Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Dogecoin Founder Assesses Ethereum’s Moon Chance Before 2025
ALTCOIN NEWS

Dogecoin Founder Assesses Ethereum’s Moon Chance Before 2025

By Crypto FlexsSeptember 30, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Dogecoin Founder Assesses Ethereum’s Moon Chance Before 2025
Share
Facebook Twitter LinkedIn Pinterest Email
  • Ethereum fell below key support as interest in the Ether ETF waned.
  • DOGE Developers Open Debate About Ether’s New All-Time Highs
  • Dogecoin has rallied 20% to new monthly highs in a seven-day rally.

Billy Markus is one of the veteran developers who invented Dogecoin (DOGE) as a joke on December 6, 2013. The original dog-themed meme currency quickly gained popularity online and created one of the strongest and most loyal cryptocurrency communities today.

While sitting on the sidelines as a DOGE holder, Markus, also known as Shibetoshi Nakamoto, told the I asked him if he thought there was one. It begins.

X’s message also includes a screenshot depicting how skeptical most cryptocurrency enthusiasts are about this optimistic scenario. Since only 9% of voters bet on this outcome in the Kalshi prediction market, the ETH price is 46.6% below this milestone, which was reached at $4,878.26 on November 10, 2021.

Sensitivity level to monitor Ethereum

“Depends on how many girlfriends @VitalikButerin has dated.” Cryptocurrency enthusiast BEBE said: Another trader suggested that Ethereum has already surpassed $4,000 this year and conquered this price range on March 12, 2024.

Since the BTC/ETH correlation is high, Ether will likely need a correlation boost if Bitcoin soars above $74,000. Additionally, lackluster action against Ethereum exchange-traded funds (ETFs) has taken a toll on the Ethereum market price, which is hovering around support around $2,600 at press time.

Moreover, cryptocurrency bulls were unable to push ETH past the critical resistance level of $2,700 in three days. If Ethereum ends the day above this level, the bullish thesis will be vindicated. Although there was a slight 1% market correction on Monday, cryptocurrency traders remained optimistic.

The current cryptocurrency fear and greed index (RSI) is at 61, showing that market greed is gradually increasing following the announcement of an interest rate cut by the U.S. Federal Reserve (Fed).

Dogecoin bags 20% as FED interest rates ease

Dogecoin founder and programming prodigy Billy Markus also commented on Dogecoin’s recent achievements. His creation briefly hit $0.13 on Saturday, doubling to a monthly high before clawing back a cent. The current price of $0.1202 benefits 73% of DOGE holders and continues to be highly correlated with Bitcoin even after the Federal Reserve cut interest rates by 0.5%.

Q&A

Q: Why is Dogecoin up 20% this week?

Answer: I don’t know

— Nakamoto Shibetoshi (@BillyM2k) September 29, 2024

As cryptocurrency enthusiasts continue to ask him for insight into price performance, Dogecoin’s founder had some sarcasm about its recent bullish performance. “Q: Why is Dogecoin up 20% this week? A: I don’t know.” Billy concludes, implying that the meme coin market is too unpredictable to make quick assumptions.

On the flip side

  • The creator of Dogecoin and IBM computer guru claimed that he abandoned Dogecoin (DOGE) long ago, without doing any development work or holding any DOGE assets.
  • The probability that Ethereum surpasses its all-time high will depend on factors other than technical influences (such as Ethereum ETF performance and BTC correlation).

Why This Matters

By asking the public for their opinions, prominent figures in the cryptocurrency space provide insight into the social sentiment surrounding cryptocurrencies. Accordingly, there is growing controversy over whether the recent rally is sustainable enough to not lose its vitality.

Check out DailyCoin’s popular cryptocurrency news:
XRP Defies the Odds with Explosive Rebound Despite Pressure from SEC
The cryptocurrency market is coming back to life with SHIB surging 37%.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

CCData Report: Digital Asset AUM Soars 27% in February 2024

March 4, 2024

Bridging the Accessibility Gap in AI: New Research Insights

March 13, 2024

Simplify the summary of the meeting with Python in a few minutes

February 22, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.