Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Feb / 07
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- About $1,220,000,000 in Ethereum (ETH) Has Exited Known Crypto Exchange wallets in Just Three Weeks: Analyst
- Feb 07, 2024 at 09:19 am TheBitTimes
- Crypto analyst Ali Martinez reports a substantial outflow of Ethereum (ETH) from crypto exchanges, indicating reduced selling pressure. Approximately $1.22 billion worth of ETH (510,000) has been withdrawn over the past three weeks, potentially signaling a positive sentiment among holders. Martinez also suggests that Cardano (ADA) may be entering a consolidation phase similar to its behavior in late 2020, setting the stage for a potential market rally in April 2024. Additionally, he highlights the tight trading range and potential volatility of Dogecoin (DOGE) due to the narrow squeeze in the Bollinger Bands indicator.
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- New Dogecoin wallets Surge at Record Pace While DOGE Currently Battles At This Crucial Resistance
- Feb 06, 2024 at 10:34 pm CaptainAltcoin
- The price of Dogecoin has dropped over 20% from its December peak, but on-chain data suggests a potential trend reversal is brewing. The number of new Dogecoin wallets has grown at the fastest rate in the network's decade-long history, possibly indicating a surge in grassroots activity and adoption. This influx of new users and capital could fuel network effects that typically lead to price increases, but DOGE remains range-bound for now, with analyst Yomi noting a decisive range break above $0.09 is needed for a substantial breakout.
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Feb / 06
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- Dogecoin (DOGE) Adds Over 400K wallets Amid Market Downturn
- Feb 06, 2024 at 08:30 pm BlockchainReporter
- Amidst a market downturn, Dogecoin (DOGE) has witnessed a surge in new wallet creations, reaching an all-time high of 414,000 in the past two weeks. Despite a 23% price decline, the number of wallets holding DOGE has grown by 7.2%, indicating increased interest amidst volatility. The influx of new wallets with small DOGE holdings suggests a broader diversification of participants in the Dogecoin market.
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- Market Dip? Not for Dogecoin wallets As Over 400,000 New Users Drive Frenzy Upward
- Feb 06, 2024 at 06:14 pm NewsBTC
- Despite a 23% price decline since December, Dogecoin has experienced an unprecedented boom in user adoption, with non-zero wallets growing by 7.2% since January and 86% in the past week. Factors such as Doginals, Doom integration, and Xpayments have contributed to this surge, but analysts caution that Dogecoin's inflationary model may hinder long-term price stability.
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- DOGE wallets soar at fastest rate in its history
- Feb 06, 2024 at 05:34 pm TheBitTimes
- Dogecoin (DOGE) has experienced a significant growth in the number of crypto wallets holding it, adding 413,800 new wallets in just two weeks, the highest growth rate in its history. This growth in network expansion, while yet to positively impact DOGE's price, could potentially lead to a price increase in the near future.
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- Dogecoin Adds 410K New wallets, DOGE Price To Rebound?
- Feb 06, 2024 at 04:44 pm Coingape News Media
- Amidst a 26% decline from its 2023 peak, Dogecoin (DOGE) is experiencing a surge in wallet adoption, with the addition of 413,800 wallets in two weeks. This increased adoption indicates a broader base of investors and could catalyze a price rebound in the near future.
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Feb / 05
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- Dogecoin Welcomes 890,000 New wallets in a Week, Here’s Why Analyst Predicts 25% Surge By Week’s End
- Feb 05, 2024 at 08:14 pm CaptainAltcoin
- Amidst a consolidating crypto market, Dogecoin rallies in a triangle pattern above its critical support, hinting at a bullish breakout. On-chain data reveals a surge in new addresses and active users, signaling growing adoption. Technical indicators suggest gathering upside energy, with positive RSI divergence and tightening Bollinger Bands pointing towards an imminent price surge.
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Dec / 24
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- 611 Crypto wallets with $1 Million: Dogecoin Creates a Wave of Millionaires in 2023
- Dec 23, 2023 at 06:09 pm Cointribune EN
- The surge in the crypto market has created a wave of millionaires, with Dogecoin holders reaping the rewards. In 2023, 611 crypto wallets are now home to at least $1 million worth of Dogecoin (DOGE). The value of this memecoin has soared by nearly 22% since the start of the year, making it a profitable investment for those who believed in its potential. However, the outcome is somewhat mixed, as the bullish market has also attracted speculators and created a volatile environment for crypto investors.
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Dec / 22
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- China cracks down on game coin trading, mandates CBDC wallets
- Dec 22, 2023 at 06:49 pm TheBitTimes
- Chinese regulators crack down on the online gaming sector, introducing new rules mandating that game coin trading services must use CBDC wallets. China sets spending limits and bans daily login rewards. The draft also requires providers to use real names for their RMB wallets and prohibits anonymous services. Additionally, services allowing players to exchange game coins for fiat are banned.
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Dec / 21
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- Dogecoin Millionaire wallets Remain Steady Despite Inflationary Nature
- Dec 20, 2023 at 09:44 pm COINTURK NEWS
- Despite the steady increase in Dogecoin's price of nearly 30% since the beginning of the year, the number of millionaire DOGE investors with large wallet balances has remained unchanged. This is surprising given its inflationary nature compared to other altcoins. Recent on-chain data reveals that the total number of millionaire-level DOGE wallet addresses has remained steady since December 2022, with a total of 716 recorded. As of December 20, 2023, the number has only increased by 2 wallets to 718, indicating a stable trend in millionaire DOGE investors, despite the coin's inflationary nature.
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