's price has been on a downtrend since reaching an all-time high of $0.00001717, with a corresponding market capitalization of $6.8 billion, according to data from GeckoTerminal.
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- Daily Market Review: BTC, ETH, PEPE, WIF, ENA
- Jul 08, 2024 at 04:15 pm blockchainreporter
- Today's market was buoyant, with the global market cap increasing by 1.29% to $2.11 trillion. Bitcoin traded near the lower Bollinger Band, indicating oversold conditions, while Ethereum's Alligator lines suggested consolidation. Pepe formed a double bottom pattern, hinting at a potential reversal, while Dogwifhat's Ichimoku Cloud confirmed a bearish trend. Ethena's Supertrend indicator acted as resistance, with the Money Flow Index (MFI) approaching the oversold region.
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- Dogecoin Founder Issues Crucial Statement on Bleeding Cryptocurrency Market
- Jul 08, 2024 at 04:09 pm U.Today
- Amidst the recent cryptocurrency market decline, Dogecoin co-creator Billy Markus shared a humorous meme depicting a sinking yacht with the caption "How's your crypto going?" Bitcoin, the market leader, has plummeted over 5% in the past 24 hours, mirrored by Dogecoin's 28% drop from July 1 to 5. Markus's meme and past criticisms of crypto trading highlight the volatility and unpredictable nature of the market, which he compares to gambling and mental illness.
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- Altcoins BRETT, PEPE, WIF, and JUP plummet 10% as Bitcoin drops 4%
- Jul 08, 2024 at 03:19 pm crypto.news
- Following Bitcoin's 4% decline on July 8th, altcoins including BRETT, PEPE, WIF, and JUP faced significant losses, dropping over 10%. These meme coins were particularly affected, with PEPE suffering a 12% daily decline and a 30% weekly drop. WIF, a Solana-based meme coin, experienced an 11% loss within 24 hours, while decentralized exchange aggregator JUP lost 10%. The altcoin market's volatility is closely tied to Bitcoin's dominance, and analysts speculate on the potential for an altcoin season to emerge in the near future.
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- Fuk MT Gox (FUKMTGOX) Memecoin Surges 190% and Will Surge Another 17,000% Before KuCoin Listing
- Jul 08, 2024 at 02:44 pm Crypto Intelligence
- Fuk MT Gox (FUKMTGOX), a Solana-based memecoin, has skyrocketed over 190% following its KuCoin listing, boasting a market cap of $43,000. Its locked liquidity of $3,000 offers stability, while its potential for growth mirrors that of early SHIB and DOGE investors. To acquire FUKMTGOX, connect your wallet to Raydium or Jupiter and swap Solana using the contract address.
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