Analyst Says Large-Cap Memecoin Primed To Explode by Over 100%, Updates Outlook on XRP and Solana

November 16, 2024 The Daily Hodl

Altcoins

A pseudonymous analyst and trader is leaning bullish on a major memecoin while updating his outlook on two top-10 altcoins by market cap. The analyst pseudonymously known as DonAlt tells 62,700 subscribers of the TechnicalRoundup YouTube channel that Dogecoin (DOGE) could skyrocket by approximately 165% from the current level. “Is Dogecoin going to a dollar? […]

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BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

US gov’t job could allow Elon Musk to defer capital gains tax

November 15, 2024 Coin Telegraph

Coin Telegraph

The ‘DOGE’ department proposed by Elon Musk could allow the Tesla CEO to divest many of his assets and defer paying taxes.

Tesla CEO and the world’s richest man, Elon Musk, could get a deferment on potentially billions of dollars worth of federal taxes if he begins working for the United States government under President-elect Donald Trump.

Trump announced on Nov. 12 that Musk and Vivek Ramaswamy — a Republican rival-turned-ally — would be heading the ‘Department of Government Efficiency,’ or DOGE, once he took the oath of office on Jan. 20. The president-elect claimed that Musk — worth roughly $300 billion — and Ramaswamy would help “cut wasteful expenditures” in the federal budget.

Despite the name, only an act of Congress can establish a new government department, suggesting that DOGE may operate as more of an advisory commission. However, Republicans will hold a majority in the Senate and House of Representatives starting in 2025, meaning they could seemingly pass legislation creating a new department if desired.

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Lawsuit Appeal Alleging Elon Musk Manipulated Dogecoin (DOGE) Dropped: Report

November 15, 2024 The Daily Hodl

Altcoins

A pack of Dogecoin investors who claimed Elon Musk rigged DOGE are dropping their appeal following a judge’s ruling against their case in August. Disgruntled DOGE investors first sued Musk in 2022, accusing the Tesla CEO of orchestrating a pump-and-dump scheme with his public praise of Dogecoin on Twitter (now X) and Saturday Night Live. In August, […]

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BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Dogecoin investor lawsuit against Elon Musk dropped

November 15, 2024 Coin Telegraph

Coin Telegraph

Tesla CEO Elon Musk is often associated with Dogecoin after the businessman mentioned the memecoin on various channels in 2021.

A 2022 class-action lawsuit filed against Elon Musk and Tesla — alleging that the businessman manipulated the price of Dogecoin (DOGE) through media appearances and social media posts — was withdrawn by the plaintiffs on Nov. 14, 2024.

According to the legal filing, the plaintiffs have agreed to withdraw their appeal from the Second Circuit Court of Appeals and not seek any post-judgment relief from Musk and the automotive company.

Lawyers for the investors also waived their right to appeal the case in any United States court, and both sides have agreed to drop motions to sanction the other side over the lawsuit.

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Trader Says Altcoin That’s Up Over 20x in Under Five Weeks Still Has Upside, Updates Outlook Dogecoin and Pepe

November 15, 2024 The Daily Hodl

Bitcoin

A closely followed crypto analyst believes that one red-hot Solana (SOL)-based memecoin still has more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 228,800 followers on the social media platform X that Goatseus Maximus (GOAT) may soon break out of the upper bound of a trading range. “GOAT got flipped by Act I:The AI Prophecy […]

The post Trader Says Altcoin That’s Up Over 20x in Under Five Weeks Still Has Upside, Updates Outlook Dogecoin and Pepe appeared first on The Daily Hodl.

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

November 14, 2024 The Daily Hodl

Altcoins

A dog-themed rival of Dogecoin (DOGE) is continuing its post-election ascent after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that popular meme asset dogwifhat (WIF), which launched less than a year ago in December 2023, is now available on its platform to buy, sell, end, send and […]

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BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Peter Brandt Spots Dogecoin-Bitcoin Chart Similarities: Is a Big DOGE Move Brewing?

November 14, 2024 Bitcoin.com

Altcoins

Veteran trader Peter Brandt sees dogecoin mirroring bitcoin’s 2016 price pattern, signaling a potential rally as technical indicators align and Elon Musk’s influence boosts investor sentiment. Peter Brandt Identifies Dogecoin’s 2016 Bitcoin-Like Pattern, Expects Rally Veteran trader and chartist Peter Brandt took to social media platform X on Wednesday to highlight a potential parallel between […]

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Analyst Outlines Massive Price Targets for Dogecoin, Predicts Parabolic Rally for Ethereum-Based Altcoin

November 14, 2024 The Daily Hodl

Altcoins

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) is poised to spark massive rallies, en route to astronomical fresh all-time high levels. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE appears to be trading in a large ascending channel on the weekly chart. An ascending […]

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BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Dogecoin (DOGE) Leads Crypto Market Resurgence With Explosive Move As Traders Eye $1 Price Target

November 12, 2024 The Daily Hodl

Dogecoin (DOGE) Leads Crypto Market Resurgence With Explosive Move As Traders Eye Price Target

Altcoins

Dogecoin (DOGE) is in the middle of an explosive move, running more than 160% in less than a week as one of the main beneficiaries of the bounce in crypto markets. DOGE is up 107% in the last week after adding $30 billion to its market cap in one day. With DOGE gaining momentum, traders […]

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BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

First Dogecoin Millionaire Gets the Last Laugh: Close to $3 Million Round Trip

November 12, 2024 Bitcoin.com

First Dogecoin Millionaire Gets the Last Laugh: Close to Million Round Trip

bitcoin.com

Glauber Contessoto, the self-proclaimed first dogecoin millionaire, has recovered from DOGE’s price downfall, which reduced his $3 million fortune to $50,000 last year. The “Slumdoge Millionaire,” as he calls himself on social media, stated that he never lost faith in the meme coin. “People love to kick you when you’re down but not when you’re […]

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