Chain News Daily Today TheBitTimes.com

Deep-pocketed digital asset investors are gobbling up massive amounts of the leading meme token Dogecoin (DOGE). Trader Ali Martinez tells his 116,800 followers on the social media platform X that while retail investors are getting distracted by the recently launched Official Trump (TRUMP) memecoin, crypto whales heavily accumulated DOGE to the tune of $640.5 million in just two days. “While everyone focuses on TRUMP, whales bought 1.83 billion Dogecoin DOGE in [48 hours!]” Source: Ali Martinez/X At time of writing, DOGE is trading for $0.35. Looking at TRUMP itself, Martinez predicts that the memecoin will surge above $50 if it takes out the diagonal resistance of a falling wedge pattern. A falling wedge structure is often viewed as a bullish reversal pattern as it suggests that selling pressure is losing momentum. “TRUMP seems to be forming a falling wedge on the lower time frames, suggesting a potential consolidation toward the apex before...

The Dogwifhat price surged 12% in the last 24 hours to trade at $2.316 as of 9:05 p.m. EST on trading volume that jumped 11% to $1.1 billion. This comes as the meme coin space soared 9% to reach a market capitalization of $51 billion. The top three meme coins, DOGE, SHIB, and PEPE, climbed 3%, 9%, and 7%, respectively, according to CoinGecko .  Dogwifhat Price Prediction: WIF On A Bullish Trend Reversal The Dogwifhat price has been on a continued surge from September 23, as the bulls capitalized on the $1.61 sustained support. WIF went through a markup phase, allowing the token to surge to the next resistance level at $2.57. Recent price movements have formed a bullish flag pattern, as the bulls struggle to push the price past the resistance. The price of Dogwifhat seems to be rebounding from the lower boundary of the flag, as the bulls stage a rebound from the recent slight correction. WIF now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is ...

Helium (HNT), Notcoin (NOT) and Dowgwifhat (WIF) are the biggest losers during the recent 3% crypto market correction as the top 10 all tumble and an analyst warns of a “final scare.” HNT plunged more than 10% to trade at $6.53 as of 7:45 a.m. EST. NOT also suffered a more than 10% drop in price throughout the past trading session, while Solana meme coin WIF shed over 8% of its value during the same period. All Of The Top 10 Undergo A Pullback In Latest Crypto Market Correction Market leaders Bitcoin (BTC) and Ethereum (ETH) both suffered 24-hour price drops of more than 3%. BTC remains below the $60K mark at $58,501.13. ETH, on the other hand, maintains a position above the $2.5K support, and trades at $2,627.56. Top to cryptos by market cap (Source: CoinMarketCap) Binance Coin (BNB), which is the fourth largest crypto by market cap, remittance token XRP and Ethereum competitor Cardano (ADA) each only suffered a 1% 24-hour loss. While BNB and ADA  remain...

The cryptocurrency vertical is undergoing a massive upheaval. Several crypto tokens are basking in the ongoing bullish momentum, while others are facing the onslaught of bearish investor sentiment. Despite encountering frequent market instability, several tokens have emerged stronger than ever and are queued to climb higher than their usual price thresholds.  Here are the top three cryptocurrency tokens predicted to rise high despite encountering stark market instability. Also Read: Cryptocurrency: Top 3 Coins Under $0.50 That Can Be Doubled in May Top 3 Coins to Peak Despite Encountering Market Instability  Image Source: Watcher Guru #1: Ethereum Ethereum is one of the notable cryptocurrencies predicted to surge ahead in the near future. The token has gained massive popularity amid talks of Ethereum availing itself of its spot ETFs very soon. Once confirmed, the spot ETF proceedings can catapult the price of ETH, helping the token to surge against all odd...

The cryptocurrency market is full of surprising twists and turns of events. The market is now supporting the meme coin rally, while several leading altcoins are yearning for a stable price threshold.  For instance, while ADA shows signs of a possible bullish breakout in the future, its current price threshold is critically low, which is negatively influencing its community sentiment. As new coins and meme tokens continue to sweep over the crypto market, here are our three cryptocurrency meme tokens that may provide some respite as ADA heals its current price threshold.  Also Read: Crypto currency : 3 Coins To Buy for Long-Term (10x) Profits This Bull Run Three Crypto Meme Tokens To Select Over ADA For Maximum Returns (10-20x) Image Source: WatcherGuru Cryptocurrency #1: PEPE Pepe was introduced to the crypto market in 2023. Soon after the launch, the frog-inspired meme token took off to touch new price levels, with consumers expressing interest in exploring the n...