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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 (CRYPTO: DOGE) has rebounded following a positive CPI data release, fuelling hopes for a continuation of the rally higher. What Happened: Prominent crypto trader Kevin shared his analysis of Dogecoin, highlighting a bullish pattern emerging on the four-hour chart.

Dogecoin Pumps 8% And Its Next Move 'Could Be Huge,' Touts Trader

Pepe

Shiba Inu

The meme coin economy is thriving on Wednesday, ahead of the U.S. Federal Reserve meeting, as the sector saw nearly $4 billion injected over the last 12 hours. Several meme tokens experienced substantial gains, with BENJI rising 36.9%, MAGA increasing 23.2%, and the runes-based DOG gaining 22.1%. Crypto Market Rises 3.

Meme Coin Economy Gains $4 Billion Capital Injection Ahead of Fed Meeting

Bitcoin

Ether

Leading cryptocurrencies slid sharply on Tuesday as investors' risk appetite tapers ahead of key inflation data and the Federal Reserve's interest rate decision. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Slip Ahead Of Fed's Interest Rate Decision: Analyst Says Correction Usual For King Crypto Before Uptrend Resumes

Cryptocurrency markets have sold off prior to the CPI data release on Wednesday, with major meme coins being hit particularly hard. Prices as of 3.30 p.m.

Bitcoin, Ethereum, Dogecoin Dump Before FOMC Wednesday: Here's What They Did After Prior Meetings

Meme coins remain a major force in the cryptocurrency market and drive major trading volume, according to a new research report. What Happened: The Coinmetrics report highlights that meme coins, including popular tokens like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), have garnered substantial attention, achieving $13 billion in trading volumes over a seven-day period in March.

Dogecoin, Shiba Inu Continue To Drive High Trading Volume, Report Finds

The recent performance of meme coins has sparked a debate among crypto experts about whether they can maintain their popularity and achieve long-term growth without significant innovation. What Happened: Meme coins have not performed as well as during the first quarter of the year.

Why Are Dogecoin, Shiba Inu And Other Meme Coins Struggling?

Meme coins have taken a beating following the market-wide downturn led by Bitcoin selling off below the $67,000 mark. What Happened: CoinGecko data shows a 7.5% drop in the market capitalization of meme coins over the past 24 hours.

Dogecoin, Shiba Inu, Pepe Take A Beating: '1 Day' Is A Meme Coin's Average Life Cycle, Trader Notes

In a striking story of financial ups and downs, a young investor turned a $6,000 investment into $250,000 through trading Dogecoin (DOGE), Shiba Inu (SHIB), GameStop (GME), and AMC (AMC) stocks. Her windfall, however, was short-lived.

Dogecoin's Volatility: A Cautionary Tale

Floki Inu (CRYPTO: FLOKI) announced the launch of its new name service enhancing utility and fundamentals of the ecosystem, prompting renewed bullish price predictions from analysts. What Happened: Floki announced that its "Floki Name Service" is now available exclusively on BNB Chain mainnet.

Floki Inu Launches 'Name Service' Adding Higher Utility, Leaves Dogecoin, Shiba Inu In Dust With 47% Monthly Gains

Leading cryptocurrencies traded mostly flat on Monday, as efforts by bulls for an upside breakout stalled yet again. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Remain Choppy, Analyst Forecasts 2X-10X Increase For King Crypto This Bull Cycle

Cryptocurrency markets have been trading mostly flat ahead of major economic data releases on Wednesday.

Bitcoin Briefly Tastes $70K, ETH, DOGE Continue In The Red: 'Liquidity Zone Around $73,000' Might Be Tapped, Says Trader

Despite Dogecoin's (CRYPTO: DOGE) 10% week-over-week drop, a prominent crypto trader sees a bullish chart pattern forebode stronger price performance. What Happened: Crypto trader Kevin shared his optimistic perspective on Dogecoin, highlighting the meme coin's resilience compared to other altcoins during a prolonged market slump.

'Dogecoin Looks Much Stronger Than Most Altcoins' And Could Continue To 'Golden Pocket' At $0.26, Says Trader

The price of Dogecoin (DOGE) has fallen below the moving average lines, previously trapped between the moving average lines.

Dogecoin Price Fluctuates Above $0.148 As Traders Become Hesitant

The world's first and arguably most popular memecoin, Dogecoin (CRYPTO: DOGE) has faced flak from skeptics over its speculative nature and lack of tangible use cases. What Happened: Brad Garlinghouse, CEO of Ripple, made one of the sharpest attacks on the dog-themed cryptocurrency at the Consensus 2024 event last week when he said, "I don't think Dogecoin has been a good thing for the industry.

Ripple CEO Brad Garlinghouse's Remarks Revive Dogecoin's Utility Vs Speculation Debate: 'Don't Know What The Use Case Is'

Leading cryptocurrencies maintained sideways movement Sunday evening as investors eyed the Fed's interest rate decision and inflation data for guidance. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Move Sideways Ahead Of Fed's FOMC Meet: Analyst Says 'Only A Matter Of Time' Before King Crypto Hits $74K

A pseudonymous cryptocurrency trader shared a cautionary tale about the dangers of sudden wealth from cryptocurrency and meme coin trading. What Happened: The story involves a girl who made $250,000 from Dogecoin (CRYPTO: DOGE) and some from Shiba Inu (CRYPTO: SHIB), GameStop (CRYPTO: GME) and AMC (CRYPTO: AMC) but squandered it within six months.

Dogecoin Trader Who Made $250K Spends It All On Donations, Drugs, Concerts, Tattoos

Cryptocurrency markets are trading down with a liquidation cascade following the Roaring Kitty live stream ending the trading week on a negative note. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $69,334.36 -1.9% Ethereum (CRYPTO: ETH) $3,696.18 -2.7% Solana (CRYPTO: SOL) $162.82 -3.7% Dogecoin (CRYPTO: DOGE) $0.1484 -7.1% Shiba Inu (CRYPTO: SHIB) $0.00002367 -6.1% Notable Statistics: Coinglass data noted $337.08 million in crypto liquidations in just four hours, with the majority accounting for long liquidations.

Bitcoin, Ethereum, Dogecoin End Week With Strong Sell-Off As Traders React To Roring Kitty Stream

With Bitcoin (CRYPTO: BTC) failing to rally to a new all-time high in face of stronger-than-anticipated labor market data, one trader expects sideways price action until next week. What Happened: Pseudonymous trader Kevin predicts minimal price movement in the coming days ahead of significant economic data on Wednesday, June 12.

Bitcoin, Ethereum, Dogecoin Headed For 'Complete Sideways' Until CPI, FOMC Data Next Wednesday, Says Trader

Leading cryptocurrencies retreated Thursday as investors took a cautious approach before the eagerly awaited U.S. labor market data.

Bitcoin, Ethereum, Dogecoin Pull Back As Market Pins Hopes On Key Jobs Data To Push King Crypto To New ATH

Cryptocurrency markets are trading slightly down despite strong ETF inflows for the last 17 days. Prices as of 4 p.m.

Bitcoin, Ethereum, Dogecoin Losing Steam Before 'Fifth Attempt To Break This BTC $72-$73K Resistance Level'

Institutional investors on crypto exchange Bybit increased meme coin allocations to a high of $300 million in April from $63 million at the start of this year.

Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE

Leading cryptocurrencies inched higher as a weaker private sector jobs report drove investors' risk appetite. Cryptocurrency Gains +/- Price (Recorded 8:35 p.m.

Bitcoin, Ethereum, Dogecoin Rise On Weakening Labor Market Indicator: Analyst Says He Will Dish Out Cash For Retweets If King Crypto Doesn't Hit $95K By This Time

Cryptocurrency markets are trading in the green on Wednesday, led by the second-highest day of inflows into spot Bitcoin ETFs since their launch.. Prices as of 4 p.m.

Bitcoin, Ethereum, Dogecoin Continue Higher: '$80K By End Of June' Would Not Be A Surprise Says Trader

Meme coin leader Dogecoin (CRYPTO: DOGE) has attracted the attention of crypto analysts predicting imminent price discovery. What Happened: Cryptocurrency analyst Zer0 shared his insights about the behavior of Dogecoin during Bitcoin (CRYPTO: BTC) price discovery phases, noting that Dogecoin tends to stabilize around 80% below its previous all-time high during these periods.

Will Dogecoin's Price Discovery Follow Bitcoin Like It Did Historically?

Crypto analyst Altcoin Sherpa shared strategies for trading and investing in various portfolio sizes, offering tailored advice for crypto enthusiasts with different financial backgrounds. What Happened: Sherpa's tweet breaks down investment strategies into different tiers based on the amount of capital one is working with.

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