Last week, Dogecoin exploded with an 800% intraday move. On-chain data looking closely at daily active addresses, however, suggests that the pump and dump was almost entirely driven by Robinhood buyers. Here’s what this means for both sides of the coin. Dogecoin Reignites Retail Interest in Crypto After 800% Rally Dogecoin’s recent rally lived up…
This week, the altcoin named after an internet meme, Dogecoin, went viral on social platform TikTok. Users of the platform tried to get a hashtag challenge trending in order to pump the coin.However, these new investors unsure if Doge is a stock or an altcoin have now learned the hard way what a crypto dump…
Dogecoin surged by circa 140 percent this week as a new TikTok challenge urged users to pump it to $1.The meme cryptocurrency is still trading about 1,800 percent below its viral price target.Meanwhile, Malta-based Binance announced today that it would launch DOGE/USDT Perpetual Contract with up to 50x leverage.It was all a joke for Dogecoin.The…