Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Aug / 02
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- Shiba Inu Outflow Peaks: Trillions Moved to Cold Storage In July
- Aug 02, 2023 at 02:30 am TheBitTimes
- Shiba Inu, a rising meme coin, competes fiercely with Dogecoin. The SHIB team actively engages in community projects, boosting market cap and price predictions. In a surprising turn, trader Ali reveals data showing a massive outflow of trillions of SHIB from exchanges in July. Approximately $28 million worth of SHIB has been moved into cold storage, indicating a shift towards long-term holding. This outflow peaks as investors seek to protect their investments and embrace the concept of hodling.
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- Crypto Frenzy After Elon’s Twitter Revamp: Whales Accumulate Dogecoin, Shiba Inu, and DigiToads
- Aug 02, 2023 at 03:30 am Thecoinrepublic.com
- Elon Musk's Twitter acquisition has caused a frenzy in the crypto community. The billionaire, known for his support of digital assets, is expected to use his influence to promote their adoption. Since the purchase, major cryptocurrencies like Dogecoin, Shiba Inu, and DigiToads have experienced price surges. Dogecoin, a memecoin endorsed by Musk, has seen a staggering 50% surge. This move by Musk has sparked a revamp in the market, with whales accumulating these cryptocurrencies.
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Aug / 03
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- Meme Coin Predictions: These Emerging Meme Coins are Poised to Beat DOGE, ShIB and PEPE
- Aug 03, 2023 at 12:00 am CaptainAltcoin
- With Elon Musk rebranding Twitter as "X," meme coins are making a comeback. Dogecoin surged, entering the top-10 cryptocurrencies. However, other meme coins like SHIB and PEPE are struggling. Despite this, emerging meme coins are predicted to surpass Doge, SHIB, and PEPE, gaining significant traction in recent weeks.
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- Shiba Inu: Number of Addresses Surge Prior to Shibarium Launch
- Aug 03, 2023 at 04:00 pm TheBitTimes
- According to IntoTheBlock, Shiba Inu (SHIB) addresses surged in July, growing by 115% weekly. Currently, SHIB has 3.51 million addresses, with 1.24 million being non-zero. This rise coincided with SHIB crossing the $0.000008 resistance level, prior to the launch of Shibarium. New users and funds contributed to this breakthrough.
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- Dogecoin (DOGE) Reaches 5 Million Active Address ThreShold
- Aug 03, 2023 at 08:30 pm U_Today
- Dogecoin, the meme cryptocurrency, reaches a milestone as it edges closer to five million active addresses, marking its highest number yet. While this growth signifies a growing user base and potential market activity, the lack of a solid fundamental use case raises questions about the sustainability of its success. Critics argue that its origins as a joke currency may hinder its long-term viability.
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- Meme Coin Stigma? ShIB Investors Debate Skepticism on Reddit
- Aug 03, 2023 at 08:30 pm CaptainAltcoin
- Some SHIB community members express concern over excessive hate and criticism on the r/CryptoCurrency subreddit. Debates arise regarding reasons for negativity and its impact on the project. The perception of undue criticism sparks lively online debates. Jealousy from missed SHIB gains and subreddit bias towards established coins like BTC and ETH may contribute to the skepticism. Investors debate the meme coin's future amidst the stigma and skepticism on Reddit.
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Aug / 04
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- Maker price prediction: MKR to retest $1,300, DigiToads presale bulliSh
- Aug 04, 2023 at 03:30 pm crypto.news
- Maker is bullish on the price prediction of MKR, as it plays a crucial role in decentralized finance (defi). The approval of the Enhanced DAI Savings Rate (EDSR) proposal could incentivize DAI holders, increasing demand for the stablecoin and driving MKR to new highs. Large wallets have been observed accumulating MKR, possibly due to Maker's shift to a Smart Burn Engine. Additionally, the DigiToads presale has attracted Dogecoin holders, causing DOGE to lose liquidity. A retest of the bullish trend for MKR is expected.
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- DOGE Rewards Drive Network HaShrate After The LTC Halving
- Aug 04, 2023 at 09:00 pm Coin Edition
- After the LTC halving, both LTC and DOGE miners saw a 20% reduction in daily block rewards, as shared by Shan Belew on Twitter. Despite this, DOGE's continuous block rewards system remains the primary driver for miners, contributing significantly to the network's hashrate. Both LTC and DOGE experienced price declines in the past 24 hours.
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- Altcoin Red Alert: Dogecoin(DOGE) and Chainlink (LINK) Price Could CraSh 20% In Coming Weeks
- Aug 04, 2023 at 10:00 pm CoinPedia News
- Altcoin market faces red alert as Dogecoin (DOGE) and Chainlink (LINK) prices could crash 20% in coming weeks. The fate of altcoins hinges on Bitcoin's next major move. If bearish sentiments prevail, altcoins may drop further alongside Bitcoin. Conversely, altcoins may also plummet if Bitcoin's price suddenly skyrockets. However, if Bitcoin's price and dominance continue to decline, the alt season could witness astronomical gains. Stay cautious amidst the volatile altcoin market.
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- Dogecoin: BeariSh Momentum May PuSh Price to $0.06
- Aug 04, 2023 at 10:30 pm TheBitTimes
- Dogecoin's price momentum has been bearish in 2023, with a meager 5.7% growth compared to Bitcoin's impressive 76% rally. Despite sporadic spikes fueled by Elon Musk's actions, the memecoin has struggled, hitting lower lows throughout the year. Even the sudden rally in April was due to Twitter changing its logo to the Doge symbol. As Dogecoin nears a milestone with 5M active addresses, it remains to be seen if any catalyst can push its price higher.
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