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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.

Cardano (CRYPTO: ADA) founder and Ethereum (CRYPTO: ETH) co-founder Charles Hoskinson said in an interview that he hopes Tesla Inc (NASDAQ:

Elon Musk's Development Efforts Could Give Dogecoin A 'Value Floor,' Hopes Cardano Founder

Ethereum

Dogecoin (CRYPTO: DOGE) traded 20% higher at press time over 24 hours, making to the list of top gainers as the global cryptocurrency market cap rose 8% to $1.35 trillion on Wednesday night.

Dogecoin Surges 20% As Market Recovers, Ethereum Hovers Below $2,000

The meme coin is making a comeback. Will it ever touch its all-time high of $0.73 again?

Dogecoin Ain't Dead Yet: Price Rises 20% After Weeks of Struggle

Looking to short Dogecoin? You can do so on ByBit!

How To Short Dogecoin

A proof of concept which reduces DOGE transaction fees by 10% is an “important improvement,” says Musk.

Dogecoin Devs and Elon Musk Push Fee-Reduction Proposal

Bitcoin

Famed short seller John Hempton believes that Bitcoin (CRYPTO: BTC) has not bottomed until the price of meme cryptocurrency Dogecoin (CRYPTO:DOGE) falls to below 1 cent.

Famed Short Seller Says Bitcoin Hasn't Bottomed Until Dogecoin Slips Below 1 Cent

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk donated 150,000 Dogecoin (CRYPTO: DOGE) in February which funded 63 individuals in Rwanda who lost their income due to COVID-19, according to a social media post by GiveDirectly.

Elon Musk's Dogecoin Donation Helped 63 People Financially Hit By COVID-19, Says Charity

Famed Dogecoin (CRYPTO: DOGE) investor Glauber Contessoto has refused to sell his holdings in the meme cryptocurrency despite losing his millionaire status following the selloff in the cryptocurrency market earlier in the week.

Diamond Hands? Famed Dogecoin Investor Says Not Selling Despite Losing Millionaire Status

Some shades of green returned to the battered cryptocurrency market on Tuesday night with meme-based Dogecoin (CRYPTO: DOGE) registering near 8% gains. What Happened: DOGE traded 7.93% higher at $0.19 at press time over 24 hours.

Dogecoin Surges 8% As Wider Cryptocurrency Market Shows Slight Recovery

The price of the Dogecoin continues to sink, down 40% in the last seven days.

He's Not a Dogecoin Millionaire. Because He Didn't Sell

Several companies have launched marketing campaigns aimed at the cryptocurrency crowd. A new campaign timed with the dip in Dogecoin could help boost brand awareness for a company.

Tostitos Goes After Dogecoin And Crypto Crowd With New 'Don't Buy The Dip' Promotion

Dogecoin has under-performed against its rivals in the current market downturn–and it's not hard to see why.

Dogecoin: The Joke Bitcoin Rival Shilled By Elon Musk That Wasn't So Funny After All

What Happened: Crypto markets entered a downward spiral after China's central bank warned financial institutions against dealing with cryptocurrency-related services.

Dogecoin Selloff Continues Despite Elon Musk's Attempt To Rescue The Coin

The CEO of derivatives exchange FTX Sam Bankman-Fried called Dogecoin (CRYPTO: DOGE), the “asset of the year for 2020 and 2021,” during an appearance on The Jax Jones and Martin Warner Show podcast. What Happened: “[Dogecoin] is the asset the accurately reflects our current economic climate,” said the billionaire.

Dogecoin As An Asset 'Accurately Reflects' Current Economic Climate, Says FTX CEO

Bitcoin and cryptocurrencies have been sent into a tailspin during the last few days as a fresh China cryptocurrency crackdown sparks fear among traders...

As The Bitcoin Price Holds, These Smaller Tokens Are Still Crashing—Erasing $100 Billion Of Crypto Value

Dogecoin (CRYPTO: DOGE) tanked 26.29% over 24 hours leading to press time at $0.20. The Shiba Inu-themed coin has shrunk 39.5% over the last seven days.

Why Is Dogecoin In Such A Slumber Right Now?

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus has sparked optimism in the Dogecoin community after he revealed he has purchased the meme cryptocurrency on the dip, for the first time in eight years.

Dogecoin Co-Creator Buys Into Meme Coin On Dip For First Time In 8 Years, Strikes A Message Of Hope

Major cryptocurrencies slumped Monday night with the rout denting global cryptocurrency market capitalization by 14.5% to $1.27 trillion.

Dogecoin Tanks 28% In Massive Crypto Rout, Ethereum Falls Below $2,000 Mark

The Dogecoin-branded car crashed in Stage 2 at Nashville Superspeedway. DOGE's price has similarly crashed nearly 20% in the last 24 hours.

Dogecoin-Branded NASCAR Crashes as Badly as DOGE

As a firm crackdown in China has crippled Bitcoin, a broad swath of the crypto markets have tanked alongside the leading coin. 

Dogecoin Drops 15% as Meme Token Continues Weeks-Long Slide

Officials told state media they have halted 90% of the country's bitcoin mining operations.

Major Cryptocurrencies—Including Bitcoin, Ethereum, Dogecoin—Plummet As China Widens Crackdown

Coinbase announced that its Coinbase debit card holders will be able to make retail purchases with their Bitcoin, Ethereum, or Dogecoin holdings by linking the card to Apple Pay and Google Pay. It sounds good, but paying with cryptocurrencies is a big mistake for most people.

You'd Be Crazy To Spend Your Bitcoin, Ethereum, Or Dogecoin With Coinbase's Debit Card

Those living in the Lone Star State will be able to buy Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) along with their apples and oranges soon.

You Can Now Buy Bitcoin, Dogecoin, Ethereum Alongside Apples, Oranges At H-E-B's Houston Stores

Dogecoin (CRYPTO: DOGE) slipped over 2% at press time on Sunday night after a weekend that saw a car bearing the Shiba Inu mascot crash into a well at NASCAR. What Happened: DOGE traded 2.1% lower at $0.28 at press time over a 24-hour period.

Dogecoin Slips Another 2% After Nascar Appearance As Bitcoin, Ethereum Hold Together

The 29-year-old billionaire CEO of crypto derivatives exchange FTX considers the meme cryptocurrency Dogecoin (DOGE) the asset of the year. In a new interview on The Jax Jones and Martin Warner Show, Sam Bankman-Fried explains how economic conditions in the past year have pushed retail investors to bet on the Shiba Inu-themed crypto asset.  “If […] The post Dogecoin Asset of the Year, Says Crypto Exchange CEO – Here's Why appeared first on The Daily Hodl.

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