Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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May / 29
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- Trader nets 419X profit by selling SHIB after 3-year hold
- May 29, 2024 at 08:18 pm TheBitTimes
- A Shiba Inu (SHIB) trader has turned a long-term investment into a massive profit by selling their SHIB holdings for 278.7 ETH, equivalent to around $1.1 million. The trader's initial investment of 2 Ethereum (ETH), worth around $2,625 at the time of purchase in 2021, has resulted in a substantial 419x return. The transaction was executed using a Maximal Extractable Value (MEV) bot, a unique feature of the Ethereum network that allows traders to maximize profits by reordering transactions within a block.
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- Dormant ‘Diamond’ Hand Shiba Inu Trader Prints 419X Gain After Holding for 3.5 Years: Lookonchain
- May 29, 2024 at 08:00 pm TheBitTimes
- A long-term Shiba Inu (SHIB) holder has reaped substantial profits after selling the memecoin, according to on-chain data from Lookonchain. The investor purchased 48 billion SHIB for $2,625 in February 2021 and recently sold their holdings for $1.1 million, resulting in a 419x return.
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- Top Crypto Price Prediction: Solana (SOL) to Pump 3X While New Pepe Coin (PEPE) Alternative Jumps 35X
- May 29, 2024 at 05:09 pm Crypto News Land
- Amidst market volatility, Solana (SOL) emerges as a top performer with a predicted 3x surge. Retik Finance (RETIK), a strong DeFi alternative to Pepe Coin (PEPE), has gained significant momentum with exchange listings and a 20x price increase since its launch.
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- Trader Loses Over $1 Million in Normie Meme Coin EXploit
- May 29, 2024 at 05:20 pm BitcoinWorld
- A trader has incurred losses exceeding $1 million after an exploit involving Normie (NORMIE), a meme coin native to the Base blockchain. Despite assurances from the Normie team to compensate holders with a new token and donations, the incident highlights the volatility and potential risks associated with meme coin trading, where some traders leverage the unpredictable nature of these assets for substantial profits.
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- XRP rises, Pepe surges, as new GameFi memecoin gains traction
- May 29, 2024 at 04:24 pm crypto.news
- XRP, Pepe (PEPE), and Rebel Satoshi Arcade (RECQ) emerge as promising cryptocurrencies amid market momentum. XRP's modest increase signals potential growth as it navigates a legal battle. PEPE prepares for another surge, while RECQ gains traction with its GameFi, NFT, and meme integration, attracting investors in its rapidly selling out presale.
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- Ripple Poised for Massive Breakout as Analyst Says XRP Market Cap Could Hit $3 Trillion: Here’s Their Outlook
- May 29, 2024 at 02:42 pm Captain Altcoin
- Ripple (XRP) is poised for a potentially massive breakout as the crypto market anticipates a major move before November. Analysts are closely monitoring XRP's price action, with some predicting a moonshot to a $3 trillion market capitalization. This bullish outlook is supported by XRP's current position within "The White Channel," a formation that suggests a breakout point at $287 billion market cap.
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- XRP vs. Dogecoin: A Battle for the 7th Largest Cryptocurrency
- May 29, 2024 at 03:34 pm Crypto News Land
- Amidst the crypto market's effervescence, speculation abounds on Dogecoin's potential to leapfrog XRP in market cap. Dogecoin, currently boasting a market cap of over $24 billion, is on a bullish trajectory, while XRP's $30 billion market cap shows signs of decline. For Dogecoin to challenge XRP, it must attain a market cap of $29 billion, which would require its price to hit $0.20. The ongoing price action and growing demand for meme coins support this potential, positioning Dogecoin as a contender for the 7th largest cryptocurrency spot.
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- The NeXt Top Cryptos to Pump, BNB, KangaMoon, Dogecoin
- May 29, 2024 at 02:26 pm Coinpedia Fintech News
- The cryptocurrency market is poised for a bullish run, with Binance Coin (BNB), Dogecoin (DOGE), and KangaMoon (KANG) emerging as potential top performers. BNB, buoyed by its expanding ecosystem, has embarked on an upward trajectory. DOGE, a leading memecoin, has also seen a price surge. However, KANG, a presale-stage project with innovative Social-Fi elements, has stolen the limelight with a remarkable 400% growth and is projected to skyrocket by 100x upon launch.
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- Trader Loses Over $1 Million in Normie Memecoin EXploit
- May 29, 2024 at 12:00 pm Crypto Intelligence News
- A trader lost over $1 million in the Normie memecoin exploit, as the investment nosedived from $1.16 million to a mere $150, triggered by a smart contract vulnerability that siphoned $41.7 million from the memecoin's market capitalization in just three hours. Following the hack, social media scams emerged, exploiting the incident to deceive Normie holders. Despite the substantial loss, memecoin trading remains popular, with traders continuing to invest in animal-themed cryptocurrencies like Pepe, which recently reached a new all-time high.
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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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