Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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May / 31
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- PEPE Experiences a 15% Drop After Recent ATH Movements
- May 31, 2024 at 11:09 am COINTURK NEWS
- Despite a recent surge that elevated Pepe (PEPE) to the top 20 cryptocurrencies, the asset has experienced a post-all-time high correction of 15%. This downturn has resulted in PEPE being overtaken by Litecoin (LTC) in the rankings, dropping it to 21st place. However, PEPE remains the most profitable meme coin, boasting an investor profitability rate of over 90%, outperforming competitors like Dogecoin (DOGE) and Shiba Inu (SHIB).
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- PEPE’s Rollercoaster Ride: 13% Drop Post Rally, Holders Still Profit
- May 31, 2024 at 08:49 am Crypto News Land
- PEPE has outperformed competitors with a remarkable 90% return in the past month, leading to 96% of holders experiencing profits. Despite a recent price decline, PEPE remains a market force, with a 116% surge in 24 hours and a 300% increase over 90 days. Its dominance among meme coins is evident, and its strong market presence, supported by bullish projections and robust trading volume, suggests continued success.
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- Pepe Whale Profits Nearly $5 Million Despite Token’s Price Drop
- May 31, 2024 at 05:15 am The Crypto Times
- Despite a recent 17% token crash, a large Pepe token whale has sold $9.52 million worth of PEPE tokens, resulting in a $5 million profit. Crypto analyst Davie Satoshi suggests that PEPE may be in wave 4, a period of market uncertainty with unpredictable price fluctuations. Satoshi cautions against trading during wave 4 due to its high unpredictability. While memecoins like Pepe offer potential for high returns, they also carry significant risks, and investors should approach them with caution.
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- PEPE Crypto Drops Nearly 23% From Its Peak, What’s Next?
- May 31, 2024 at 02:34 am Thecoinrepublic.com
- PEPE, the frog-themed cryptocurrency, has undergone a moderate price correction of 23% from its peak, creating a potential buying opportunity for investors. Despite the correction, Pepe has delivered significant returns, with one investor turning a $462 investment into $3.4 million and another realizing a 52% profit on a $9.52 million investment. PEPE's popularity stems from its ERC20 token status, Ethereum ETF approvals, and integrations on platforms like Nexo, making it easily accessible through Apple Pay and Google Pay.
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May / 30
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- 96% of PEPE holders are in profit despite recent Drop
- May 30, 2024 at 10:54 pm Todayq News
- The meme coin PEPE has emerged as the most profitable cryptocurrency among its peers, experiencing a 900% surge in value year-to-date. This meteoric rise has resulted in 96% of PEPE holders realizing profits, making it the most lucrative major meme coin.
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- Dogecoin (DOGE) Price Drops 4% Amid Meme Coin Slump, What’s Behind The Underperformance?
- May 30, 2024 at 06:12 pm CoinGape
- Amidst a general slump in the meme coin market, Dogecoin (DOGE) has underperformed, dropping 4% to below $0.16 in the past 24 hours. Despite key resistance levels and a recent purchase of 2 million DOGE call options, demand for Dogecoin has declined, as evidenced by a decrease in daily addresses and new address creation for trading DOGE.
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May / 29
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- Dogecoin Faces Notable Price Drop
- May 29, 2024 at 04:54 am BH NEWS
- Dogecoin (DOGE) experienced a significant 5% price drop on May 28, reaching a low of $0.16192. The decline was steeper than the broader cryptocurrency market's loss of 1.47%, following a 3.2% dip in Bitcoin. Factors contributing to DOGE's fall include a 37% decrease in open interest and a drop in funding rates, indicating bearish sentiment among investors. Whale activity has also increased, suggesting institutional profit-taking. A bearish divergence between DOGE's price and its RSI signaled weakening momentum, prompting further selling. Investor actions suggest the price may face further declines, with support at $0.165 and major support at the 50-day SMA of $0.10.
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- Dogecoin Experiences Significant Price Drop
- May 29, 2024 at 04:54 am COINTURK NEWS
- Dogecoin (DOGE) faced a 5% price drop on May 28th, reaching an intraday low of $0.16192, exceeding the broader crypto market's decline. This downturn follows Bitcoin's 3.2% drop and aligns with a 37% decrease in futures contracts' open interest, indicating bearish investor sentiment. Whale activity, characterized by large DOGE transactions of $100,000 or more, has surged, suggesting institutional investors are cashing out profits, contributing to the correction.
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May / 28
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- Developers Sell PEPE Tokens, Price Drops
- May 28, 2024 at 07:34 pm BH NEWS
- Due to a significant sale of PEPE tokens by its developer team, the token's price has plunged 4%, reversing its upward trend. The sale, which followed a 130% price surge last month, raised concerns about the developers' intentions and the potential impact on investor confidence. As of writing, PEPE's price had dropped 3.67% to $0.00001636, indicating the need for investors to carefully consider the timing and implications of such sales when making investment decisions.
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- Binance Sees Enormous Volume Drop: What's Happening?
- May 28, 2024 at 05:54 pm U_Today
- Binance trading volume has plummeted due to a decline in bot trading activity. Key assets have lost 70-95% of their volume. Potential reasons include bot malfunctions, technical issues, exchange policy changes, or API restrictions.
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