• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Dogecoin Attracts Analyst Attention Due to Improved Long-Term Prospects

user avatar

by Giorgi Kostiuk

a year ago

Dogecoin has shown notable resilience recently, maintaining a stable price range and attracting analysts due to improving technical conditions.

Surge in Large DOGE Transactions

Recent days have seen an increase in large Dogecoin transactions exceeding $100,000 and $1 million. Data from Santiment highlights an increase of 240 million DOGE for such transactions in December.

Potential DOGE Growth

Dogecoin may benefit from technical data and futures traders' interest, with open interest reaching a new high, despite a subsequent drop.

Dogecoin Technical Analysis

Analysts see favorable conditions for Dogecoin, with independent analyst Mikybull noting a 'rising wedge' formation. Price analysis from previous bull runs shows similarities to current conditions.

"$DOGE is about to pull another god candle to $1."Mikybull

Dogecoin shows growth signals, attracting analysts' attention. However, like any other market, it requires caution from investors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Tariffs and Japanese Bond Yields Drive Market Volatility

chest

US President Trump's proposed tariffs and rising Japanese bond yields have contributed to market volatility.

user avatarDiego Alvarez

NEFE Coin Launches ICO with Exclusive Benefits for Early Adopters

chest

NEFE Coin has officially launched its ICO, offering early participants exclusive staking rewards and governance rights.

user avatarMaria Fernandez

Ripple and UC Berkeley Collaborate on New XRP Accelerator Program

chest

Ripple has launched the University Digital Asset Xcelerator (UDAX) at UC Berkeley, graduating nine startups focused on the XRP Ledger.

user avatarRajesh Kumar

Anthropic Addresses Security Flaws in MCP Git Server

chest

Anthropic has patched three high-risk vulnerabilities in its MCP Git server, discovered by Cyata Security, which posed risks of arbitrary file access and remote code execution.

user avatarGustavo Mendoza

Borrowing on Venus Protocol Provides Attractive Returns.

chest

Venus Protocol, the largest lending platform on BNB Chain, allows users to lend stablecoins like USDT, USDC, and DAI, earning variable APYs based on borrowing demand.

user avatarLuis Flores

Providing liquidity on PancakeSwap and Curve.

chest

Liquidity provision on PancakeSwap and Curve allows users to earn returns by adding liquidity to stablecoin pairs, with potential high yields and associated risks.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.