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Leading meme currency Dogecoin has dipped close to 50% year-to-date. It stepped foot into 2025 trading at $0.31 and soared to a high of $0.42 on the heels of Trump’s inauguration in January. However, it shed most of its gains thereon and has now fallen to $0.16 on Wednesday. The relentless decline is causing distress to investors as it erased all profits it generated in less than three months. Traders who took an entry position this year are all under losses with no signs of a quick recovery. Source: TradingView Also Read: AI Predicts Ripple’s Price If Franklin Templeton’s XRP ETF Is Approved Dogecoin: Time To Buy the Dip? Source – StormGain The entire Dogecoin community is rooting for the meme currency to hit the $1 mark in the coming years. The goal is to get there during the bull run and reap the rewards that it has to offer. Despite its ups and downs, traders are holding on to the meme currency in the hopes of reaching the target someday. The timeframe could be longer th...

An Uptober bull run seems to have started early, driven by a surge across AI cryptos, meme coins, and major tokens like Solana (SOL) and Ethereum (ETH) after the Federal Reserve slashed interest rates by 50 basis points on Sept. 18. AI cryptos soared more than 8% in the last 24 hours, while the meme coin sector surged 7%, according to CoinGecko. At the same time, layer-1 tokens SOL and ETH climbed 8% and 5%, respectively, signaling growing momentum across the crypto market. Altogether, the crypto market cap climbed 2.7% to $2.21 trillion, according to CoinMarketCap. Easing Monetary Policy Gives Uptober Bull Run An Early Start The surge in prices across the crypto market follows the Federal Reserve Bank’s first interest rate cut in more than four years on Wednesday. In 2022, interest rates were bumped up to a 23-year high as a result of surging inflation triggered by supply chain bottlenecks caused by the Covid pandemic and Russian’s invasion of Ukraine. Investors subs...

Cryptocurrencies experienced massive losses this week as the “September Effect” started playing out in finance markets. According to renowned cryptocurrency analysts, this recent crash could have been the last shake-out before the 2024 crypto bull run. In this context, Finbold turned to market data to identify good projects with solid growth potential for the last quarter. For that, we looked into leading cryptocurrencies that could reach the $100 billion capitalization mark in Q4 2024. Essentially, the market cap is one of the most used benchmarks and value indicators by cryptocurrency investors. This is because digital assets can have very different economics and supply dynamics, requiring a common ground for fundamental analyses. Picks for you Brace yourself: Bitcoin could crash to $31,000 soon 3 ...