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Dogecoin (DOGE) Price Jumps 128% in a Month Amid 11-Year Celebration
Dogecoin (DOGE) price has recently seen significant growth, up 128% in the last 30 days, marking a major milestone as it celebrates 11 years since its launch in 2013 by Billy Markus and Jackson Palmer. As the largest meme coin in the market, with a market cap approaching $65 billion, DOGE continues to hold strong attention. However, the DOGE Ichimoku Cloud chart is showing mixed signals. While the price remains above the cloud, indicating favorable market sentiment, the narrowing distance between the price and the cloud suggests potential volatility, which could either lead to continued gains or a reversal depending...
Top-100 Altcoins Sui and Helium Defy Crypto Market Downtick and Surge in Price Amid New Fundamental Developments
Two top-100 altcoins defied the crypto market downtick and witnessed big gains this week amid new fundamental developments. The decentralized Internet of Things (IoT) network Helium (HNT) announced on Friday that “two large US carriers” kicked off tests to unload their traffic onto the Helium MOBILE Network. MOBILE is a Solana-based (SOL) decentralized wireless provider that’s part of the Helium ecosystem, which aims to enable IoT devices connected to the network to communicate and share data by supporting smart contracts and enterprise applications. HNT, Helium’s native token, is trading at $6.67 at time of writing. The 66th-ranked crypto asset by...
Ethereum Price Crashes Below $3,000 As Revenues Drop To New Lows
Ethereum (ETH) recently dropped below the critical and psychological support level at $3,000 , raising concerns for ETH bulls. This development comes amid the continued decline in revenue generated on the Ethereum network . Ethereum Crashes Below $3,000 Ethereum is down below $3,000, with this downtrend believed to be due to several factors. One is the outflows, which the Spot Ethereum ETFs have been experiencing since they began trading on July 23. Data from Farside Investors shows that these funds again experienced a net outflow of $54.3 million on August 2. These funds haven’t had the desired impact on ETH’s...
