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The new week has brought in new hope along with it. Traders and investors expect to see a break-out in either direction in the days to come. At press time on Monday, the crypto market pendulum was more inclined toward the bullish side. The aggregate capitalization was seen inching towards $1.2 trillion, owing to a 2.15% bump over the past 24 hours. Dogecoin was one of the many beneficiaries of the broader recovery. At press time, it was trading at $0.07325, up by more than a percent on the daily. A lot of Dogecoin -related shuffling has been taking place of late. A large participant transferred DOGE tokens in 8 batches containing 680 million tokens each recently. One set was worth around $50 million. Around the same time, Robinhood’s Dogecoin holdings have depleted from 24% to 16%. In fact, a few hours back, another significant DOGE transaction involving around 620 million DOGE took place. Usually, shufflings from one wallet to the other do not impact the price of the a...

In the current crypto economy, two of the most well-known meme coins are Dogecoin (DOGE) and Shiba Inu (SHIB). Currently, DOGE sits atop the throne of meme cryptocurrencies, with a market cap of $11,889,054,523. It has a current price of $0.08554, according to CoinMarketCap.  Source: Barron’s However, according to CNBC, SHIB may be set to overtake the top dog coin spot above DOGE in a year. Both coins have dominated the meme coin market over the last few years. Right now, both have some of the largest fan communities in the crypto world. But the fans behind SHIB seem to be growing at a much more rapid pace. This is especially since the summer of 2022. In turn, the value of Shiba Inu has grown as well.  Right now, however, Dogecoin still holds a significant lead of more than six billion dollars in market capitalization over SHIB. On the other hand, as CNBC Analysis suggests, due to Shiba Inu’s initiatives of “unique use cases,” that lead can shrink towards the end of this year en...

One of the biggest Dogecoin whales transferred a massive chunk of DOGE during the early hours of Feb. 26th. The whale moved nearly 191 million Dogecoin s from a decentralized platform to the leading cryptocurrency exchange Binance. The transfer was initiated in a single transaction, and the coins transferred are worth $15.5 million. The whale is among the top 20 biggest holders of Dogecoin in existence. The transfer comes a day after another whale moved 359 million Dogecoins in three different transactions on Feb. 24th. You can read more details about the whale transfer here. Also Read: Dogecoin: What Could Doge Price Be In 2030? Source: dogechain.info Despite the large transfers, its price has remained sideways, with no sudden spikes in the indices. Dogecoin has barely shot up in price this year and went from $0.06 to $0.08 since the start of January 2023. Its performance is meager compared to the other cryptocurrencies that rallied hard in 2023. Several cryptocurrencies...