Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Sep / 01
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- Glassnode Analyst Reveals How Memecoins Are Derailing Altcoin Season
- Aug 31, 2024 at 06:09 pm Crypto News Flash
- Bitcoin's dominance at 57.4% stalls anticipated altcoin season, while memecoins like Dogecoin and PEPE divert investment from established cryptocurrencies. This surge in memecoin popularity, spurred by Bitcoin ETFs and market trends like the rise of PEPE Token, has drained funds from Ethereum and XRP. However, analysts see the altcoin decline as a bullish signal, highlighting their undervalued state and potential for a rebound similar to Bitcoin's in 2020.
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May / 23
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- Dogecoin (DOGE) to 13x? To the Moon Prediction From Glassnode Analyst
- May 23, 2024 at 10:14 pm U_Today
- A Glassnode analyst predicts a potential 13x surge for Dogecoin, targeting a price of $2.93 based on the formation of a bullish cup and handle pattern. DOGE's current trading position above the 50-day and 200-day exponential moving averages indicates a medium- to long-term uptrend, supported by increased whale activity. However, factors such as market sentiment, resistance levels, and the limited ecosystem may potentially hinder this bullish prediction.
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