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

This week in the crypto world was a rollercoaster ride, with Bitcoin's potential drop, Dogecoin's spending versus holding debate and significant purchases by crypto whales. Let's dive into the top stories that shaped the week.

Weekend Crypto Round-Up: Bitcoin's Worst-Case Scenario, Dogecoin's Future And More

Ethereum

Bitcoin is holding $63,000 as optimism around a peace deal in the middle East fuels positive social sentiment.

Bitcoin At $63,000 While Ethereum, XRP, Dogecoin Hold Ground On Potential US-Iran Peace Deal

Shiba Inu

Dogecoin's (CRYPTO: DOGE) official X account marked the start of the FIFA World Cup on Thursday by posting images of Shiba Inu dogs in national team jerseys. DOGE Goes Woof-A!

Dogecoin Celebrates FIFA World Cup Kickoff With Shiba Inu Jerseys, Asks Fans To 'Drop Ur Flag'

Crypto firmed across the board on the largest listing in history, but the token most tied to Elon Musk traded right in line with the market.

Live updates: Bitcoin in volatile trading above $63,000, DOGE unchanged

Leading cryptocurrencies climbed alongside stocks on Thursday after President Donald Trump called off “scheduled” strikes on Iran amid hopes for a peace deal.

Bitcoin, Ethereum, XRP, Dogecoin Jump After Trump Sparks Optimism On Iran Deal: Analyst Says SpaceX IPO Would Be 'Tricky' For The Markets

Bitcoin held above $63,000 as cooler-than-expected inflation data eased concerns over aggressive Federal Reserve tightening, helping lift sentiment across the cryptocurrency market.

Bitcoin, Ethereum, XRP, Dogecoin Rally Over 2.5% As Analyst Flags 'Imminent' Breakout

The Tom DeMark Sequential indicator that predicted Dogecoin's (CRYPTO: DOGE) 31% crash from $0.113 to $0.078 in May is now flashing a buy signal as DOGE bounced 3% on Thursday. The Same Indicator That Called The Top Is Now Calling A Bottom Analyst Ali Charts flagged the signal on X, noting the May 7 sell signal preceded the 31% correction almost exactly.

DOGE Crashed 31% The Last Time This Indicator Fired: Now It Is Flashing Buy

Leading cryptocurrencies traded sideways, while stocks closed lower on Wednesday as resumption in U.S.-Iran hostilities dampened risk-on appetite

Bitcoin, Ethereum Flat, XRP, Dogecoin Dip As US Hits 'Multiple Targets' In Iran: Analyst Points To Data Showing BTC Bottom Not In Yet

While Dogecoin (CRYPTO: DOGE) whales are accumulating, the crypto community is debating whether utility or speculation will ultimately determine the cryptocurrency's future. “Dogecoin Is For Spending, Not Holding“ In an X post on June 10, Timothy Stebbing, director at the Dogecoin Foundation, pushed back against critics who frequently dismiss ecosystem developments because they fail to trigger immediate price gains.

'Dogecoin Is For Spending, Not Holding,' Says DOGE Foundation Director

Bitcoin rebounded from recent lows but remains below $62,000 as Fidelity recorded its largest Ethereum purchase in two months, signaling renewed institutional interest.

Bitcoin Teeters At $62,000 As Ethereum, XRP, Dogecoin Lose Up To 2.5% On Iran War Fears

Dogecoin (CRYPTO: DOGE) whales accumulated over 200 million tokens last week as House of Doge and MoonPay launched DOGE Pay, bringing native Dogecoin payments to more than 6,000 merchants. House Of Doge And MoonPay Launch DOGE Pay Across 6,000 Merchants House of Doge, the official corporate arm of the Dogecoin Foundation, announced a partnership with MoonPay on Monday that brings native Dogecoin support to MoonPay's existing network of over 6,000 merchants.

Dogecoin Whales Bought 200 Million DOGE Last Week: What's Going On?

Dogecoin (CRYPTO: DOGE) might be struggling, but large investors are seizing the moment to load up on the memecoin at a discount. Whales May Be On To Something Widely followed cryptocurrency analyst Ali Martinez highlighted in an X post that whales accumulated over 200 million DOGE tokens over the last week.

DOGE Is Down 18%, But Whales Keep Buying—What Are They Seeing?

Leading cryptocurrencies fell alongside major stock indexes on Tuesday amid a big escalation in the Middle East conflict.

Bitcoin, Ethereum, XRP Slide, Dogecoin Flat As US Launches 'Proportional' Strikes Against Iran: Analyst Sees BTC's Strong Rebound To $74,000 Soon

Dogecoin (CRYPTO: DOGE) is down 13% over the past week and 88% below its all-time high, as the Elon Musk correlation that drove the coin for years has completely broken down. The Musk Trade Stopped Working And The Catalyst That Replaced It Fizzled For years, a single Musk post could send DOGE surging double digits.

Dogecoin Price Hits Multi-Year Low: Is The Elon Musk Narrative Dead?

Bitcoin fell below $62,000 amid a macro-driven risk-off move that pushed market sentiment deeper into extreme fear on Tuesday.

Bitcoin Drops Below $62,000 As Ethereum, XRP, Dogecoin Plunge 2.5% Ahead Of Key U.S. CPI Report

Dogecoin's (CRYPTO: DOGE) official X account invited replies on Monday about how the community is building and expanding utility for the ecosystem. The responses were pretty interesting.

Dogecoin Notes Shibes Have Been 'Quiet Lately' And Then The Internet Showed Off What Everyone Has Been Silently Building

Leading cryptocurrencies dipped, while major stock indexes closed higher on Monday as investors pinned hopes on a lasting ceasefire in the Middle East.

Bitcoin, Ethereum, XRP, Dogecoin Slide Even As Michael Saylor's Strategy Inc Resumes Buying BTC: Analyst Says 'Buy' The ETH Dip

Bitcoin is rebounding off the back of a relief rally after hitting some of its most oversold levels ever.

Bitcoin Rebounds To $63,000, Lifting Ethereum, XRP, Dogecoin By 3%, But Beware 'Shallow' Bounces, Analyst Says

Dogecoin (CRYPTO: DOGE) is trading near a critical long-term support zone, with whale accumulation and on-chain data pointing to a potential inflection point for the meme coin. DOGE Testing Key Level Crypto chart analyst Ali Martinez said on June 8 that DOGE is testing the $0.081 level, a key area that aligns with the lower mid-range boundary of a multi-year parallel channel that has guided price action since 2021.

Dogecoin Down 21% In A Month: What Is Going On With DOGE?

Leading cryptocurrencies rallied Sunday evening, even as rising tensions in the Middle East fueled doubts about sustained market momentum. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Spring Back Even As Iran And Israel Exchange Strikes: Analyst Sees Increasing Possibility Of BTC Bottom

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) each shed roughly 8% on Friday as Bitcoin (CRYPTO: BTC) drifted toward $60,000, with the heaviest selling concentrated in the most speculative corners of the crypto market. Both Tokens Broke Key Support On Heavy Volume With Sellers In Control Dogecoin fell from $0.0891 to $0.0830, breaking the ascending channel that held since February and landing directly on the $0.080 horizontal support, the last structural level visible on the chart.

Dogecoin, Shiba Inu Plunge 8%: Is It Over For Meme Coins?

Dogecoin and Shiba Inu led losses among major tokens as heavy volume and liquidations overwhelmed support levels, extending a broader risk-off move across crypto markets.

Memecoins dogecoin, shiba inu dive 9% as bitcoin nears $60,000

Bitcoin traded near $63,000 on Thursday as cryptocurrency markets extended their decline amid more than $1 billion in liquidations, worsening fear sentiment. Strategy (NASDAQ:MSTR) executive chairman Michael Saylor attributed the drawdown to a $400 billion capital rotation into AI-related investments.

Bitcoin Falls To $63,000 As Ethereum, XRP, Dogecoin Slide 4% On $400 Billion AI Capital Rotation

Leading cryptocurrencies descended further on Wednesday as whale sell-offs and geopolitical uncertainty dampened risk appetite. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:25 p.m.

Bitcoin Below $63,000, Ethereum, XRP, Dogecoin Also Plummet Amid 'Extreme Fear': Analyst Pinpoints Bearish Shift In BTC's Risk Profile

Bitcoin dropped towards $65,000 on Wednesday as crypto markets face a wave of ETF outflows, more than $1 billion in liquidations, and worsening fear sentiment.

News for Dogecoin Crypto (DOGE)