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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

Cryptocurrency markets are heavily down on the last day of April, with Bitcoin ETF net outflows continuing to reverse the positive momentum. What Happened: Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) are about to close the month with losses of 16%, 19% and 40%, respectively.

Bitcoin, Ethereum, Dogecoin Closing April With Heavy Losses, Slide Below $60K Causes Over $380M In Liquidations

Shiba Inu

Pseudonymous cryptocurrency trader Kevin recently shared his thoughts on the upcoming Federal Open Market Committee (FOMC) meeting, predicting it could have a sizeable impact on the cryptocurrency market. What Happened: Kevin in his latest tweet emphasized the importance of the meeting, set to take place on Wednesday, as a catalyst for the next significant move in the market.

Bitcoin, Dogecoin, Shiba Inu Pumped After The Last FOMC Meeting—Will History Repeat On Wednesday?

Pseudonymous cryptocurrency trader ‘Crash' shed light on the concentration of wealth among the top holders of popular meme coins like Bonk (CRYPTO: BONK), Dogecoin (CRYPTO: DOGE), and Floki (CRYPTO: FLOKI). What Happened: Crash's latest tweet reveals that the top 100 holders of these tokens own a significant portion of the total supply, with BONK at 66.73%, DOGE at 65.46%, and FLOKI at a staggering 88.21%.

Dogecoin, Floki Or Bonk—Which Meme Coin Has The Fairest Distribution?

ApeCoin

Polygon

Pepe

Pseudonymous crypto trader "Cold Blooded Shiller" raises the question of whether the market is already beginning to phase out certain altcoins in favor of stronger performers and Bitcoin (CRYPTO: BTC). What Happened: Shiller points out that each crypto cycle sees coins that have a strong run but fail to make new all-time highs in subsequent cycles.

'Spectacular Meme Runs' Mean These Three Altcoins Could Be 'Doomed To Irrelevancy,' Muses Veteran Trader

Dogecoin (CRYPTO: DOGE) has been struggling to maintain its bullish momentum in recent weeks, raising concerns among traders about its short-term prospects. What Happened: Cryptocurrency trader Kevin, formerly known as OG_Yomi, in a recent tweet, expressed his disappointment with Dogecoin's performance, stating, “Unfortunately Dogecoin could not get the bounce back week we were looking for and in fact is now closing its lowest weekly candle in almost 2 months.

Dogecoin's 5% Loss Closes Lowest Weekly Candle In 2 Months, But This Trader 'Wouldn't Be Holding If It Was All Over'

Bitcoin—along with other major cryptocurrencies ethereum, XRP XRP and dogecoin—have rocketed higher over the last year (and now could be heading into a key week).

X ‘End Goal' Revealed After Elon Musk Teased A Crypto Payments Bombshell That Could Blow up The Price Of Bitcoin, Ethereum, XRP And Dogecoin

Cryptocurrency markets are trading down on Friday, alongside a drop in total short crypto liquidations to the lowest levels since February 2024. One week after the Bitcoin Halving, exchange net flows for Bitcoin witnessed a major drop of 227% to $114 million.

Bitcoin, Ethereum, Dogecoin On Shaky Ground, Crypto Veteran Sees 'Bitcoin Still Stuck In Range'

Since 2021, Dogecoin (DOGE) has consistently been one of the largest cryptocurrencies in the market. The token has attracted tens of billions in investment and is up more than 27,000% since its launch.

Holding 10,000 Dogecoin Could Make You A Millionaire, Predicts Crypto Analyst

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have seen mixed monthly performance, but analysts remain optimistic about these tokens based on upcoming fundamental developments. What Happened: Shiba Inu announced its transformative upgrade for Shibarium, set to launch on May 2, aiming to enhance user experience and unlock next-level capabilities within the network.

Are Dogecoin And Shiba Inu Primed For The Next Leg Up?

Bonk

A closely followed crypto strategist is turning very bullish on memecoins in the current market cycle. Pseudonymous analyst Altcoin Sherpa tells his 215,600 followers on the social media platform X that retail traders could send memecoins soaring. “Highly bullish on memes this cycle though for a lot of reasons.

Crypto Analyst Says He's Highly Bullish on Memecoins This Cycle – Here Are His Top Picks

Pseudonymous crypto trader “apatheticwhale” quizzed his followers on the potential of meme coins, asking which would become the third meme coin to reach a market capitalization of $10 billion. What Happened: Apatheticwhale, a self-proclaimed “apathetic crypto whale with giga wealth,” pointed out that while many meme coins have surpassed the $1 billion market cap milestone, only two have crossed the $10 billion threshold: Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE).

Only Dogecoin And Shiba Inu Have Crossed The $10B Meme Coin Mark: 'Who Will Be The Third?,' Muses Crypto Whale

Hedge funds are starting to succumb to the lure of crypto memecoins in search of bigger gains, according to a report from Bloomberg.

TradFi Hedge Funds Eyeing Memecoins As Subsector Evolves Into ‘Culture Coins': Report

Pepe (CRYPTO: PEPE) has generated significant gains over the past seven days, prompting analysts to foresee further bullish price action. What Happened: Meme coin analyst and trader Murad highlights how Pepe, a “cult community with more than 10 million unique memes,” could flip Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE): I think it is possible that $PEPE flips $SHIB and possibly even $DOGE.

Pepe Up 50% On The Week: 'Cult Community' May 'Flip SHIB And Possibly Even DOGE,' Predicts Influential Trader

The price of Dogecoin (DOGE) is moving in a range but remains below the moving average lines.

Dogecoin Price Continues Recovery And Finds Support At Over $0.14

Crypto trader Kevin has shared his bullish outlook on Dogecoin's (CRYPTO: DOGE) performance against Bitcoin (CRYPTO: BTC), noting the cryptocurrency's consolidation in the golden pocket and its position above all bull market up trending moving averages. What Happened: On Tuesday, Kevin, formerly known as OG_Yomi On X, posted his analysis of the #Dogecoin vs #BTC chart.

Dogecoin Could Outperform Bitcoin Thanks To Consolidation In The Golden Pocket, Says Trader: 'This Is A Very Good Sign'

Dogecoin (CRYPTO: DOGE) reported a 6% surge over the past week, prompting one analyst to hint at expected DOGE payments on X, while another suggests shorting the meme coin. What Happened: Self-proclaimed king of memes and protector of Dogecoin, Sir Doge of the Coin, tweeted a short video featuring an animation of Elon Musk, X, and Dogecoin.

Dogecoin And Elon Musk In One Animation But This Trader Suggests To Short DOGE At $0.18 To $0.20

Pseudonymous cryptocurrency trader Vapor highlighted the growing prominence of meme coins in the digital asset space, asserting that they have become a force that cannot be ignored. What Happened: Vapor took to X (formerly Twitter) to point out several advantages of meme coins over other popular crypto investment options.

Trader Predicts 'At Least 3 Meme Coins Above $100B Market Cap': Here's Which Coins Benzinga Followers Liked The Most

Popular pseudonymous Bitcoin newsletter writer The Bitcoin Therapist shared how a “complete stroke of luck” catapulted him into the world of cryptocurrencies. What Happened: The Therapist took to X (formerly Twitter) to tell his story, saying that he came across Bitcoin (CRYPTO: BTC) when he commenced his journey around 3.5 years ago through a Reddit forum.

Bitcoin Maxi Shares How A 40X Dogecoin Investment And A 'Complete Stroke Of Luck' Got Him Into Crypto

A closely followed crypto trader believes that Dogecoin (DOGE) could be gearing up for a massive rally to the tune of over 530%. Analyst Ali Martinez tells his 59,800 followers on the social media platform X that Dogecoin has remained faithful to a pattern seen during the 2017 and 2021 bull cycles.

Analyst Says Dogecoin and Two Altcoins Flying Under the Radar Flashing Bullish Signal – Here's His Outlook

Prominent crypto founder MaxBecauseBTC predicts a bullish future for Dogecoin (CRYPTO: DOGE), which could potentially propel other altcoins higher, despite the meme coin's current struggle to maintain its uptrend. What Happened: In a recent tweet, MaxBecauseBTC shared an observation about the relationship between the Others/BTC pair and Dogecoin, explaining that when the top chart rises, altcoins are outperforming Bitcoin, and vice versa.

Dogecoin Up 5% Since DOGE Day, 'Big Things' Coming For The 'King Meme Coin,' Founder Predicts

In the past 24 hours, the meme coin crypto economy has risen by 9.6% against the U.S. dollar. The Solana-based meme token BONK emerged as the day's top performer, climbing 41.8%, while FLOKI saw an 18.7% increase.

Meme Coins Outperform Broader Crypto Market With Notable Gains

The Doge community around the world celebrate April 20 as Doge Day, which coincides with “Weed Day.” What Happened: Doge Day is an informal event celebrated annually by Dogecoin (CRYPTO: DOGE) fans.

Doge Day Has An Elon Musk Connection, Meme Coin Rebounds After The Bitcoin Halving 'Sell-The-News' Drop

Cryptocurrency markets surged on Friday, with a 47.5% spike in total crypto liquidations reaching $258.7 million and a more than double increase in total exchange inflows, as investors eagerly await the Bitcoin Halving set to occur in a few hours. What Happened: Geopolitical tensions continue to weigh on global markets, including stocks and crypto, following Israel's military strike on Iran in the early hours of Friday.

Bitcoin, Ethereum, Dogecoin Pick Up Steam: The Pre-Halving Week In Retrospect

Dogecoin (CRYPTO: DOGE) is bouncing back from its price slump, prompting analysts and traders to voice bullish predictions. What Happened: Crypto analyst Javon Marks is optimistic about Dogecoin's prospects.

Dogecoin Rebounds To $0.15, Daily Active Addresses Spike 14%

With the Bitcoin halving around the corner, Benzinga takes a look at how the meme coin landscape has changed since the last halving. What Happened: According to CoinGecko data, the market capitalization of meme coins stands around $49.3 billion.

News for Dogecoin Crypto (DOGE)