![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
암호화폐 뉴스 기사
Dogecoin (DOGE) Made an Impressive Recovery Today, Becoming the Fastest-Growing Cryptocurrency Among the Top 10 Cryptocurrencies by Market Capitalization
2025/01/15 05:28
Dogecoin (DOGE) enjoyed an impressive recovery on Monday, becoming the fastest-growing cryptocurrency among the top 10 cryptocurrencies by market capitalization. The popular meme coin surged over 10%, rising from $0.3254 to a high of $0.361.
This remarkable uptick boosted Dogecoin's market cap to over $52 billion, ranking seventh on the crypto list, according to CoinMarketCap. At the time of publication, the price was $0.354, representing an 8.36% increase and 0.4% rise in the past day and week, respectively.
Memecoins Outperform as Market Recovers
Meanwhile, the broader crypto market showed signs of recovery after a challenging week that saw major tokens like Bitcoin (BTC) and Ethereum (ETH) lose significant value.
Memecoins, however, outpaced their peers, with Shiba Inu (SHIB) climbing 4.76% to $0.00002145. Among other memecoins, Floki (FLOKI) and Pepe (PEPE) both gained 6%. Pepe's 6% rise propelled it back into the top 30 cryptocurrencies by market cap, currently being ranked 25th with an over $7 billion market valuation.
Dogecoin's resurgence followed a challenging week, during which it shed 10% of its value to a low of $0.315. The broader market dip could be attributed to profit-taking and macroeconomic concerns.
However, sentiment has shifted positively for DOGE, fueled by favorable technical signals and high-profile endorsements. After losing 28% of its market cap since its December high, signs now point to renewed optimism.
Whale Activity Signals Strength
Dogecoin also saw a significant uptick in whale activity. Large investors bought 470 million DOGE tokens over two days, from January 9 to 10, highlighting their confidence in the asset's potential.
Technically, DOGE is trading at the 50-moving average, which is acting as the nearest price resistance level to the upside. The price is, however, above the 200-moving average. The Relative Strength Index is at 52, meaning the price can rise further before any change of sentiment.
Earlier in the month, whales reportedly acquired over a billion DOGE in a single day. On derivatives markets, 81% of open interest in Dogecoin futures on Binance still remains long, suggesting bullish sentiment among traders.
Elon Musk, known for his influence on Dogecoin's trajectory, provided indirect support with a playful nod. Musk's recent posts about efficiency, aligning with DOGE-themed references, may have rekindled interest in the cryptocurrency.
With robust whale activity, optimistic technical forecasts, and recovering market sentiment, Dogecoin appears poised for further gains. As the cryptocurrency market navigates its latest rally, DOGE's performance reinforces its reputation as a dynamic asset with strong community backing.
부인 성명:info@kdj.com
제공된 정보는 거래 조언이 아닙니다. kdj.com은 이 기사에 제공된 정보를 기반으로 이루어진 투자에 대해 어떠한 책임도 지지 않습니다. 암호화폐는 변동성이 매우 높으므로 철저한 조사 후 신중하게 투자하는 것이 좋습니다!
본 웹사이트에 사용된 내용이 귀하의 저작권을 침해한다고 판단되는 경우, 즉시 당사(info@kdj.com)로 연락주시면 즉시 삭제하도록 하겠습니다.