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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.

A panel of crypto industry experts says now is the time to sell dogecoin. The majority of the experts expect DOGE to completely lose its value.

Finder's Experts: Majority See Dogecoin Losing All Value — ‘It's Time to Get out of DOGE'

Dogecoin (CRYPTO: DOGE) was declining almost 2% during Friday's 24-hour trading session after soaring up almost 14% between Tuesday and Thursday. The cryptocurrency sector as a whole has struggled since November 2021 amid soaring inflation, rising interest rates and fears of a looming recession.

A Look At Dogecoin After Fed Rate Hike Boosts S&P 500, Crypto Sector Follows Suit

Bitcoin

Ethereum

A rally in major coins remained intact on Thursday evening as the global cryptocurrency market cap rose 3.8% to $1.09 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 3.9% 3% $23,839.99 Ethereum (CRYPTO: ETH) 5.4% 9.4% $1,725 Dogecoin (CRYPTO: DOGE) 3% -1.25% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Oasis Network (ROSE) +35.2% $0.07 Ethereum Classic (ETC) +24.5% $40.95 Bitcoin Cash (BCH) +22.3% ​​$155.63 See Also: How To Get Free NFTs Why It Matters: Bitcoin and Ethereum spiked even as data released on Thursday showed that the U.S. economy contracted for a second consecutive quarter, falling by an estimated 0.9% between April and June, versus analyst expectations of a 0.5% gain.

Recession? Analyst Says Bitcoin, Ethereum, Dogecoin Rally Looks Set To Continue Unabated

Avalanche

Solana

Chipotle is launching a new game that gives players the chance to win free Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), Solana (SOL) or Dogecoin (DOGE).

Rush to Chipotle To Win Free Bitcoin, Ethereum, Avalanche, Solana, or Dogecoin in New ‘Buy the Dip' Game

Trading data analysis from Capital.com found that retail traders continued to trade Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) despite a bearish crypto market. What Happened: In a report examining retail investor trends in Q2, Capital.com said that DOGE and SHIB remained popular among traders, even as the crypto market took a turn for the worse.

Elon Musk's Dogecoin Boost Caused 380% Daily Spike In Memecoin Traders, Says Report

Dogecoin (CRYPTO: DOGE) developers have created a new resource they believe will be an important weapon against fear, uncertainty and doubt (FUD) surrounding the meme-based cryptocurrency. What Happened: In a tweet on Tuesday, Dogecoin Foundation director Timothy Ebbing shared a link to the new website that developers are calling “Dogepedia.

Doge Devs Share New Weapon Against Dogecoin FUD

Bitcoin and Ethereum traded in the green on Tuesday evening as the global cryptocurrency market cap fell 0.8% to $974.3 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 0.3% -8.7% $21,214.57 Ethereum (CRYPTO: ETH) 0.9% -5.2% $1,448.63 Dogecoin (CRYPTO: DOGE) 0.5% -9.05% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Qtum (QTUM) +7.8% $3.65 OKB (OKB) +5.3% $15.42 Ethereum Classic (ETC) +8.1% ​​$25.16 See Also: Best Crypto Debit Cards Why It Matters: Risk assets like stocks and cryptocurrencies continue to remain correlated.

Bitcoin, Ethereum, Dogecoin Stay Positive Ahead Of Anticipated Fed Rate Hikes, Shrug Off Tech Earnings For Now

Shiba Inu

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were falling about 2% each during Tuesday's 24-hour trading session, in tandem with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were declining about 1.5% and 3.5%, respectively. American billionaire entrepreneur and television personality Mark Cuban said recently that Dogecoin's popularity has been waning, as evidenced by a decrease in Dogecoin transactions for Dallas Mavericks' tickets and merchandise.

Still Tight With Dogecoin, Shiba Inu? A Look At The Cryptos As Popularity Wanes

Billionaire entrepreneur and Dallas Mavericks owner Mark Cuban shared his opinion on what happens to cryptocurrencies when all the “speculators leave.” What Happened: In a recent episode of the Full Send podcast, Cuban described the popular meme-based cryptocurrency Dogecoin (CRYPTO: DOGE) as “the starter drug for crypto” because of how cheap and easy it is to transact with.

Mark Cuban: Dogecoin Was 'Real Money For Us' Until People Lost The Vibe For It

Dogecoin (CRYPTO: DOGE) copycat Teddy Doge (CRYPTO: TEDDY) has orchestrated the latest DeFi rug pull, according to blockchain analytics firm PeckShield. What Happened: PeckShield alerted users that the Teddy Doge developers likely pulled off a “soft rugpull,” making off with $4.5 million worth of investor's tokens.

Dogecoin Copycat On BNB Chain Tanks 99% In $4.5M 'Soft Rug Pull'

Major coins declined sharply Monday evening as the global cryptocurrency market cap fell 5.9% to $979.9 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -5.8% -5.8% $21,287.58 Ethereum (CRYPTO: ETH) -9.8% -9% $1,442.71 Dogecoin (CRYPTO: DOGE) -7.9% -8.3% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Trust Wallet Token (TWT) +3.7% $0.9 TrueUSD (TUSD) +0.05% $1 USDD (USDD) +0.04% ​​$1 See Also: How To Get Free Crypto Why It Matters: Bitcoin and Ethereum plunged sharply as investor sentiment remained subdued ahead of a key policy meeting of the U.S. Federal Reserve and earnings data from major tech giants.

Bitcoin, Ethereum, Dogecoin Plunge As Rate Hike, Recession Fears Pin Down Risk Assets: Here Are 2 Key Apex Crypto Time Frames

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:  Do you think Bitcoin (CRYPTO: BTC) is heading above $40,000 by the end of 2022?

So Do You Believe Bitcoin Is Going Above $40K, Ethereum Above $3K And Dogecoin Above 20 Cents By End Of 2022?

Chipotle Mexican Grill, often referred to as simply Chipotle, has announced a new cryptocurrency game that encourages fans to “Buy the Dip.” The game aims to give away over $200K in crypto rewards and coupons for specific foods priced at a penny. Chipotle Returns With Another Crypto-Infused Contest In April 2021, Bitcoin.

Chipotle's ‘Buy the Dip' Game Plans to Reward Players With $200K in ETH, BTC, SOL, AVAX, and DOGE

A leading restaurant company is celebrating National Avocado Day with a new cryptocurrency themed promotion and game that will give away over $200,000 in prizes. What Happened: A new promotion from Chipotle Mexican Grill (NYSE: CMG) is giving fans the opportunity to win free crypto and get offers for 1-cent guacamole and 1-cent queso blanco.

Chips And 'Buy the Dip'? This Top 10 Restaurant Chain Offering A Chance To Win Bitcoin, Dogecoin And More

Ethereum (CRYPTO: ETH) led cryptocurrency liquidations by a large margin, with $102 million liquidated over the last 24 hours. What Happened: According to data from CoinGlass, ETH saw $59.96 million shorts and $42.47 million longs liquidated over the last day.

Ethereum Sees $102M Liquidations, Bitcoin And Dogecoin Trade Sideways

Dogecoin (DOGE) is in an uptrend as the price breaks above the moving average lines. The uptrend has been staved off as the altcoin finds support above the moving average lines.

Dogecoin Consolidates Above $0.06 as Buyers and Sellers Remain Undecided

Dogecoin was down for a third straight session, despite Elon Musk stating earlier this week that Tesla was still holding the token. Polygon was also down, falling by almost 10% to start the weekend, as cryptocurrencies fell back into the red on Saturday. As of writing, the global crypto market cap is trading 4.81% lower.

Biggest Movers: DOGE Drops Towards $0.05900 Support Level Despite Elon Musk Comments

Binance has stated that proof-of-work (PoW) tokens, including Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC), that have been staked, will not be further lent out. What Happened: Binance recently launched a staking program for proof-of-work tokens Dogecoin and Litecoin.

Binance States It Does Not Lend Or Stake 'Locked' Dogecoin

Dogecoin (DOGE) is rolling out an upgrade offering “important security updates and changes to network efficiency.” Dogecoin developer Patrick Lodder says the upgrade will lower the meme coin's recommended dust limits by around 99%. “This release changes the recommended dust limit for all participants on the Dogecoin network from 1 DOGE to 0.01 DOGE.

Dogecoin Rolls Out Upgrade on Feature Designed To Combat DOGE's ‘Biggest Threat'

Popular retail stock and cryptocurrency brokerage Robinhood Markets Inc (NASDAQ: HOOD) has moved all its Dogecoin (CRYPTO: DOGE) into a single wallet. What Happened: A series of transactions picked up by blockchain wallet tracker Dogecoin Whale Alert found Robinhood has moved all 41 billion DOGE it holds to one address.

Robinhood Moves All 41B Dogecoin Into Single Wallet: What Could It Mean?

Bitcoin, Ethereum and other major coins traded mixed Thursday evening as the global cryptocurrency market rose 1.15% to $1.05 trillion at press time.​​ Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -0.7% 12.7% $23,139.08 Ethereum (CRYPTO: ETH) 3.1% 32.46% $1,575.26 Dogecoin (CRYPTO: DOGE) -0.4% 12.1% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Curve DAO Token (CRV) +21.2% $1.40 Synthetix (SNX) +15% $3.29 Cosmos (ATOM) +14.1% ​​$11.06 See Also: How To Get Free Crypto Why It Matters: The divergence between Bitcoin and Ethereum was in play on Thursday.

Bitcoin, Ethereum Diverge After Tesla Crypto Sale, Dogecoin Slips: Analyst Sees 'Enough Volatility To Make Money'

Dogecoin regressed Wednesday's gains even as the upgrade went live.

Dogecoin's DOGE Sees Volatile Trading After Upgrade

Dogecoin (CRYPTO: DOGE) traded 3.5% lower at $0.07 over 24 hours leading up to early Thursday morning. DOGE fell lower in tandem with other major coins as the global cryptocurrency market cap dropped 3.8% to $1 trillion at press time.

Dogecoin Loses Steam Again Despite Elon Musk's 'Upgrades' Tweet

Tesla Inc (NASDAQ: TSLA) reported its second-quarter earnings after the closing bell on Wednesday, beating analysts' top and bottom line estimates. Here are key figures from the report compared with Wall Street's predictions.

Tesla Hasn't Sold Any Dogecoin, But Elon Musk Says Bitcoin Sale 'Shouldn't Be Taken As A Verdict'

The new Dogecoin (CRYPTO: DOGE) Core1.14.6 update includes security and efficiency upgrades to the underlying blockchain. What Happened: Dogecoin developers released the blockchain update late on Wednesday and urged all network participants to upgrade to the latest version.

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