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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.

One key principle of the Dow Theory is that asset price trends are self-repeating, functioning along Mark Twain's famous quote: "History never repeats itself, but often rhymes." Hence, traders often check if the ongoing price action resembles anything from the past to understand what lies ahead.

Is it Late 2020 All Over Again for Dogecoin?

Bitcoin

Ethereum

Major coins were seen trading higher on Sunday evening as the global cryptocurrency market cap rose 4.2% to $2.55 trillion. What Happened: The surge in the prices of major coins was in contrast with other risk assets like equities which declined in pre-market trading at the time of writing.

Bitcoin, Ethereum, Dogecoin Gain Momentum As Fresh Trading Week Starts: Analyst Says Altcoin Market 'Bottoming Out,' Eyes $70K For BTC This Week

Elon Musk's latest endeavors has notably impacted the cryptocurrency market, particularly Dogecoin (CRYPTO: DOGE). According to the Santiment data, the meme coin, often championed by Musk, saw a remarkable $800 million increase in open interest within three days.

Dogecoin Soars As Elon Musk's X Payments Gains Ground, Enthusiasts Rally With $800M Boost

Dogecoin (CRYPTO: DOGE) spiked higher on Saturday, with the meme coin now trading at their highest level since mid-March. What Happened: Doge, which ended Friday's session at $0.152703, opened Sunday at $0.152775 and has been on an uptrend since then.

Dogecoin Leads Cryptos Higher In Weekend Rally: A Look At Memecoin's Technicals

A crypto trader who called Bitcoin's (BTC) 2018 price floor thinks that top memecoin Dogecoin (DOGE) is gearing up to witness a big upside move.

Top Analyst Who Accurately Nailed 2018 Bitcoin Bottom Says Dogecoin Ready To Rip Higher – Here Are His Targets

For years, entrepreneur Elon Musk has touted Dogecoin (DOGE) and other cryptocurrencies. He has involved them in other companies, such as allowing DOGE payments for Tesla merchandise, but most of these uses have been on smaller scales.

Elon Musk's X Secures Payment Licenses In 3 States, DOGE Payments Soon?

A closely followed crypto analyst is expressing bullish sentiment on Dogecoin (DOGE) as he forecasts the potential path forward for Bitcoin (BTC).

Analyst Who Nailed 2022 Crypto Bottom Says Dogecoin Could Explode by Over 500%, Updates Outlook on Bitcoin

Major cryptocurrencies traded mixed on Friday morning as the number of Americans filing new claims for unemployment benefits dropped last week. Cryptocurrency Gains +/- Price (Recorded 12:00 a.m.

Bitcoin, Ethereum, Dogecoin Trade Mixed Amid Fall In Weekly Jobless Claims: Analyst Sees King Crypto Touching $142K Based On Historical Patterns

Meme Coin board leader Dogecoin (CRYPTO: DOGE) is pushing boundaries with a 6% single-day gain amid whale movements and optimistic traders' outlook. What Happened: Crypto technical chart analyst Ali Martinez in a tweet indicated Dogecoin whales acquired 25 million DOGE in the past three days, valued at $3.75 million.

Dogecoin 'Whales Have Bought 25M DOGE In Three Days' Says Crypto Chart Analyst Ali Martinez: What's Going On With The Meme Coin Leader?

Shiba Inu

Floki Inu (CRYPTO: FLOKI) witnessed a 75% rally earlier in the day after the meme coins returned riding on the back of a Bitcoin rally. While the token entered a sports partnership, analysts are bullish for the future.

'Golden Bull' Floki's 75% Single Day Rally Leaves Dogecoin, Shiba Inu Behind: 'Casual 10x Incoming,' Says Trader

Using a misspelling of U.S. President Joe Biden's name, meme coin Jeo Boden (CRYPTO: BODEN) is trading 48% higher in the past 24 hours with a 65% surge in trading volumes. What Happened: Based on DEXScreener data, the Jeo Boden meme coin boasts of $1.9 million in liquidity and a market capitalization of $160 million.

Biden-Inspired 'Jeo Boden' Meme Coin Leaves Behind Dogecoin, Shiba Inu In Monthly Gains, 'Relevancy Increases' On Election Narratives Says Trader

Dog-themed crypto asset Dogecoin (DOGE) is surging after Coinbase announced its plans to launch futures trading for the memecoin. According to a filing by Coinbase earlier this month, the top US-based crypto exchange platform registered with the Commodity Futures Trading Commission (CTFC) to offer DOGE derivatives starting on or after April 1st.

Dogecoin Up by Nearly 15% in 24 Hours After Coinbase Announces Plans To Launch DOGE Futures Trading

Dogecoin (CRYPTO: DOGE) is catching the eye of cryptocurrency analysts who suggest the meme coin may be gearing up for a price surge. What Happened: Bluntz Capital, a pseudonymous crypto analyst, in a tweet on X said, “$doge finally looks ready to rip higher again,” referencing a price pattern on both the USD and Bitcoin trading pairs that indicate a potential upswing following a steady decline since February.

'DOGE Finally Looks Ready To Rip Higher,' Says Crypto Analyst Following Period Of Consolidation

Crypto markets dumped, then jumped, as regulatory headwinds and macroeconomic decisions played their hand in a rollercoaster 24 hours.

Dogecoin Climbs 18% on DOGE Futures Hopes, Bitcoin Nears $68K

Reddit Inc is gearing up for a massive initial public offering (IPO), and the excitement is palpable. So much so that Glauber Contessoto, a Dogecoin (CRYPTO: DOGE) millionaire, is predicting that the meme coin $RDDT could surpass the actual Reddit stock IPO.

Dogecoin 'Millionaire' Wants This Reddit-Themed Meme Coin To Flip The Actual Reddit IPO

Coinbase, a cryptocurrency exchange, has disclosed an initiative to venture into futures trading with Dogecoin (CRYPTO: DOGE), Litecoin (CRYPTO: LTC), and Bitcoin Cash (CRYPTO: BCH). What Happened: In a series of communications to the United States Commodity Futures Trading Commission (CFTC) on March 7, Coinbase Derivatives revealed its intention to introduce cash-settled futures contracts for Dogecoin, with prices marked at $0.15, Litecoin at $85.20, and Bitcoin Cash at $413, aiming for an April 1 rollout.

Dogecoin's 'Enduring Popularity' Spurs Coinbase To Introduce DOGE Futures Trading

Coinbase Derivatives, a popular cryptocurrency exchange, announced its plans to introduce futures trading for Dogecoin, Litecoin and Bitcoin Cash on April 1.

Coinbase Derivatives Plans To Launch Futures Trading for Dogecoin in Letter to CFTC

Bitcoin Cash

Litecoin

Bitcoin (CRYPTO: BTC) offshoot, Litecoin (CRYPTO: LTC), surged 6.78% to $86.03 on Wednesday at the time of writing. On the same day, Litecoin said that Coinbase Global had filed with the Commodity Futures Trading Commission to kick off futures trading for the cryptocurrency.

Dogecoin, Litecoin, And Bitcoin Cash Futures Trading Set To Be Unveiled By Coinbase On April Fool's Day

Major cryptocurrencies rose on Wednesday evening as the U.S. Federal Reserve Chair Jerome Powell adopted a dovish tone and the central bank stuck to its projection for three rate cuts this year, even in the face of higher-than-anticipated inflation figures.

Bitcoin, Ethereum, Dogecoin Rise As Fed Holds Rates Steady: Analyst Says 'Likelihood' Of King Crypto Reaching $500K Imminent

Coinbase Derivatives plans to kick off futures trading for dogecoin, alongside litecoin and bitcoin cash.

Coinbase to launch futures trading for dogecoin, litecoin, and bitcoin bash on April 1st

Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a more hawkish stance.

Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars

Dogecoin (CRYPO: DOGE) bounced back with a 3% single-day gain, as the inventor stresses that these new meme coins are nothing more than random creations. What Happened: Billy Markus, also known by the pseudonym Shibetoshi Nakamoto on X, recently shared on the platform that creating meme coins takes nothing more than a few cents and a couple of seconds.

Dogecoin Moves 3% Higher As Billy Markus Jokes, 'I Literally Invented Meme Coins'

Major cryptocurrencies declined on Tuesday evening as a broader market correction liquidated over $650 million worth crypto in the last 24 hours.

Bitcoin, Ethereum, Dogecoin Plunge As $650M Worth Of Crypto Liquidated In A Single Day: Analyst Predicts King Crypto Poised For Explosive Rally 'As FOMO Greater Than Fear'

Major cryptocurrencies traded mixed on Monday evening as the bullish momentum that drove Bitcoin to achieve an all-time high of $73,835 on March 14 appears to be diminishing.

Bitcoin, Ethereum, Dogecoin Trade Mixed Amid Wider Correction: Analyst Predicts King Crypto Could Rally To $160K Based On A Technical Indicator

Dogecoin (CRYPTO: DOGE) whale transactions and daily active addresses continue to rise despite the current dip in price. As a result, analysts remain optimistic about the meme coin's future.

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