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Three probable rally reasons: Dogecoin, Shiba Inu, Pepe Thursday's meme coin market cap was over $136 billion, up 7%. Pepe corrected while Dogecoin and Shiba Inu rose. Memes rallied with Bitcoin on Wednesday as it regained $100,000. The drop drove out over-leveraged futures traders, and open interest recovered Thursday. After a small dip on Tuesday, Bitcoin (BTC) is over $100,000. BTC's loss caused meme coins to collapse at the start of the week, but they recovered on Wednesday. Dogecoin (DOGE) and Shiba Inu (SHIB) gained somewhat on Thursday, while Pepe (PEPE) corrected. Meme coin market cap exceeds $136 billion As leading meme tokens rebounded from losses earlier this week, the meme coin sector's market valuation rose 7% in 24 hours. The market cap exceeded $136 billion, according to CoinGecko. DOGE gained somewhat on Thursday and is now trading about $0.41500, roughly 14% below its 2024 top of $0.48434. On derivatives exchanges like Binance and OKX, the long-to-short ratio is above 4. As the ratio is far over 1, most traders are long because market sentiment is favorable. Thursday saw increased interest in Shiba Inu (SHIB) and Pepe. 1000PEPE (a financial derivative created from PEPE/USD x 1000 Index price) increased OI by 3.22% while SHIB open interest rose by less than 0.5%. Profitable bitcoin traders may switch to meme currencies. On-chain data from Santiment shows Bitcoin's network realized profit/loss measure rising. Large NPL increases imply traders' profit-taking. After taking gains, traders have moved from Bitcoin to altcoins in prior cycles. We term this “capital rotation.” If the trend continues, Bitcoin traders may switch gains to meme currencies, boosting demand and strengthening DOGE, SHIB, and PEPE. Dogecoin, Shiba Inu, and PEPE transaction volumes spiked. Spikes corresponded with price increases, which is beneficial. Rising transaction volume and price rises in the same period indicate greater trader relevance and demand, which might arise from exchange platform influx. #DOGE #PEPE #SHIB $PEPE $DOGE
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During recent correction, Dogecoin Whales bought 200 million DOGE—bullish signal? Dogecoin's price has fluctuated in recent weeks, showing market hesitation. Price dropped nearly 25% after setting a new annual high of $0.484. This decline has left Dogecoin scrambling to restore strength and direction, confusing regular investors. Despite the backtrack, on-chain evidence suggests Dogecoin may rebound. The latest downturn allowed Dogecoin whales to accumulate 210 million DOGE, according to Santiment metrics. This accumulation shows significant investors expect rising prices, indicating confidence in Dogecoin's future. The market is looking to see whether whale behavior may revive Dogecoin's bull run. Whales accumulating during the downturn suggest a recovery, but the price must recapture critical resistance levels to establish a bullish continuation. Investors and observers anticipate Dogecoin's next move, which might define its consolidation or rising trend. Finding Rally Fuel Dogecoin has surged since November 5. This era saw the meme currency rise 220%, attracting individual and institutional investors. After this strong surge, Dogecoin is consolidating as the market rests before the next big move. This action highlights the rising interest in ‘smart money’ as significant holders acquire during declines to predict price gains. Whale activity bodes well for Dogecoin and meme currencies, indicating long-term growth. Dogecoin Testing Essential Dogecoin (DOGE) is trading at $0.41 after testing support at $0.36, a key region that has remained strong amid market turmoil. DOGE has traded between $0.48 and $0.36 for days. This range-bound action signals bulls and bears are consolidating before the next big move. Breaking over $0.48 barrier would imply positive momentum and likely propel Dogecoin higher. A breakthrough might boost DOGE's sales and challenge its prior highs. Failure to maintain the $0.36 support level might lead to a deeper drop and lower demand zones as investors lose confidence in the near term. #DOGE #MarketMajorComeback $DOGE
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If $UTK manages to stay above the red line, it could potentially double its gains. This key resistance level represents a critical point for upward momentum. Holding above this threshold will likely attract more bullish interest and trading volume, strengthening the likelihood of a significant breakout. However, failure to maintain this position could lead to a retracement. Investors should watch closely, as sustained performance above the red line may indicate a strong opportunity for 100% gains in the near term.
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Watch These Tokens as US-Russia Bitcoin Reserve Race Could Drive Altcoin Markets to Record Highs Leaked proposals to Russian finance minister Anton Siluanov to create a bitcoin strategic reserve are fueling speculation of a Bitcoin Space Race between the two world heavyweights. After President-elect Donald Trump committed to build a Strategic Bitcoin Reserve in the US, he said Bitcoin may “pay off” some of the US debt. A leaked plan suggests Russia is entering crypto for its own reasons: “In sanctions-hit countries, cryptocurrencies are becoming virtually the only instrument for international trade.” The Central Bank of Russia is planning a cryptocurrency cross-border settlement experiment. Putin called bitcoin a “unstoppable technology” and a possible foreign currency reserve alternative. Russia may have adopted bitcoin and crypto quicker than other nations due to financial restrictions. Bitcoin reached $100,000 this month in 2024. The outlook for 2025 is good as global superpowers rush to adopt crypto. As we've seen, altcoins and meme currencies rise with BTC. While Bitcoin is secure for nation governments, altcoins may provide the best life-changing chances for those betting on the crypto frenzy extending beyond 2025. If so, we've listed four top cryptocurrencies to invest in today. Stable Cross-Border Payment Option $XRP Ripple's native cryptocurrency, XRP, has gained 319.77% in two months. Recently, it touched $2.46, a six-year high. XRP is known for its rapid, low-cost international money transfers (average settlement time 4 seconds, costs 0.00001 XRP per transaction). Investor confidence has increased because to regulatory wins like Ripple's stablecoin's NYDFS clearance. As have its recent collaborations with over 300 financial institutions including American Express, Bank of America, and Banco Santander. A trusted wallet like the Best Wallet App makes buying XRP straightforward. Best Wallet lets you purchase meme currencies like Dogecoin (DOGE), Pepe (PEPE), and Pepe Unchained securely. #DOGE #Trump #Putin #Altcoin
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