A leading crypto analyst has further expressed their confidence that Dogecoin could be set for a bullish run in the current market cycle. This comes thanks to renewed buyer interest in the coin following its recent drop. Rising Volume Signals Strong Demand for Dogecoin In an X post, Crypto analyst Emilio Crypto Bojan described the latest drop in DOGE as a “generational entry” point. According to Bojan, trading volume began rising soon after the coin hit its low point, suggesting that many investors bought the dip rather than selling. Related Reading: Dogecoin Has Entered A Historically Red Month And The Result Could Be Catastrophic The meme coin fell by about 14% to $0.07763 during last week’s high-volatility period, when Bitcoin fell to $59,000. Bojan considers this a perfect moment to buy this coin at a low price. Since then, DOGE has recovered to around $0.08529. The coin has also maintained strong interest among traders, with a 24-hour trading volume of about $812.7 million and a
The lead research analyst at Glassnode has highlighted how the Bitcoin supply clustered at the top levels might have to shift down before a sustained recovery can take shape. Bitcoin Cost Basis Distribution Shows Massive Supply Above $80,000 In a new post on X, Glassnode lead research analyst CryptoVizArt has discussed how the Bitcoin supply is looking from the perspective of the Cost Basis Distribution (CBD). The CBD is an on-chain indicator that tells us about the amount of BTC that was purchased at each of the levels that the cryptocurrency has visited during its history. Below is the chart for the metric shared by CryptoVizArt. Related Reading: Dogecoin Tests Channel Floor Again: Breakdown Or Rebound? As is visible in the graph, there is a decent amount of Bitcoin supply that was purchased at recent price levels. This supply cluster has built up as the asset has consolidated in the region since February. While this cluster isn’t small, it’s still less dense than some other zones. F
On-chain data shows the new Bitcoin whales realized a massive amount of loss during the past week as BTC has gone through its drawdown. New Bitcoin Whales Have Harvested Massive Losses Recently As pointed out by CryptoQuant analyst Maartunn in a new post on X, New Whales on the Bitcoin blockchain have been participating in […]
The FIFA World Cup, expected to be one of the largest events in sports history, is already seeing huge trading volume in prediction markets as users seek to predict which team will win. Volumes for these contracts have reached nearly $2 billion in Kalshi and Polymarket. FIFA World Cup Derivatives Start Moving Billions in Prediction […]
With heightened bearish pressure continuing to impact Dogecoin’s price action, investors are now discussing and showing concerns about when the meme coin could bottom out. However, a crucial signal has recently emerged from a key metric, suggesting that DOGE’s market bottom may be taking shape. Dogecoin’s Price Bottoming Signal Emerges Dogecoin may witness a slight […]
Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive Chairman Michael Saylor disclosed the purchase on X on June 8, 2026, sharing the company’s updated reserve figures. The announcement came exactly one week after Strategy’s first disclosed […]
SHIB and DOGE regain attention as investors explore utility-focused meme projects like Little Pepe and its L2 vision. Several experts predict a comeback for SHIB and DOGE, particularly among retail traders and other digital asset participants, because Shiba Inu has…
Longtime Cardano supporter and crypto commentator Dan Gambardello said ADA’s steep decline has exposed deeper frustrations inside the Cardano ecosystem, even as he maintained that the project’s underlying technology remains among the strongest in crypto. In a lengthy post on X, Gambardello framed the issue as bigger than price alone. He argued that Cardano’s more than 80% drop from 2024 levels should be viewed in the context of a broader altcoin drawdown, not as proof that the network itself is failing. Still, he said the market weakness has intensified longstanding concerns over ecosystem support, leadership, public optics and Cardano’s relative isolation from the wider crypto market. “Let me just say…Cardano is down over 80% from 2024 along with so many altcoins. It’s not because Cardano is failing. It’s because altcoins are getting demolished,” Gambardello wrote. “So please try to separate price and everything I write here. To be clear: This is not me turning against the project.” W