Dogecoin Now Ranks Top 10 Most Bought Token by BSC Whales

Data from WhaleStats shows DOGE coin is now one of the ten most purchased tokens on the BSC network. BSC whales are less aggressive when compared to ETH whales that almost traded $1 billion in 24 hours.

Timeline of Bowscoin, Dogecoin

The crypto space has been doing very poorly as of late. The prices of several leading digital currencies – including Dogecoin, a popular meme currency created by Jackson Palmer – have fallen into the doldrums, but this isn't swaying many industry heads, and people like Elon Musk – the South African billionaire behind companies like.

Dogecoin (CRYPTO: DOGE) traded 1.7% higher at $0.07 over 24 hours leading up to early Monday morning. Dogecoin Price Performance Time-frame % Change (+/-) 24-hour 1.7% 24-hour against Bitcoin -1.6% 24-hour against Ethereum 1.8% 7-day 1.9% 30-day 16.8% YTD performance -61.7% See Also: How To Get Free NFTs The DOGE Factors DOGE was not among the most-mentioned coins on Twitter at press time, according to Cointrendz The 24-hour trading volume for Dogecoin rose 7.2% to $303.06 million, according to CoinMarketCap Coinglass data indicated that $794,410 worth of DOGE were liquidated over 24 hours as the price of the meme coin rose DOGE's relative strength index was at 49.84 at press time, according to TradingView.

Dogecoin (DOGE/USD) is one of the most popular meme-themed cryptocurrencies out there, created as a joke from the famous “doge” meme, which featured a Shiba Inu dog on the logo.

The number of daily transactions on the Dogecoin (CRYPTO: DOGE) blockchain surged to a one-year high of 74,986 on Sunday. What Happened: According to blockchain data from BitInfoCharts shared by Dogecoin creator Billy Markus on Twitter, the number of DOGE transactions saw a massive spike on July 17.

Everyone knows meme tokens ride on their popularity, celebrity influence, press endorsement, and FOMO. So naturally, you will expect them to suffer the effects of inflation.  However, some meme tokens seem to have great promise based on current inflation crypto market analysis. First, we need to understand inflation's meaning.

Dogecoin price analysis is bearish today as we have seen a strong push higher and a new local higher high set at $0.065. Therefore, DOGE/USD should continue retracing later today and start the next week with a retest of the $0.0625 mark as support.

This article was originally published May 2021. Jenny Ta, the founder and CEO of CoinLinked.com, shared her thoughts about the future price of Dogecoin (CRYPTO: DOGE) Friday on Benzinga's YouTube show "Power Hour.

There has been a long ongoing lawsuit between Ripple (XRP) and the United States Securities and Exchange Commission (SEC). Throughout the case, Ripple's native token, XRP, has not seen any progressive growth.

Dogecoin (DOGE) is in a downward correction as it trades just above the $0.060 support level. Over the past five days, the DOGE price has fluctuated between $0.061 and $0.064 price levels.

Dogecoin price analysis is bullish today as the market looks set to continue its move higher. After breaking out of a descending triangle pattern, DOGE/USD has found support at $0.502 and looks poised to move higher in the near term.