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 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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May / 30
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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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- Bitcoin Price Drops After Surpassing $70,800
- May 28, 2024 at 09:01 am COINTURK NEWS
- Bitcoin's surge past $70,800 has been met with a decline to $69,700, but altcoins have remained relatively stable. Dogecoin (DOGE), hovering at $0.168, could see a boost if the CFTC deems it a commodity. CHZ Coin's performance has been lackluster but may improve with the upcoming sports season. CEEK Coin, despite Turkish interest, faces a challenging market due to diminished metaverse hype.
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May / 25
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- Dogwifhat Price Drops And Dogecoin Legal Issues Moonbag Top Crypto Presale Attracts Investors
- May 25, 2024 at 07:45 am TheBitTimes
- Recent developments in the meme coin market reveal significant bearish trends for Dogwifhat (WIF) Token, with a 7.26% price drop leading to over $1 million in liquidations. WIF faces declining market indicators, negative sentiment, whale sell-offs, and strong competition from Moonbag crypto. Dogecoin encounters legality issues and market volatility, while Moonbag's presale gains momentum with its strategic fund allocation, referral program, and projected long-term success.
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May / 07
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- Whale Alert: PEPE Price Dropped by 5% With Whale’s Quick Trade
- May 07, 2024 at 05:50 pm CryptoTale
- A Mysterious Transaction Shakes the PEPE Market A multi-signature wallet has sent ripples through the PEPE market, transferring a staggering 1.238 tri...
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- Pepe Coin: Whale Dumps 1 Tln PEPE Amid 5% Price Drop, What’s Next?
- May 07, 2024 at 12:49 pm CoinGape
- Amidst a 5% price decline, a significant 1.2 trillion PEPE tokens (valued at $10.56 million) was offloaded to Binance by a multisig wallet, triggering concerns of a price correction. The massive PEPE dump and the token's waning price trajectory have fueled bearish market sentiments, with investors speculating that PEPE's price may have reached its peak.
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May / 04
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- Shiba Inu Stands Strong: Over 650K Wallet Addresses Still Profitable Amid Recent Price Drop
- May 04, 2024 at 10:00 am NewsBTC
- Despite recent market volatility, Shiba Inu (SHIB) has demonstrated resilience with over 700 trillion tokens held by over 650,000 wallet addresses remaining profitable. This suggests unwavering confidence in SHIB's long-term value and a "Break Even Price" analysis indicates that many SHIB holders are still in the green financially, suggesting a long-term investment strategy.
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