Tag:

DOGE

Dogecoin Open Interest Underwater With 15,160,000,000 DOGE
NFT Gaming

Dogecoin Open Interest Underwater With 15,160,000,000 DOGE

by admin


  • DOGE bull season over?
  • What’s next for DOGE?

The crypto market is in a massive bloodbath and investors’ confidence has continued to weaken. Amid this negative market condition, data from Coinglass shows that the largest meme token by market capitalization, Dogecoin (DOGE), has seen its futures open interest decline by 8.24% over the last day.

The data shows that the total number of active futures contracts involving Dogecoin that have not been settled has dropped significantly to 15.16 billion DOGE worth approximately $3.25 billion.

You Might Also Like

This marks a massive decrease from the number of DOGE recorded the previous day, sitting at its bare levels since the beginning of August.

DOGE bull season over?

The plunge in Dogecoin’s open interest comes as the meme coin falls significantly in its trading price, struggling to hold key support levels.

While the price plunge is experienced across the broad crypto market, prices of altcoins and memecoins are mirroring the broader market downturn led by Bitcoin and Ethereum.

With this unfavorable market trend, risk appetite across altcoins and meme assets has declined massively, and such highly volatile cryptocurrencies like Dogecoin have continued to plunge deeper over the past days.

With Dogecoin falling notably by 8.24% in the last day, it appears that traders are increasingly exiting leveraged positions. While the latest liquidation trends have seen traders opening long positions suffer massive losses, the decrease in DOGE’s open interest signals weakening confidence among investors. As such, the unsettled futures contracts have probably been wiped out by liquidation, or the traders are closing positions to hedge against the possibility of suffering further losses.

What’s next for DOGE?

Following speculations that the broad crypto market might already be slowly entering its bearish phase, investors are wary of committing more funds to the asset’s derivatives market.

Over the last day, the token has seen its price decline massively by 4.4%, trading as low as $0.2137 as of press time, according to data provided by CoinMarketCap.

Source: CoinMarketCap

Despite positive predictions from analysts suggesting that the token might regain momentum shortly, investors are still taking caution as sustained decreases in open interest like this have historically been followed by deeper market bloodbaths.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Bitcoin (BTC): Goodbye to $120,000, Dogecoin (DOGE) Can Avoid Breakdown, Shiba Inu (SHIB) Price Shock on Edge
Crypto Trends

Bitcoin (BTC): Goodbye to $120,000, Dogecoin (DOGE) Can Avoid Breakdown, Shiba Inu (SHIB) Price Shock on Edge

by admin


  • Dogecoin can avoid it 
  • Shiba Inu: End of symmetrical triangle

Technical indicators now scream the beginning of a wider downtrend, and Bitcoin’s surge toward $120,000 has stopped. Following several tests of the $120,000 resistance, and months of strong momentum, the market has turned bearish, endangering important support levels.

The 50-day EMA had been a reliable support throughout the summer, so its loss is the most concerning thing for the market right now. The inability to maintain this level indicates that the short-term bullish momentum has run its course. Bitcoin is currently trading below this moving average, indicating a definite downward trend bias.

Now focus shifts to the 100-day EMA at $110,500. This level has historically served as a dependable Bitcoin bounce zone during consolidations. However, there is little assurance that the 100 EMA will hold this time around, given the quick decline in momentum.

BTC/USDT Chart by TradingView

The 200-day EMA, which is the next significant structural support, is located around $103,000. A clear break below it would most likely allow for a deeper retracement.

Momentum indicators support the pessimistic assessment. A shift toward seller dominance, and a loss of bullish strength, are what RSI is trying to tell us with a decline below 50. The likelihood of persistent downward pressure is increased if the RSI continues to decline into bearish territory in the absence of a dramatic reversal.

The bearish argument is supported by the trading volume. It appears that bulls are not intervening forcefully to defend important price levels because trading activity has been low despite the pullback. This lack of conviction makes the downtrend narrative even stronger.

Dogecoin can avoid it 

After recent downward pressure, Dogecoin is struggling to hold onto important technical levels, putting it at risk of entering the bear market, but there is a chance. There are indications that DOGE might try to recover from its current zone and avoid a more severe breakdown, even though bearish sentiment is beginning to seep into the market.

The fact that the 50-day EMA is still above the 100-day and 200-day EMAs is the key technical indicator in favor of this outlook. This alignment demonstrates that, in spite of the recent price weakness, DOGE is still holding a medium-term bullish structure. The price is also holding onto the 50-day EMA support, which has served as a buffer against more severe drops. There is a good chance DOGE will recover if it can hold this level.

You Might Also Like

Declining volume on the downside moves is another element that favors DOGE. When sell-off volume is declining, it usually means that the bearish momentum is not being aggressively maintained. According to this, sellers might be losing faith, and a lack of resolute action could give DOGE the time it needs to stabilize and bounce back.

Still, there are a lot of risks. A rapid decline below the 50 EMA would expose DOGE to the 100 EMA support at $0.21, and a subsequent breakdown might put the 200 EMA at $0.20 to the test. If those levels were broken, the market would enter a pronounced bearish phase, greatly diminishing the likelihood of a recovery.

Positively maintaining current support might allow DOGE to retest the resistance zone between $0.24 and $0.26, which has proven difficult in recent months. The first clear indication of a fresh bullish push would be breaking through that area.

Shiba Inu: End of symmetrical triangle

Shiba Inu’s position at the bottom of a symmetrical triangle pattern that has been compressing over the last few months puts it in a very risky trading position. The peak of the spike in volatility we are witnessing right now is approaching. The breakout’s direction will probably determine SHIB’s next significant move, so the price action at this point is crucial.

SHIB is having trouble close to the triangle’s lower boundary, and the declining trading volume indicates that neither bulls nor bears are very confident. Because traders wait for confirmation before investing, low volume inside consolidation patterns frequently precedes significant swings. It is likely that the final breakout will be more explosive the longer SHIB remains within this narrowing range.

You Might Also Like

The fact that the 50-day EMA is about to move below the 100-day EMA is adding to the pressure. A bearish signal would result from such a development, which would contrast the midterm strength with the short-term momentum’s waning. Verified, this cross might push SHIB below its crucial support at $0.000012, which would allow for further declines.

The proximity to the triangle’s tip, on the other hand, indicates that buyers may initiate a significant upward move if SHIB is able to recover from its current position and maintain support. A break above $0.000014-$0.000015 would dispel short-term pessimism and probably lead to a volatility-driven rally, with possible targets returning to the $0.000017 region.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Dogecoin Price Analysis as Qubic Community Plans a 51% Attack on Dogecoin, $DOGE's Price Action Remains Reactive, and Maxi Doge Soars
NFT Gaming

Dogecoin Price Analysis as Qubic Community Plans a 51% Attack on Dogecoin, $DOGE’s Price Action Remains Reactive, and Maxi Doge Soars

by admin


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Stay Ahead with Our Immediate Analysis of Today’s Dogecoin Updates

Check out our Live Dogecoin Updates for August 18, 2025!

In 2025, Dogecoin stands shoulder-to-shoulder next to Bitcoin. One is the first cryptocurrency, while our doggo friend is widely recognized as the first meme coin.

Launched in 2013, $DOGE is up by over 39,000% today, looking at a price of over $0.22 and a trading volume in the billions of dollars. If anything, Dogecoin proves that ‘anything is possible’ in crypto, and even underdogs can become industry giants.

With endorsements from industry moguls like Elon Musk and official investment vehicles like the Grayscale Dogecoin Trust, $DOGE seems to be going nowhere but up.

Click to learn more about Maxi Doge

Maxi Doge ($MAXI) is Dogecoin’s bodybuilder cousin chugging Red Bull and scalping cryptos at 3AM in the morning.

Embodying full-send chaos and pump potential 2.0, $MAXI is for degen traders who don’t hesitate and keep diamond hands on some of the riskiest plays.

While meme coins are a dime a dozen, Maxi Doge is max-commitment, max cojones, and aiming for legend status in the memecoin land.

Simply put, if rat poison squared took form, it would probably look like Maxi Doge. And this meme coin is still in presale.

If you’re looking for the newest insights on Dogecoin and doge-related projects and meme coins, you’re in the right place.

We update this page frequently throughout the day, as we get the latest and greatest insider insights for Doge lovers and memecoin enthusiasts, so keep refreshing!

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you.

Today’s Dogecoin Technical Analysis 📊

Dogecoin has dropped over 9% in just the past few hours, sparking panic among meme coin enthusiasts.

On the brighter side, though, the token is now approaching a key support zone – the same level that fueled a 16% rally in early August and has previously acted as both strong support and resistance.

On the 4-hour chart, Dogecoin’s price is trading comfortably below the short-term moving averages (10, 20, 50, and 100 EMA), leaving only the 200 and 400 EMAs as meaningful layers of support as far as technical indicators are concerned.

So, if Dogecoin breaks below these zones, it could trigger a deeper correction, possibly toward $0.18864. This would result in another 14% drop from current levels.

However, on the daily chart, Dogecoin has yet to even test its 50 EMA. This suggests that while short-term price drops are to be expected, the longer-term outlook remains bullish. That said, a clear continuation signal will still be needed to confirm the trend.

Dogecoin Under Fire: Maxi Doge is Built to Withstand

August 18, 2025 • 10:00 UTC

Dogecoin slipped over 4% today as the Qubic community voted to target it with a 51% attack like the one it launched on Monero, which caused a sharp decline in its price.

The threat has sparked panic among $DOGE holders, with Santiment’s NPL data showing the largest loss since July 2022, and Coinglass’s long-to-short ratio hitting 0.79, signaling potential for further price decline.

With $DOGE under attack, traders are rotating to new meme coins on presale like Maxi Doge.

Unlike Dogecoin, Maxi Doge ($MAXI) is not a proof-of-work coin, making it immune to Qubic’s mining-based 51% attacks. It also lacks minting or blacklist functions that could be exploited by attackers. What’s more, its smart contract’s been audited with zero critical vulnerabilities found.

As dogens look to camp out while Qubic eyes its next mark, find out how to move your funds into Maxi Doge.

Why Maxi Doge Is Eating Dogecoin’s Lunch

August 18, 2025 • 10:00 UTC

The old alpha $DOGE appears to be skulking back as tokens that solve real problems take the lion’s share.

Trading near $0.22, Dogecoin’s price action remains highly reactive; driven more by sentiment than substance, showing sharp rallies often followed by steep drops.

With no clear roadmap, limited utility, and hype cycles that fizzle fast, $DOGE’s role as a portfolio staple may be fading.

Traders are increasingly looking for tokens with stronger fundamentals, tokens like Maxi Doge ($MAXI): the meme coin built for this new cycle.

Maxi Doge embodies extreme degen culture, featuring a muscular, caffeine-fueled Shiba Inu with a no pain, no gain attitude to life and trading.

While $DOGE struggles to maintain relevance, Maxi Doge is flexing rapid gains through high-intensity presale sessions.

Offering zero-tax trading, dynamic staking rewards, and a community jacked, juiced, and pumped for breakout momentum, $MAXI is where smart degen money is moving now.

Discover the next 1000x crypto.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Shaurya Malwa
NFT Gaming

Golden Cross Fails to Lift DOGE as Sellers Overwhelm Rally

by admin



Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Dogecoin Director Issues RadioDoge Project Details: What's Next for DOGE?
NFT Gaming

Dogecoin Director Issues RadioDoge Project Details: What’s Next for DOGE?

by admin


Dogecoin Foundation director, Timothy Stebbing, has revealed his vision for RadioDoge, a Dogecoin grassroots project committed to improving financial inclusion for unbanked individuals.

The technology uses long-distance RF technologies like LoRa and VaraHF to enable dependable and durable data transfer in remote areas, eliminating the requirement for traditional internet access to reach the Dogecoin blockchain.

RadioDoge also utilizes the Starlink network. In a tweet on X, Stebbing revealed his musings about RadioDoge. He highlighted a vision of having a RadioDoge base station coverage of 500kms for ground based HF and lorawan, which would be about 150 base stations to cover Africa’s 30.3 million square kms.

You Might Also Like

“Assuming RadioDoge base station coverage of 500KMs for ground based HF + lorawan, that’s about ~150 base stations to cover Africa’s 30.3 million square KMs (with overlaps). Using this new $5/month 500kb/s starlink for backhaul we could provide Dogecoin coverage to all of continental Africa for about $750/month,” Stebbing wrote.

Assuming RadioDoge base station coverage of 500KMs for ground based HF + lorawan, that’s about ~150 base stations to cover Africa’s 30.3 million square KMs (with overlaps)..

Using this new $5/month 500kb/s starlink for backhaul we could provide Dogecoin coverage to all of… https://t.co/7fQAGxl15Y

— Timothy Stebbing (@tjstebbing) August 17, 2025

Stebbing added: “That’s providing a means of exchange to all of Africa without access to internet for under 1k/month. no more middle-men ripping off farmers because they can’t access banking. Literally life changing if someone could commercialize this stuff.”

Dogecoin news

On April 22, 2022, the first-ever DOGE transaction was successfully transmitted via radio using the Radio Doge protocol. The global Starlink satellite network helped to make this historic feat possible.

You Might Also Like

Grayscale is moving forward with its proposal to launch and trade an exchange-traded fund that trades Dogecoin under the ticker code “GDOG,” according to a recent filing.

In a registration statement filed on Friday, Grayscale announced that the Grayscale Dogecoin Trust will be renamed Grayscale Dogecoin Trust ETF.





Source link

0 comments
0 FacebookTwitterPinterestEmail
DOGE Price Prediction for June 24
NFT Gaming

DOGE Price Prediction for June 24

by admin


The prices of most of the coins have returned to the green zone, according to CoinStats.

DOGE chart by CoinStats

DOGE/USD

The rate of DOGE has gone up by 6.87% over the last 24 hours.

Image by TradingView

On the hourly chart, the price of DOGE has made a false breakout of the local resistance of $0.1668. If the daily bar closes near the support, there is a chance to see its breakout, followed by a further test of the $0.16 range.

Image by TradingView

On the bigger time frame, one should pay attention to the candle’s closure in terms of the $0.1652 level.

You Might Also Like

If its breakout happens, traders may witness a further upward move to the $0.17 zone.

Image by TradingView

From the midterm point of view, the price of DOGE is within the previous bar, which means none of the sides is dominating so far. Respectively, sideways trading in the area of $0.16-$0.18 is the more likely scenario.

DOGE is trading at $0.1638 at press time.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Dogecoin price chart points to a 285% surge to $0.8630
NFT Gaming

Will DOGE hit $0.15 or skyrocket to $0.50? This crypto presale alternative is gaining attention

by admin



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

DOGE struggles to hold gains as investors eye alternatives like Neo Pepe Coin, now at $1.3m in its presale stage

Dogecoin (DOGE) is caught in market turbulence, oscillating between restrained assessments of $0.15 and more ambitious projections around $0.50. Despite its legacy as a meme, DOGE is having a hard time maintaining the impressive, if brief, momentum it captured in early May. 

Investors are diversifying out of DOGE and looking at some of the serious presales happening right now, including the very exciting Neo Pepe Coin. Neo Pepe’s presale has already surged all the way to $1.3 million at stage 4, and it is offering tokens at the very attractive price of $0.0832. 

Unlike DOGE, which relies on viral reputation, Neo Pepe is quickly becoming the best Pepe to own and a very serious crypto contender, blending innovative strategies with real transparency via DAO governance. Given how unpredictable DOGE has been, it might just make a whole lot of sense to grab a little Neo Pepe and align with this rising star.

Dogecoin’s rollercoaster – $0.15 bottom or $0.50 peak?

Currently trading around $0.1714, Dogecoin has seen a downward shift of approximately 3.03% since the market opened. This instability highlights market uncertainty about DOGE’s near-term price direction, whether it can recover to reach the bullish goal of $0.50 or sink towards a conservative floor around $0.15. Expert opinions remain mixed, factoring in the broader economic environment, fluctuating investor sentiment, and celebrity influences. Realistic forecasts suggest DOGE might trade between $0.13 and $0.43 by the close of 2025.

Market dynamics pressuring Dogecoin’s price

DOGE’s recent price drop to about $0.1714 stems from various market forces. Increased profit-taking around recent monthly highs has coincided with the addition of significant sell pressure from reactivated dormant wallets that are mostly being liquidated. And news (some would call it noise) has also gotten around lately. Recent macro stalwarts like moderated U.S. inflation and contentious give-and-take between El Presidente Musk and President Trump have been unsettling the investor base and making DOGE look a little ruff than usual. 

Adding in some tepid technicals indicates that DOGE is maybe slipping under critical support levels and definitely moving directionally in a bearish way, that should give a lot of DOGE hodlers between $0.1714 and $0.1797 pause.

Neo Pepe Coin ignites June market frenzy

Neo Pepe Coin has taken the cryptocurrency market by storm this June, showing itself to be a top contender for the title of best crypto presale. Its inventive and dynamic approach utilizes a gamified system that encourages active participation not only from its early investors but also from the community at large. 

The rewards span multiple levels, and a good amount of the engagement is done through Discord. One key aspect of the Neo Pepe experience that the team wants to highlight is the way they are rewarding participants with token purchases, real presale engagement, and friend referrals. Importantly, Neo Pepe coin is not just gamified for the hell of it; there are real reasons this project has gone for a gamified approach, and they have to do mainly with creating greater community bonds and safer investment conditions for the presale participants.

Why Neo Pepe is gaining momentum

Neo Pepe coin isn’t gaining traction by accident. It’s gaining traction because of strategic, meticulous planning. Contrary to what one might expect, this isn’t some traditional memecoin relying on speculation and short-term hype. The Neo Pepe coin project wears its technological and governance advantages front and center — “virality meets reliability” as their tagline has it. 

Next, the project really emphasizes its commitment to transparency and governance with respect to community members who hold its tokens as stewards of the project through Forward-looking governance. The project makes use of immutable smart contracts that guarantee the mechanisms of the coin can’t be altered, hidden, or tampered with. 

Community members have control over treasury funds. This is also a project that has an auto-liquidity mechanism at work, providing stability to the market. There is also a 5% community-controlled token burn that is helping to deflate the money supply of Neo Pepe coin while also using some whitelist addresses for value generation and long-term guarantee of the tokenomics.

Crypto vlog throws Neo Pepe Coin into fire: Can this coin handle the heat?

Unlike typical crypto chatter, the latest analysis from Crypto Vlog gives Neo Pepe’s presale the kind of scrutiny people seldom see. Without indulging in any type of crypto cliché or tired promise, they highlight what is an unexpectedly thoughtful design for this project. The vlog doesn’t parrot standard crypto disclaimers either, and instead delivers a rare kind of nuanced commentary that acknowledges both the real complexity of what Neo Pepe aims to do and the genuine potential that this $10 million presale has. 

Neo Pepe seems like a standard memecoin on the surface. However, its creators say that it has a “uniquely adaptive liquidity model,” and they’re building a kind of presale electronic governance, which is a long way of saying that this project has some fairly interesting tokenomics.

Five reasons NEOP could be the best crypto presale choice:

  1. Robust DAO Governance: Community-driven decisions ensure transparency and strategic alignment.
  2. Progressive Pricing: Early adopters benefit from significant value increments across presale stages.
  3. Controlled Liquidity: Auto-liquidity and strategic token burns maintain stability and trust.
  4. Gamified Engagement: Rewarding active participation ensures sustained investor interest.
  5. Immutable Contracts: Secure and transparent smart contracts protect investor interests and integrity.

Secure the future 

Don’t miss the chance to secure NEOP tokens through this unparalleled crypto presale opportunity. Participation is straightforward — simply visit the official Neo Pepe website, connect a wallet, and purchase NEOP using ETH, USDT, or other supported cryptocurrencies. Engaging in early-stage participation maximizes your returns, thanks to the carefully structured 16-stage presale process.

Neo Pepe’s unique community-governed token burn and robust, transparent governance through secure smart contracts position it as the best Pepe coin choice for investors prioritizing long-term growth and market stability.

Act now: Join the memetrix movement

Capitalize early and leverage this once-in-a-lifetime crypto presale by purchasing Neo Pepe today. Join the thriving community on Telegram and stay updated through exclusive channels. Secure tokens today and be at the forefront of crypto innovation and future growth.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Dogecoin (DOGE) Bulls Disappear
GameFi Guides

Dogecoin (DOGE) Bulls Disappear

by admin


Dogecoin (DOGE) has officially dipped into oversold territory, but so far, the market isn’t showing any signs of a bullish response. The daily RSI just dipped below the 30 mark, landing at 29.36 as of June 21, 2025. This usually indicates a technical “oversold” condition, which is a level where assets often attract investors looking to buy at dips.

But unlike in early March, when a similar RSI print triggered a solid 18% surge, this time around, DOGE bulls are nowhere to be seen.

You Might Also Like

The price is currently at $0.1549, just below the day’s low, and the overall structure doesn’t show any signs of a reversal yet. The last time RSI dipped this low, DOGE’s price was at rock bottom near $0.12 before recovering.

What’s the difference then? After the move, there was a supportive RSI divergence and pickup in volume. At the moment, neither is there. The volume is staying the same, and the price is still going down.

Source: TradingView

Another worrying sign is the lack of any significant support breakout. Back in March, RSI’s push off the floor lined up with consolidation candles on the chart and a bullish RSI cross. This time, the RSI signal line (red) is still dominant, and the downward slope doesn’t look like it’s flattened yet.

You Might Also Like

There’s also the bigger picture to think about. DOGE has been on a slow downward slide since early June, dropping over 40% from its local highs above $0.26. The short-term bounces haven’t lasted, and every support level we’ve tested has eventually broken. Unless that changes, this oversold print may just be another signal ignored by a market still lacking conviction.

To sum it up, DOGE is oversold technically, but the market isn’t responding the way the bulls would’ve hoped.

We’ll have to wait for stronger reversal signals, like volume spikes, pattern breaks, or divergence plays, before we can say for sure that this is more of a warning flag than a bounce trigger.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Crypto Market Crash Incoming!! Bitcoin Nears 100K, Eth, Xrp, Sol, Doge Falling
GameFi Guides

Crypto Market Crash Incoming!! Bitcoin nears 100K, ETH, XRP, SOL, DOGE Falling

by admin



The Crypto Market is bracing for a crash as Bitcoin ( BTC) teeters dangerously  close to the $100,000 mark, a level that could trigger panic selling. The fear is not just from within the ecosystem as global conflicts such as the Israel-Iran war have escalated again, right after the India-Pakistan conflict.

Currently trading at $102,730 Bitcoin has already dropped 2.58% in the past week, and market sentiment is shifting towards bearish sentiment as BTC has breached its $104k support. With the increasing selling pressure bulls are struggling to keep up with price and may soon let bears have the complete field.

$680M in Total Liquidations, ETH tops the Pain Chart

Over $680 million in crypto long and short positions were liquidated in the last 24 hours, with more than 172,000 traders wrecked. The single largest liquidation order was of $9.15 million,  recorded on HTX involving ETH/USDT pair.

Liquidation Heatmap | Source: Coinglass

Ethereum (ETH) is leading the slide, losing over 5.71% in 24 hours to $2,268. In these 24 hours alone, ETH saw staggering $282 million in liquidations, according to heatmap charts. This nearly doubles Bitcoin’s $151.69 million wipeout, signalling that ETH bulls are taking the brunt of the downturn.

  • Ethereum: trading at $2271, Liquidated  $282 million liquidated
  • Bitcoin: trading at $102,730, liquidated $151.6 million
  • Solana: trading at $135, liquidated $28.9 million
  • XRP: trading at 2.07, liquidated 21.9 million
  • Doge: trading at $0.156, liquidated 10.8 million

As all these cryptos are near their major support zones, bitcoin breaking the $100k support can ignite a market crash. Socially trending alt coins and memecoins have already felt the jitters as they have begun to fall over 15%. Pi coin is down 17.5%, Pepe coin is also down 17.4%. Dog with hat (WIF) and FLOKI both are down 15%.

Also Read: Crypto Price Today (June 21): Altcoins Drop! AB, VIRTUAL, SPX, UNI Crash 10%



Source link

0 comments
0 FacebookTwitterPinterestEmail
Shaurya Malwa
Crypto Trends

Dogecoin Drops 8% as Trump Bombs Iran Nuclear Sites, DOGE Shows V-Shape Recovery

by admin



Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Close