Memecoin Update - Week 1 of 2025

Weekly update on all things Memecoins

TL;DR

  • DOGE is up

  • SHIB is up

  • Memecoins Redefining Digital Value: DWF Labs Report

  • Shiba Inu Burn Rate Drops 90% Amid Whale Activity

  • Kekius Maximus falls as Elon Musk swaps X avi

  • Solana Surges Above $200 Amid $55M Transfer and ETF Anticipation

  • PENGU’s Rally: Whale Activity, Market Sentiment & Key Resistance Levels

Dogecoin Price

Crypto is up this week, with DOGE being up 13.68% and SHIB up 7.12%:

Dogecoin (DOGE) Weekly Analysis

Dogecoin continues to attract attention with a steady upward price trajectory. The coin is trading at $0.3612, marking a 3.55% increase in the past 24 hours, and boasts a market cap of $53,203,071,946.41. DOGE's circulating supply stands at 147,314,376,384 DOGE with a maximum supply of 147,470,006,384 DOGE. Over the last 24 hours, the token witnessed a trading volume of approximately $4 billion. A recent update also allows users to view Dogecoin prices in INR, expanding accessibility in the Indian market.

Whale Activity Signals Optimism

Whale activity has surged, with large holders accumulating over 1 billion DOGE tokens, collectively reaching 46.36 billion DOGE. This accumulation reflects growing optimism about Dogecoin’s future. The bullish sentiment is further bolstered by a Supertrend signal and historical trends of strong rallies following similar technical setups. Analysts suggest these factors could signal robust price potential for DOGE heading into 2025.

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