Large holders have scooped up 2 billion DOGE (~$448 million) over the past week, signaling growing confidence from institutional players. On-chain analytics reveal a spike in whale transactions and a "Golden Cross" technical pattern, both traditionally bullish indicators. Analysts are closely watching whether the key support level around $0.22 holds.
2. Bullish Technical Patterns in Play
Recent technicals outline a strong “ascending channel” on DOGE’s weekly charts, forming higher highs and higher lows since late 2023. Currently hovering around $0.2446, DOGE is eyeing breakouts above $0.28, with potential targets stretching toward $0.46–$0.50, and even $1.20 if momentum continues.
Additionally, earlier in August, DOGE surged approximately 8.4% in one day (from $0.20 to $0.22) amid whale-led accumulation and high trading volume, reinforcing the bullish trend.
3. Technical Chart Patterns Predict Higher Upside
Top analyst Ali Martinez spotted a double bottom pattern, a classic bullish reversal formation. He projects that, if confirmed, DOGE might rally up to $0.42 by September—an ~80% upside from current levels.
4. Whale Trends and Meme-Coin Momentum
Broader sentiment also suggests DOGE remains a top pick for whales during meme-coin surges, a sign of sustained institutional appetite.
5. Influence of Pop Culture and Elon Musk
Elon Musk recently reaffirmed his affection for memes and Dogecoin, calling DOGE the “people’s crypto.” While delivered with a lighthearted tone, such endorsements often translate into renewed retail interest and social buzz.
These are the projects grabbing attention: • Solana (SOL) — blazing speeds, booming ecosystem • Cardano (ADA) — research-backed and energy-efficient • Polkadot (DOT) — connecting chains seamlessly • Chainlink (LINK) — powering smart contracts with real data • Avalanche (AVAX) — DeFi ready and institutionally backed • Polygon (MATIC) — Ethereum’s scaling bridge • Sui (SUI) — cutting-edge performance and growth • Render (RNDR) — decentralized GPU for AI & metaverse • Stacks (STX) — smart contracts on Bitcoin • Kaspa (KAS) — next-gen PoW and blazing confirmations Bold tech, real utility, and explosive potential make them 🔑 to keep an eye on this year. DYOR!
📊 CPI Data Drops – Markets on the Move! 🚀 Today’s Consumer Price Index release has traders on high alert! 🔥 Inflation signals could shape the next big crypto and stock moves. 📈 Will this push us toward a breakout or trigger a pullback? 💹 Stay ready — volatility is here to play!
Velodrome Finance (VELO) ~$0.049–$0.056 depending on the source Uplift of ~4% to ~12% Fiona Protocol (FIONA) ~$0.000000089 (~8.9 × 10⁻⁸) Nearly flat (0% change) Velo (VELO) — not Velodrome ~$0.01622 (from finance tool) Slight increase (~0.04%)
Breakdown:
Velodrome Finance (VELO) is seeing positive momentum today with reported gains ranging from about +4% to +12% across different platforms. CoinGecko, Coinbase, and Bitget have reported varying figures due to timing and exchanges, but all indicators point to a noticeable rise.
Fiona (FIONA) remains at an extremely low price level and shows virtually no movement—it's basically unchanged over the past day.
The separate Velo (VELO) token (unrelated to Velodrome) is priced around $0.0162, with minimal intraday price change (~+0.04%).
Final Thoughts:
If you meant Velodrome Finance (VELO), it's definitely “going up” to varying degrees based on the exchange source—some report ~4%, others up to ~12%.
If you were asking about Fiona Protocol (FIONA), it's holding steady with virtually no movement.
And if you were looking at Velo (VELO) (a different project), it's only slightly up.
SPK is showing strong upward signals, and the $1 mark is closer than ever! 📈 With growing community support, rising volume, and market buzz, this could be the breakout move! 🚀
🟢 Watch zones: $0.65 – strong support $0.85 – next resistance $1.00 – psychological breakout level! 💥
🚀 Tree House Coin is Climbing! 🌳📈 $TREE is showing strong momentum and pushing upward! 📊 Bullish breakout spotted — eyes on the next resistance! Don’t miss the move! 🔥🔥
Market heating up? These giants are showing serious momentum:
🔹 $DOT – Polkadot is building cross-chain dominance! 🔹 $LINK – Chainlink’s oracle power is turning heads 📡 🔹 $BNB – Binance Coin remains strong with utility backing 🔥 🔹 $ETH – Ethereum sets the standard in smart contracts 🧠 🔹 $INJ – Injective on fire with DeFi innovation! 💥 🔹 $XRP – Gaining momentum as legal fog clears 📈
🔻DOGE, SOL & XRP Lead Altcoin Sell-Off Amid Fed Rate Jitters & Leverage Unwind
Dogecoin (DOGE) has plunged ~18% over the past week, leading the losses.
Solana (SOL) and XRP have each declined ~13% over the same period as macro uncertainty intensifies.
A sharp unwind of leveraged positions—driven by high open interest and rising funding rates—has amplified pressure. XRP’s futures contracts alone saw a ~$2.4 billion contraction.
Traders are bracing for key economic catalysts: the Fed’s interest rate decision on Wednesday and broader fiscal policy updates.
According to Binance's own "Trending" section—which reflects tokens most searched by users over the past 24 hours—the **top trending coins right now are: Bitcoin (BTC), Spark (SPK), Newton Protocol (NEWT), Hyperlane (HYPER), Measurable Data Token (MDT), KernelDAO (KERNEL), Maple Finance (SYRUP), Sperax (SPA), Sahara AI (SAHARA), and Caldera (ERA)** .
The very top of the list is Bitcoin (BTC), followed by Spark (SPK) and Newton Protocol (NEWT) among others .
🔍 Breakdown of the current top trending tokens:
Rank Symbol Notes
1 BTC Largest market cap and consistently high visibility on Binance 2 SPK Spark token showing high interest, despite recent pullback 3 NEWT Newton Protocol capturing attention with strong search volume … … Other noteworthy mentions: HYPER, MDT, KERNEL, SYRUP, SPA, SAHARA, ERA
(Full list available via Binance’s trending page)
Why these are "most viral" on Binance today:
Binance sorts its trending list based on search volume and page visits by users within the platform. So when a token appears at the top, it means lots of users are actively looking it up right now—whether due to news, hype, or recent price movement .