Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jan / 31
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- Elon Musk’s X acquires Money transMitter license, eyes payMent services Market
- Jan 31, 2024 at 05:09 am Cryptopolitan_News
- Elon Musk's X platform, formerly known as Twitter, has acquired a money transmitter license in Nevada, paving the way for the introduction of a peer-to-peer payment service. This development aligns with Musk's vision to transform X into an all-inclusive application, expanding beyond social media into financial services. The platform's financial arm, X Payments, has been registering in multiple states, indicating a strategic approach to nationwide expansion. While the integration of cryptocurrencies, such as Dogecoin, remains speculative, Musk's influence in the crypto world raises the possibility of digital currency payments on X.
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- Europe’s Oldest Crypto Fund Founder Criticizes Bitcoin as MeMe Coin
- Jan 31, 2024 at 05:04 am BH NEWS
- Justin Bons, the founder of Europe's oldest crypto fund, Cyber Capital, sparked controversy by labeling Bitcoin as a "meme coin." Citing its perceived lack of purpose, scalability limitations, and limited programmability, Bons argues that Bitcoin aligns with the characteristics of meme coins like Dogecoin, which lack substantial utility and rely on internet humor and market speculation.
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- Top three MeMe coins to consider as BONK and DOGE slides
- Jan 31, 2024 at 04:04 am CaptainAltcoin
- Amidst the decline of BONK and DOGE, analysts recommend NUGX, WEN, and FLOKI as promising meme coins for 2024. NuggetRush (NUGX) stands out with its immersive P2E gameplay, rewarding staking system, and zero-tax policy. It has experienced exponential presale growth and aims to achieve a market cap of $100 million. WEN (WEN) has gained popularity due to its NFT airdrop and lucrative trading momentum. FLOKI (FLOKI), inspired by Elon Musk's dog, has expanded into Web3 and consistently shown steady growth potential.
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- Dogecoin (DOGE) Reaches All-TiMe High in New Addresses
- Jan 31, 2024 at 04:19 am TheBitTimes
- In a significant milestone for Dogecoin (DOGE), the meme coin has achieved an all-time high in new addresses created on its network. The surge, exceeding 1,100% in the past week alone, marked a record-breaking 247,240 new addresses on January 29th. Many speculate that this influx could signal an impending rise in the value of DOGE, following a similar pattern observed in previous address spikes.
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- Dogecoin Price Prediction as Daily Trading VoluMe Surges Past $400 Million – $1 DOGE Possible?
- Jan 31, 2024 at 02:59 am Cryptonews.com
- Despite increased trading volumes, Dogecoin's price predictions remain uninspiring, hovering around $0.08. While the broader crypto market shows signs of recovery, Dogecoin faces resistance at the 50DMA and downtrend line around $0.087. To turn bullish, Dogecoin must surpass this resistance. However, assuming a continuation of the crypto bull market, Dogecoin's potential for gains in 2024 is strong, with a possibility of reaching $1 if it surpasses its 2021 market cap of $82 billion.
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- Dogecoin Holders Urged to Boost Security AMid Hacking Spree
- Jan 31, 2024 at 03:29 am Coingape News Media
- Due to Dogecoin's growing popularity, it has become a target for hackers and scammers, highlighting security vulnerabilities faced by holders. Mishaboar, a prominent Dogecoin contributor, issued a warning after a breach involving the MyDoge wallet's Twitter account, emphasizing the need for heightened vigilance and security measures to protect digital assets.
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- Dogecoin Maintains Support Level Despite Market Downturn
- Jan 31, 2024 at 02:29 am COINTURK NEWS
- Despite the recent market downturn, Dogecoin (DOGE) has maintained its support level above $0.075, indicating strong buyer interest at lower prices. The altcoin has rebounded from this level three times, suggesting positive market sentiment. The current resistance level at $0.0877 could lead to sideways trading, but the positive momentum from the market reversal and the surge in new addresses on the Dogecoin network could provide the necessary support for a sustained recovery.
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- Short squeeze alert for this week: Two cryptocurrencies with potential to Moon
- Jan 31, 2024 at 03:04 am TheBitTimes
- Following a market shift, various cryptocurrencies have experienced short squeezes. Previous instances included Bitcoin (BTC) and Curve (CRV), as identified by Finbold. Short squeezes occur when bearish sentiment drives short positions, creating high liquidity. As positions are liquidated, prices soar, triggering an upward cascade of liquidations. This week, Filecoin (FIL) stands out as the most likely squeeze candidate due to its open short interest, potentially pushing it to $5.5. In a higher time frame, Dogecoin (DOGE) has substantial short interest, targeting $0.0948 by February, potentially punishing short sellers with a 17% surge.
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- Resilience of Dogecoin AMidst Cryptocurrency Market Downturn
- Jan 31, 2024 at 02:34 am BH NEWS
- In a declining cryptocurrency market, Dogecoin (DOGE) has remained stable above a crucial support level of $0.075, indicating strong buyer support. Despite this resilience, its upward momentum is currently constrained by a resistance at $0.0877. Technical analysis suggests that a positive market sentiment persists as the 61.8% Fibonacci retracement and 200-day EMA reinforce the support level. A recent increase in the EMA slope has contributed to a 6.5% price rise.
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- Reduced ETF Buzz Leads to Drop in Bitcoin, EthereuM and Dogecoin but InQubeta Keeps Soaring
- Jan 31, 2024 at 02:09 am Cryptopolitan_News
- The cryptocurrency market has experienced significant changes in recent months, with Bitcoin (BTC) exchange-traded funds (ETFs) initially posting record returns but now declining. However, InQubeta (QUBE) has emerged as a promising investment, assisting AI-led startups in finding investors through its blockchain platform. The popularity of QUBE has led experts to include it in their lists of top cryptocurrency ICOs for 2024, with its presale already raising over $8.5 million. Additionally, BlackRock's Bitcoin ETF has crossed $2 billion in assets under management, while Ethereum developers have set a deadline for finalizing its Holesky upgrade to reduce transaction costs. Despite market volatility, analysts remain optimistic about altcoins, including InQubeta, Bitcoin, Ethereum, and Dogecoin, due to their robust growth and potential for further rallies.
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