Dogecoin

2022 - 10 - 29

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Image courtesy of "bitcoinist.com"

Why Dogecoin Price Exploded 80% Today - The 'Elon Musk Effect ... (bitcoinist.com)

Dogecoin is receiving tremendous boost from a number of positive stimulus over the last few days as it maintains its bullish momentum.

Within the day, the asset peaked at $0.145, rising by as much as 80%. Many are thinking if Dogecoin’s rally today is caused by the hype brought about by Elon Musk’s takeover of Twitter. The year 2021 was a real good one for the coin as it was able to attain a milestone value that may prove to be difficult for it to replicate now. The billionaire is a Dogecoin superfan, and even a one-word tweet about about the meme coin causes it to rise in value. [Coingecko](https://www.coingecko.com/en/coins/dogecoin), the crypto is trading at $0.134, surging by 57% within the last 24 hours. Dogecoin is receiving tremendous boost from a number of positive stimulus over the last few days as it maintains its bullish momentum.

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Image courtesy of "Axios"

What we don't know about Twitter's takeover (Axios)

It's possible — unlikely, but possible — that Elon Musk paid for a very large chunk of Twitter with billions of dollars he made investing in dogecoin, ...

But for the time being, it's pretty much a black box. - We similarly don't have any kind of cap table for Twitter — a list of its new shareholders. The bottom line: As a private company, Twitter has very few reporting obligations. We just don't know the identity of that whale. We also don't know — and will never know — just how much Musk is worth. We know this because all transactions are public on the blockchain.

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Image courtesy of "Analytics Insight"

Dogecoin price prediction - can Elon Musk & Twitter pump doge to ... (Analytics Insight)

Will Dogecoin pump to $1? This article will examine Dogecoin's potential to reach $1. Also, we will look at 7 other coins that could hit $1 which include ...

One of the energy-efficient cryptocurrencies in this crypto industry is Cardano. Shiba Inu is among the top cryptocurrencies under $1 for individuals looking to purchase a meme coin. Decentraland may be of interest to anyone wishing to make investments in the metaverse concept’s future. The actual game is based on a fantasy card game of war. This is the best time to invest in IMPT, as it has the potential to hit $1. This is extraordinary, given that Tamadoge only recently finished its pre order campaign, and 2022 has been a year of the bears. The gateway token of the Tamadoge ecosystem is accessible via the TAMA token. In addition, D2T coins have a real-world application; thus, there is a good probability that this project offers the ideal crypto to reach $1. Similar to the IMPT presale, the cost of the token, RAI, rises when more batches are sold. Holders of Dogecoin will have to wait a very long time for the coin to reach its previous highs. However, the entire cryptocurrency market needs to resume its upward trajectory for Dogecoin to reach $1. But now, the crypto industry is showing a lot of promise.

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Image courtesy of "Cryptonews"

Dogecoin Price Prediction as Price Shoots Up 100% in a Week (Cryptonews)

As Dogecoin rallies due to the hype created by Elon Musk's Twitter takeover, investors should be diligent in considering other meme coins in the market with ...

In addition, TAMA is a deflationary asset where 5% of all transactions are burned to shrink its supply further. Nevertheless, this is a crucial indicator to keep at arm's length because it could be useful for locking in the gains and avoiding sudden bull traps. Tamadoge remains the third-largest meme coin, boasting $25 million in market capitalization. Although most Dogecoin addresses are in profit, holders seem to be in for the long run. Therefore, it may be prudent for investors to book profits while scanning for new entry positions as the price moves to $1.0000. Dogecoin price has no plans of reversing the trend as long as interest in the token keeps hitting new levels. After breaking above resistance at $0.1200, highlighted by the lower gray band, Dogecoin's price could not push to highs above $0.2000. According to Dogechain, a platform focusing on powering DOGE in DeFi (decentralized finance), GameFi and NFTs – Dogecoin is fast becoming one of the most frequented blockchains in the industry. The OBV (On Balance Volume) indicator points downward, warning that volume could flip negatively, hampering price growth. A similar growth pattern, although slightly aggressive, was exhibited by the protocol's active addresses, which held at 91,100 at the time of writing. It does so by monitoring the price at which these tokens moved last compared to their current market value. According to Santiment, this metric tracks the profit or loss of DOGE holders.

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