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Dogecoin Holders Cross 5 Million, Catalyst For Price To Reach $0.1?

www.newsbtc.com

Dogecoin holders just surpassed 5 million addresses this week, a huge milestone for the meme cryptocurrency. According to data from on-chain analytics platform IntoTheBlock, Dogecoin addresses have been growing steadily since the beginning of the year.

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Bitcoin DOGE
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Timeline of Dogecoin


Dogecoin Price Prediction: DOGE/BTC Needs To Breakout ASAP - InvestingCube

Dogecoin price is on the move once again as the Bitcoin price broke above $38,000 on Tuesday. Consequently, the memecoin was up 2.5% as the crypto markets looked poised to set new yearly highs fueled by all sorts of positive news.


‘Dogecoin May Not Be the Best Performing Assets' Says an Analyst, Will DOGE Price Miss the Boat? - CoinPedia

The crypto markets are recovering. The prices of the majority of the cryptos have been maintaining an ascending trend. With the rise in market sentiments, it appears that the cryptos are trying hard to settle for a bullish close for the month.


The Dogecoin Surge: Unveiling The Catalyst Behind Rising Transactions - NewsBTC

In the last month, Dogecoin (DOGE) has observed a notable upswing in transactions surpassing the $100,000 mark, coinciding with a substantial surge in the price of this meme-based cryptocurrency. The abrupt increase in both transaction volume and price suggests a heightened level of interest in Dogecoin, particularly from major financial entities recognized as “whales” and institutional investors.


Dogecoin's Technical Analysis: Navigating Support And Resistance Levels - Crypto Mufasa

Examining Dogecoin's daily chart reveals a discernible descending channel pattern. The recent upward attempts encountered substantial resistance, resulting in intensified selling pressure as the channel's impact manifested.


DOGE Lunar Mission vs. SHIB AI: Cryptocurrency Futures? - Crypto Headlines

In other important news, the crypto world is responding to the conclusion of Changpeng “CZ” Zhao's time at Binance, the world's largest exchange. He agreed to plead guilty to federal criminal charges, and the resolution of the Binance investigation is viewed as a crucial step for the crypto industry's recovery.


Dogecoin Dazzle: Netflix Director's $4 Million Bet Turns Into $27 Million - NewsBTC

In an audacious financial play, Carl Erik Rinsch, the director of Netflix's sci-fi series “Conquest,” reportedly magnified a $4 million investment in Dogecoin to a whopping $27 million. This unexpected windfall is part of a larger, dramatic narrative involving Rinsch's handling of the series' budget.


Short squeeze alert for November 21: Two cryptocurrencies with potential to skyrocket - Finbold

Some cryptocurrencies have seen increased short positions in the last 12 and 24 hours. While this can signal a dominating bearish sentiment in the cryptocurrency market, relevant shorting volume can also create short-squeeze opportunities for bullish traders.


Dogecoin Metrics Signal Impending Breakout, How High Can The Price Go? - NewsBTC

Dogecoin is definitely on a rally as shown by crypto market numbers. The cryptocurrency has experienced a significant market increase amidst a wider consolidation, with the price up by 7.46% in the past seven days.


Dogecoin (DOGE) Futures Open Interest Spikes 40%, Signaling Possible Price Peak - CryptoGlobe

Over the past 24-hour period, Dogecoin (DOGE) futures contracts' open interest surged by around 40%, suggesting there's heightened risk appetite among traders in a trend that has historically signaled local price peaks in the realm of cryptocurrency markets.


Dogecoin Price Spikes Amid Astrobotic's Launch While HBAR Follows - Coingape

Dogecoin price has spiked over 10% recently as the network activity increased due to several reasons. Majorly, the rise could be attributed to the speculation that the Astrobotic lunar mission will include “Physical Dogecoins” to the moon.

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