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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.

Bitcoin

Ethereum

Not all industry participants are amused by dogecoin's tricks.

Market Wrap: It's 'Doge Day Afternoon' as Memecoin Jumps 47%; Ether and Bitcoin Rise

What are tokenomics? Tokenomics are the economics of tokens: specifically, how many there are, how many can be created, and how they're created (or destroyed). The post Will Dogecoin Reach a Dollar? appeared first on Bitcoin Market Journal.

Will Dogecoin Reach a Dollar?

Elon Musk's tweets send prices of bitcoin & dogecoin on roller coaster rides. Now options market makers are contributing to the volatility.

Week in Review: Bitcoin and Dogecoin's Wild Ride, Elon Musk's Market Influence

Whatever his intent, to make money or to play games, Musk is putting DOGE holders in a uniquely vulnerable position.

Musk Has Doge on a Leash. Is He a Manipulator?

They are working with him to make the cryptocurrency a cheaper, greener alternative to Bitcoin.

Exclusive: Dogecoin Developers Say They've Been Working with Elon Musk Since 2019

A Goldman Sachs executive is quitting his job after reportedly making a fortune trading Dogecoin. Based in London, Aziz McMahon, managing director and head of emerging market sales, had been with the U.S. investment bank since 2007, according to his LinkedIn profile. McMahon's abrupt departure was first reported by The Telegraph, which says McMahon has made […] The post Goldman Sachs Executive Quits After Making Fortune on Dogecoin: Report appeared first on The Daily Hodl.

Goldman Sachs Executive Quits After Making Fortune on Dogecoin: Report

The recent frenzy surrounding the DOGE memecoin has pushed its trading volume to surpass that of Bitcoin and even some Forex currencies. Fueled by tweets from Elon Musk, Dogecoin has been dominating price charts on most Korean crypto exchanges, leading to a meteoric rise in its price and increased popularity in decentralized media outlets. The […] The post Crypto Trading Volumes Swell As Numbers for Dogecoin Reportedly Outpace Bitcoin appeared first on The Daily Hodl.

Crypto Trading Volumes Swell As Numbers for Dogecoin Reportedly Outpace Bitcoin

Coinbase will be listing dogecoin in the next six to eight weeks, the company's CEO has revealed. Interest in the meme cryptocurrency has spiked, touted by Tesla CEO Elon Musk, who calls himself the Dogefather. Coinbase CEO Brian Armstrong said during the company's earnings call Thursday that his exchange will list dogecoin in the next […]

Coinbase to List Dogecoin in 6-8 Weeks, CEO Reveals

Musk said he is working with the cryptocurrency's developers to help make it more efficient.

Dogecoin Stages A Comeback Amid Crypto's $300 Billion Crash, Soaring 30% As Elon Musk And Coinbase Signal Confidence

The bitcoin and cryptocurrency roller coaster has continued its wild ride this week, with, dogecoin, the "joke" digital currency, jumping in value...

Elon Musk Again Sent The Dogecoin Price Sharply Higher—After Revealing He ‘Strongly' Believes In Bitcoin And Crypto

Musk said he was working with developers to improve Doge's "network transaction efficiency."

Dogecoin Jumps 22% as Elon Musk Hints at Improving Network's Transaction Efficiency

Dogecoin refuses to roll over and play dead.

Dogecoin Price Jumps 30% After Coinbase Says It Will List Token

Elon Musk tweeted that he has engaged with “Working with Doge devs to improve system transaction efficiency.”

Elon Musk Claims He Is “Working With Doge Devs” On Potential Improvements

CEO Brian Armstrong said on the company's Q1 earnings call that it would list coins on the first day that they trade.

Coinbase Will List Newly Minted Coins in the Future, Add DOGE: CEO

This is the firm's first earnings report after its long awaited direct listing, and results are consistent with its March projections. The post Coinbase says it will support more assets, including DOGE, amid strong Q1 earnings appeared first on The Block.

Coinbase says it will support more assets, including DOGE, amid strong Q1 earnings

Coinbase CEO Brian Armstrong delivered some good news for Doge enthusiasts on a Thursday earnings call.

Coinbase to Add Doge Coin in Next 6-8 Weeks

Coinbase will add meme-based cryptocurrency dogecoin to the U.S. cryptocurrency exchange's offerings, CEO Brian Armstrong said on the company's Q1 earnings call. This story is developing and will be updated.

Coinbase to Add Dogecoin in the Next 6-8 Weeks

Bitcoin and cryptocurrency markets plummeted by around $300 billion over night before slightly rebounding after Tesla billionaire Elon Musk and ethereum cofounder Vitalik Buterin sent shockwaves through the sector...

Tesla And Ethereum Billionaires Spark Shock $300 Billion Crypto Price Crash As Bitcoin And Dogecoin Suddenly Plummet

The DevOps team will be responsible for expanding projects related to the memecoin.

Dogecoin to Get DevOps Support for Commercial Apps Via DogeLabs.IO, AppSwarm

The meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U.S. dollar during the last 12 months. Dogecoin's price gains have pushed interest toward the cryptocurrency, quickly making it a recognizable name. A recently published survey from the web portal gamblerspick.com suggests one out of every four Americans “believe […]

Survey: 1 in 4 American Investors Believe Dogecoin is the Future

The Ethereum creator has turned a memecoin marketing stunt on its head.

Vitalik's Regift of Unsolicited DOGE Knockoffs Sends Memecoin Prices Plunging

A wall of capital is being relocated into altcoins while Bitcoin (BTC) trades sideways, says blockchain analytics firm Glassnode. In their latest newsletter, Glassnode says that altcoins, led by Ethereum (ETH), are benefiting from Bitcoin's lack of action and sucking in huge amounts of money. The widely-followed analytics firm says that Bitcoin's on-chain data is […] The post Wall of Capital Descending on Altcoins As Bitcoin Consolidates: Glassnode appeared first on The Daily Hodl.

Wall of Capital Descending on Altcoins As Bitcoin Consolidates: Glassnode

Dogecoin is too dependent on the personality cult of one man to ever become truly viable, like, say, Bitcoin.

The Node: Too Musk Power for One Man

Avalanche

Dogecoin, the tongue-in-cheek cryptocurrency that's exploded into the limelight this year, has again found support from Tesla billionaire Elon Musk...

Elon Musk Attracts 4 Million Doge Army Avalanche As Wild Tesla Speculation Helps The Dogecoin Price To Suddenly Soar

The price of another dog-themed token is surging after its abrupt listing on global crypto exchange Binance.  On Monday, Binance announced that Shiba Inu (SHIB) is available for trading for the SHIB/BUSD (Binance USD) and SHIB/USDT (Tether) trading pairs. Shiba Inu (SHIB) is a meme coin created in a similar spirit as Dogecoin (DOGE). According […] The post Meme Crypto Asset Surges 167% After Abrupt Binance Listing – And It's Not Dogecoin appeared first on The Daily Hodl.

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