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Cryptocurrency News Articles
Dogecoin Price Eyes Double-Digit Surge This Week, Analysts Predict a Rally to $1 or Even $36
Jan 04, 2025 at 12:00 pm
Crypto analyst KrissPax has drawn the community's attention to a bullish pattern that has formed for the Dogecoin price.
Crypto analyst KrissPax has highlighted a bullish pattern that could lead to a double-digit price increase for Dogecoin.
After breaking out of a 2-week descending wedge, the analyst predicts a retracement followed by a bullish reversal as DOGE rallies back above $0.40.
This price level marks the first phase of Dogecoin's bull run, with a potential rally to its all-time high ($0.74) and eventually the anticipated $1 level.
In another post, KrissPax notes that Dogecoin has completed a re-test on an upward-sloping resistance line, indicating a 6% gain in 2025 with an anticipated continuation higher.
The chart suggests a potential rally to as high as $2.
Crypto Whales are also anticipating a rebound for Dogecoin, with a 41% surge in large transactions (>$23 billion) being reported by Bitcoinist.
This surge indicates an accumulation trend among DOGE Whales, which could contribute to the price recovery.
Crypto analyst Master Kenobi predicts a major pump for Dogecoin this week, highlighting the lack of indicators for the massive price surge that occurred 258 days after the Bitcoin Halving.
If history repeats, the analyst anticipates Dogecoin to reach at least $1.2 this week, with an “ultra-optimistic” scenario suggesting a price of $3.4.
Another crypto analyst, Dima James, has provided a bullish outlook for Dogecoin, predicting that it could cross the $11 mark by the end of the year.
Based on historical trends, the analyst suggests a possibility of the meme coin reaching as high as $23 or even $36.
At the time of writing, Dogecoin is trading at around $0.34, up over 3% in the last 24 hours, according to data from CoinMarketCap.
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- PNG’s first book on blockchain technology to be launched this month
- Jan 06, 2025 at 02:50 pm
- By Lorraine JimalAfter five years of researching and gathering information on blockchain technology, Peter Kinjap will publish his first book titled “Bitcoin Dream – Hope, Hype, and Chaos this month.Mr. Kinjap was inspired by the topics discussed at the 2018 Asia Pacific Economic Cooperation Summit in Port Moresby and wrote the book targeted towards policy makers, parliamentarians, and students.The book provides a groundbreaking exploration of cryptocurrency from the perspective of Papua New Guinea and other emerging economies.It unpacks the rise of Bitcoin, its revolutionary potential, and the challenges and opportunities of adopting unique circumstances.The book also delves into the transformative promise of cryptocurrency, examining how it can offer financial inclusion, transparency, and economic empowerment.Kinjap encourages young minds in the country to read about Blockchain, Crypto, and Bitcoin as these are the future.He emphasized the importance of distributing the book to schools to enhance better understanding of Bitcoin for financial inclusion, low-cost borderless payments and unbanked populations in rural areas.The book is currently available for purchase at K250 per copy.Kinjap is a graduate of the University of Papua New Guinea in Psychology and Information Communication Science. He also holds a postgraduate degree in Tourism from the University of the South Pacific in Fiji.Kinjap hails from Kaguel Valley of Tambul Nebilyer District, Western Highlands, Papua New Guinea.He is now a satisfied man who will publish his first book “Bitcoin Dream – Hope, Hype, and Chaos” on the 28th of this month.“I feel that the Government can buy this book to distribute to all schools in the country as an awareness and to all public servants and people in authority as an awareness on the subject so PNG can accept Bitcoin for financial inclusion, low-cost borderless payments and for unbanked populations in the rural areas.“Bitcoin can fix PNG’s forex issues by reducing currency volatility and exchange rate fluctuations, improved access to global markets, financial inclusion, and lowering transaction fees,” he said.
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- Pepeto: A New Meme Coin Combining the Appeal of Meme Coins With Genuine Utility
- Jan 06, 2025 at 02:50 pm
- The memecoin project aims to transform cross-chain functionality while fostering a strong community. With features like zero-fee trading, blockchain bridge technology, and a staking program, the project represents a unique blend of accessibility and practical value.
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- Dogecoin: From Meme Coin to Serious Contender in the World of Cryptocurrency
- Jan 06, 2025 at 02:50 pm
- Dogecoin, the cryptocurrency that started as a joke, is now making serious waves in the digital asset world. Initially known for its playful Shiba Inu logo and vibrant online community, Dogecoin is evolving beyond its meme origins.