Solid inflows into Bitcoin ETFs and a stellar start to the month drastically increase the chance for BTC to hit a new all-time high.
Cryptocurrency Dogecoin (DOGE) News

Dogecoin (DOGE) is a cryptocurrency built around the popular “doge” meme featuring a Shiba Inu. Founder Jackson Palmer announced the project on Twitter in November 2013 as a joke. When friends and industry peers encouraged him to pursue the project, Palmer purchased the domain dogecoin.com and began building. He was soon joined by Billy Markus.
The founders believed that Dogecoin could be a more lighthearted and accessible introduction to cryptocurrency, as Bitcoin (BTC) had started to become stigmatized following the Silk Road debacle and mining had become increasingly unfeasible with consumer laptops. Palmer left the project in June 2014.
Dogecoin is based on Luckycoin (LKY), which is itself a fork of Litecoin (LTC). It features an inflationary monetary policy with no cap. The block reward is set at 10,000 DOGE per block per minute.
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- Altcoin Watch
BNB, Solana, and Dogecoin flashed strong bullish signals as “Uptober” momentum fueled hopes for further gains in the cryptocurrency market.
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Bitcoin started October on a strong note by rallying to $118,200. That clears the path for BTC to chase new all-time highs. Which altcoins could follow?
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Bulls lift their short-term Bitcoin price target to $117,500 as BTC holds steady and several altcoins reclaim the pre-crash trading levels.
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Bitcoin and several major altcoins are trying to start a recovery, but they are likely to be met with significant selling pressure at higher levels.
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Bitcoin’s sharp fall resulted in the biggest long liquidation in a 24-hour period, and the sell-off pulled many altcoins below their immediate support levels.
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Bitcoin faced solid selling at $117,500, but the real test is whether bulls can maintain BTC price above $115,500. Meanwhile, most altcoins are expected to rise higher.
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Novel ETFs tracking XRP and Dogecoin have surpassed analyst trading volume expectations, together seeing $54 million in trades on their debut.
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DOGE analysts highlighted the potential of a price surge to $1 and beyond, fueled by the launch of the first Dogecoin ETF in the United States.
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Bitcoin’s volatility may rise after today’s FOMC, but it is unlikely to result in a new directional move, hinting at continued range-bound action for a few more days.
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Pump.fun recorded a trading volume of $942 million on Sunday, followed by a spike to $1.02 billion on Monday as the broader memecoin market surged.
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Bitcoin is facing solid resistance at $117,500, but the possibility of a rally to $124,474 remains high as long as the price remains above the moving averages.
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DOGE’s price technicals and onchain data suggest the bull market is not finished, strengthening the case for a move toward $0.60.
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Solid inflows into spot Bitcoin ETFs signal sustained demand from the bulls, increasing the likelihood of a break above the $117,500 resistance. Will altcoins follow?
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Dogecoin gained around 4% to reach $0.26 despite Bloomberg’s Eric Balchunas reporting that the first US DOGE ETF faces another delay.
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