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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's (CRYPTO: DOGE) bullish trajectory has traders speculating about how quickly the meme coin king could reach previous highs. What Happened: Crypto trader Kevin recalled that when Dogecoin peaked at all-time highs, it took on average 1,200 days until the next one.

Dogecoin Could Reach A New All-Time High 'By The End Of August'

Pepe

Shiba Inu

Prominent crypto trader Altcoin Sherpa weighed in on the future of meme coins, saying a “meme coin supercycle” is still likely but could play out different than expected. What Happened: Sherpa stated in a post on X that a meme coin super cycle is likely, but it will not resemble the Shiba Inu (CRYPTO: SHIB) runs of the past, which was catching up with Dogecoin (CRYPTO: DOGE).

Dogecoin, Shiba Inu, Pepe Will Still Have Supercycle But '2021 May Never Happen Again,' Muses Trader

The injection of positive volatility sent memecoins rallying Monday, with coins from the sector emerging as the cryptocurrency market's biggest gainers. What Happened: Frog-themed Pepe was the best-performing cryptocurrency in the last 24 hours, with gains upwards of 25%.

Pepe, dogwifhat, Floki Explode Amid Searing Memecoin Rally — Dogecoin, Shiba Inu Rise As Well

Bitcoin

Ether

The Bitcoin market maintained its strong weekend momentum into Monday, as Donald Trump's failed assassination attempt and Federal Reserve Chair Jerome Powell's positive speech bolstered risk appetite. Cryptocurrency Gains +/- Price (Recorded 9 p.m.

Bitcoin, Ethereum, Dogecoin Extend Rally Triggered By Failed Trump Assassination Attempt: Analyst Calls Pullback To $60K As King Crypto's Next 'Big Test'

Cryptocurrency markets are trading higher in the aftermath of the failed assassination attempt on former President Donald Trump . Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,450.42 +5.9% Ethereum (CRYPTO: ETH) $3,413.92 +7% Solana (CRYPTO: SOL) $155.8 +7.3% Dogecoin (CRYPTO: DOGE) $0.12 +8% Shiba Inu (CRYPTO: SHIB) $0.00001853 +7.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4% and daily active addresses growing by 27.5%.

Bitcoin, Ethereum, Dogecoin Continue Their Green Streak, But 'Big Test' Could Come On A $60K Retest

Dogecoin's (CRYPTO: DOGE) 8% rally over the past week prompted new bullish price predictions from traders. What Happened: Crypto Daily Trade Signals outlines that the next crucial resistance for the meme coin is at $0.116 and if breached, it would "put DOGE back in the bullish reversal pattern of a descending wedge.

Dogecoin Up 8% But One Indicator Shows It Could Explode 75% Higher Still

Leading cryptocurrencies strongly rebounded Sunday, owing to what appeared to be a bullish bias toward presidential candidate Donald Trump surviving an assassination attempt. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Recover As Market Reacts Positively To Trump Escaping Assassination Attempt: Analyst Predicts King Crypto's Pullback Before Rise To $63.8K

One leading crypto strategist thinks that a dog-themed Solana (SOL)-based memecoin is headed to much lower prices. In a new video, pseudonymous analyst Credible Crypto tells his 55,500 YouTube subscribers that dogwifhat (WIF) likely has not yet formed a market bottom.

Crypto Trader Says Solana-Based Altcoin Primed To Plunge Further, Outlines Path Forward for Pepe and Dogecoin

A widely followed crypto analyst thinks that one memecoin is gearing up to soar to higher levels later this year. The analyst pseudonymously known as Altcoin Sherpa tells his 217,700 followers on the social media platform X that he remains long-term bullish on Dogecoin (DOGE) despite its ongoing downtrend.

Trader Says One Blue-Chip Memecoin Will ‘Do Big Numbers' This Year, Updates Outlook on Bitcoin and Ethereum

Cryptocurrency markets are trading up as PPI data has sparked speculation of an interest cut in September. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $57,825.58 +0.6% Ethereum (CRYPTO: ETH) $3,129.43 +0.5% Solana (CRYPTO: SOL) $138.75 +1.2% Dogecoin (CRYPTO: DOGE) $0.1076 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00001644 +0.3% Notable Statistics: IntoTheBlock notes that 83% of Bitcoin holders are in profit at current levels despite the volatility.

Bitcoin, Ethereum, Dogecoin Recover As Germany Runs Out Of BTC To Sell

Dogecoin's (CRYPTO: DOGE) 25% monthly drop has taken it back to April 2021 levels, but traders remain optimistic for the longer run. What Happened: Trader Altcoin Sherpa, in his latest tweet, pointed out that it is painful to see Dogecoin retrace a majority of its move and head back to value.

What Is Going On With Dogecoin's 'Painful' Price Action?

Tesla CEO Elon Musk responded to criticism of President Joe Biden‘s age and fitness with a cheeky remark during a conversation on social platform X. What Happened: On Thursday, DogeDesigner, a pseudonymous user who works as a graphic designer in the Dogecoin (CRYPTO: DOGE) ecosystem, raised questions about the incumbent's public interactions, saying, “Every time I see Biden speaking, I wonder how this man became the President of America.

Elon Musk Weighs In On Dogecoin Designer's Criticism Of Biden: 'Late-Stage Civilization Vibes'

Leading cryptocurrencies gave up their early morning gains as the cooler-than-expected inflation data ended up becoming a ‘buy the rumor, sell the news' event. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Cool Down After Morning Spike On Positive Inflation Data: Analyst Underscores Importance Of King Crypto's Break Above $60K

Cryptocurrency markets are trading relatively flat despite positive macroeconomic data fueling hopes of a September interest rate cut. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $57,371.10 -0.09% Ethereum (CRYPTO: ETH) $3,107.17 -0.05% Solana (CRYPTO: SOL) $136.57 -3.3% Dogecoin (CRYPTO: DOGE) $0.1071 -0.8% Shiba Inu (CRYPTO: SHIB) $0.0000164 +0.35 Notable Statistics: IntoTheBlock data notes a 79.8% increase in exchange netflows, while daily activity addresses rose by 4.2%.

Bitcoin, Ethereum, Dogecoin Consolidate: 'No Need To Add More Risk Here,' Trader Warns

Bitcoin remained rangebound, while Ethereum and Dogecoin gained Wednesday, as investors pin hopes on incoming inflation numbers to move the cryptocurrency market. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin Moves Sideways, Ethereum, Dogecoin Gain Ahead Of Key Inflation Data Release: Analyst Says Bias To Remain Neutral Or Bearish Until This Happens

Cryptocurrency markets are trading relatively flat or marginally higher as markets await the Ethereum ETF approval. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $57,504.51 -0.4% Ethereum (CRYPTO: ETH) $3,106.33 +1.4% Solana (CRYPTO: SOL) $141.23 -0.5% Dogecoin (CRYPTO: DOGE) $0.108 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00001637 +0.5% Notable Statistics: IntoTheBlock data large transaction volume declining by 10.4%, while transactions greater than $100,000 from 7,867 on July 8 to 7,269 on July 9.

Bitcoin, Ethereum, Dogecoin Go Sideways: 'Potentially Same Thing Happening' As In 2023, Says Trader

The cryptocurrency market recorded another day of gains Tuesday, as investors regained confidence following last week's bloodshed. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Recover As Federal Reserve Chair Powell Says Rate Cut Not 'Appropriate' For Now: Analyst Says Last Week's Drop Could Be Termed Fake Breakdown If King Crypto Retakes $60K

Cryptocurrency markets are trading higher amid surging whale transactions. The market awaits the Ethereum ETF approval during a big week of economic data lined up.

Bitcoin, Ethereum, Dogecoin Trade In Green As Whale Transactions Surge: 'Crypto Markets To Be Boring For The Next 2-3 Months'

As Dogecoin (CRYPTO: DOGE) takes the first step in real-world utility, traders remain cautious about the meme coin's upcoming performance. What Happened: Notable crypto trader Crypto Tony tweeted that the market is awaiting a DOGE pump.

Dogecoin Trades Flat, 'Price Recovery Faces Hurdle' After This Key Level: Crypto Trader Says

The price of Dogecoin (DOGE) dropped to the predicted level of $0.09 on July 5. Cryptocurrency price analysis brought by Coinidol.com.

DOGE Reaches Bearish Exhaustion But Rises Above $0.090

Timothy Stebbing, product lead at the Dogecoin (CRYPTO: DOGE) Foundation, has voiced his concerns over market manipulation and its impact on the popular memecoin's community. What Happened: On Monday, Stebbing took to X, formerly Twitter, to express his frustration with certain organizations that he believes purposely spread negative information about the cryptocurrency online.

Dogecoin Product Lead Highlights Efforts To Spread FUD About The Good Boy: 'Some Organizations Want It To Fail'

Memecoins rebounded with a strong rally Monday, with popular tokens like Bonk and Pepe featuring among the market's best performers. What Happened: Solana (CRYPTO: SOL)-based canine coin, Bonk, became the biggest gainer in the last 24 hours.

Bonk Memecoin Star Of The Day, Shoots Up Nearly 20% — Pepe And Floki Chart Impressive Gains Leaving Dogecoin, Shiba Inu Trailing In The Dust

The cryptocurrency market rebounded from its earlier slump Monday, even as fears of the sale of seized Bitcoin by the German government loom large. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Shoot Up Amid German Government's Sell-Off Scare: Analyst Says 'King Crypto Is Nearing Its Bottom'

Cryptocurrency markets are slightly down after a volatile trading day impacted by the German government continuing to liquidate its Bitcoin. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $56,295.10 -1.4% Ethereum (CRYPTO: ETH) $2,995.75 +0.4% Solana (CRYPTO: SOL) $137.85 +0.2% Dogecoin (CRYPTO: DOGE) $0.1074 -0.4% Shiba Inu (CRYPTO: SHIB) $0.00001628 +1.8% Notable Statistics: IntoTheBlock data notes that 82% of Bitcoin holders are currently in profit, down from almost 100% a few weeks ago.

Bitcoin, Ethereum, Dogecoin Slightly Down, But Short Liquidations Peak And A Bullish Signal Is 'Within Reach,' Data Says

Influential cryptocurrency trader Kevin shared his analysis on the current market correction of Dogecoin (CRYPTO: DOGE), suggesting that the worst could be over for the king of memecoins if the pattern follows previous cycles. What Happened: Kevin took to X Sunday to share his insights on the ongoing market correction of Dogecoin.

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