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Why Dogecoin Flopped This Week
Yahoo Finance· 2026-01-25 15:18
Core Viewpoint - Dogecoin has experienced significant volatility, declining 11.1% over the past week, reflecting its status as a speculative asset in the cryptocurrency market [1][3]. Group 1: Performance and Market Position - Dogecoin is the largest meme cryptocurrency, with a market valuation around $21 billion, and its performance is often influenced by celebrity endorsements rather than fundamental factors [2][3]. - The token has a strong community following and is considered a sentiment gauge for speculative areas within the cryptocurrency sector [3]. Group 2: Recent Developments - A U.S. Senate bill has been introduced that could classify Dogecoin alongside major tokens like Bitcoin and Ethereum, potentially increasing its investment appeal [7]. - The launch of a new spot Dogecoin ETF under the ticker TDOG may also stimulate demand for the token [7]. Group 3: Market Environment - Despite some positive developments, macroeconomic concerns, including potential European tariffs and geopolitical tensions, have negatively impacted investor sentiment, leading to a risk-off approach [8][9]. - Dogecoin's role as a barometer for risk in speculative markets was evident, as investors remained cautious despite bullish catalysts [9].
Shiba Inu Starts 2026 With a 30% Rally — Is SHIB Setting Up a Q1 Breakout?
Yahoo Finance· 2026-01-07 12:00
Photo by BeInCrypto The Shiba Inu price has opened 2026 with a sharp rebound. SHIB is up nearly 30% in the first week of the year and almost 48% from December 31 lows. The move stands out after a weak year, but on-chain data shows this rally may be a paused downtrend, not a confirmed breakout yet, unless one group of buyers comes in. Meme Coin Sector Push, Not Spot Buying, Drove SHIB’s Rally The SHIB rally lines up closely with a broader surge in meme coins. Over the past seven days, the meme coin sec ...
This Cryptocurrency Just Surged More than 17% Over the Course of the Weekend
Yahoo Finance· 2026-01-05 20:40
Key Points This weekend's geopolitical developments are seemingly being viewed as clearing events for lingering uncertainty. Pepe is among the leading meme coins taking the ball and running with it, over the course of this weekend. Here's why key voices in the crypto sector are touting this meme coin once again, and what to make of this move. 10 stocks we like better than Pepe › Since Friday at 4:00 p.m. ET, Pepe (CRYPTO: PEPE) has surged 17.1% as of 3:00 p.m. on Monday, making a move that's rem ...
PEPE Surges 20% as James Wynn Gives Bold Prediction For 2026
Yahoo Finance· 2026-01-02 04:35
Core Insights - The meme coin PEPE has started 2026 with a significant price increase of over 20% on January 2, 2026, raising questions about the potential for a meme season [1] - Trader James Wynn predicts that PEPE's market capitalization could reach $69 billion by the end of 2026, which has sparked considerable interest and buying activity in the investment community [1][2] - Wynn's previous success with PEPE, where he earned tens of millions from trading, adds credibility to his forecast, especially as he compares PEPE's potential to that of SHIB, which saw a massive increase in market cap during a previous cycle [2][3] Market Performance - PEPE's current market capitalization is approximately $2 billion, and Wynn's prediction suggests a potential price increase of nearly 35 times its current value [4] - Following Wynn's prediction, PEPE's price experienced a nearly 20% increase, indicating strong market momentum [4] - The trading volume for PEPE exceeded $600 million in a 24-hour period, marking the highest level in the past month, reflecting renewed investor interest [6] Market Dynamics - Analyst SΞA attributes PEPE's rally to U.S. tax rules, particularly tax-loss harvesting, where investors sold off assets to realize losses for tax benefits at the end of 2025 [5] - As the new tax year began, bullish investors quickly re-entered the market, contributing to the surge in PEPE's price and trading volume [6] - Other meme coins, such as Milady Cult Coin and Floki, also experienced significant gains at the start of 2026, suggesting a broader revival of interest in meme coins [7]
Is There a Future For Dogecoin?
Yahoo Finance· 2025-12-23 13:50
Key Points Dogecoin has lost over half its value. Its brief period of success in 2021 spawned a wave of imitators. There's nothing special about Dogecoin, and it's unlikely to bounce back. 10 stocks we like better than Dogecoin › Last December, Dogecoin (CRYPTO: DOGE) reached $0.43, its best mark since an all-time high of $0.74 in 2021. The news that Elon Musk, a Dogecoin supporter, would be heading the Department of Government Efficiency (DOGE) sent the original meme coin soaring. But a year la ...
1 Meme Coin to Avoid Like the Plague
Yahoo Finance· 2025-12-22 14:57
Key Points Dogwifhat has plunged 92% from its March 2024 peak and fallen out of the top 100 cryptocurrencies. The anonymous developers behind this project vanished without a trace, leaving no organization to guide the coin's future. Meme coins live and die by community momentum, and Dogwifhat's momentum stalled out quickly. 10 stocks we like better than WIF › Dogwifhat (CRYPTO: WIF) used to be hot. Once upon a time, at the end of March 2024, the meme coin had a $4.68 billion total market value. ...
Prediction: Dogecoin Will Plunge to Under a Penny in 2026
Yahoo Finance· 2025-12-19 16:20
Core Viewpoint - Dogecoin has experienced a significant decline in 2025, with predictions indicating it may fall below one cent in 2026 due to changing investor sentiment and valuation comparisons with other meme coins [1][8]. Historical Performance - Dogecoin launched in December 2013 but only broke the penny barrier in January 2021, reaching an all-time high of $0.74 in May 2021, leading to substantial gains for some investors [2]. - Since its peak in May 2021, Dogecoin has been on a downward trend, currently trading 82% below its all-time high [3][8]. Market Sentiment and Valuation - The hype surrounding Dogecoin, particularly with endorsements from figures like Elon Musk, has not translated into sustained value, leading to a disappointing year for investors in 2025 [4]. - Dogecoin's valuation is questioned when compared to other meme coins, such as Shiba Inu, which has a market cap of $4.5 billion, suggesting that Dogecoin's current valuation of $20 billion may not be justified [6]. Potential Future Valuation - If investors begin to value Dogecoin similarly to Shiba Inu, with its large circulating supply of 152 billion coins, the price could drop to approximately $0.03 [7]. - A further comparison with Bonk, another meme coin with a market cap of $715 million, could imply an even lower price of around $0.004 for Dogecoin [9].
3 Christmas-Themed Meme Coins to Keep An Eye On This Week
Yahoo Finance· 2025-11-06 16:00
Photo by BeInCrypto 'Tis the season to be jolly and listen to Mariah Carey on repeat. But, amidst this celebration, many Christmas-themed tokens are beginning to take the spotlight. However, not all of them are necessarily the best options for investment. Thus, BeInCrypto has analyzed three such Christmas-themed meme coins that present both opportunity and a cautionary tale. Santacoin (SANTA) SANTA has emerged as one of the best-performing Christmas-themed meme coins in the past 24 hours, rising 30% to ...
Does This Leading Meme Coin Have a Future?
Yahoo Finance· 2025-11-02 12:45
Core Insights - Dogecoin remains the largest meme coin and the only one in the top 10 cryptocurrencies, but it has experienced a significant decline of 36% year-to-date as of October 28, while other major cryptocurrencies like Bitcoin and Ethereum have seen substantial gains [1][3][5] Group 1: Market Performance - Dogecoin's all-time high was reached in 2021, and despite being valued at $30 billion, it has not performed well in the current bull market [3][5] - The cryptocurrency has shown impressive staying power since its launch in late 2013, unlike most meme coins that tend to crash quickly [3][4] Group 2: Community and Future Outlook - Dogecoin has a loyal fanbase that may help it persist in the market, with potential brief surges in value during specific events, such as political campaigns [4][5] - Despite its staying power, Dogecoin is not considered a good investment, as its value is primarily driven by hype, and it is expected to lose value over time [5][6] Group 3: Investment Alternatives - Analysts from The Motley Fool Stock Advisor have identified 10 stocks that are considered better investment opportunities than Dogecoin, highlighting the potential for higher returns in traditional stocks compared to meme coins [6][7]
Is It Worth It to Invest in Meme Coins?
Yahoo Finance· 2025-11-01 12:05
Core Insights - The meme coin market is currently experiencing significant declines, with major coins like Dogecoin down 39%, Shiba Inu down 53%, and Pepe down 65% for the year [1][2][7] - Long-term investment in meme coins is generally not advisable, as they are primarily driven by hype and speculation, leading to substantial losses over time [3][4] - The only potential justification for holding meme coins is for portfolio diversification, as they represent about 1% of the total cryptocurrency market cap of $3.8 trillion [4][5] Investment Performance - Major meme coins have underperformed the broader market, with declines ranging from 35% to 65% in 2025 [7] - Dogecoin has decreased by 74% from its all-time high four years ago, while Shiba Inu has dropped by 89% [3] Portfolio Strategy - Investors may consider allocating a small portion (up to 1%) of their portfolio to meme coins for diversification purposes, but the likelihood of profit remains low [5][6]