Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 325
    CryptoMarketNewsSponsored Article

    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power

    What if the next 60x meme coin wasn’t already at the top…

    By
    Benedikt Krüger
    May 31, 2025
    image 313
    CryptoMarketNewsSponsored Article
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    May 31, 2025
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    NewsCrypto
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    May 30, 2025
    image 30 May 2025 12 40 50
    CryptoMarketNews
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    May 30, 2025
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    NewsBitcoinCrypto
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    May 30, 2025
  • Cryptocurrency
    image 325
    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power
    10 Min Read
    image 313
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    7 Min Read
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    7 Min Read
    image 30 May 2025 12 40 50
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    3 Min Read
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    5 Min Read
    Bybit MiCAR license
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Will Dogecoin Hit $1? Whale Activity Fuels Optimism
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Will Dogecoin Hit $1? Whale Activity Fuels Optimism
CryptoMarketNews

Will Dogecoin Hit $1? Whale Activity Fuels Optimism

Dogecoin DOGE and its potential rise to 1. The design includes a prominent Dogecoin log
Milena Volodina
Last updated: December 14, 2024 10:19 am
By
Milena Volodina
Published December 14, 2024
2 Min Read
Share

Dogecoin (DOGE) has garnered significant attention after large investors purchased 160 million DOGE within 24 hours. This activity follows a remarkable 350% price increase over recent years and has reignited discussions about DOGE’s potential to surpass the $1 mark.

Contents
Whale Buys Boost Market ConfidencePrice Patterns Support Bullish ExpectationsMonitoring Market Dynamics

Whale Buys Boost Market Confidence

According to analyst Ali Martinez, DOGE whales made significant purchases, acquiring 160 million DOGE in just one day. These large-scale transactions have created a positive sentiment in the market, with many investors hopeful for further gains.

From a technical analysis perspective, indicators like the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing bullish signs. The MACD line crossing above the signal line suggests a potential upward trend, while the RSI reflects a balanced market environment.

Price Patterns Support Bullish Expectations

Technical analysis also points to a double-bottom pattern in Dogecoin’s price chart, a formation often associated with sustainable bullish trends. DOGE has broken past its $0.37 support level and is now targeting $0.46, signaling growing buying pressure.

As of now, Dogecoin is trading at $0.4089, marking a 0.77% increase in the past 24 hours. The cryptocurrency’s market capitalization stands at $60.18 billion, while its 24-hour trading volume has dropped by 30.05% to $3.79 billion.

highlighting Dogecoins DOGE rise and whale activity. The design includes a bold Dogecoin logo a glowing

Monitoring Market Dynamics

While Dogecoin’s potential to reach $1 remains a hot topic, it is crucial for investors to monitor market dynamics closely. Technical indicators and whale activity will play a pivotal role in shaping the cryptocurrency’s price trajectory.

Dogecoin’s recent performance has generated positive signals for investors. However, given the high volatility of the cryptocurrency market, caution is advised. For the latest updates and in-depth analysis, stay tuned to Dey There.

Advertising

For advertising inquiries, please email . [email protected] or Telegram

XRP ETF Decision Postponed, Here is When the SEC Might Finally Approve It

China Nano Labs Begins Accepting Bitcoin – A New Era for Payment Solutions

RingOfRings: HyperCycle’s Innovative Leap in Crypto Security

How Bitcoin (BTC) Mining is Powering Europe’s Renewable Energy Revolution

Can Bitcoin Hit $200K This Year: Bitwise Thinks the Signs Are Clear

TAGGED:Cryptocurrency marketDogecoinDogecoin pricetechnical analysiswhale activity

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByMilena Volodina
Milena Volodina is a blockchain strategist and cryptocurrency expert with 9 years of experience in the industry. With a background in finance and technology, Milena has worked on numerous blockchain projects, including the development of decentralized finance (DeFi) platforms and blockchain-based financial services. Her expertise in both the technical and financial aspects of blockchain technology allows her to provide a comprehensive view of the industry. At DT NEWS, Milena offers readers expert analysis and insights into the latest trends and innovations in the blockchain and cryptocurrency world, ensuring they stay informed about key developments.
Previous Article image 100 Didn’t Make It to Pepe Coin’s Beginnings? You Can Start Over with BTFD Coin’s Red-Hot Presale
Next Article Avalanches 250 million token sale and the upcoming Avalanche9000 blockchain upgrade. The compo Avalanche Raises $250 Million Ahead of Major Blockchain Upgrade
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)