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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.

Elon Musk's DOGE initiative invites the public to expose government waste, pledging transparency and targeting $2 trillion in federal spending cuts.

Elon Musk's DOGE Plan Lets Public Call out ‘Insanely Dumb' Government Spending

Veteran trader Peter Brandt sees dogecoin mirroring bitcoin's 2016 price pattern, signaling a potential rally as technical indicators align and Elon Musk's influence boosts investor sentiment.

Peter Brandt Spots Dogecoin-Bitcoin Chart Similarities: Is a Big DOGE Move Brewing?

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) is poised to spark massive rallies, en route to astronomical fresh all-time high levels. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE appears to be trading in a large ascending channel on the weekly chart.

Analyst Outlines Massive Price Targets for Dogecoin, Predicts Parabolic Rally for Ethereum-Based Altcoin

President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead DOGE, tasked with dismantling bureaucracy, slashing regulations, and restructuring federal agencies. Trump Appoints Elon Musk and Vivek Ramaswamy to Overhaul Federal Bureaucracy U.S.

DOGE Unleashed: Elon Musk Takes on Trump's Quest to Slash Regulations

Elon Musk said Wednesday that Dogecoin's odd tokenomics actually work in the meme coin's favor, which one DOGE founder agreed with.

Elon Musk Praises Dogecoin Inflation Rate: 'Feature, Not a Bug'

Dogecoin's market cap has surged to $60 billion over the past week following Donald Trump's 2024 election victory.

How Elon Musk, Vivek Ramaswamy and Dogecoin co-creator Billy Markus reacted to Trump's ‘DOGE' announcement

Bitcoin

Ethereum

Pepe

dogwifhat

Cryptocurrency markets are trading higher as meme coins Pepe and Dogwifhat were listed for trading on Coinbase (NASDAQ:COIN). Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $90,040.52 +1% Ethereum (CRYPTO: ETH) $3,166.17 -3.5% Solana (CRYPTO: SOL) $210.16 -1.3 Dogecoin (CRYPTO: DOGE) $0.3836 -0.5% Shiba Inu (CRYPTO: SHIB) $0.00002485 -6% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 18.7% and daily active addresses growing by 7.8%.

Bitcoin Crosses $90,000, Ethereum, Dogecoin Move Upwards As Pepe, Dogwifhat Get Listed On Coinbase

Elon Musk on Wednesday reaffirmed his support for Dogecoin's (CRYPTO: DOGE) inflation model, labeling its flat inflation rate as a "feature, not a bug." What HappenedL The conversation emerged after Dogecoin co-creator Shibetoshi Nakamoto (Billy Markus) pointed out the technical possibility of removing Dogecoin's inflation by altering a line of code on its GitHub repository.

Dogecoin's Flat Inflation Is 'A Feature, Not A Bug,' Says Elon Musk

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Trump says ‘DOGE' to be led by Musk and Ramaswamy as Dogecoin soars, Bitwise CIO makes the case for $500K bitcoin and more

Spirit Blockchain Capital appears to be positioning itself as a significant player in the Dogecoin (CRYPTO: DOGE) ecosystem, with CEO Lewis Bateman likening the company's strategy to MicroStrategy's high-profile Bitcoin acquisitions. What Happened: Announced in October and further detailed last week, Spirit's acquisition of Dogecoin Holdings is part of a broader vision that goes beyond using Dogecoin as a simple treasury asset.

A Dogecoin Strategic Reserve? One Company Is Working On it

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) has soared in value since the 2024 presidential election and the establishment of the Department of Government Efficiency, or D.O.G.E. for short.

Dogecoin To 69 Cents Or $1? Benzinga Readers Predict How High It Could Fly By End Of 2024

Solana

Coinbase Inc. (NASDAQ:COIN) has introduced the Coinbase 50 Index (COIN50), a new benchmark tracking the performance of the top 50 digital assets listed on the exchange. What Happened: Leading the index, Bitcoin (CRYPTO: BTC) holds a weight of 50.3%, followed by Ethereum (CRYPTO: ETH) at 27.5%, collectively making up a substantial portion.

Coinbase Launches COIN50 Index To Track Top 50 Digital Assets, Includes Bitcoin, Ethereum, Dogecoin, Solana

Dogecoin (CRYPTO: DOGE) is back at 40 cents, recovering from a shallow dip to 36 cents and leaving cryptocurrency traders calling for more upside. What Happened: At the time of writing, Dogecoin is trading at $0.399, up 11% over the past 24 hours.

What Dip? Dogecoin Roars Back To 40 Cents With 11% Gain

Following weeks of relentless promotion, the Department of Government Efficiency (DOGE) is set to become a reality, potentially sending the price of Dogecoin (CRYPTO: DOGE) to unprecedented levels. What happened: On Tuesday, President-elect Donald Trump appointed Elon Musk, the conceiver of the idea, and entrepreneur-turned-politician Vivek Ramaswamy to oversee the department, which aims to streamline federal bureaucracy and eliminate “excess” laws.

Dogecoin Tumbles Despite Elon Musk, Vivek Ramaswamy's 'DOGE' Appointment: This Is What Indicators Tell About Its Next Moves

DOGE's price has surged 78% since Trump's election win a week ago.

Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb

In an X post, Musk said that all Department of Government Efficiency actions will be posted online for maximum transparency.

Dogecoin Trade Goes From Meme to Reality as Donald Trump Confirms D.O.G.E

Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said in a statement.

Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE

The agency aims to streamline the U.S. government by cutting bureaucracy, reducing costs, and creating a leaner, more accountable structure.

Trump Taps Dogecoin Fan Elon Musk to Lead D.O.G.E. With Vivek Ramaswamy

Musk is also a long-time supporter of memecoin Dogecoin, which has a ticker same as the acronym of the upcoming department.

Trump confirms ‘DOGE' efficiency dept. will be led by Musk and Ramaswamy as Dogecoin's market cap swells

The meme coin was created as a joke in 2013, but analysts say Dogecoin has a serious chance at making a Wall Street debut.

Dogecoin ETFs Aren't as Crazy as They Sound, Analysts Say

Cryptocurrency markets are trading higher, with Bitcoin ETFs recording another strong trading day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $89,117.97 +3% Ethereum (CRYPTO: ETH) $3,279.31 -0.8% Solana (CRYPTO: SOL) $213.08 -2.4% Dogecoin (CRYPTO: DOGE) $0.3846 +20.5% Shiba Inu (CRYPTO: SHIB) $0.00002644 -3.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17%.

Bitcoin Nears $90,000, Dogecoin Soars, Ethereum Steady — Trader Eyes $100,000 Breakout If Milestone Hits Today

Alex Fazel, Chief Partnership Officer at Swissborg, sees Dogecoin (CRYPTO: DOGE) as the "best Trump proxy", highlighting its potential to reach one dollar. What Happened: Fazel shared his portfolio in a post on X, saying that meme coins make up a small and speculative portion of his holdings, while his primary investments are Bitcoin, Solana, Ethereum and a few DeFi and AI projects.

Dogecoin Is The 'Best Trump Proxy,' Industry Expert Claims

Dogecoin (DOGE) is in the middle of an explosive move, running more than 160% in less than a week as one of the main beneficiaries of the bounce in crypto markets. DOGE is up 107% in the last week after adding $30 billion to its market cap in one day.

Dogecoin (DOGE) Leads Crypto Market Resurgence With Explosive Move As Traders Eye $1 Price Target

Blockworks co-founder Jason Yanowitz sees the cryptocurrency market moving into the most thrilling phase of a four-stage bull market. What Happened: Yanowitz outlined the typical bull market phases in a thread on X: Stage 1: Rebirth (Jan 2023-Jan 2024) Stage 2: Excitement (Feb 2024 through last week) Stage 3: Euphoria (currently) Stage 4: Disconnection (still to come) The founder noted that the “Excitement” phase could see some coins near all-time highs, without new players coming or existing players leaving.

'Buckle Up' For The Bull Market's 'Most Fun Phase,' Says Industry Expert: Bitcoin, Ethereum, Dogecoin About To Enter The 'Euphoria' Stage

Dogecoin, the crypto known for its dog-themed branding, has experienced a dramatic price surge of 51% over the past 24 hours, bringing its trading value to $0.43.

News for Dogecoin Crypto (DOGE)