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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- 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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- 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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- DOGEcoin (DOGE) and Shiba Inu (SHIB) are losing their appeal as traders seek out tokens with utility
- Jul 08, 2024 at 02:59 pm ETHNews
- The latest bull cycle has introduced Rollblock, a utility token that is eclipsing meme coins like Dogecoin and Shiba Inu. Rollblock's GambleFi platform provides a fusion of traditional casino games and blockchain technology, offering fairness and transparency. Its $RBLK token facilitates transactions, payments, and interactions, while also rewarding holders with passive income through a Hold-to-Earn program and a strategic buyback and burn mechanism. Analysts predict an exceptional 880% return during the presale and a potential 100x surge upon launch on major exchanges, making Rollblock an attractive investment opportunity that surpasses the fading allure of meme coins.
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- What is the Best Crypto To Buy for Big Gains in July: Polygon, DOGEcoin, or KangaMoon?
- Jul 08, 2024 at 01:39 pm CoinPedia News
- Polygon, Dogecoin, and KangaMoon are poised for significant gains in July. MATIC faces bearish pressure while Dogecoin enters a buy zone, indicating a potential 50% price increase. KangaMoon, defying the market correction, has surged 150% and is expected to rally another 100%, making it the most lucrative investment option in July. Its Social-Fi framework provides passive income opportunities through social media engagement.
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- DOGEcoin Price Recovery May Stall: Resistance Levels to Watch
- Jul 08, 2024 at 01:28 pm NewsBTC
- Dogecoin (DOGE) continues to face resistance in its recovery attempts, struggling to breach the $0.1150 level. Consolidation is underway, with potential for further losses below $0.100. Resistance persists at $0.1150, while a short-term bearish trend line has formed at $0.1050. Bullish momentum requires a settlement above $0.1080 and $0.1150, while failure to gain momentum could lead to a downward trend with support at $0.100 and $0.0950.
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- Shiba Inu (SHIB) and DOGEcoin (DOGE) Among Top Crypto Laggards as Market Sees Severe Downturn
- Jul 08, 2024 at 01:17 pm U.Today
- Amidst bearish market conditions, major cryptocurrencies like Dogecoin and Shiba Inu have suffered notable losses. Factors contributing to the downturn include repayments by defunct exchange Mt. Gox, ongoing Bitcoin sales by the German government, and sustained negative sentiment. Despite the bearish outlook, optimism lingers within the options market, with analysts forecasting Bitcoin's potential upside in the long term.
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- New Solana Memecoin Trump the Felon (TRUMPFEL) Explodes 11,100% and Will Surge 18,000% Before KuCoin Listing, While SHIBA, BONK and DOGE Lag
- Jul 08, 2024 at 11:49 am Crypto Intelligence
- Trump the Felon (TRUMPFEL), a newly launched Solana memecoin, presents an enticing investment opportunity with its potential for a significant surge in value. Early investors who acquired TRUMPFEL anticipate substantial returns, as the memecoin prepares to be listed on the prominent centralized exchange KuCoin, providing a gateway for millions of new investors to join the TRUMPFEL community.
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- Major DOGEcoin Holder Transfers 400 Million DOGE to Binance Amid Market Turmoil
- Jul 08, 2024 at 03:09 am Crypto Intelligence
- A major Dogecoin (DOGE) holder sparked a sell-off by transferring 400 million tokens to Binance, plunging the memecoin below $0.1. Despite briefly withdrawing 50.4 million DOGE, the whale still holds a substantial 379.8 million tokens, hinting at a strategic shift or uncertainty amid broader market turmoil. Liquidations and flash crashes have further pressured DOGE, with analysts speculating on potential support levels and accumulation trends.
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