Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jun / 10
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- Bitcoin’s Rebound Could Trigger $1 Billion Short Position Liquidation Amid Market Uncertainty
- Jun 10, 2024 at 12:39 pm Crypto Intelligence
- Bitcoin underwent a noticeable dip on June 6th, falling from a peak of $71,000 to around $68,500 before partially recovering. This decline coincided with macroeconomic uncertainty and coincided with Ether and altcoin price drops, leading to substantial liquidations in both long and short positions. Despite recent optimism driven by positive ETF inflows, traders anticipate further Bitcoin price declines, as evidenced by a large number of long positions at the $71,000 level.
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- Bitcoin’s Swift Rebound Could Trigger $1 Billion Short Position Liquidation Amid Market Uncertainty
- Jun 10, 2024 at 01:14 am Crypto Intelligence
- Amidst recent market volatility, a Bitcoin rebound to $71,000 could trigger substantial liquidations, estimated at $1.38 billion. This follows a $409.51 million liquidation event after Bitcoin's 3.33% decline to $68,507 on June 7. Despite previous optimism, traders anticipate potential price declines as many short positions remain open.
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Jun / 09
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- Top 3 Meme Coins to Buy with More Buzz than Bitcoin this Weekend
- Jun 09, 2024 at 09:09 pm Coingape News Media
- The crypto market has corrected, particularly impacting meme coins. DOGE, SHIB, and PEPE experienced losses, while TRUMP rallied by 2.54%. DOGE corrected to $0.1449, testing support at $0.122. PEPE faced a 28% decline to $0.0000123 after reaching a high of $0.00001725. TRUMP has sustained its uptrend, supported by a recent whale purchase.
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- Bitcoin: A Liquidation Risk Of 1.38 Billion Dollars
- Jun 09, 2024 at 09:19 pm Cointribune EN
- The Bitcoin market faces a potential liquidation crisis, with $1.38 billion in short positions vulnerable to liquidation if the cryptocurrency rebounds to $71,000. This situation reflects the high-risk nature of cryptocurrency trading, as recent economic reports and market uncertainty triggered a decline in Bitcoin's value, causing liquidations across various cryptocurrencies. Traders have grown pessimistic about a rapid Bitcoin recovery, with short positions indicating anticipation of further price declines. Despite significant inflows into Bitcoin exchange-traded funds, sales across the broader ecosystem have prevented sustained growth beyond March's highs.
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- 10 Top Cryptos Which Outperformed Bitcoin This Year
- Jun 09, 2024 at 01:19 am Coingape News Media
- Despite Bitcoin's dominance in the crypto market, over 23 other cryptocurrencies have yielded higher returns year-to-date. These include meme coins like Dogwifhat, Pepe Coin, and Floki Inu, as well as utility tokens such as JasmyCoin, Axie Infinity, and STEPN.
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- Why Did Bitcoin Collapse Again?
- Jun 09, 2024 at 01:14 am Cointribune EN
- The US employment data, released on Friday, revealed a robust economy with 272,000 jobs created in May, exceeding expectations. This has sent shockwaves through the crypto market, leading to a steep decline in Bitcoin and altcoin prices. Investors anticipate that strong job growth will delay interest rate cuts by the Federal Reserve, which has discouraged profit-taking and contributed to the market downturn.
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- Bitcoin Cash, Dogecoin See Mass Exit of Investors to $MBAG Amid $0.25 Price Projection After Burn Events
- Jun 09, 2024 at 12:19 am Crypto News Land
- Amidst market challenges, Bitcoin Cash (BCH) and Dogecoin (DOGE) investors are seeking alternatives. MoonBag Coin (MBAG) emerges as a promising option with its presale exceeding $1.6 million and projected value appreciation. Its focus on liquidity, staking incentives, and secure transactions make it an attractive investment, especially as BCH faces scalability issues and DOGE grapples with inflation concerns.
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Jun / 08
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- 2024 Profit Engines: Bitcoin Cash, PEPE, And DTX Draw The Biggest Market Attention
- Jun 08, 2024 at 04:09 pm TheCoinrise Media
- In the fluctuating crypto market, Bitcoin's dominance remains influential, but 2024 witnessed the emergence of promising challengers: Bitcoin Cash (BCH), Pepe Coin (PEPE), and DTX Exchange (DTX). BCH's impressive surge in 2024 attracted investor attention, while PEPE experienced remarkable growth as a popular meme coin. DTX Exchange, with its innovative DeFi solutions and promising presale performance, has garnered substantial interest and is poised to become a significant contender in the upcoming crypto bull run.
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- Bitcoin return to $71K would wipe $1.38B shorts
- Jun 08, 2024 at 03:59 pm Cointelegraph
- Amidst economic uncertainty, Bitcoin (BTC) plunged by 3.33% to $68,507, triggering concerns of liquidations. If BTC recovers to $71,000, approximately $1.38 billion in short positions could be wiped out, potentially resulting in a significant market impact.
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- Crypto Market Selloff: Here’s Why Bitcoin, ETH, SOL, XRP, DOGE Slips Today
- Jun 08, 2024 at 02:07 pm CoinGape
- Cryptocurrency market plunged today, with major coins like Bitcoin, Ethereum, and others experiencing significant losses. The selloff was triggered by stronger-than-expected U.S. job data, diminishing hopes for a potential interest rate cut by the Federal Reserve. The decline led to liquidations exceeding $400 million, impacting the broader market and driving the global crypto market cap down by 3.47%.
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