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Dogecoin

The cryptocurrency was inspired by the popular doge meme that featured an image of a Shibu Inu dog. The satirical nature of dogecoin was initially meant to poke fun at Bitcoin but evolved to serve as a peer-to-peer cryptocurrency used for tipping on social media platforms.

Dogecoin was created in 2013 as a joke by software engineers Billy Markus and Jackson Palmer. Palmer tweeted the idea and Markus approached him to partner on making the concept a reality. 

The cryptocurrency was inspired by the popular doge meme that featured an image of a Shibu Inu dog. The satirical nature of dogecoin was initially meant to poke fun at Bitcoin but evolved to serve as a peer-to-peer cryptocurrency used for tipping on social media platforms. 

Dogecoin’s circulating supply currently exceeds 131 billion. The total supply is uncapped, meaning there is no limit to the amount that can be mined. 

In early 2021, Dogecoin won the adoration of influential figures including Tesla CEO Elon Musk, NBA team owner Mark Cuban, and Snoop Dogg. SpaceX completed a space mission funded by Dogecoin, and Cuban said the Dallas Mavericks would accept payment in DOGE.

Dogecoin has set a 24-hour perpetual futures volume record on Kraken, surpassing Ethereum futures trading volume for the first time.

Bitcoin rally fuels record dogecoin perpetual futures trading volume on Kraken

Dogecoin (CRYPTO: DOGE) has caught traders' attention thanks to bullish chart patterns, even though price remains flat for the time being. What Happened: After a 177% surge in the last month, crypto trader DonAlt highlighted Dogecoin's impressive chart, suggesting that the meme coin is poised for further gains.

Dogecoin Up 177% Over The Past Month, But Traders Say It's Not Done Yet: 'A Dog Deserves At Least Two Legs,' Says One

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) has massive upside potential after a breakout. Analyst Ali Martinez tells his 85,200 followers on the social media platform X that DOGE may continue to surge after printing a bull flag pattern on the four-hour timeframe.

Crypto Analyst Predicts Big Dogecoin Rally After DOGE Prints Bullish Pattern – Here's His Price Target

Rep. Marjorie Taylor Greene, R-Ga., has been tapped to lead a new House subcommittee that will work with the so-called Department of Government Efficiency led by Elon Musk and Vivek Ramaswamy.

Rep. Marjorie Taylor Greene tapped to work with Elon Musk and Vivek Ramaswamy as new DOGE subcommittee chair

Dogecoin (DOGE) has continued its uptrend after the recent dip. Price analysis by Coinidol.com.

Dogecoin Stabilizes Above $0.35 And Continues Its Uptrend

Just over a week ago, Dogecoin touched a three-year high price of $0.43 but the last week has felt quiet compared to what had come before.

Dogecoin Slows Following Monster Gains—What Happened?

Bitcoin

Ethereum

Cryptocurrency markets are trading lower on Wednesday despite strong interest in spot Bitcoin ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,297.59 +1.3% Ethereum (CRYPTO: ETH) $3,076.55 -1.5% Solana (CRYPTO: SOL) $234.51 -3.3% Dogecoin (CRYPTO: DOGE) $0.3765 -6% Shiba Inu (CRYPTO: SHIB) $0.00002387 -5.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 8.8% and daily active addresses falling by 6.4%.

Bitcoin Holding On To $94,000, Ethereum, Dogecoin Trade Lower: 'Place Your Bets, Up Or Down Brothers,' Says Trader

Bonk

Bitcoin's (CRYPTO: BTC) approach toward the psychological $100,000 mark has sparked interest, with inflows into spot ETFs and IBIT options trading contributing to optimism. Statistics: Lookonchain data shows the spot Bitcoin ETFs recording a net inflow of 9,363 BTC ($884.9 million) on Tuesday.

Bitcoin To '$100,000 Is 'Programmed:' Dogecoin, Bonk To Benefit, Veteran Trader Says

Dogecoin donations are now possible via JustGiving as the charity platform adds support for 60+ cryptocurrencies via The Giving Block.

Charity Platform JustGiving Adds Support for Bitcoin, Dogecoin Donations

Coinbase (NASDAQ:COIN) CEO Brian Armstrong has expressed strong support for the newly established Department of Government Efficiency, viewing it as a pivotal opportunity to enhance economic freedom in the United States. What Happened: In a recent post on X (formerly Twitter), Armstrong described DOGE as a “once-in-a-lifetime opportunity” to streamline government operations and reduce its size.

Coinbase CEO Brian Armstrong Backs DOGE Initiative: How Blockchain Could Transform Government Efficiency

Solana

Seasoned trader Peter Brandt believes that top memecoin Dogecoin's (DOGE) price action as of late looks incredibly bullish. Brandt tells his 751,800 followers on the social media platform X that DOGE has broken out of two technical patterns on the weekly chart this year.

Trader Peter Brandt Says One Memecoin Flashing ‘Super Strong' Chart, Predicts Price Rips for XRP and Solana

South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices.

Dogecoin, XRP Trading Volumes Flip Bitcoin's in South Korea

Dogecoin (DOGE) saw a sharp price spike on Tuesday, rising to nearly $0.42, following Bitcoin's record-breaking surge past $94,000.

Dogecoin Traders Face Massive Liquidations as Shorts Get Rekt Amid Surge in Meme Coin Momentum

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) may be gearing up for an explosive surge. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE has more upside potential based on the level of public interest relative to its current price level.

Analyst Says Dogecoin Has Way More Room To Grow, Sees Potential Rally to New All-Time High for DOGE

Traders betting on the future price of Dogecoin have faced liquidations Tuesday, with one Binance user losing $1 million.

Dogecoin Shorts Rekt as Meme Coin Price Pumps Again

Cryptocurrency markets are trading higher, with Bitcoin recording a new all-time high at $94,040, according to Coingecko data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $93,312.89 +2.9% Ethereum (CRYPTO: ETH) $3,122.39 -0.3% Solana (CRYPTO: SOL) $243.76 +2.9% Dogecoin (CRYPTO: DOGE) $0.4053 +10% Shiba Inu (CRYPTO: SHIB) $0.00002537 +4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 102.3% and daily active addresses up by 13%.

Bitcoin Crosses $94,000 For New All-Time High, Dogecoin Back At $0.40, Ethereum Flat: 'Short-Term Price Action Unpredictable,' Say Analysts

Cat-themed Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT) is bound for a significant upwards repricing, according to bullish traders on social media. What Happened: The meme coin currently ranks seventh among meme coins by valuation but leads the pack in the cat coin category.

This Cat Coin Is 'Only 3% Of Dogecoin' But Has A 54% Chance Of Being Listed On Binance Or Coinbase, Polymarket Traders Speculate

With Bitcoin coming close to its record mark again, Dogecoin has jumped 11% on the day to reclaim $0.40 after a few middling days.

Dogecoin Price Leaps Again as Bitcoin Nears All-Time High

DogeCoin is at $55B market cap. It's used for paying bills, investing, and even Elon Musk has a new government department named after Doge.

Who Let The DOGE Out? Why Is A Dogecoin At A $55 Billion Market Cap?

Dogecoin (CRYPTO: DOGE) appears poised for a parabolic run based on technical chart patterns, with analysts predicting a significant rally ahead. What Happened: Elon Musk on Tuesday teased Dogecoin with a post calling himself “The Dogefather.

Dogecoin Up 6% After Elon Musk's 'Dogefather' Tweet: Is This The Start Of A 'Parabolic Run'?

A trader who continues to grow his following with timely crypto calls is outlining a potential price path for Dogecoin's (DOGE) rally to fresh all-time highs.

Top Trader Unveils Path to New All-Time High for Dogecoin, Says DOGE Will Remind Everyone Who Is the King

Pepe

Crypto influencers Jordi Alexander, Justin Bram, Taiki Maeda and Miles Deutscher recently explored the surge in meme coins and their evolving investment strategies. What Happened: In the latest update of the ‘Steady Lads' podcast, Justin Bram, previously focused on Ethereum (CRYPTO: ETH), revealed a major shift in his strategy, stating, "I can confirm that I've sold some ETH," to invest in meme coins like Pepe (CRYPTO: PEPE).

Pepe, Dogecoin At The Center Of Crypto Influencer Discussion: 'If People Want To Make Money, They're Going To Go To Meme Coins'

Cryptocurrency markets are trading relatively flat, with Dogecoin seeing rising momentum. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $90,765.13 +0.7% Ethereum (CRYPTO: ETH) $3,133.91 +0.9% Solana (CRYPTO: SOL) $236.42 -0.2% Dogecoin (CRYPTO: DOGE) $0.3681 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002437 -2.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 16.2% and daily active addresses falling by 12.4%.

Bitcoin, Ethereum Open The Week Relatively Flat, Dogecoin Moves Higher, Trader Marks $91,000 As Key BTC Level To Prevent 'Cool Off'

Dogecoin grabbed headlines with its massive surge, but as it cools off, other meme coins have chalked up bigger gains in the last week.

These Meme Coins Have Pumped More Than Dogecoin This Week

Raoul Pal, CEO of Real Vision, expressed an optimistic outlook for the crypto market, predicting a “banana zone” liquidity surge that will drive prices higher. What Happened: In an appearance on the ‘When Shift Happens' podcast, Pal, who will be a headline speaker at Benzinga's upcoming Future of Digital Assets event on Nov. 19, outlined his strategy, focusing on leading cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), while also highlighting his bullish stance on Sui (CRYPTO: SUI).

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