Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Apr / 05
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- Why WIF’s 19% hike might outshine SHIB, Dogecoin in the Short term
- Apr 05, 2024 at 03:04 am AMBCrypto
- Meme coins WIF, SHIB, and DOGE have faced price declines amidst a bearish market. WIF has seen a drop in its market cap and Open Interest, potentially indicating a trend reversal. SHIB and DOGE have also experienced losses, with indicators suggesting continued downward pressure for DOGE. Despite an uptick in social popularity for SHIB, overall sentiment remains negative for both coins.
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Mar / 27
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- Dogecoin’s Performance Falls Short of Creating a Robust Ecosystem
- Mar 27, 2024 at 10:59 am BH NEWS
- Despite its leading position among meme cryptocurrencies, Dogecoin has not established a substantial ecosystem as expected. Recent announcements hinted at developments but tangible results are yet to be seen, leaving investors questioning Dogecoin's future value. The coin has recently experienced a price surge, reaching $0.181, but indicators suggest potential for further growth. However, a sell-off signal from the daily average address (DAA) difference raises concerns about a possible price decline. Should this occur, Dogecoin's value may trend towards $0.16 or even lower, impacting short-term recovery prospects.
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Mar / 13
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- Bitcoin price rollercoaster liquidates $360M from long and Short sellers
- Mar 13, 2024 at 10:04 am Cointelegraph
- In the past 24 hours, over $361 million in leveraged trades have been liquidated as Bitcoin reached an all-time high of $73,050 before falling below $70,000. The price swing primarily led to liquidated long positions, eliminating $258 million, while short sellers lost over $103 million. This marks the most significant long flush-out since March 5, when Bitcoin fell to $60,800 after reaching its previous peak of $69,000.
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Mar / 03
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- DOGE, SHIB, PEPE, FLOKI, and BONK see over $50M in Short positions liquidated in the past 24 hours
- Mar 03, 2024 at 02:29 pm Optimisus
- Meme coins, like Pepe (PEPE), have surged in value, resulting in $50 million in losses for short sellers over the last 24 hours. This price increase was fueled by over $50 million in liquidations on bets against meme coins including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). These meme coins have gained attention as indirect plays on the growth of their underlying blockchains, with Ethereum-based tokens dominating the meme trading volume and Solana-based tokens representing that ecosystem.
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Feb / 21
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- Dogecoin facing dip from $0.09 – Should traders go long or Short?
- Feb 21, 2024 at 05:34 am AMBCrypto
- Dogecoin faced a dip in price despite a significant whale transaction. Traders witnessed strong bullish intent, but the lack of volume dampened buyer vigor. The coin briefly entered the top 10 cryptos by market capitalization before Chainlink flipped it to the 11th spot, leaving Dogecoin short of reclaiming the Fibonacci retracement level.
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Feb / 11
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- Crypto Bears Demolished: $87 Million Shorts Orders Disappeared From Market
- Feb 11, 2024 at 05:39 pm U_Today
- The cryptocurrency market experienced a significant surge in short liquidations, eliminating $87 million in bearish bets. Bitcoin, Ethereum, and Dogecoin faced substantial losses, with liquidations reaching $227,000, $272,000, and $80,000, respectively. This liquidation wave potentially sets the stage for a bullish rally continuation, with Bitcoin reclaiming the $46.3K mark and demonstrating resilience in the face of headwinds.
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Jan / 31
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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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Jan / 11
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- Short squeeze alert for next week: Two cryptocurrencies with potential to skyrocket
- Jan 11, 2024 at 09:34 pm TheBitTimes
- Recent cryptocurrency market developments have ignited a bullish sentiment, with the SEC's approval of Bitcoin spot ETFs sparking a rally. Amidst this surge, traders closed significant short positions, reducing the potential for short squeezes. However, liquidity pools remain susceptible to market makers' manipulation, creating opportunities for short squeezes. Dogecoin (DOGE) and BNB Chain (BNB) exhibit potential for squeezes despite low volume, with DOGE approaching a liquidity pool above $0.086.
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Jan / 10
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- Dogecoin Creates Short-Term Bullish Pattern; Will DOGE Hit $0.1?
- Jan 10, 2024 at 08:19 am TheBitTimes
- Dogecoin's (DOGE) price plummeted after a failed breakout, finding support at a crucial technical level of $0.074. Despite a 5% surge from its recent low, analysts warn of weakness in the broader cryptocurrency market and a lack of positive momentum indicators. However, some experts predict that DOGE could potentially reach $0.1 in February 2025, contingent upon overall market conditions.
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Dec / 22
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- Short squeeze alert for December 21: Two cryptocurrencies with potential to skyrocket
- Dec 21, 2023 at 10:19 pm TheBitTimes
- Cryptocurrencies experienced a surge in derivatives volume, resulting in potential imbalances and the possibility of liquidation events. Increased short positions have been observed, which, if liquidated, could trigger a short squeeze. Meanwhile, the total market capitalization of the cryptocurrency market reached a 10-day high of $1.614 trillion, showing a 1.5% daily increase. If the market cap surpasses December's highs, high-shorted coins may face short squeezes. Traders should remain alert as the potential for skyrocketing prices looms. (155 characters)
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