Altcoin
Dogecoin Whale Introduces New A.I Dating Cryptocurrency Platform Positioned To Cause Major Market Disruption
Dogecoin (DOGE), the beloved meme coin that skyrocketed to fame with the backing of Elon Musk and an enthusiastic community, is once again seeing significant whale activity. This time, however, a new player has entered the stage—GoodEgg (GEGG), an A.I-driven dating cryptocurrency platform that is positioned to cause a major market disruption. As Dogecoin whales continue to make moves, GEGG is quickly gaining attention as the next big project to watch. Let’s explore the details behind this potential game-changer.
Dogecoin Whales Accumulate Over 400 Million DOGE
According to data from IntoTheBlock, large holders have been on a buying spree, scooping up over 400 million Dogecoin (DOGE) in the past few days. On September 11, the inflow from Dogecoin’s large holders surged by 970%, moving from 46.25 million to a staggering 493.15 million DOGE. This increase signals that whales are positioning themselves for a bullish trend, and the selloff that had plagued Dogecoin (DOGE) has significantly cooled down.
The net inflow of Dogecoin (DOGE) reached an impressive 414.97 million DOGE, worth approximately $42.46 million. At the same time, DOGE’s whale outflow dropped from 442.12 million to 78.17 million, further indicating that selling pressure has decreased. With 62% of Dogecoin (DOGE)’s total supply now residing in whale addresses, it’s clear that big players are still very much in the game.
GoodEgg (GEGG): The New Player Set To Disrupt The Market
While Dogecoin (DOGE) continues to show resilience, GoodEgg (GEGG) is quickly capturing the attention of crypto enthusiasts and whales alike. GoodEgg is not just another meme coin—it’s an A.I.-powered dating platform that seeks to bridge the gap between virtual dating and real-world interactions. With its unique “Play-2-Date” feature, users can engage in social activities and earn GEGG tokens for participating in virtual dating experiences.
The platform’s presale is already underway, with more than $280,000 raised. Investors can still buy GEGG tokens at the presale price of $0.00015, making it an enticing opportunity for early adopters. Analysts predict that the token’s price could surge by 100x as more users and whales enter the ecosystem, potentially outperforming even Dogecoin (DOGE) in the long term.
DOGE’s Bullish On-Chain Signals
On-chain data for Dogecoin (DOGE) continues to look promising. Transactions worth over $100,000 have increased, with a total of $942 million in large transactions over the past week. Furthermore, the exchange net inflow for Dogecoin (DOGE) has declined from 84.83 million to 33.42 million DOGE, suggesting that whales are holding onto their assets and selling pressure has reduced significantly.
At the time of writing, Dogecoin (DOGE) is trading at $0.1024, up 1.6% in the past 24 hours. However, the token is still 86% down from its all-time high of $0.73 in May 2021. Even though DOGE has faced challenges, the continued accumulation by whales and bullish on-chain signals provide hope for a potential recovery in the near future.
Elon Musk’s Role in Boosting Dogecoin
Elon Musk’s influence on Dogecoin (DOGE) cannot be overstated. Recently, Tesla’s billionaire CEO reignited interest in DOGE when he suggested bringing it back as a payment method for the company’s products. Musk’s tweet followed the dismissal of a $258 billion lawsuit against him and his companies, which accused them of manipulating the price of Dogecoin (DOGE).
Musk’s continued support for DOGE gives the meme coin a major advantage, as his tweets often lead to price increases and renewed interest from both retail and institutional investors. However, the entrance of GoodEgg (GEGG) into the market adds a new dimension to the cryptocurrency landscape, as it provides a fresh use case with its A.I. dating platform.
Conclusion: Will GEGG Overtake DOGE?
While Dogecoin (DOGE) remains a powerful force in the crypto world, the rise of GoodEgg (GEGG) represents a new wave of innovation. The A.I.-powered dating platform adds real-world utility to a space often dominated by meme coins, offering investors an exciting alternative. With bullish on-chain signals for DOGE and the growing interest in GEGG, both tokens are poised for major gains. However, GoodEgg (GEGG) may have the potential to disrupt the market and even outshine Dogecoin (DOGE) in the near future, making it one to watch closely in the coming months.
Join GoodEgg (GEGG) For More Information On Presale, Use links below to join our community:
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Crypto expert Egrag Crypto has again predicted that the XRP price could rally to as high as $27. The analyst has also revealed the exact timeline for when the altcoin could record this massive price surge.
Expert Reveals Time For XRP Price To Hit $27
In an X post, Egrag Crypto asserted that the XRP price can hit $27 in 60 days. The expert remarked that historical patterns indicate that the altcoin can reach this target within this timeframe.
Based on this price prediction, XRP could reach this $27 target by June, marking a 1,250% gain for Ripple’s native crypto. The expert’s accompanying chart showed that he was alluding to the 2017 bull run as to why the altcoin could record such a parabolic rally.
In 2017, XRP recorded a historic gain of over 60,000% as it rallied to its current all-time high (ATH) of $3.8 the following year. As such, based on history, a 1,250% increase is nothing for the altcoin.
In the meantime, the XRP price still boasts a bearish outlook thanks to the sentiment in the broader crypto market. As CoinGape reported, Ripple’s coin could drop to the next major support levels at $1.79 and $1.56 if it fails to hold above $2.03.
Decision Time For The Altcoin
In an X post, crypto analyst CasiTrades stated that it is decision time for the XRP price. She noted that the altcoin is showing strength with a bounce right back to the first key test at $2.17. She added that this is the resistance level she wants to see flip into support, as it might be the “most important price of the week.”
The analyst stated that XRP must reclaim this level to build momentum. She added that the $2 level remains a valid target if the $2.17 level rejects. Meanwhile, CasiTrades revealed that $2.70, $3.05, and $3.80 are the major resistance zones once the upward trend is confirmed.
The analyst also mentioned that the XRP price is now fully inside the Fibonacci Time Zone 3, which spans most of April. She affirmed that this is the breakout window market participants have been preparing for and that all signs point to a macro wave.
CasiTrades affirmed that the structure is clean. The RSI divergence has confirmed the bottom, while the subwaves are aligning well with the larger targets. If the next leg pushes XRP back above $2.17 with momentum, she claimed that market participants may finally see obvious signs of Wave 3. Interestingly, the analyst added that if the altcoin clears $2.70 this week, it may break the $1,000 price extension.
For now, investors may remain cautious, especially seeing how XRP fell after the PMI and JOLTS data release earlier today. Donald Trump is also set to announce reciprocal tariffs tomorrow, which could spark a massive price crash.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
A recent Binance update has triggered massive liquidations while sending Solana memecoin ACT into a steep correction. At first, pundits blamed market maker Wintermute for the jarring declines but Binance’s update to leverage and margin tiers appears to be the culprit.
Several Altcoins on Binance Suffer Massive Corrections
According to an X post, several altcoins listed on Binance took a major hit, dropping by double-digit percentages. The hardest hit of the lot was Solana memecoin ACT, experiencing a sudden drop of over 50% in 30 minutes.
Other altcoins including DEXE and DF equally recorded steep declines of 23% and 16% respectively in the same window. The price slump left traders scratching their heads but a consensus formed that sizable sell orders were behind the declines.
“The sudden dips were triggered by large sell orders executed in a short time frame, leading to a significant surge in spot trading volume,” said one pundit.
Others turned to market maker Wintermute as the trigger for the selloff. However, Wintermute CEO Evgeny Gaevoy denied responsibility while noting that the market maker reacted “post move.”
The decline comes amid a broader market recovery with several cryptocurrencies including Compound (COMP) gaining 70%.
What Triggered The 50% Decline For Solana Meme Coin
A Binance update on leverage and margin tiers on specific tokens like ACT triggered the massive declines. According to an April 1 announcement, the top exchange has updated the margin tiers of several perpetual contracts, noting that existing positions will be affected.
Following the move, one ACT whale got liquidated for $3.79 million at $0.1877, triggering a broad selloff. Former FTX community manager Benson Sun noted that traders had less than 3 hours to respond to the change, criticizing Binance for the move.
“Before changing the rules, Binance should have evaluated how many positions would be closed,” said Sun. “If there are market makers with large positions, they should have notified them in advance.”
Within hours of MUBARAK’s listing, the memecoin tumbled by 40% with Binance CEO Changpeng Zhao downplaying the impact of a listing on prices. Binance has drawn criticism in recent days following its exclusion of Pi Network from its Vote To List initiative.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
A crypto market crash looks imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.
Crypto Market Crash: BTC, ETH, XRP, & DOGE Decline
CoinMarketCap data shows that a crypto market crash could be on the horizon, with the Bitcoin price sharply dropping below $83,000 from a daily high of around $84,400. Altcoins such as Ethereum, XRP, and DOGE also witnessed sharp declines.
This market crash occurred following the release of weak ISM manufacturing PMI and JOLTS data. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February.
The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January. These data add to several macro fundamentals that paint a bearish outlook for the market.
This crypto market crash could persist, with China, Japan, and South Korea agreeing to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs tomorrow, which could significantly harm the market as it sets off a trade war between the US and other nations.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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