I don't think that the Dogecoin mania will end well for anyone other than the earliest investors. However, unlike the usual breakouts of similar patterns in technical analysis, Dogecoin went ballistic as investors rushed to capitalize on the gains. DOGE is primarily used for tipping content creators on Twitter and Reddit. Dogecoin started the month of September quite up there at $0.003229 but embarked on a downward move almost immediately. 1.3m members in the dogecoin community. Coingape is the most trusted source of News, Insights, Reviews and Price Analysis on Bitcoin, ICO, Blockchain, Cryptocurrency. r/dogecoin: The most amazing place on reddit! Dogecoin Technical Analysis (2013-2020) 2013. Tron Price Analysis: Is Tron Price Rally Over or Just Halted ? Your email address is 100% safe from spam, we hate it with passion! From the analysis point of view, price levels of DOGE have started to face corrections and no viable entry points are made on the chart. John is a talented writer with over two years of experience actively contributing to the cryptocurrency industry by providing credible, interesting and easy to read the content. Posts about DOGECOIN PRICE ANALYSIS written by Thecoinrepublic. The analysis tool looks deep into a Subreddit's history to identify the best time of the week to submit. Subreddit Traffic Analysis. While some coins have risen by a few percentage points, DOGE has rocketed by almost 1,000% over the last week. While a few investors expressed what could be reasonably described as conservatively optimistic views, most were focused on what kind of Ferrari they would buy when Dogecoin hit $1,000. Breaking: World’s Richest Man Puts ‘Bitcoin’ in His Twitter Bio Says It Was Inevitable. On the hourly chart, Dogecoin (DOGE) is looking bearish, forming the … It was introduced as a joke, but who knew it would become so significant in the crypto world. The most amazing place on reddit! What happens to dogecoin next?Can dogecoin reach 1 dollar?Should i invest in dogecoin?These questions will be answered! Elon Musk, on Thursday, tweeted a picture of a magazine cover similar to the famous fashion title “VOGUE.” named “DOGUE “which resembles a dog’s picture. How everything started on Reddit community, On Thursday a user posted a thread on r/dogecoin that “I have a proposition. Dogecoin Price Prediction: Analysis Shiba Inu dog breed. The goal behind the same is to accelerate the scaling process and resources for the Ethereum ecosystem and bring the value of blockchain technology to Reddit’s community of […] Economist Alex Kruger shared the image below, indicating that those that bought DOGE based on their belief that they should HODL until $1 (as was memed on Reddit and apps like TikTok) are now bagholders. Its tuned to give your posts the best opportunity to get upvotes and become a top post. This is how we can Dogecoin to the moon but we need everyone’s HELP.” which requested Reddit users to support Dogecoin by giving an example of what’s going on r/wallstreetbets and how they got GameStop to the moon. Anyone can mine Dogecoin on their own or by joining a mining pool. This is the hypothesis that Santiment makes in light of data based on: Analysis of social discussions Prices Volumes As a preface, it is worth mentioning that Dogecoin has been on a roll this past month, on the wave of the pump attributed to WallstreetBets and Elon Musk’s tweets. Dogecoin rallies more than 500% to highs above $0.05 boosted by Reddit traders. Below, you will see the key metrics that we have taken into consideration upon coming up with our DOGE price analysis and prediction.. Dogecoin is one of the cryptocurrencies in the crypto world that continues to make noise. The overall surge in the price levels can be the justification made by retail investors which were part of the reddit community. DOGE price set a mark of an all-time high which gave an outstanding return of around 800% to its investors within a 24-hour time frame. The […] The much wow innovative … Market Insider Dogecoin (DOGE) News. Dogecoin (DOGE) Price Analysis. MACD indicator (Bullish), No bearish crossover signal line was spotted on January 29, 2021, during the trading session it indicated a buy signal in the coin. Dogecoin has never been extremely valuable; however, it has been prevalent throughout its entire price history. $DOGE withdrawals are suspended for maintenance. People are probably finding it easy to relate to Dogecoin than other altcoins, let alone Bitcoin. Trading and deposits are active. Dogecoin has had a lot of ups and downs since its intriguing start. Starting with June 15 th, DOGE went below the $0.0025 support line and descended into $0.0024 territory, closing the day at $0,002479. Even before Elon Musk began his fascination with Dogecoin, the coin was continuing to grow, and in some cases to get legitimate recognition. The previous attempt to run up prices was met with frustration after Robinhood created issues. Meanwhile, the trading volume $21,297,191,822.05 in the last 24-hour time-frame represents an increasing value of 1722.72%. Mine Crypto On Your Phone In Just 4 Hours ->. Popular social media platform Reddit is in the news today after it announced a partnership with the Ethereum Foundation, with the development establishing Reddit’s first-ever blockchain partnership. Ethereum Analysis: Ethereum Hits A New All-Time High of $1467; ETH On Longspan Bull Rally? ANALYSIS: One of the most ... Dogecoin, a cryptocurrency ... Reddit threads proclaim Dogecoin’s value as a new global currency. The Moving Average Convergence Divergence doubles down on the uptrend, suggesting that Dogecoin could rally some more before a correction comes into the picture. Join 10m+ users buying and selling 100+ cryptocurrencies at true cost. Perhaps this is why it is so valuable. A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. Lets follow him on Twitter at, published January 29, 2021 | modified January 29, 2021. The group which describes itself as the “crypto version of WallStreetBets” is now going to launch cryptocurrency tokens for its own […] While cryptocurrency is often referred to as money for the geeks, Dogecoin is a token with a dog image on it. However, the latest pump, over 500% is something to marvel about and Reddit traders are the people to thank for it. Dogecoin Price Analysis: DOGE price to the moon by another Elon Musk tweet. New to Crypto? The price of dogecoin … In 2014, the Dogecoin community raised $55,000 to sponsor NASCAR driver Josh Wise and covered his car entirely in Dogecoin and Reddit alien images. Bitcoin SV Price Analysis: Can Bitcoin SV Test The Mark of $400 in April, 2021? Dogecoin Price Prediction: Analysis. In a tweet by Palmer, an Australian-based marketer, “investing in Dogecoin, pretty sure it’s the next big thing” put Dogecoin on the global map. BCH Price Analysis: Bitcoin Cash Skyrocket, While Reached New 52-Week High of $965, Dogecoin, a meme-based cryptocurrency started as a joke, fires up by 800% over a 24-hour time frame after a Reddit board discussed about taking it to the moon, DOGE retraced in last 24-days has been due to a Reddit group named SatoshiStreetBets. Dogecoin is a cryptocurrency invented by Billy Markus and Jackson Palmer, who decided to create a payment system that is instant, fun, and free from traditional banking fees. It is also used by retailers to receive payments. There is no limit to the number of coins that can be mined. Similarly to the other market, Dogecoin price lowered by the loss of the public’s attention. A year later, Dogecoin’s market cap was approaching $20 million. In January, Dogecoin surged when Elon Musk and Reddit started talking it up and buyers overwhelmed the limited free-floating supply. DogeCoin Price Analysis: Dogecoin Jokes Its Way to a Whopping 500% Explosion, Could This Spark The Next Altseason? Redditors on the subreddit SatoshiStreetBets, the cryptocurrency model of r/WallStreetBets, are pushing for the complete group to purchase and maintain Dogecoin amid a weekend plunge. Dogecoin Price Prediction: Analysis. A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins … In March of 2014, the Dogecoin community also donated $11.000 of Dogecoin to build a well in Kenya, and $55.000 more to sponsor a NASCAR driver known as Josh Wise. DOGE/USD chart by TradingView. Dogecoin hosts one of the largest communities in the crypto space. Indeed, Dogecoin’s popularity on Reddit was so explosive that within a few weeks of its creation, its market cap rose to $8 million. Bitfinex Lets Users Earn on their Bitcoin with Celsius, Binance Burned the Highest Number of BNB Tokens Till Day Worth $68 Million, U.S. Congress Members Have Introduced 40 Bills on the Subject of Cryptocurrencies. Dogecoin rallies more than 500% to highs above $0.05 boosted by Reddit traders. Popular crypto exchange Binance tweeted that trading and deposits are active, but withdrawals are suspended due to the maintenance. The 4-hour chart shows Doge breaking out of a symmetrical triangle. The DOGE/BTC pair is an uptrend with a value of (0.00000161) which is up by 47.27% in Friday’s trading session. Dogecoin’s hype may be over. The daily chart of Dogecoin highlights a very bullish momentum with the help of overall market conditions. Dogecoin had an early start in cryptocurrency, debuting at the sheer peak of the meme’s popularity, the Doge meme – The iconic Shibe. The altcoin which began as a joke has from time to time surprises many by rallying significantly. It went up to $0.07797 on January 29, 2021, while breaking above the resistance zones created in the past. This also requested Reddit users to upvote to be the most voted on this community and reach maximum users. Earlier in the month, a little-known Reddit group called WallStreetBets shook the traditional market. 2018 was a tough and bearish year for DOGE. BeforeCoinMarketCap (BCMC) Aims To Make Your Crypto Price Tracking Easier! For most of the beginning of June, Dogecoin kept trading between the $0.0025 and $0.0026 range. Famous billionaire Elon Musk tweeted a picture of a magazine cover similar to the renowned fashion title “VOGUE.” named “DOGUE “which resembles a picture of a dog. Then another user posted a thread on r/SatoshiStreetBets that “Doge needs your help, Doge to the moon just HOLD”. As a professional investor, the absurdity of both Wall Street and Reddit is apparent. In fact, its effect was felt even in the cryptocurrency market shortly after, with a similar group called “StatoshiStreetBets” emerging. The Reddit community surges Dogecoin’s value by 800%! One can observe a decrease in value in upcoming trading sessions. The poster also mentioned community users to take this thing on a serious note and make this thread a mega-thread to give more exposure to Dogecoin. The Dogecoin community is extremely active, and in the past, raised over $55,000 at the market price at the time to sponsor a Nascar driver, Josh Wise, to run Dogecoin and Reddit … For now, Dogecoin is trading at $0.038 after retreating from the yearly high of $0.051. DOGE attracts the real fear of missing out every time it spikes, other altcoins tend to rally as investors look for alternatives. Other than crypto, Nikhil Loves to watch his favorite football team and keep up to date with the latest Formula 1 racing. DOGE attracts the real fear of missing out every time it spikes, other altcoins tend to rally as investors look for alternatives. After dropping in the course of the weekend, joke cryptocurrency Dogecoin seems to be sustaining momentum after merchants from a Reddit group slowly push the worth up. Meanwhile, the RSI indicator (Neutral) with a value of 51.26 indicates a neutral signal in the coin. Make no mistake; not all cryptos are created equal. After the tweet, many users on Twitter and Reddit thought that he was also supporting the bull rally of Dogecoin. Dogecoin (DOGE) is the biggest gainer over the last few days. He possesses strong technical, analytical skills and is well known for his financial market's informative analysis. Dogecoin Price Prediction: Analysis. Find out latest Bitcoin News. How Reddit Helped Now, imagine that we are in 2013, and Dogecoin explodes on Reddit… Dogecoin has had a lot of ups and downs since its intriguing start. From the crush of Gamestop investors to the meteoric rise of Dogecoin (one-time joke crypto based on a meme), one thing is clear: we're in uncharted territory. The financial market is now finally having an outlook towards the potential of retail investments and the power of the crypto community formed at various internet platforms. Dogecoin prediction crypto review & price analysis for 2021. For most of the beginning of June, Dogecoin kept trading between the $0.0025 and $0.0026 range. Dogecoin was created by Billy Markus, Oregon, and Jackson Palmer. There are currently 128,345,470,276 DOGE in circulation, with a market cap of $8,723,412,669. Polkadot, Dogecoin, Chiliz Price Analysis: 11 April ambcrypto.com - April 11 at 4:06 PM: Ethereum, Dogecoin, Waves Price Analysis: 10 April ambcrypto.com - April 10 at 12:06 PM: DOGE Price Prediction: Dogecoin showing signs of surging 10% if it passes this crucial area cryptopolitan.com - … Starting with June 15 th, DOGE went below the $0.0025 support line and descended into $0.0024 territory, closing the day at $0,002479. Dogecoin is currently worth $0.002659 with a market cap of $336,759,979 and a 24-hour trading volume of $102,689,010. How everything started on Reddit community, On Thursday a user posted a thread on r/dogecoin that “I have a proposition. Join 10m+ users buying and selling 100+ cryptocurrencies, Earn daily interest on your crypto and EUR, GBP and USD, buy and sell the underlying asset on eToro’s Crypto Trading Platform, New to Crypto? What is Dogecoin? DOGECOIN (DOGE) is in the midst of another coordinated buy due to ongoing social media hype in various communities to include Reddit, Telegram, and Twitter. Dogecoin started as a meme on Tweeter, to say the least. On Friday, Popular crypto exchange Binance tweeted that trading and deposits are active, but withdrawals are suspended due to the maintenance to avoid panic selling in the market. However, the latest pump, over 500% is something to marvel about and Reddit traders are the people to thank for it. In a tweet by Palmer, an Australian-based marketer, “investing in Dogecoin, pretty sure it’s the next big thing” put Dogecoin on the global map. On January 28th, Dogecoin was worth $0.007. The story of the token is a good example of the world being crazy and the people in it spontaneous. In the past also he tweeted about Dogecoin in April, 2019, that it was his “fav cryptocurrency.”. This is how we can Dogecoin to the moon but we need everyone’s HELP.” which requested Reddit users to support Dogecoin by giving an example of what’s going on r/wallstreetbets and how they got GameStop to the moon. Dogecoin price fires up by 800% on Friday’s trading session. This Dogecoin Price Prediction 2021 article is based on technical analysis alone. Dogecoin (DOGE), the digital currency originally launched as a joke, remains at less than half of the all-time high that it hit on Friday. As scheduled and advertised, this is expected to occur on February 4th and 5th of 2021. Support in the case of a breakdown is not clear based on the majestic spike, but traders can keep areas such as $0.035 and $0.025 in mind. Compound Coin(Comp) Price Analysis: After 40% Surge, What’s In-Store? Dogecoin has a big following in the cryptocurrency space. Dogecoin price was in a downtrend for all 2018, despite the several times the Dogecoin price was going up for a short period of time. Mr, Nikhil Ingole is a cryptocurrency technical analyst with over seven years of technical analysis trading experience in Forex and Indian stock market. The rapid Dogecoin reversal has sparked quite a discussion on Twitter about “pump and dumps” and the effects it has on investors that participate near the top. Dogecoin made its debut in December 2013 at $0.0006 with a $3.5 million market capitalization. Also, it denotes the ending of green bars on Histogram. Dogecoin out of nowhere rallied over 500% to hit levels above $0.5. Musk himself shared a similar sentiment a few days ago. To keep track of DeFi updates in real time, check out our DeFi news feed Here. I've been watching these events unfold from Dubai with equal parts wonder and glee. Market Insider is a business news aggregator for traders and investors that proposes to you the latest financial markets news, top stories headlines and trading analysis on Dogecoin (DOGE) and much more. His main focus is on cryptocurrency price analysis and industry news coverage. Dogecoin price: How the Reddit GameStop frenzy inflated the value of a meme cryptocurrency – and what it is Dogecoin was trading at around $0.007 on Thursday, before experiencing a … Dogecoin started in December 2013, at the peak of the first big bitcoin bubble. If you wondered which dog is on Dogecoin’s logo – it is the Shiba Inu, which is a hunting dog breed. As a commerce graduate, he has taken a keen interest in blockchain's future potentials in the financial industry. Dogecoin (DOGE) Price Graph for All Time. Dogecoin, a digital coin originally founded as a joke, skyrocketed Thursday after a Reddit board talked about making it the cryptocurrency equivalent of GameStop.. The Delay for Reddit analysis tool looks deep into the history of r/dogecoin to identify the best time of the week to post. Since 2014, I have had a Reddit post bookmarked on my Google Chrome profile. Polkadot Current Price At $18.25 Projects Neutral Behavior For Upcoming Trading Sessions, Chainlink Price Analysis: Link Projects Pullback After ATH Of $25.77. Besides, like Bitcoin, it has a real-world use case as a medium for peer-to-peer transactions using a decentralized network.