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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.

Markets are notable for their lack of predictability. It is nearly impossible to time the top and bottom of different trends, and it is difficult to simply pull a profit.

10-Year-Old Dogecoin Wallet Sold 5 Million DOGE, Missed Out On Millions In Profit

Social media personality Topdoge recently speculated on the potential for Dogecoin (CRYPTO: DOGE) to reach a $500B market cap, reminiscent of Ethereum's (CRYPTO: ETH) previous bull run.

Dogecoin Could Make Elon Musk's 'Fate Loves Irony' Comment Come True If It Flips Ethereum's Market Cap At Last Bull Run, Says This Crypto Influencer

Shiba Inu

Meme coins are down 3% on the day, with the majority of the top 10 meme coins trading in the red. What Happened: While Dogecoin (CRYPTO: DOGE) is trading 2% down in the past 24 hours, Shiba Inu (CRYPTO: SHIB) is up 0.2%.

Why Are Dogecoin And Shiba Inu Silent Today?

The price of Dogecoin (DOGE) has fallen below the moving average lines but remains above the current support level of $0.12.

DOGE Price Decline Ends and remains above $0.12

A Monday Elon Musk tweet about Dogecoin (CRYPTO: DOGE) failed to generate any significant traction this time around, prompting the crypto community to signal cautionary moves in the meme coin. What Happened: The “Dogefather” took to his X account to tease a shoutout to the meme coin but failed to stage a price rally in turbulent market conditions.

Elon Musk Teases Dogecoin Tweet But DOGE Fails To Rally From 20% Weekly Correction

Crypto and macro researcher TradeTheFlow presented a compelling thesis on the rise of meme coins in the current crypto cycle. What Happened: In an April 12 X (formerly Twitter) thread, Flow argues that meme coins are not just a passing trend but a reflection of a broader societal shift towards financial nihilism and high-risk, high-reward investment strategies.

Dogecoin, Shiba Inu, Dogwifhat Among Top Picks For This Researcher's 'Meme Coin Supercycle' Thesis

Pepe

Most investors who bought memecoins Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) continue to stay in profit despite a correction sweeping the crypto market, according to analytics firm IntoTheBlock.

Majority of Dogecoin, Shiba Inu and Pepe Holders Remain Profitable Despite Latest Crypto Correction: IntoTheBlock

Dogecoin's (CRYPTO: DOGE) 25% drop over the past week has prompted traders to highlight buying and repositioning opportunities without changing their bullish bias for the upcoming months What Happened: Trader XO, a well-known and influential trader, recently shared his thoughts on Dogecoin's current resistance level and the possibility of a consolidation period. He noted that $0.17 is a key resistance point, and if the price can break above this level with strong acceptance and overall strength in the altcoin market, a reversal could be on the cards.

Dogecoin Down 25% In Past Week, But 'If You Get A Chance To Buy It In The High $0.10s, Buy It,' Says Trader

Cryptocurrency social media personality, Yomi, recently shared his insights on the anticipated Golden Cross of Dogecoin (CRYPTO: DOGE), highlighting the need for a green week to get back on track. What Happened: On Sunday, Yomi tweeted an update on the pending weekly Golden Cross of DOGE.

Dogecoin's Road To The Golden Cross, Crypto Analyst Shares His Take On 'Bull Market Milestone'

The Dogecoin (CRYPTO: DOGE) community observed significant activity among whales, as they transferred vast quantities of the meme coin in the last 24 hours. This flurry of activity coincided with a 19.4% decline in DOGE's price on Friday, prompting speculation that these anonymous whales might seize the opportunity to buy the dip.

Amid Dogecoin Crash, 374 Million DOGE Moved From Robinhood To Unknown Wallet

Bitcoin

Ethereum

Solana

Bitcoin BTC has fallen sharply after Israel's military said Iran had fired "dozens" of drones toward it in a retaliatory attack.

Israel-Iran War Fears Suddenly Spark $500 Billion Bitcoin And Crypto Price Crash—Hitting Ethereum, BNB, XRP, Solana And Dogecoin

In the wake of a significant downturn in the cryptocurrency market on Friday, Billy Markus, the co-founder of Dogecoin (CRYPTO: DOGE), shared an unusual statement on X, formerly known as Twitter, about the meme currency. On a day marked by widespread losses across major cryptocurrencies, including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin itself, Markus' playful commentary stood out amidst the sea of red.

Dogecoin Co-Creator Billy Markus Sarcastically Signals Caution Amid Cryptocurrency Market Crash: 'Oh No Everything Died We Are Dead'

A widely followed trader says that he is bullish on the leading memecoin Dogecoin (DOGE) despite the marketwide correction. The trader pseudonymously known as Sherpa tells his 214,200 followers on the social media platform X that he intends to accumulate Dogecoin. “DOGE: The play in my opinion is just to buy down to $0.

Crypto Trader Says He Is ‘Super Bullish' on One Top-10 Altcoin, Updates Outlook on Bitcoin and Pepe

Major cryptocurrencies dropped on Friday, with $877.8 million liquidations in the crypto derivatives market. What Happened: Cryptocurrency markets were weighed down by risk-off sentiment in traditional markets amid heightened geopolitical risks.

Bitcoin, Ethereum, Dogecoin Plunge, $878M Liquidated: 'Just Set Alerts At $60,000 And $74,000 And Walk Away,' Says Crypto Expert

A closely followed crypto trader is warning that Bitcoin (BTC) may be sending false bullish signals. Pseudonymous trader The Flow Horse tells his 209,900 followers on the social media platform X that Bitcoin may be at risk of a sudden move to the downside.

Top Trader Warns Bitcoin Price Action Could Be Setting Up a Fake Out, Updates Outlook on Two Memecoins

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).

Dogecoin Climbs 5.4%, Tops CoinDesk 20 This Week: CoinDesk Indices Market Update

Dogecoin (CRYPTO: DOGE) is surrounded by bullish sentiment ahead of DOGE Day, scheduled for April 20, enjoying positive investor sentiment. What Happened: The highly anticipated DOGE Day on April 20 is expected to catalyze the initiation of another meme coin season.

Dogecoin's Chart Prompts Bullish Predictions: 'Fun Doesn't Begin Until $0.25,' Says Trader

Toncoin (TON), the open source blockchain built on Telegram, is rapidly gaining ground and approaching the market capitalization of the leading memecoin, Dogecoin (DOGE).

Toncoin Inches Closer to Dogecoin's Market Cap, Surges by 42% in Past Week

Glauber Contessoto, recently emphasized the significance of conviction in crypto investments, particularly referencing his early belief in Dogecoin (CRYPTO: DOGE). What Happened: In a tweet on Thursday, Contessoto shared his experience of being ridiculed for his early conviction in Dogecoin in 2021.

'Conviction, Conviction, Conviction' — Dogecoin 'Millionaire' Says He Held Strong Despite Mockery, Emerging As A Genius In The End

Renowned crypto trader Rekt Fencer shared insights on successful meme coin trading, detailing his strategies and current meme coin watchlist. What Happened: In a comprehensive X thread, the trader revealed lessons from making millions on Solana meme coins in 2024.

What DOGE And SHIB Holders Can Learn From This Meme Coin Millionaire's Trading Strategies

Influential Dogecoin (CRYPTO: DOGE) figure Mishaboar has issued a warning to DOGE holders about the potential risks of leverage and derivatives in cryptocurrency, particularly in the face of expected market volatility. What Happened: On Wednesday, Mishaboar took to Twitter to caution Dogecoin holders about the dangers of leverage and derivatives in the crypto market.

Dogecoin Influencer Issues Warning Against These Types Of Trading Strategies: 'You Risk Losing It All'

Benzinga takes a look at how Dogecoin (CRYPTO: DOGE), the beloved meme-inspired cryptocurrency, has performed following the last Bitcoin Halving. What Happened: The last Halving occurred four years ago on May 11, 2020, when Bitcoin was trading at around $9,700, and Dogecoin was priced at $0.002611.

What Happened To Dogecoin After The Bitcoin Halving Four Years Ago?

Dogecoin (DOGE) took the internet by storm in 2021 after comments from Elon Musk and a large following on social media. The token has seen some of the largest price increases of any asset of all time; the token is up over 33,000% since its launch in 2013.

Dogecoin Millionaires Are Increasing: Investors With $1M+ In DOGE Revealed

Cardano

One analyst said profit taking by long-term holders spiked meaningfully into the $73,000 level and has cooled down in recent weeks, supporting a bullish bias in the future.

Bitcoin Falls Below $69K Ahead of U.S. CPI; Cardano, Dogecoin Lead Majors Losses

Bonk

It almost seems like ancient history to think back to a time when Elon Musk was pumping Dogecoin DOGE ($DOGE) and Shiba Inu ($SHIB SHIB ) and Matt Damon was making high calibre TV ads for Crypto.com. Then again, it was only six months ago that Kim Kardashian was fined almost $1.3m for shilling EthereumMax ($EMAX) and failing to disclose her payment.

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