BTX Trader has launched Celery, the new product that offers the fastest way to buy bitcoin and dogecoin.
The Dogecoin price has corrected over 17% this week, testing the critical $0.20 support level amid broader crypto market uncertainties.
Dogecoin struggles in a correction phase with declining price and network activity. Despite short-term bearish trends, DOGE maintains strong fundamentals with potential catalysts ahead.
A large DOGE transfer to Binance coincided with a 13% decline in DOGE price and a broader 15% drop in the meme coin market.
Dogecoin (DOGE) is expected to skyrocketed almost 10% in the near future, claims crypto analyst Ali Martinez.
Dogecoin price has been consolidating between $0.39–$0.48 with patterns resembling its behavior before the 8,000% rally in 2021.
The Dogecoin traders have been facing major heat amid strong market liquidations. The 24-hour liquidation for DOGE has crossed $11.89 million, of which, $10 million is in long liquidations and $1.89 million in short liquidations.
Dogecoin price has significantly underperformed other meme coins in the recent past led by Shiba Inu, Pepe, Floki, and Bonk, among others.
Dogecoin (DOGE) price rallied above 20 cents for the first time in more than two years, thus indicating strong conviction from investors on dog-themed meme coins.
Dogecoin’s daily trading volumes surged by a staggering 50% to $3.17 billion as DOGE price clocks nearly 50% gains over the past week.
The rebranding of Twitter as X is part of Musk’s vision to create an “everything app” like WeChat.
Although Musk sometimes makes public statements about crypto in general, his continued interest in DOGE has drawn up speculations.
Dogecoin has one of the most dedicated communities in the industry and riding on the backing from Elon Musk, chances are that the coin will experience extreme volatility in the coming year.
Dogecoin price benefited largely from the Elon Musk Twitter takeover, as the billionaire now looks to take company private.
The decision to register the trademarks is just another step of the non-profit organization to increase advocacy for the meme coin.
The Elon Musk announcement that Tesla will accept Dogecoin as merchandise payment has sent the meme crypto’s price surging by 25%.