TL;DR

• DOGE is down

• SHIB is down

• Shiba Inu’s Bullish Trend Meets Order Imbalance: A Buy Opportunity?

• Dogeson, Shiro Neko and Orbit Among Saturday’s Largest Gainers

• Chill Guy Meme Coin Faces Major Setback Amid IP Rights Violation

• Shiba Inu Exec Shares Vital Updates on SHIFU Coin Airdrop, Here’s All

• Dogecoin Price Outlook: Can $0.50 Be Reached?

• FLOKI Nears Breakout: A Critical Moment for Bullish Momentum

Dogecoin Price

Crypto is up this week, with DOGE being down 12.59% and SHIB down 13.90%:

Dogecoin (DOGE) Weekly Analysis

Dogecoin exhibited notable activity this week, struggling to stay above the $0.4 price level and slipping by 2.04% to $0.3973. Whale activity provided a significant boost, with large transactions jumping 41.12% in 24 hours, resulting in 60.9 billion DOGE shuffled. Historically, such intense whale activity often precedes price rallies, sparking speculation of a potential upward trend. However, the daily trading volume of $3.47 billion indicates a thinning market, reflecting caution among investors. DOGE’s large transaction count of over 9,400 highlights growing adoption, yet price recovery remains uncertain in the short term.

Looking forward, Dogecoin's all-time high (ATH) of $0.7376 remains its primary goal, with optimistic projections targeting the $1 mark in the long term. The DOGE Army anticipates Elon Musk’s influence and ongoing developments by the Dogecoin Foundation to propel adoption. Current metrics show a circulating supply of 147.1 billion DOGE, with a live market cap of $58.58 billion. However, with bearish sentiments and regulatory uncertainties clouding the crypto space, Dogecoin’s future trajectory hinges on broader market trends and sustained community engagement.

Market Outlook

Dogecoin's price struggles below $0.4 amid thinning trading volumes and strong whale activity, signaling both challenges and opportunities for price recovery. The DOGE community maintains bullish long-term expectations, banking on network development and influencer-driven momentum.

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