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Showing posts with the label doge

As Bitcoin steadies, Dogecoin and Shiba Inu pull back, EOS and rising AI crypto present fresh opportunities

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After a brief period of fluctuating prices, analysts breathed a sigh of relief after Bitcoin appeared to be holding steady for now. The coin’s stable price, however, played a spoilsport for memecoins Dogecoin (DOGE) and Shiba Inu (SHIB), both of which witnessed a pullback.  According to market experts, the recent events might be linked to the rising popularity of spot crypto funds which were launched in the US. After a long regulatory tussle over ETF acceptance criteria , these financial products finally saw the light of day and have attracted huge volumes of investment since January. Among altcoins, experts are seeing bullish indications for both InQubeta (QUBE) and EOS (EOS) . The two crypto currencies have drawn experts’ attention with their consistent growth. While Eos is a developer-friendly platform, InQuebeta is a crowdfunding portal for AI startups.  What’s helping InQubeta generate global interest is its ICO gains, which rec...

Dogecoin gets Coinbase boost as meme craze shifts to Memeinator

Dogecoin (DOGE) soars again amid reports Coinbase plans to list DOGE futures. As investors seize on opportunities in the market, attention is firmly on Memeinator (MMTR). Memeinator has raised more than $7.5 million, with just a few tokens remaining in final presale stage. Memeinator, is in its final presale stage, with tokens worth less than $215k to go. Interest in the new meme coin is skyrocketing in these final hours. Meanwhile, Dogecoin, the original meme crypto, could be on the cusp of fresh traction with Coinbase listing of DOGE futures. Read on to find out why investors are excited about Memeinator. Coinbase plans Dogecoin futures The price of Dogecoin rose as altcoins bounced alongside Bitcoin following Wednesday’s FOMC meeting. DOGE price broke above $0.15, spiking more than 18% in 24 hours.  The gains came as crypto and stocks flipped green following Fed’s signal that lower rates are on the cards. However, Dogecoin also receiv...

Dogecoin and Shiba Memu outlook as key DOGE metric stalls

Shiba Memu is a new meme coin that’s leveraging the AI revolution. The project is in presale and has raised more than $3.8 million. Dogecoin (DOGE) tops meme coins buts its price has struggled as daily transactions sink. Dogecoin is struggling to keep prices above a key support level even as the leading meme cryptocurrency records a sharp drop in daily transactions. Meanwhile, the Shiba Memu (SHMU) presale has hit $3.8 million as price increases to $0.0334. Here we examine the price outlook for the two tokens amid a broader lull in a crypto market that’s mirroring market reaction to the latest US inflation report. Stocks traded mixed after the Consumer Price Index (CPI) showed prices rose 0.4% versus 0.3% expected in September, with a 3.7% increase over the past year to match that of August. Shiba Memu – an AI revolution for meme coins Shiba Memu is a new cryptocurrency that combines the increasingly powerful artificial intelligence (AI) ...

Dogecoin Nears Milestone, 5M Active Addresses on the Horizon

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Dogecoin , a cryptocurrency inspired by internet meme culture, has garnered considerable interest and led to the emergence of numerous other animal-themed coins in the crypto market. Initially created as a playful jest, these meme coins have surprisingly attracted widespread attention in recent times. In the early stages, early adopters and investors in Dogecoin saw substantial returns, with some achieving notable financial successes. However, the present situation for DOGE presents some challenges. Also read: Bitcoin ETF Approval More Likely, Bloomberg Analysts Suggest Now, according to the latest data from IntoTheBlock, the largest meme coin is inching closer to a milestone with five million active addresses. Dogecoin to soon hit 5 million address milestone The milestone, which is not too far away, will be a record for the meme coin. It will be a testament to the growing user base and trust in Elon Musk’s favorite cryptocurrency. However, DOGE is not in its best ...

Did Shiba Inu, Dogecoin Perform Better Than Tesla in 2022?

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As far as comparisons go, this is an outrageous yet, reasonable one. Alongside bearish news updates, 2022 also saw Elon Musk make it to the headlines on quite a frequent basis. So, along with the bears, it wouldn’t be wrong to say that this year also belonged to Musk. Assets from the financial space, especially cryptos like Dogecoin and Shiba Inu, have seldom hesitated to dance to Musk’s music. The Twitter executive, however, couldn’t do much to save the price of such assets this year. It’s known that Bitcoin and Ethereum have suffered and shed around 60-70% each this year, but so have other Elon Musk-related asset prices. The stock price of his own company Tesla noted a 64.42% YTD dip. Dogecoin was down 54.36%, while Shiba Inu lost 75.22% in the same timeframe. Did Twitter Snatch Away Tesla’s Father? Specifically speaking of Tesla, the downtrend was slightly off-beat. More so, because other stocks from the same sector like Ford [F] and Genera...