TL;DR

• DOGE is up

• SHIB is down

• Memecoin Market Crashes 56%

• Dogecoin ETF Speculation Fuels Potential Breakout

• Ronaldinho’s Token Launch Sparks Controversy

• AI Token Creation Plummets as Memecoins Surge

• SEC Commissioner Challenges Memecoin Ruling

• Ripple’s Schwartz on XRP-Linked Memecoin Liquidity

Dogecoin Price

Crypto is down this week, with DOGE up 3.0% and SHIB down 4.2%:

Weekly Analysis

This weekly analysis is majorly on the top two MEME coin

Dogecoin (DOGE) has captured investor attention following significant whale accumulation and bullish technical indicators. Analysts anticipate a potential rally fueled by institutional interest, historical price trends, and improving market conditions.

Crypto analyst Ali Martinez reported that Dogecoin whales accumulated 180 million coins within 24 hours, with transactions centered around $0.20. Such large-scale buying suggests strong market confidence, signaling potential price appreciation despite recent market volatility.

Analyst Kevin (@Kev_Capital_TA) highlighted that Dogecoin’s weekly RSI is at levels last seen in October 2023 when DOGE was at $0.10. The price is also testing a long-standing trendline from early 2023, along with the 0.5 Fibonacci retracement at $0.19. These indicators suggest an oversold condition, providing an attractive accumulation opportunity.

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