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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.

The price of Dogecoin (DOGE) is above the 50-day SMA support but below the 21-day SMA. Since May 21, bulls and bears have been at odds over the market direction.

Dogecoin Share Price Fluctuates As It Slumps To $0.154 Low

Dogecoin's (CRYPTO: DOGE) recent price rally has prompted significant buying activity from Dogecoin whales and bullish trader predictions for the apex meme coin. What Happened: Crypto technical analyst Ali Martinez noted in his latest tweet that Dogecoin whales purchased an additional 200 million DOGE since May 30.

Dogecoin Whales Load Additional 200M DOGE In 4 Days: 'Breakout Ready To Occur Any Day,' Trader Predicts

Bitcoin

Ether

Leading cryptocurrencies continued their range-bound price action Monday following a brief spike. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin Moves Past Key $70K Level But Then Retreats Along With Ethereum And Dogecoin: Analyst Says, 'This Bull Market Isn't Slow'

Cryptocurrency markets have started the week in green, as traders anticipate the impact of Ethereum spot ETFs. Prices as of 4 p.m.

Bitcoin, Ethereum, Dogecoin Spike, But: 'Monday Pump And Then Tuesday Dump Scenario Is Possible,' Warns Trader

Dogecoin (CRYPTO: DOGE) gears up for a breakout as cryptocurrency analyst CryptoKaleo predicts a surge beyond Bitcoin's (CRYPTO: BTC) gains. What Happened: CryptoKaleo shared his bullish outlook on Dogecoin in his Monday tweet, saying "The secret about Dogecoin is – it moves sideways for extended periods, followed by rapid, vertical growth.

Dogecoin's 23% Monthly Gains Steels Trader's 'Insanely High Conviction' DOGE Will Outpace Bitcoin

Shiba Inu

Pseudonymous trader Unipcs, better known as “Bonk Guy,” predicted a strong week for meme coins, with Floki (CRYPTO: FLOKI) being the most interesting. What Happened: On Monday, Unipcs compared Floki's chart against several other cryptocurrencies, including Tether, Bitcoin, Dogecoin (CRYPTO: DOGE) and Pepe (CRYPTO: PEPE).

Floki Up 11% And 'The Most Interesting Meme Coin,' Says Millionaire Trader Who Holds Only 1 Out Of Dogecoin And Shiba Inu

Solana

Cryptocurrencies linked with social messaging giant Telegram like Toncoin (CRYPTO: TON) and Notcoin (CRYPTO: NOT) edged higher on Sunday, even as the broader market moved sideways. What Happened: NOT accumulated double-digit gains in the last 24 hours, with trading volumes spiking 141% to $4.43 billion.

Telegram-Linked Notcoin Pips Solana, Dogecoin In Volumes To Become Fourth-Most Traded Crypto

Dog-themed memecoin Bonk (CRYPTO: BONK) has corrected since hitting its peak last week, but an analyst feels such retests are great confirmation signals for further upside. What Happened: On Sunday, prominent cryptocurrency trader Rekt Capital took to X, formerly Twitter, to express his views on the trajectory of the Solana (CRYPTO: SOL)-based token.

Solana's Answer To Dogecoin Is Correcting But Analyst Says It Could Be Confirmation That Bon Has More Upside

A deepfake video featuring Tesla and SpaceX CEO Elon Musk promoting a cryptocurrency scam has been circulating on the video streaming platform Youtube, eliciting surprise from the public and the man himself. What Happened: On Sunday, an X user named DogeDesigner published a clip from the deepfake Tesla's livestream event, supposedly featuring Musk inviting viewers to deposit their cryptocurrency holdings in exchange for twice as many.

Elon Musk Expresses Surprise At Deepfake YouTube Video Aimed At Scamming Bitcoin, Ethereum, and Dogecoin Holders

Leading cryptocurrencies remained in balance on Sunday as investors awaited a strong trigger to move the market either way.

Bitcoin, Ethereum, Dogecoin Trade Flat As Market Uncertainty Persists: Analyst Predicts 'Major Impulse' To $75K For King Crypto

A crypto analyst says whales have abruptly accumulated tens of millions of dollars worth of Dogecoin (DOGE) in just a matter of days. Crypto strategist Ali Martinez tells his 63,100 followers on the social media platform X that deep-pocketed investors have snapped up 700 million DOGE worth $112 million in just 72 hours.

Crypto Whales Suddenly Gobble Up $112,000,000 Worth of Dogecoin Amid Bearish DOGE Sentiment: Analyst

Ripple chief executive Brad Garlinghouse doesn't think that the leading meme token Dogecoin (DOGE) helps crypto. While speaking at Consensus, Garlinghouse laments that the United States “represents the bottom decile of regulatory clarity” for digital assets and acknowledges that it's difficult to predict when institutional money will provide upside opportunity for the crypto sector.

‘We Have To Be About More Than Speculation': Ripple CEO Questions Whether Dogecoin Has Been Good for Crypto

Cryptocurrency analyst and trader Ali Martinez has forecasted a significant price increase for Dogecoin (CRYPTO: DOGE). What Happened: According to a post on X on Friday, Martinez noted that Dogecoin's market sentiment is as bearish as it was before its previous surge in February.

Crypto Analyst Predicts Huge Surge In Dogecoin's Value: 'Market Sentiment

Cryptocurrency markets saw more sideways trading to close out the week, with inflation data failing to ignite a rally. Prices as of 4 p.m.

Bitcoin, Ethereum, Dogecoin Continue Sideways: 'A Few More Months Of BTC Chop Season,' Warns Trader

Over the past several years, several cryptocurrencies have seen significant price increases. These tokens have consistently outperformed other cryptocurrencies and most other asset classes.

Here's How Much $1,000 Invested In These Best Performing Cryptos Is Worth Today: Dogecoin, Shiba Inu, and Solana

Dogecoin (CRYPTO: DOGE) has captured the attention of traders, who predict a significant movement may beon the horizon. What Happened: Technical analyst Ali Martinez recently highlighted substantial acquisitions of Dogecoin.

700M Dogecoin Bought By Whales In The Past 72 Hours: 'Price Action Incredibly Similar To That Of Spring 2021,' Says Trader

A widely followed analyst and trader is predicting triple-digit gains for a leading memecoin while updating his outlook on three other crypto assets. The trader pseudonymously known as Altcoin Sherpa tells his 216,400 followers on the social media platform X that Dogecoin (DOGE) potentially surging to $0.

Trader Says Large-Cap Memecoin Could Surge by 140%+, Updates Outlook on Solana, Chainlink and One Ethereum Rival

The cryptocurrency market remained steady on Thursday, as blue-chip coins failed to force a major upward breakout.

Bitcoin Gains, Ethereum And Dogecoin Trade Lower As Market Undergoes Consolidation: King Crypto 'Breakout' This Early Not Favored By History, Says Analyst

Cryptocurrency markets traded mostly sideways on Thursday, as traders continue to bet on meme coins despite their sluggish performance. Prices as of 4 p.m.

Bitcoin Bounces; Ethereum, Dogecoin Disappoint: '$69K Must Break,' Technical Analyst Points Out

Amid the former president's pivot to embrace cryptocurrency, the Tesla CEO denies a report that they've talked about crypto policy.

Dogecoin Superfan Elon Musk Says He ‘Never Discussed Crypto With Trump'

Cryptocurrency trader Altcoin Sherpa touted Dogecoin (CRYPTO: DOGE) as one of the safest bets for traders chasing success. What Happened: The pseudonymous trader tweeted on Thursday that Dogecoin could reach 40 cents.

DOGE To 40 Cents Is 'One Of The Safest Trades,' 'Takes 1 Elon Tweet To Blow It Up,' Touts Trader

Crypto markets are expected to remain shaky ahead of Friday's U.S. inflation data release, one trading desk said.

Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide

Leading cryptocurrencies inched lower on Wednesday, as investors remained hesitant to allocate funds to the risky asset class due to fears about inflation and interest rates. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Edge Lower As Inflation Fears Grip Investors: Less And Less Of King Crypto Available For Masses, An 'Enormous' Bull Market Inevitable, Says Analyst

A crypto strategist known for going against crowd sentiment is warning that Dogecoin (DOGE) will likely take a dip even if Bitcoin (BTC) breaks out to new all-time highs. Pseudonymous analyst Credible explains to his 395,500 followers on the social media platform X how DOGE could fall regardless of BTC's next move.

Dogecoin (DOGE) at Risk of Rejection Regardless of Next Bitcoin Move, According to Analyst – Here's His Outlook

Cryptocurrency markets traded within a tight downward range on Wednesday, as traditional markets had a rocky trading day with increased volatility. Prices as of 4:00 p.m.

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