Schlagwort: crypto business

• The price of Dogecoin (DOGE) has dropped below $0.20 amid rising bearish pressure.
• Analysts warn of a possible slide to the $0.10 level.
• Dogecoin whales are quietly offloading their holdings.

Dogecoin (DOGE), the internet’s favourite meme coin, is once again under pressure as it dips below the critical $0.20 level, raising concerns among traders about the sustainability of its recent uptrend.

Despite attempts at recovery in recent months, Dogecoin has fallen sharply in the past week, shedding over 15% of its value amid broader market uncertainty and waning investor confidence.

At press time on June 18, Dogecoin was trading between $0.16 and $0.17, having slipped from a short-lived high earlier this year, triggering a flurry of bearish predictions and renewed scrutiny from analysts.

Bears have gained the upper hand

Dogecoin’s recent price action has been dominated by bearish sentiment, amplified by geopolitical tensions and a shift in overall risk appetite among crypto investors.

Although meme coins are often volatile by nature, the rapid downturn has raised questions about the strength of DOGE’s long-term support levels, especially as it flirts dangerously with the $0.16–$0.17 range.

Technical indicators now reflect a market under pressure, with the Moving Average Convergence Divergence (MACD) flashing a sell signal and the token trading below its 50-day moving average.

Furthermore, the emergence of a bearish flag pattern on major charts has fueled speculation that the coin may revisit lows last seen before the 2024 rally.

 

Whales are quietly cashing out

Amid the price slide, large holders of Dogecoin have begun moving capital into emerging alternatives, signalling a strategic exit from what some now consider a fading trend.

Blockchain analytics indicate that long-term wallets holding DOGE have reduced their balances by nearly 0.88% in just 24 hours, hinting at growing unease among so-called “diamond hands.”

Analysts are divided over what comes next

While the prevailing sentiment may lean bearish, not all experts agree that Dogecoin is on a path to oblivion just yet.

Popular chartist Javon Marks believes the token is still holding a bullish breakout pattern, maintaining higher lows that could set the stage for a powerful rally.

$DOGE (Dogecoin)’s prices are CONTINUING TO HOLD A BULLISH PATTERN & BREAKOUT and a MASSIVE MOVE TOWARDS $0.6533 can take place in result!

As prices continue to hold Higher Lows, this hints that Dogecoin is still in an uptrend and as the breakout holds, this gives a target where… https://t.co/yy7NsrbuXi pic.twitter.com/vNyO2ej0ZI

— JAVON⚡️MARKS (@JavonTM1) June 18, 2025

According to Marks, if this trend continues, Dogecoin could surge to $0.6533—a level representing a nearly 280% gain from current prices—and possibly reach $1.25 in an extended rally.

In support of this view, another trader known as Trader Tardigrade recently identified a falling wedge pattern on DOGE’s 4-hour chart, a structure often associated with bullish reversals.

#Dogecoin has formed a Falling Wedge, pointing onto a swing low support 🔥
The downward momentum has gradually decreased as it nears the wedge’s apex.$Doge/H4 pic.twitter.com/cYIZLSKnK8

— Trader Tardigrade (@TATrader_Alan) June 17, 2025

Despite this optimism, the overwhelming mood in the broader crypto market remains cautious, with 87% of analysts currently bearish on Dogecoin’s short-term outlook.

Moreover, Elon Musk’s recent comments denying any government adoption of DOGE have deflated some of the speculative hope that previously buoyed the coin’s price.

Dogecoin price prediction: Is $0.10 now in sight?

Although Dogecoin is not yet in free fall, the pressure on support levels is intensifying, prompting many to question whether a drop to $0.10 is now a realistic scenario.

Should DOGE fail to hold the $0.16 threshold, analysts warn that a rapid descent toward $0.14 and possibly even $0.10 could be triggered by algorithmic trading and panic selling.

Such a move would mark a dramatic reversal from the coin’s November 2024 peak of $0.47, further solidifying fears that the meme coin era may be losing its charm.

Still, volatility is nothing new for Dogecoin, and past downturns have occasionally given way to surprising comebacks driven by viral support and sudden market swings.

For now, all eyes remain fixed on the charts as traders brace for what could be a defining moment in Dogecoin’s turbulent journey.

The post Dogecoin price prediction as DOGE drops below $0.2 appeared first on CoinJournal.

• Block3, a new entrant in the gaming space, is proposing a radically different model for how games are built, distributed, and monetised.
• At the core of this system is Trinity, a generative gaming model trained via a distributed network.
• The project’s BL3 token presale will start on Thursday, June 26.

The gaming industry, often criticised for its lack of innovation and struggling with declining sales, may be approaching an inflection point.

Amid layoffs and consolidation, a new entrant—Block3—is proposing a radically different model for how games are built, distributed, and monetised.

While recent breakthroughs like Google’s Veo 3 have showcased the power of generative AI in video, Block3 brings similar capabilities to gaming.

Its platform allows users to create open-world video games using just a text prompt—no prior coding, design, or development experience required.

At the core of this system is Trinity, a generative gaming model trained via a distributed network.

Contributors to Trinity’s training process are compensated through blockchain-based incentives, making the platform both decentralised and community-driven.

Block3 also introduces a “Create2Earn” framework, where game creators earn crypto based on player engagement.

By combining elements of the $20 billion AI crypto sector and the $18 billion web3 gaming market, the platform aims to create a circular ecosystem that rewards participation on both the development and user sides.

The project’s native BL3 token will go on presale starting Thursday, June 26.

Block 3 plans to democratise gaming

Block3 positions itself as a next-generation platform designed to make game development accessible to anyone, regardless of technical background.

By combining generative AI with blockchain infrastructure, the platform allows users to create open-world video games using simple text prompts, potentially reducing development time from years to seconds.

At the center of the ecosystem is the BL3 token, which facilitates everything from creation fees to asset trading and revenue sharing.

The token offers exposure to the intersection of artificial intelligence and gaming. Where legacy studios operate on multi-year timelines with budgets in the hundreds of millions, Block3 offers a radically leaner approach to production.

As AI continues to reshape creative industries, Block3 represents a potential entry point into the upstream layer of game production and monetization.

With its tokenized model and community-first architecture, the platform aims to offer a new framework for content creation, ownership, and participation in gaming.

Block3’s path to success

The BL3 token offers investors a liquid, scalable entry point into the growing convergence of artificial intelligence and gaming, an industry projected to reach a market size of $665 billion by the end of the decade.

For retail participants, it represents the first opportunity to gain exposure to the upstream layers of game creation, monetization, and distribution in tokenized form.

Value in the Block3 ecosystem is designed to accrue across multiple channels, including creation fees, royalties, and in-game marketplace activity.

By aggregating these flows into a single asset, BL3 functions as a broad-based instrument tied to the future of synthetic game development—analogous, in concept, to an index-style exposure to AI-driven entertainment.

Block3’s architecture also plays a broader role in advancing AI capabilities. Each user-generated game becomes a training data point, contributing to a feedback loop of recursive AI improvement.

As gameplay generates data, that data informs better models, which in turn produce more engaging games, creating a continuous refinement cycle.

This structure positions Block3 not only as a platform for democratized game development but also as a potential engine for large-scale AI training.

The post New AI crypto Block3 looks to disrupt the multi billion dollar gaming industry appeared first on CoinJournal.

• XRP price falls below $2.30 as SEC delays Franklin Templeton’s spot XRP ETF decision.
• Geopolitical tensions, mainly the Israel-Iran conflict, has contributed to broader crypto market dip.
• XRP price prediction hinges on key support at $2.00 and short-term resistance at $2.50.

Ripple’s XRP token saw its price dip to near $2.00 on Tuesday as the cryptocurrency market grappled with a fresh downturn.

The geopolitical tensions that see an escalation in the Israel-Iran conflict, now in its fourth day of heavy missile strikes, continued to rattled investor confidence, pushing risk assets like Bitcoin and XRP lower.

Adding to the uncertainty, US President Donald Trump’s recent remarks on a peace deal or truce have sparked fears, further dampening market sentiment.

Against this backdrop, XRP faces intensified pressure as the US Securities and Exchange Commission (SEC) postpones its decision on Franklin Templeton’s spot XRP ETF.

Ripple price drops as SEC delays XRP ETF

XRP experienced a sharp bearish move on June 17, aligning with notable declines across the market.

Following the SEC’s decision to extend its review of Franklin Templeton’s spot XRP ETF to late July 2025, the token plummeted below $2.20.

Bulls posted a 6% loss and reached lows of $2.13.

This meant XRP price extended the downside that has seen it pare recent gains.

However, despite the heightened market volatility and the broader crypto market’s declines, XRP held above the crucial $2.00 level.

It remains to be seen how the markets react further amid the Israel-Iran conflict and Fed’s interest rates decision on Wednesday, June 18.

Notably, the community largely expected the SEC to delay the XRP ETF decision and could now look to the eventual approval.

Analysts say the chances remain high, even amid outstannding legal issues.

XRP price prediction

Nonetheless, the token’s failure to hold above the critical $2.30 level has weakened buyer confidence.

The current market conditions also continue to cast a shadow over XRP’s price trajectory.

XRP is currently trading at approximately $2.20, caught between key support at $2.00 and resistance at $2.50.

Technical indicators provide mixed signals. A look at the charts shows the daily Relative Strength Index (RSI) at 46 and downsloping to suggest XRP could trend towards the oversold territory.

The Stochastic oscillator in oversold territory indicates a potential uptick, despite selling pressure persisting.

Open Interest (OI) in XRP futures remains steady at $3.90 billion, but a 10% drop says short term confidence is a little on the low.

Nonetheless, derivatives volume of $8.2 billion reflects current market frenzy amid geopolitical risks.

In terms of price prediction for XRP, a breakout above $2.30 could allow for a march on $2.50 and potentially $3 ahead of SEC’s next XRP ETF decision.

On the downside, breakdown below $2.00 may test bulls resolve and bring the $1.75 support area into focus.

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