Chain News Daily Official TheBitTimes.com

The Dogecoin price skyrocketed 47% in the last 24 hours to trade at $0.4087 as of 2.30 a.m. EST on trading volume that soared 48% to $26.53 billion. The industry’s oldest meme coin has surged 146% in the last week, and its price is currently pushing hard against the resistance at $0.40. Dogecoin saw a sharp rise from $0.168 to its current price in under seven days. The majority of this surge took place between November 10 and today, as Bitcoin kept pumping toward the $90k resistance, leading the market up as a post-election bull run ignited. Dogecoin, currently the 6th-largest meme coin by market cap after flipping XRP, followed, with its price well on its way to reaching the old ATH from May 2021. At the time, DOGE hit $0.7376, meaning that its price is still 44% below its ATH. In other words, while BTC is hitting new records with each new day following Trump’s election win, DOGE still has a way to go before it climbs to its own former record price. Even so, the market...

When Pepe Coin was launched in April this year, a host of early investors ended up becoming multi-millionaires. However, as pointed out in a recent article, around 80% of the profits were accrued in the first week of Pepe’s issuance. With most investors sitting on their tokens, the net liquidity seems to be limited at the moment. Over the past week, the asset has risen by around 11%, as its price stood at $0.000001739 at press time. The market value refinement has also helped the MVRV ratio. At press time, this metric flashed a value of 1.28, indicating that the market value of Pepe Coin is currently more than its realized value. In fact, the current reading is reminiscent of levels registered during mid-May. Thus, amid the current profitable conditions, investors could end up selling their assets. Source: IntoTheBlock According to on-chain data, zero-balance addresses have risen 26% over the past week. This indicated that the Pepe Coin sell-off has started already. ...