DOGS and the Dogecoin Price Stagnate Due to Huge Transaction from a DOGE Whale into RCO Finance
The post DOGS and the Dogecoin Price Stagnate Due to Huge Transaction from a DOGE Whale into RCO Finance appeared on BitcoinEthereumNews.com.
The Dogecoin price has hit a roadblock, stagnating following a massive transaction from a Dogecoin (DOGE) whale into RCO Finance (RCOF). This significant movement of DOGE has caught the attention of investors and analysts as the transfer raises questions about its potential impact on the broader cryptocurrency market. Meanwhile, does RCO Finance offer better prospects than Dogecoin? Let’s find out. DOGS Slides 33% Despite New Exchange Listing: Analysts Predict a 262% Rally by Year-End DOGS, a newly launched meme coin built on the TON blockchain, achieved another milestone with its listing on a popular cryptocurrency exchange, even as short traders speculated on a potential price drop. A press release dated August 27, 2024, revealed that DOGS is now available on Bitget’s PoolX platform after a successful pre-market phase on July 12. In response to this news, DOGS witnessed a 33.33% slide by September 25, when it moved from $0.0012 to $0.0008. Analysts, however, believe that DOGS will rebound to $0.0029 by the end of Q4 2024, displaying a 262.50% upturn from $0.0008. With DOGS exhibiting volatility, is there a reprieve in DOGE? Dogecoin Price Stays Flat Amid Billy Markus’ Remarks: 170% DOGE Surge In Sight Billy Markus, the cofounder of Dogecoin, stirred up a conversation on X on September 18, 2024, with a controversial take: crypto conferences should be permanently banned. Markus, who goes by the online alias Shibetoshi Nakamoto, is well-known for his humorous and unpredictable remarks within the crypto community. So, how did this remark affect the Dogecoin price? Between September 18 and 25, DOGE remained stagnant at $0.10. However, according to experts, this immobility in the Dogecoin price will only last for a while. They forecast DOGE to trade at $0.27 by the close of 2024, showcasing a 170% soar from the Dogecoin price of $0.10. DOGE…
Filed under: News - @ September 28, 2024 11:08 pm