. Binance is experiencing withdrawal problems with Dogecoin for more than ten days. There is a technical problem that sends old transactions to Binance users. DOGE holders are also unable to withdraw the currency. CryptoPotato reported that the 1. 14.5 upgrade on the Dogecoin network led to issues on the Binance exchange. Some transactions that…
Binance is experiencing withdrawal problems with Dogecoin for more than ten days. There is a technical problem that sends old transactions to Binance users. DOGE holders are also unable to withdraw the currency.
CryptoPotato reported that the 1. 14.5 upgrade on the Dogecoin network led to issues on the Binance exchange. Some transactions that were unsuccessful (or stuck) were successfully relayed after the 1. 14.5 update, causing DOGE holders to receive old transactions while holders were unable to withdraw funds. Binance has a different wallet setup for DOGE, so the problem was limited to Binance.
The issue has not been resolved and Binance must rebuild the wallet.
“Since the incident occurred, DOGE Network has been providing us with support, but we have to rebuild the wallet entirely, which is causing a delay that we expect may last another week or so.”
Elon Musk Calls out Binance and Changpeng Zhao
It’s not surprising that Elon Musk is a Dogecoin supporter, so he was unhappy about these issues. Musk took to Twitter to bring up the issues related to DOGE customers, tagging Binance and its CEO, Changpeng Zhao, saying: “What’s going on with your Doge customers? It sounds suspicious. “
The comment section quickly became a stage for yet another crypto battle. Binance replied to Musk’s tweet first, saying that there was nothing suspicious about the issue but rather “frustrating.” Musk continued to tease the exchange, saying DOGE holders should be safe from such problems.
Doge holders using Binance should be protected from errors that are not their fault
Changpeng Zhao did not hesitate to attack Elon. The CEO stated that his company was in communication with Dogecoin developers, and he apologized for any inconvenience caused. He also linked to an article from The Guardian on a Tesla software bug in October.
The glitch caused communication errors for nearly 12,000 US Model S, X, 3, and Y vehicles, prompting Tesla to cancel the FSD update on cars to fix the error.
Elon, we are pretty certain it is an issue with the latest #doge wallet. We are in communication with the developers. We apologize for any inconvenience caused.
Dogecoin (DOGE) Could Surge by Another 30% if its Price Holds This Level: Analyst
Dogecoin’s price has been on a roll in the past few weeks, having surged by about 30% since September 7. Recent data provided by the popular cryptocurrency analyst Ali hints at another similar rally should the meme coin decisively conquer the $0.11 resistance. Alongside the rest of the market, DOGE dumped hard in the first…
Dogecoin’s price has been on a roll in the past few weeks, having surged by about 30% since September 7.
Recent data provided by the popular cryptocurrency analyst Ali hints at another similar rally should the meme coin decisively conquer the $0.11 resistance.
Alongside the rest of the market, DOGE dumped hard in the first week of September, going from over $0.1 to a multi-week low of $0.089 (on Bitstamp).
However, it began to recover shortly after and surged past $0.11 earlier today. In fact, it currently sits at $0.114, which means that it has increased by 28% since the aforementioned low.
According to Ali, more than 62,000 wallets hold over 36 billion worth of the OG meme coin bought at this level $0.111, making it a crucial psychological resistance.
If they decide to retain their holdings instead of selling with minor gains, DOGE’s price ascent can continue in the next few weeks. Ali asserted that there are no “major supply walls in sight,” which could send the meme coin toward $0.15. This could be another 30% surge from its current price levels.
#Dogecoin has surged past the $0.111 resistance, where 62,270 addresses hold over 36 billion $DOGE. If #DOGE holds this level, it could confirm a bullish breakout. With no major supply walls in sight, the path to $0.150 looks clear! pic.twitter.com/4L0zI4s72z
The largest meme coin has another thing going its way – whales. The analyst showed another graph indicating that such large investors have accumulated approximately $140 million worth of DOGE in just two days, which could be the catalyst for another rally.
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Crypto Analyst Says New Meme Coin Pepe Unchained Could Challenge Pepe, Dogecoin
Pepe Unchained is in contention to become the top meme coin, potentially overtaking the industry titans like Pepe and Dogecoin. These are the thoughts of popular crypto analyst ClayBro, who hailed Pepe Unchained’s ($PEPU) rapid momentum and utility-rooted use case as reasons it could outdo the current meme coin frontrunners. ClayBro says $PEPU is Set Apart…
Pepe Unchained is in contention to become the top meme coin, potentially overtaking the industry titans like Pepe and Dogecoin.
These are the thoughts of popular crypto analyst ClayBro, who hailed Pepe Unchained’s ($PEPU) rapid momentum and utility-rooted use case as reasons it could outdo the current meme coin frontrunners.
ClayBro says $PEPU is Set Apart by its Presale Home Run
“The crypto market is going through a brutal period in terms of fear, yet Pepe Unchained is able to raise money, they’re able to sell out – they’re doing something no other presale can,” said ClayBro.
Pepe Unchained has raised over $12.5 million throughout its presale, making it one of the most successful campaigns of 2024.
Considering crypto prices have been crashing almost the entirety of the presale, ClayBro thinks the project has significant potential.
While most cryptocurrencies fold under bearish momentum, investors have accumulated Pepe Unchained without flinching.
According to ClayBro, Pepe Unchained is on track to “become the top meme coin.”
What’s driving this interest? It all comes down to its use case.
Pepe Unchained: the First Pepe-Themed Token With a L2 Blockchain
Layer 2 blockchains have changed the way users interact with Ethereum. They no longer bid for limited block space on the congested main network. Instead, they use connected offshoot chains (layer 2s) that are faster and cheaper.
Now, users can transact in the Ethereum ecosystem without worrying about the previously exorbitant gas fees – it’s a game changer.
But imagine packing that innovative utility behind the viral face of Pepe coin. That’s what Pepe Unchained will be.
It claims to offer lower fees and 100x faster speeds than Ethereum, and its focus on meme coins opens up a wide range of new potential use cases.
While meme coins like Dogecoin and Pepe rely purely on “vibes” and community spirit to boost their prices, Pepe Unchained is underpinned by tangible utility.
It’s a clear distinction from its peers and a narrative investors are getting behind.
$PEPU Staking Offers 162% APY, 20x Higher Than ETH Staking
More good news for Pepe Unchained holders – $PEPU staking is far more lucrative than the market average.
Currently, $PEPU staking offers returns as high as 162% APY. In comparison, ETH staking offers up to 7% APY.
And with ETH staking, users must host their own node or delegate to someone else. Either way, the take-home profits work out even less. But that’s not the case with Pepe Unchained.
However, the staking rewards are capped at 30% of the total $PEPU supply.
This means rewards will decrease over time, incentivizing prospective investors to act early.
Simultaneously, the Pepe Unchained presale price will gradually increase, with the next uptick in just over one day.
Bull Market is Back on – Expect an Uptick in $PEPU Presale Momentum
If Pepe Unchained could raise $12.5 million in bearish conditions, imagine what it would do in a bull market.
Traders have rallied behind its novel use case.
The crypto market cap has jumped 3.09% today as traders spot a higher low on the Bitcoin price chart. This typically indicates a trend reversal, shifting from bearish to bullish.
It comes amid expectations of a tailwind from favorable macroeconomic changes. Goldman Sachs anticipates three consecutive 0.25% interest rate cuts through 2024, which would drive more liquidity into risk-on asset classes like cryptocurrencies.
Goldman Sachs, $GS, expects the Federal Reserve to initiate a series of three consecutive 25 basis-point rate cuts in September, November and December.
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Bitcoin’s price movements over the weekend have returned to a much calmer state, and the asset has remained relatively stable at just over $61,000. The altcoins are mostly in the green, with BNB and DOGE emerging as the top performers from the larger caps. BTC Above $61K Last weekend went under the rule of the…
Bitcoin’s price movements over the weekend have returned to a much calmer state, and the asset has remained relatively stable at just over $61,000.
The altcoins are mostly in the green, with BNB and DOGE emerging as the top performers from the larger caps.
BTC Above $61K
Last weekend went under the rule of the bears as they pushed the primary cryptocurrency from $66,000 on Friday to $57,000 by Sunday evening. The landscape worsened on Monday, and the price plunged massively to $49,500, which became BTC’s lowest position in about half a year.
However, the asset started to recover some ground in the following days. This culminated on Friday morning with a surge to almost $63,000, meaning that bitcoin had reclaimed more than $13,000 in value in less than a week.
Nevertheless, the cryptocurrency failed to maintain its run and retraced by a few grand. Since then, the market has been choppy, but BTC has managed to remain above $61,000 in the past 24 hours.
Its market capitalization has risen above $1.2 trillion, while its dominance over the alts has declined slightly after the recent multi-year milestone and is just under 54% now.
DOGE Shoots Up
Most altcoins have charted some gains in the past 24 hours, led by the largest meme coin. DOGE has shot up by 5% and has tapped $0.11 for the first time in days. Binance Coin is the other impressive gainer from the larger-cap alts, having surged by just over 4%. As a result, BNB sits above $530 now.
ETH, SOL, XRP, ADA, AVAX, SHIB, and BCH are also slightly in the green, while TON is the other larger-cap alts in the red.
Aptos and FET are the two top performers from the mid-cap cohort, with gains of 7% and 9%, respectively.
The total crypto market cap has added about $20 billion overnight and is at $2.245 trillion on CG now.
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