Dogecoin Sees 118% Surge In Large Transactions Over 24 Hours

Meme-based cryptocurrency Dogecoin (CRYPTO: DOGE) saw a triple-digit percentage increase in high value transactions on Monday.   What Happened: According to data from IntoTheBlock, DOGE saw a 118% increase in transactions that had a minimum value of $100,000.

Timeline of Dogecoin

As Elon Musk continues to push the memecoin genre of cryptocurrencies in different directions, it seems that Dogecoin [DOGE] has come across the wrong section of the Internet. The altcoin is now being used in unexpected and unanticipated ways.

DOGE's price could soar 20% in July due to a bullish reversal pattern that reached a profit target 79 out of a hundred times in its history so let's read more today in our latest Dogecoin news. Dogecoin looks ready to extend the rebound move despite the recent bearish market and there is a 79%

DOGE was trading higher on Monday, as prices rose to their highest level in almost 20 days. TRX was also in the green to start the week, as prices continued to climb, following a recent streak of bullish momentum. Dogecoin (DOGE) DOGE was a notable mover during today's session, as prices rose to their highest

Dogecoin price currently appears to have fallen into a deep bearish well as the past couple of hours has drained the price by nearly 9%. The descending trend is expected to continue as the bears may have extracted their profits after the bulls elevated the price in the past 24 hours. While the entire crypto …

Over the last week, Shiba Inu has seen an upwards push as the returns of the memecoin stand at 48%, while competitor Dogecoin only observes gains of about 26%. Shiba Inu Manages Double The Weekly Returns Of Dogecoin Since the market-wide crypto crash earlier in the month, both DOGE and SHIB have been trying to

Dogecoin (CRYPTO: DOGE) was trading over 7% higher during Sunday's 24-hour trading session after breaking up bullishly from a double inside bar pattern, which Benzinga predicted would happen on Thursday. The move higher also continues a solid uptrend the crypto has been trading in since bouncing off heavy support at the 5-cent mark on June 18.

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum (CRYPTO: ETH) at $10,000 or Dogecoin (CRYPTO: DOGE) at $0.50?

The price of Dogecoin (DOGE) has broken the 21-day line SMA, signalling the resumption of an upward movement. Dogecoin will come out of the downward correction if buyers push the altcoin above the 50-day line SMA. In the same way, the cryptocurrency will rise to reach the previous highs.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] managed to hold on to the $19.8k mark and even forced its snout back above the $21k mark.

A newly released report from blockchain analytics firm Elliptic says that millions worth of Dogecoin (CRYPTO: DOGE) has been used for illicit activities such as terrorism, child sex abuse material, and far-right extremism. “While the vast majority of this activity consists of fraud, scams and Ponzi schemes, it also includes the most serious types of crime, including terrorism financing and vendors of child sexual abuse material (CSAM),” the Elliptic report reads.