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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.

Shiba Inu

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) surged, riding Bitcoin's (CRYPTO: BTC) upward momentum past $72,000. What Happened: Coinmarketcap data shows meme coins nearing a $71 billion market cap, up 14.6% over 24 hours.

Dogecoin, Shiba Inu Explode Over 10%: Is This The Mother Of All Bull Market Rallies?

Meme coins are soaring as Elon Musk tours America for Donald Trump's election campaign, with Dogecoin leading the charge.

Elon Musk's Dogecoin Pump Boosts Other Meme Coins Amid Trump Rally Tour

Bitcoin

Cat-themed coins like Mog Coin (CRYPTO: MOG) and Popcat (CRYPTO: POPCAT) are rallying as the broader altcoin market cheers Bitcoin's (CRYPTO: BTC) leap above $70,000. What Happened: Coinmarketcap data shows cat-themed tokens coins approaching a total market capitalization of $5 billion, up 9.3% over the past 24 hours.

Mog Coin, Popcat Outshine Dogecoin, Shiba Inu As Bitcoin Leapfrogs $71,000 — 'Buy The Cats And Wait The Months,' Trader Says

The latest price moves in bitcoin (BTC) and crypto markets in context for MONTH XX, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: BTC Jumps Above $71K, DOGE Leads Market Surge

Dogecoin, the leading meme coin, surged notably on Thursday due to Donald Trump's mention of the Department of Government Efficiency during his Madison Square Garden rally.

Dogecoin Surges Above $24B Market Cap Following Trump Rally Reference

Stablecoin margined futures on DOGE have spiked, with DOGE denominated bets rising 33% since Sunday.

Dogecoin Bets Spike to $1.3B as Trump Popularity Sees DOGE Rocket 15%

Dogecoin (CRYPTO: DOGE) exploded on price charts Monday, emerging as the best-performing billion-dollar capitalization cryptocurrency in the last 24 hours. What happened: The ‘original meme coin' was up over 15% as of this writing, with an 184% spike in 24-hour volumes.

Dogecoin Lifts 15% Amid Rising Odds Of Trump Victory In Betting Markets And Expectations Of Elon Musk Heading 'DOGE' Department

Ethereum

Leading cryptocurrencies surged Monday, with Bitcoin breaking through $70,000 after an almost five-month hiatus.

Bitcoin Breaks $70K, Ethereum and Dogecoin Rise Amid Stock Rally Ahead Of 'Mag 7' Earnings: Analyst Says Current Spike Driven By 'Binance Whales'

Elon Musk envisions the Department of Government Efficiency (DOGE) cutting $2 trillion from federal spending, aiming to free Americans from excessive taxation and government overreach.

Elon Musk's DOGE to Slash $2 Trillion From Government Budget — ‘The Future Is Going to Be Amazing'

Cryptocurrency markets are trading higher as Donald Trump‘s election odds continue their rally. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $69,526.75 +2.6% Ethereum (CRYPTO: ETH) $2,506.32 +0.7% Solana (CRYPTO: SOL) $176.00 -0.4% Dogecoin (CRYPTO: DOGE) $0.1577 +11.6% Shiba Inu (CRYPTO: SHIB) $0.0000178 +4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 11.1% and daily active addresses falling by 11.6%.

Bitcoin Up 2%, Dogecoin Surges 11%: Crypto Markets Storm Out Of The Gates On Monday, But Trader Cautions To 'Stick To Your Plan'

Donald Trump's rally in New York City grabbed headlines—and Elon Musk's appearance has apparently catalyzed Dogecoin's latest pump.

Dogecoin Price Pumps After Elon Musk Shares D.O.G.E. Plans at Massive Trump Rally

Bitcoin's "bullish setup" into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.

Dogecoin Jumps 10%, Outperforming on Trump Popularity as Bitcoin Nears $70K

Dogecoin (CRYPTO: DOGE) is surging in Monday trading, bolstered by Elon Musk shouting out the apex meme coin. What Happened: At Donald Trump‘s controversial rally in Madison Square Garden on Sunday, Musk was introduced as the “co-founder of the Department of Government Efficiency,” directly referencing the ticker “DOGE.

Dogecoin Skyrockets 9% After Elon Musk Gets 'DOGE' Introduction At Trump Rally In New York

Trump-themed tokens like Maga Memecoin (CRYPTO: TRUMP), MAGA Hat (CRYPTO: MAGA) and Donald Tremp (CRYPTO: TREMP) are rallying in light of Donald Trump‘s surging election odds. What Happened: Coinmarketcap data shows political meme coins approaching a total market capitalization of $700 million, up 11% over the past 24 hours.

Trump-Themed Meme Coins 'Ripping Higher' With Gains Of Over 20%, Leaving Dogecoin, Shiba Inu Sidelined

Dog-themed cryptocurrencies Dogecoin and First Neiro On Ethereum, bounded together by a "familial" connection, led the meme coin rally Sunday. What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, which in turn was the inspiration for Dogecoin, pumped over 6% in the last 24 hours.

Elon Musk's 'Doge-Flex' Pose Sends Dogecoin, First Neiro On Ethereum Soaring

Leading cryptocurrencies inched higher on Sunday as oil prices tumbled after Israel's attack on Iran avoided hitting the country's oil infrastructure.

Bitcoin, Ethereum, Dogecoin Gain After Israel Skips Targeting Iran's Oil Infrastructure: Analyst Expects King Crypto To Trade in $90K-$100K Zone Around New Year's Eve

Cryptocurrency markets are trading lower despite whale transactions rising. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,789.25 -1.9% Ethereum (CRYPTO: ETH) $2,471.40 -2.5% Solana (CRYPTO: SOL) $167.86 -5.4% Dogecoin (CRYPTO: DOGE) $0.134 -5.6% Shiba Inu (CRYPTO: SHIB) $0.00001721 -3.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 12.5% and daily active addresses dropping by 6.3%.

Bitcoin, Ethereum, Dogecoin 'Chopfest' Begins As Weekend Nears, Traders Warn

Solana

A widely followed cryptocurrency analyst and trader is leaning bullish on one memecoin while giving his forecast on two layer-1 altcoins. The analyst pseudonymously known as Bluntz tells his 287,700 followers on the social media platform X that Dogecoin (DOGE) is “still turbo strong.

Top Crypto Trader Says Large-Cap Memecoin ‘Still Turbo Strong,' Updates Outlook on Solana and Sui

Dogecoin (DOGE) price has continued its uptrend and has risen above the previous high of $0.143.

Dogecoin Returns Above $0.13 As The Uptrend Ends

Cryptocurrency markets are down on Wednesday, pushing crypto long liquidations to the highest since Oct. 15. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,169.96 -2% Ethereum (CRYPTO: ETH) $2,503.20 -4.8% Solana (CRYPTO: SOL) $170.11 +0.99% Dogecoin (CRYPTO: DOGE) $0.1364 -2.7% Shiba Inu (CRYPTO: SHIB) $0.00001738 -4.9% Notable Statistics: IntoTheBlock data shows large transaction volume inching higher by 0.7% and daily active addresses falling by 12.5%.

Bitcoin, Ethereum, Dogecoin Correct: 'A Bounce From This Region Would Be Ideal,' Says Trader

Pseudonymous crypto trader Hoeem outlined a three-wave trading strategy to navigate the volatile meme coin markets. What Happened: Hoeem took to X to outline his approach that categorizes trading into three distinct waves.

Trader Shares 3-Point Strategy To Win With Meme Coins—Here's Where Dogecoin, Shiba Inu Come In

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%

DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M

Cat-themed Popcat (POPCAT) shrugged off declines in the meme coin space to emerge as one of the market's biggest gainers on Tuesday. What happened: The Solana (CRYPTO: SOL)–based coin rose 5.63% in the last 24 hours, becoming the second-best-performing cryptocurrency in the market.

Cat Victory Over Dogs? Popcat Rally Defies Dogecoin, Shiba Inu Decline, Coin's YTD Gains Skyrocket 15344%

Cryptocurrency markets are trading sideways on Tuesday: Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,436.75 -0.03% Ethereum (CRYPTO: ETH) $2,626.50 -1.7% Solana (CRYPTO: SOL) $168.23 +1.3% Dogecoin (CRYPTO: DOGE) $0.1395 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001823 -1.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day.

Bitcoin, Ethereum, Dogecoin Trade Sideways: '$66,500 Support Needs To Hold,' Says Trader Who Warns $61,000 Could Otherwise Be Next

A trader who nailed the May 2021 Bitcoin (BTC) collapse is suddenly turning bullish on Dogecoin (DOGE). Pseudonymous analyst Dave the Wave tells 146,500 followers on the social media platform X that DOGE may be forming a bullish ascending triangle on the daily timeframe.

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