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OG memecoin Dogecoin (DOGE) was one of the crypto assets that crashed hard during the recent market pullback, hitting a low of $0.22 on Feb. 3. However, it appears that Dogecoin whales — investors who hold large amounts of the cryptocurrency — were unfazed as they instead took advantage of the market crash to accumulate the asset in significant volumes. Is the accumulation trend hinting that a large move is on the horizon for the Shiba Inu-themed cryptocurrency? Dogecoin Whale Accumulation Is Gaining Momentum Popular market analyst Ali Martinez observed that whale wallets holding between 10 million and 100 million Dogecoin scooped up around 750 million DOGE tokens during the latest dip. As Martinez notes, the rising supply of whale addresses signals growing confidence among large investors in Dogecoin’s upward trajectory. At the time of publication, DOGE changed hands at $0.2485. Notably, the recent official launch of the Elon Musk-led Department of Government Efficiency (DOGE), an extra-governmental agency humorously tied to Dogecoin’s ticker, DOGE, has sparked renewed speculative interest in the world’s oldest and biggest memecoin. Analyst Foresees $440 DOGE Target Meanwhile, a notable crypto strategist, Dima Potts, suggests that Dogecoin has exhibited a predictable cycle over the years, with peaks happening approximately every 1,442 days. Historical data shows that the first major peak occurred 1,442 days after the previous high, representing an astounding 21,821% price appreciation from the cycle low to the peak in January 2018. Data from his accompanying chart indicates that the second cycle mirrored this pattern, with DOGE peaking out exactly 1,442 days after the previous peak. This time, Dogecoin saw an even bigger rally, leaping by 54,890% from its cycle low to the $0.74 all-time high in May 2021. Dogecoin is currently in its third major cycle. Potts forecasts that if history repeats, DOGE will record its next peak around the week of April 14, 2025. He expects Dogecoin to perform just as well, if not better, than in previous cycles due to growing adoption, rising institutional interest, and technological advancements. Potts’ analysis predicts a price of $10 for DOGE, but the chart data implies an even loftier price target of $440, which would represent a 175,890% jump from the current price level.
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Which Crypto Will Rally 5,000% Before March? Ondo, Chainlink, or XYZVerse?
Investors are eyeing the next cryptocurrency that could deliver massive returns before March. Three candidates stand out: Ondo with its unique approach, Chainlink expanding its oracle network, and the newcomer XYZVerse promising groundbreaking technology. Exploring their recent developments might reveal which one is poised for a potential 5,000% surge in the coming months. XYZ’s Rise to Glory: The Meme Coin Fighter Punching Through the Crypto Arena XYZVerse is the next heavyweight champion of meme coins. Crowned Best NEW Meme Project, it blends the electric energy of sports with meme culture, drawing in millions of fans who want to be part of something bigger. Every great story needs a hero. Not the biggest, not the strongest—just the one crazy enough to keep pushing forward. That’s XYZepe, the masked fighter, the die-hard believer, and the relentless holder of $XYZ. His mission is to bring XYZVerse to the top of CoinMarketCap and carve XYZ into crypto history. In response, the CMC community is totally behind this future champ: 95% are super bullish on $XYZ. But greatness isn’t handed out—it’s earned in the ring. $XYZ has already passed through 9 out of 15 presale stages, and the thriving community helps it build momentum for a mindblowing take off. Undervalued at $0.002, $XYZ is a bet worth making. By the end of presale, it’s set to soar to $0.1. The fight isn’t over, but the path to glory is clear. Champions Get Rewarded In XYZVerse, the community calls the plays. Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big. The Road to Victory With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price, and to rally a community of believers who know this isn’t just another meme coin—it’s the start of something legendary. XYZepe is fighting for glory. Are you ready to join the ring? ONDO Finance: Bridging Traditional Finance and Blockchain Innovation ONDO Finance is reshaping finance by blending the trust of traditional financial systems with the efficiency of blockchain technology. By turning stable, income-generating real-world assets into digital tokens, ONDO opens access to high-quality financial products once reserved for a select few. Its structure includes an asset management arm that creates these tokenized products and a technology arm that develops decentralized finance (DeFi) protocols. This dual approach enhances the functionality and scalability of its offerings. Collaborations with respected partners like BlackRock and the use of Coinbase for secure asset custody highlight ONDO’s commitment to quality and security. Products like USDY, backed by US Treasuries and bank deposits, provide non-US investors with regulated and transparent financial options. In a market often marked by volatility, ONDO Finance stands out by focusing on trust, security, and compliance. Its innovative methods not only make premium financial products more accessible but also improve the overall financial infrastructure using blockchain. As the cryptocurrency market evolves, projects like ONDO that connect traditional finance with new technology could play a key role in the future of digital assets. Compared to many cryptocurrencies that are highly speculative, ONDO’s approach is rooted in tangible assets and established financial practices. This unique position may attract those looking for stability and transparency in the current market cycle. Chainlink: Connecting Blockchains to the Real World Chainlink is a network that helps smart contracts talk to the outside world. Smart contracts are like digital agreements on a blockchain that do things automatically when certain conditions are met. But they often can’t access data beyond their own network. This is where Chainlink comes in. It uses oracles, which are like messengers, to fetch data from external sources and bring it to the blockchain. To make sure the data is accurate, it uses many sources and checks them carefully. This allows smart contracts to use real-world information, like prices, weather, or events. The LINK token is a key part of how Chainlink works. People who provide data, called node operators, earn LINK as a reward. They can also stake their LINK tokens to help secure the network. This system encourages reliability and fairness. In today’s market, Chainlink looks attractive. More projects need trustworthy data from outside sources, and Chainlink is leading the way. Compared to other coins, LINK has a clear purpose and is already widely used. As the blockchain world grows, Chainlink could become even more important in connecting it with real-world applications. Conclusion While Ondo and Chainlink have potential, XYZVerse’s unique sports memecoin aims for 20,000% growth, blending meme culture and sports into a standout investment. You can find more information about XYZVerse (XYZ) here: Site , Telegram , X Continue Reading: Which Crypto Will Rally 5,000% Before March? Ondo, Chainlink, or XYZVerse? ZyCrypto
Market Sentiment Analysis Suggests Bitcoin May Be Nearing a Turning Point Amid Bearish Trends
As market sentiment ebbs and flows, recent analysis suggests that current crypto bearishness might present a strategic buying opportunity. With Bitcoin (BTC) nearing $100k yet exhibiting signs of extended price ZyCrypto
