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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.

Cryptocurrency analyst and trader Justin Bennett have said that the slightly higher unemployment rate in the U.S. should be bearish for the U.S. Dollar Index (DXY) and bullish for the crypto market. During a recent interaction on Twitter, he said that Dogecoin's (CRYPTO: DOGE) performance shows bullish signs.

Crypto Analyst Details Potential Dogecoin Rally, Here's What Could Trigger Bullish Action

The Fed's announcement of a fourth rate hike this year impeded the growth of the usual weekly leaders BTC and ETH.

This Week in Coins: Dogecoin Outpaces Bitcoin and Ethereum Amid Musk's Twitter Takeover

A popular crypto analyst is looking into the US Dollar Index (DXY), an indicator of the strength of the US dollar. Crypto analyst Justin Bennett tells his 110,500 Twitter followers that the higher-than-expected unemployment rates in the US should be bearish for the DXY and bullish for crypto. “A significant drop from the DXY following higher-than-forecast unemployment.

Popular Crypto Analyst Details Potential Dogecoin Rally, Dives Deep Into the US Dollar Index (DXY)

Bitcoin

Ether

Bitcoin (CRYPTO: BTC) climbed about 4% at one point during Friday's 24-hour trading session before pulling back slightly. Ethereum (CRYPTO: ETH) showed strength in comparison, surging almost 10% higher at one point, while Dogecoin (CRYPTO: DOGE) was spiking about 2% above Thursday's closing price after slumping 5.85% Thursday evening.

Bitcoin, Ethereum Attempt Bullish Breaks As Dogecoin Lays Low: Here's What To Watch Over The Weekend

Popular memecoin Dogecoin (CRYPTO: DOGE) slipped about 10% on the heels that new Twitter owner Elon Musk has reportedly halted work on the social network's crypto wallet. But experts say the current slump is only a “blip” before a long-term rally on the back of increased use cases for the world's eighth largest cryptocurrency by market capitalization.

Is The Dogecoin Slump Just A 'Blip' Before A Rally? Here's What Experts Say

Reports that Elon Musk might curb crypto-related plans for Twitter dented dogecoin's rally on Friday. The post Dogecoin rally dented by report that Musk might table Twitter's crypto plans appeared first on The Block.

Dogecoin rally dented by report that Musk might table Twitter's crypto plans

Bitcoin has risen by 4.4% over the past 24 hours at the time of writing. Ether's an even bigger winner — up 6.85% — while Binance Coin has risen 8.5%.

Moonvember? Bitcoin Sees Sudden Surge Above $21,000 — But Dogecoin Nurses Losses

Polygon

A popular crypto analyst says Dogecoin (DOGE) and Polygon (MATIC) are primed for huge rallies as markets move sideways. The pseudonymous trader known as Kaleo tells his 538,100 Twitter followers that Dogecoin is consolidating around a baseline bullish price at $0.13 and he predicts a more than 50% price bounce.

Crypto Trader Says Dogecoin and a Top-20 Ethereum-Based Altcoin Are Primed for Explosive Rallies

Bitcoin (CRYPTO: BTC), the most valued cryptocurrency in the world, traded higher on Friday following the release of US jobs data. The U.S. added 261,000 jobs last month, beating average economist estimates of 205,000 jobs.

Ethereum Tops $1,600 Following US Jobs Data; Dogecoin Becomes Top Loser

Dogecoin (CRYPTO: DOGE) could fit in nicely with one of the first changes conceived by Tesla Inc (NASDAQ:TSLA) CEO Elon Musk for his newest acquisition, according to a market data provider. What Happened: Kaiko Research said in a note, seen by Benzinga, that DOGE could be a "natural fit for one of his first changes: getting rid of verification and offering Twitter Blue for $8 per month.

Dogecoin 'Natural Fit' For Musk's Plan To Revamp Twitter Verification, Says Analyst

Twitter is reportedly halting its plan to launch a cryptocurrency wallet, days after Elon Musk announced a plethora of changes since taking over the microblogging platform. The news appears to have significantly dented Dogecoin (CRYPTO: DOGE).

Dogecoin Sinks 10% As Elon Musk's Twitter Reportedly Suspends Work On Crypto Wallet

Dogecoin (CRYPTO: DOGE) dropped sharply Thursday evening, even as Bitcoin and Ethereum traded in the green, with the global cryptocurrency market cap rising 0.8% to $1 trillion at 9:05 p.m. EDT.

Dogecoin Plunges, Bitcoin, Ethereum Firm: Analyst Says Watch Out For This Memecoin Pattern Before Friday Jobs Data

The social media platform has been looking to cut costs and find new sources of revenue; DOGE falls below 13 cents.

Twitter Halts Work on Crypto Wallet: Report; Dogecoin Drops 4%

Dogecoin (CRYPTO: DOGE) spiked up over 7% at one point during Thursday's 24-hour trading session before falling to trade about 2% higher. The crypto has been consolidating since Sunday, trading mostly sideways and within a number of inside bar patterns on decreasing volume.

Dogecoin Rests After Massive 150% Spike: Is The Crypto Prepping A Run To 27 Cents?

Kabosu, the Shiba Inu dog behind the cryptocurrency Dogecoin (CRYPTO: DOGE) has turned 17 today, and DOGE fans want the meme dog to be remembered forever. Fans are calling on all who love ‘The Doge' to come together to help create a bronze Kabosu statue in the dog's hometown of Sakura, Japan.

Dogecoin Community Raises Funds To Build A 'Kabosu' Statue In Japan, As Shiba Inu Dog Behind Meme Coin Turns 17

Deep-pocketed crypto whales are moving over $130 million worth of Dogecoin (DOGE) and XRP as crypto markets plateau this week. An unknown wallet sent 150 million DOGE worth more than $20.7 million to another unknown wallet on Tuesday, according to the blockchain-tracking platform Whale Alert.

Crypto Whales Move Over $130,000,000 in Dogecoin (DOGE) and XRP Within Hours – Here's the Destination

Blockchain analytics platform Santiment says that one top-ten altcoin that has surged by triple digits over the past week possesses more upside potential. Santiment says that based on two indicators, search trends and social dominance, Dogecoin (DOGE) potentially has “room for more growth.

Altcoin That's Exploded 170% in Seven Days Has Room for More Growth, Says Crypto Analytics Firm Santiment

Major coins traded in negative territory on Wednesday evening as the global cryptocurrency market cap declined 1.8% to $999.6 billion at 9:31 p.m. EDT.

Dogecoin Rally Halts, Bitcoin, Ethereum Down After Fed Rate Hike — But 1 Major Crypto Is Still Charging Ahead

Twitter Inc (NYSE: TWTR) is reportedly working on a cryptocurrency wallet that supports crypto deposits and withdrawals, according to Security Researcher Jane Wong. The social media platform recently launched a feature called "Tips," which enables users to link a third-party payment service and post their Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) wallets to their accounts, allowing followers and supporters to tip in those cryptos.

Elon Musk's Love Affair With Dogecoin Continues As Twitter Considers Crypto Wallet

Dogecoin (CRYPTO: DOGE) is trading lower by 8.21% to $0.1297 going into the close of Wednesday's session. The meme crypto is falling amid overall U.S.

Why Dogecoin Is Getting Hammered Today

Cardano

A popular crypto strategist says a trio of altcoins are in the process of taking out key resistance levels on the weekly or monthly time frame.

Breakouts Underway for Ethereum, Cardano and Dogecoin, Says Top Analyst – Here Are His Price Targets

The Dogecoin (CRYPTO: DOGE) blockchain witnessed a wallet dormant since the very beginning of the network (which launched back in December 2013) spring back to life after nearly nine years. What Happened: A wallet holding 2,374,814 DOGE woke up after being inactive since March 25, 2014, according to Blockchair data.

A Doge Titan Awakens: Wallet With 2.3M DOGE Sees Activity After Nine Years Of Slumber

Litecoin

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), the two most valued cryptocurrencies in the world, traded lower on Wednesday as investors are awaiting the interest-rate decision from the US Federal Reserve. Dogecoin (CRYPTO: DOGE), meanwhile, recorded sharp losses on Wednesday following gains on Tuesday after Elon Musk disclosed that he is the Chief Executive Officer of post-merger company after Twitter deal.

Dogecoin Records Sharp Losses, Litecoin Emerges As Top Gainer

The announcement comes as DOGE surged 102% in October

BitGo Joins Dogecoin Frenzy as Crypto Custody Firm Rolls Out a Wrapped Version

A low-cap altcoin is surging on the heels of an announcement from crypto giant Binance. The leading exchange says it's launching a new perpetual contract called the Bluebird Index. The index tracks the prices of Binance Coin (BNB), Dogecoin (DOGE) and Mask Network (MASK), allowing up to 25x leverage.

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