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

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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.

Expected Trading Ranges

• Support: $0.35

• Resistance: $0.42

Financial News

Savvy Pepe Investor Turns $27 Into $52M

A cryptocurrency trader has captured headlines after turning a modest $27 investment into an astonishing $52 million through the Pepe (PEPE) memecoin. Blockchain analytics firm Lookonchain revealed that this extraordinary 1,900,000x return was achieved when a dormant wallet, inactive for 600 days, transferred 2.1 trillion PEPE tokens to a new address. Despite its lack of intrinsic utility, Pepe continues to generate immense wealth for investors, mirroring a similar success in May when another trader transformed $3,000 into $46 million. Pepe's year-to-date rally of 1,600% has secured its place as the second-best-performing cryptocurrency of 2024, further cementing its influence in the memecoin space.

The rise of memecoins like Pepe underscores a growing generational shift in investment behavior. Described as "punk rock for disillusioned young investors," memecoins offer opportunities for massive, albeit volatile, returns. Analysts speculate that Pepe may become the Dogecoin of the current bull cycle, reflecting broader frustration with traditional financial systems. However, this rapid success comes with significant risks, as highlighted by the $1.7 billion crypto market liquidation on Dec. 10, which saw memecoins among the worst-performing assets. While Pepe's momentum suggests potential for further growth, traders must tread carefully in this unpredictable landscape.

2025: A Transformative Year for Crypto IPOs and Market Growth

Bitwise has projected 2025 as a groundbreaking year for crypto IPOs, with at least five major companies, including Kraken and Circle, expected to go public. Other anticipated IPOs include Anchorage Digital, Chainalysis, and Figure, reflecting the increasing institutional adoption and favorable macroeconomic conditions. The report also predicts Coinbase shares doubling to $700, securing its place in the S&P 500 as the most valuable brokerage platform. This momentum aligns with broader market shifts, such as the growing tokenization of real-world assets, anticipated to expand from $13 billion to $50 billion. Additionally, inflows into Bitcoin ETFs, already surpassing $33 billion in 2024, are expected to grow further as major institutions and wealth managers gain access to these products.

Bitwise's forecast extends to price surges for Bitcoin, Ethereum, and Solana, with Bitcoin potentially reaching $500,000 if the U.S. adopts a strategic Bitcoin reserve. Ethereum could hit $7,000, driven by increased Layer 2 activity and stablecoin growth, while Solana might see a 250% rise to $750 with the launch of “serious” projects. Meanwhile, AI is poised to drive another memecoin mania, as seen in the rapid rise of AI-influenced tokens like GOAT. Bitwise also anticipates U.S. stablecoin legislation and relaxed crypto guidance for 401(k) plans, further accelerating market adoption and creating new investment pathways.

DOGE Dips to $0.40: Opportunity or Risk?

Dogecoin (DOGE) has entered a volatile phase, with whales driving significant price movements. Despite initial bullish momentum from the "Trump pump" during election week, DOGE faced resistance at $0.50, failing to sustain its upward trajectory. This resistance led to a sharp pullback, with the price now hovering around $0.40. Whales appear to be leveraging this dip, accumulating an additional 160 million tokens. Analysts suspect a textbook manipulation strategy, where whales buy at the bottom and sell at the top for profit, creating a "tug-of-war" that leaves retail investors wary.

The broader market volatility further complicates DOGE's outlook. Open Interest (OI) in DOGE’s perpetual market has dropped 29% in under a week, from $4.45 billion to $3.16 billion, signaling reduced confidence among traders. While the $0.40 level could present a buying opportunity supported by whale activity, the ongoing manipulation poses significant risks. For DOGE to regain bullish momentum, it must break the $0.50 resistance. Until then, retail and institutional investors are advised to exercise caution, as the current pattern may repeat.

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