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Elon Musk’s personal net worth has declined $150 billion since the abrupt and very public end to his working relationship with President Donald Trump, reports Bloomberg. On December 17, in the midst of Trump’s post-election run-up, Musk’s net worth hit an all-time high of $486 billion. Today, he’s worth $335 billion. Despite a few months working side-by-side with Trump and his administration, their working relationship fell apart this week — sending Musk’s net worth plummeting. Disenchanted with the effectiveness of Musk’s Department of Government Efficiency (DOGE) that the Tesla and SpaceX supremo once claimed would save American taxpayers $2 trillion , he has left Trump’s administration entirely. Even DOGE, the crypto asset that counts Musk as its most influential champion, is down 75% from its December 2024 high. Over the last few days, Musk has called for Congressional votes against Trump’s $2.4 trillion One Big Beautiful Bill, calling it...

The Dogecoin price soared 13% in the last 24 hours to trade at $0.3793 as of 9:05 p.m. EST on trading volume that surged 94% to $5.8 billion. Dogecoin Price Aims For A Bullish Rally Continuation The DOGE price Analysis on the 4-hour chart shows a clear breakout from a consolidation phase, signaling renewed bullish momentum. Over the past few weeks, the Dogecoin price was trapped in a rectangular range between $0.30 (support) and $0.34 (resistance). However, in the most recent candles, the DOGE price has decisively broken above this range, signaling a bullish breakout, according to data from GeckoTerminal . The price of Dogecoin has also surged above the 50-day Simple Moving Average (SMA) at $0.3261 and is now challenging the 200-day SMA at $0.3723, a critical resistance level that could confirm a trend reversal if breached convincingly. Meanwhile, the Relative Strength Index (RSI) stands at 77.74, entering overbought territory. This suggests that DOGE is experiencing strong upwa...

Widely followed crypto trader Rekt Capital says that Ethereum (ETH) rival Avalanche (AVAX) is positioning itself for another big rally to new price targets. Rekt Capital tells his 514,000 followers on the social media platform X that AVAX has turned the $38.57 level from resistance to new support that could send it rallying to a price area last witnessed in March of this year. “ Avalanche has officially doubled since successfully retesting the Macro Downtrend as support. Holding the light blue level ($38.57) as support going into December could enable a move into ~$60 over time.” Source: Rekt Capital/X At time of writing, AVAX is trading at $42.90 and is up over 70% in this month. The trader also has his radar on Dogecoin (DOGE), which has printed over 200% rallies in the last few weeks. According to Rekt Capital, DOGE is destined for more upward continuation, and any potential drops below $0.40 would be opportunities for bulls to form positions. ...

The Dogecoin price dropped 7% in the last 24 hours to trade at $0.3670 as of 01:31 a.m. EST on trading volume that plunged 30% to $15.6 billion. Dogecoin Price On A Sustained Bullish Trend The Dogecoin price has been in a significant uptrend recently, with a sharp rise in mid-to-late October and into November. The trend is clear from the steep ascent in price of Dogecoin above both the 50-day (yellow line) and 200-day (red line) Simple Moving Averages (SMAs). This signals strong bullish momentum in the short to medium term, according to data from GeckoTerminal . Moreover, the Relative Strength Index (RSI) is currently around the mid-range, close to 54, which suggests that there is no immediate overbought or oversold condition. This level of RSI indicates a cooling off period after what was likely an overbought condition during the rapid price increase. The RSI cooling off while price remains high could indicate consolidation before the next move. If the Dogecoin price sustains th...

The Department Of Government Efficiency price has soared 309% in the past week and 52% in the last 24 hours to trade at $0.1663 as of 9:20 p.m. EST on a 70% pump in trading volume to $33 million. The sharp rise follows Donald Trump’s landslide win in the US election, and comes amid speculation that he may appoint Elon Musk to head a Department of Government Efficiency (DOGE). The pump made DOGE the top gainer among meme coins over the past week, according to CoinGecko. Department Of Government Efficiency Price: A Parabolic Curve The daily DOGE/USD pair shows a dynamic price structure, marked by a consolidation phase followed by a powerful parabolic rise. Initially, from mid-September to late October, DOGE/USD lingered in a low-volatility range of around $0.01 to $0.02. According to data from GeckoTerminal, this consolidation phase indicates a period of market indecision, where neither buyers nor sellers dominated, resulting in sideways price movement. However, the price sharp...

In what would be a massive development for the meme coin, Dogecoin has seen its trading volume increase as much as 95%, with DOGE now eyeing a massive breakout. Indeed, the token’s success to start the last week of October has it potentially bearing a multi-week breakthrough. The crypto has gotten a boost from Elon Musk once again in the last several weeks. With the Tesla CEO promised a position in Donald Trump’s administration, barring the former president winning reelection this November, the Dogefather has once again pushed the leading meme coin higher. Source – Bitcoinist Also Read: Elon Musk’s Doge Flex Sends Dogecoin Soaring DOGE Boosts 6% Monday as Trading Volume Explodes Earlier this year, Dogecoin saw an unexpected rise derived from Elon Musk. Indeed, the billionaire had sought a position within the US government. Specifically, heading a new department to ensure government spending remains acceptable. That function would be named the Department of Government E...

The Department of Government Efficiency price pumped 4% in the last 24 hours to trade at $0.000005919 as of 6:40 a.m. EST on a 30% drop in trading volume to $266,700. The DOGE price rise came after Elon Musk tweeted that “D.O.G.E will fix it” in response to news that California officials had rejected more SpaceX rocket launches. This is so dumb. SpaceX is literally America's only chance to stay ahead of China in space, and these guys are reading X posts??? pic.twitter.com/P1Sx6oGJ6E — Noah Smith 🐇🇺🇸🇺🇦🇹🇼 (@Noahpinion) October 15, 2024 Musk was referring to Donald Trump’s plan to put him in charge of a Department of Government Efficiency (DOGE) if he retakes the White House after next month’s presidential election. Department of Government Efficiency Price Outlook The UNI/USDT price has been moving strongly upward, peaking at $0.00006009. But after that surge, it’s pulled back about 12.85%,...

The Black Myth Wukong price skyrocketed 56,000% in the last 24 hours to trade at $0.0800 as of 03:31 a.m. EST on trading volume of $5.2 million. The Black Myth Wukong cryptocurrency emerged from the immense popularity and hype surrounding the game Black Myth: Wukong . The game, currently boasting 1,494,045 live players on Steam, reached an all-time peak of 2,223,179 concurrent players on August 20, 2024. Black Myth Wukong Price Could Continue Surging The Black Myth Wukong price soared after launch through a markup phase, as the bulls capitalized on the hype surrounding a new token launch. However, the price of Black Myth Wukong encountered some resistance around $0.10, which resulted in the price correcting back to the $0.016 support level. The WUKONG price then rebounded, forming a rounding bottom pattern. The price of Black Myth Wukong now trades above the 50-day Simple Moving Average (SMA), confirming the bullish prospects of the token. Moreover, the Relative Strength Index ...

Everyone in the cryptocurrency realm is accustomed to the relationship between Dogecoin and Elon Musk . Musk has always shown his love and support for the first and largest meme coin through various actions, however now that relationship with Dogecoin has turned into a lawsuit, as Dogecoin investors are accusing Musk of insider Dogecoin Trading in a lawsuit. From being a mere meme to where Dogecoin stands today, Musk has played a crucial role in embracing and pushing it higher. In fact, his Dogecoin tweets, Twitter acquisition, and recent replacement of the Twitter Blue Bird logo have all pushed DOGE’s price higher. However, Musk has also faced backlash from investors in the form of lawsuits. The Tesla CEO had earlier submitted requests to dismiss a $238 billion lawsuit that accused Musk of inflating the price of Dogecoin. Now, in the latest turn of events, Musk is facing accusations of insider trading in a class action lawsuit by DOGE investors. Source: CoinChapte...