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Dogecoin: AI Sets DOGE Price For October 15, 2024


by Sahana Kiran
for Watcher.Guru
Dogecoin: AI Sets DOGE Price For October 15, 2024

The entire cryptocurrency market was painted red, and the OG meme cryptocurrency Dogecoin (DOGE) wasn’t spared either. The asset’s journey towards $0.20 was disrupted as it dipped to a low of $0.106. At press time, the asset was trading around the same level, with a 4.11% drop over the past 24 hours.

Also Read: Ripple: Here’s How To Be A Millionaire With XRP By 2028

Source

Amidst this, IntoTheBlock revealed that Dogecoin whales were on a buying spree. These big buyers have purchased over 2 billion DOGE in the last week. This accumulation is worth $200 million based on the asset’s current price.

This implies that major Dogecoin investors are putting their money on the meme coin’s potential recovery in a long-term manner. This indicates that they believe there is a chance for a significant increase. In the past, whale investments in Dogecoin have frequently signaled an impending price spike.

In addition, the community sentiment of Dogecoin remained positive. CoinMarketCap’s Community Sentiment revealed that 80% of 10762 individuals believe that DOGE will witness a spike in its price. 20% of the crowd were being bearish and were hoping for a drop in price.

Source

Also Read: How to Move Ton from Coinbase Wallet to TonKeeper?

Dogecoin Mid-October Prediction

Data from Changelly revealed that the asset will remain rather dull over the next couple of days. The firm further believes that DOGE will trade around $0.107121 on October 15. It looks like the major spike in large transactions has barely made any difference to the price of the meme coin.

Source

Despite this, more than 50% of the asset’s holders were seen in a profitable zone. To be precise, 69% of holders which translated to 244,000 addresses were reaping profits.

Also Read: Top Crypto ETFs to Buy in October: Maximize Your Gains

Read the article at Watcher.Guru

Read More

Dogecoin Prediction: How High Can DOGE Go in July?

Dogecoin Prediction: How High Can DOGE Go in July?

Dogecoin is sitting quietly at a crucial support level, but the daily chart hints tha...
Dogecoin bleeds 14% in June with $132 mln in unrealized losses – What now?

Dogecoin bleeds 14% in June with $132 mln in unrealized losses – What now?

DOGE short traders continue to hold their positions despite accumulating significant ...

Dogecoin: AI Sets DOGE Price For October 15, 2024


by Sahana Kiran
for Watcher.Guru
Dogecoin: AI Sets DOGE Price For October 15, 2024

The entire cryptocurrency market was painted red, and the OG meme cryptocurrency Dogecoin (DOGE) wasn’t spared either. The asset’s journey towards $0.20 was disrupted as it dipped to a low of $0.106. At press time, the asset was trading around the same level, with a 4.11% drop over the past 24 hours.

Also Read: Ripple: Here’s How To Be A Millionaire With XRP By 2028

Source

Amidst this, IntoTheBlock revealed that Dogecoin whales were on a buying spree. These big buyers have purchased over 2 billion DOGE in the last week. This accumulation is worth $200 million based on the asset’s current price.

This implies that major Dogecoin investors are putting their money on the meme coin’s potential recovery in a long-term manner. This indicates that they believe there is a chance for a significant increase. In the past, whale investments in Dogecoin have frequently signaled an impending price spike.

In addition, the community sentiment of Dogecoin remained positive. CoinMarketCap’s Community Sentiment revealed that 80% of 10762 individuals believe that DOGE will witness a spike in its price. 20% of the crowd were being bearish and were hoping for a drop in price.

Source

Also Read: How to Move Ton from Coinbase Wallet to TonKeeper?

Dogecoin Mid-October Prediction

Data from Changelly revealed that the asset will remain rather dull over the next couple of days. The firm further believes that DOGE will trade around $0.107121 on October 15. It looks like the major spike in large transactions has barely made any difference to the price of the meme coin.

Source

Despite this, more than 50% of the asset’s holders were seen in a profitable zone. To be precise, 69% of holders which translated to 244,000 addresses were reaping profits.

Also Read: Top Crypto ETFs to Buy in October: Maximize Your Gains

Read the article at Watcher.Guru

Read More

Dogecoin Prediction: How High Can DOGE Go in July?

Dogecoin Prediction: How High Can DOGE Go in July?

Dogecoin is sitting quietly at a crucial support level, but the daily chart hints tha...
Dogecoin bleeds 14% in June with $132 mln in unrealized losses – What now?

Dogecoin bleeds 14% in June with $132 mln in unrealized losses – What now?

DOGE short traders continue to hold their positions despite accumulating significant ...