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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.

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.

Ethereum-Based Altcoin Erupts 80% As Binance Unveils ‘Bluebird' Announcement

Bitcoin

Ethereum

Bitcoin was largely flat, while Dogecoin and Ethereum registered gains on Tuesday evening as the global cryptocurrency market cap remained mostly unchanged at $1 trillion at 9:01 p.m. EDT.

Dogecoin Sprints Higher, Even As Bitcoin, Ethereum Lag — But Metric Signals Party Could Be Over Soon For Meme Coin

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's “admiration” for Dogecoin (CRYPTO: DOGE) is “abundantly clear,” said an analyst pointing to a recent tweet, but it could be bullish if the entrepreneur kept Twitter and DOGE apart. What Happened: GlobalBlock analyst Marcus Sotiriou said in a note, seen by Benzinga, that the cryptocurrency community's imagination has “gone wild” regarding the possible integration of DOGE and Twitter.

Elon Musk Should Keep Twitter, Dogecoin Apart For 'Most Bullish Outcome' For Meme Coin: Analyst

Fast-food chain McDonald's Corp. (NYSE: MCD) said it will accept Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk's request to accept Dogecoin (CRYPTO: DOGE) as a form of payment — but with a "condition." What Happened: McDonald's said on Twitter that it will agree to Musk's request only if Tesla accepts “grimacecoin” — a fake coin depicting the McDonaldland mascot Grimace.

McDonald's Responds To Elon Musk: We Will Accept Dogecoin If Tesla Accepts This Cryptocurrency

A staggering 169 new Dogecoin (CRYPTO: DOGE) contracts were created on the Ethereum (CRYPTO: ETH) and the Binance (CRYPTO: BNB) blockchains amid the popular meme coins stupendous rally, which saw its price increase by about 25% in the last 24 hours and an eye-watering 150% over the previous week, causing thousands of dollars worth of investors' wealth to be lost. Musk's Tweet Propelled Tuesday's Rally Tesla Inc (NASDAQ: TSLA) CEO Elon Musk posted a tweet that appeared to be the catalyst for Tuesday's Dogecoin price increase.

Following Musk's Tweet, 169 New DOGE Contracts Created On Ethereum Cost Investors Thousands of Dollars Amid Meme Coin's Rally

The host of popular YouTube channel Coin Bureau is looking at whether Dogecoin (DOGE) is ready for real-world use cases thanks to Elon Musk's Twitter takeover. In a new video update, pseudonymous Coin Bureau host Guy tells his 85,900 subscribers how Musk “freeing the bird” could spark a new era for DOGE.

Will Elon Integrate Dogecoin Into Twitter? Coin Bureau Looks at Potential Future Use Cases of DOGE

Veteran analyst and crypto trading legend Peter Brandt says meme token Dogecoin (DOGE) has technically broken the trend that has kept the coin bearish for nearly a year and a half.

Legendary Trader Peter Brandt Says Meme Token Dogecoin (DOGE) Has Ended 17-Month Long Downtrend

Meme coins remained higher on Tuesday, despite cryptocurrency markets mostly trading in the red. Dogecoin is now over 130% higher in the last week, as the token climbed to its highest point since April. Shiba inu was also higher, climbing back above a key price ceiling.

Biggest Movers: DOGE Over 130% Higher in the Last 7 Days

Dogecoin (CRYPTO: DOGE) is trading higher by some 9.18% to $0.139 Tuesday morning, though off the day's high of $0.157. Per the Benzinga overnight newsdesk, the rise in the meme crypto followed a tweet from Elon Musk, where the CEO of Tesla shared a photo of a Shiba Inu dog wearing a Twitter-branded t-shirt.

Why Dogecoin (DOGE) Is Popping Off Again

Crypto markets are bracing for the Federal Reserve's latest interest rate decision on Wednesday, with a 75 basis point hike expected. The post Dogecoin continues gains as altcoins tick lower amid Fed aniticpation appeared first on The Block.

Dogecoin continues gains as altcoins tick lower amid Fed aniticpation

Less than a week after Elon Musk officially purchased Twitter, the dog memecoin is up over 150%.

Musk's Twitter Shenanigans Send Dogecoin Soaring

Dogecoin (CRYPTO: DOGE), the top gainer in October, doubled its value over the course of that month, but it was not the only coin to achieve that feat. Huobi Token (HT), the native token of Huobi Global, saw a 100.6% increase over the last 30 days.

Not Just Dogecoin — This Altcoin Also Doubled In Value In October

The coin behind the dog ralled double-digits after Musk posted a picture of his Shiba Inu donning the Twitter logo.

Dogecoin Jumps 29% as Musk-Fueled Meme Rally Continues

The price of some 67 tokens dropped more than 90% following their issuance, on-chain data shows.

Elon Musk Tweet Sparks Flurry of Twitter-Themed Dogecoin Tokens

Dogecoin (CRYPTO: DOGE) was seeing a sharp 11% rise early Tuesday, trading above the 14-cent mark, according to data from Benzinga Pro. Dogecoin Single-Day Chart.

Dogecoin Sees Sharp 11% Rise Following Elon Musk's Twitter Post

Bitcoin and Ethereum were seen trading in the red on Monday evening, even as the global cryptocurrency market cap inched up 0.07% to $1 trillion at 9:15 p.m. EDT.

Dogecoin Firm Even As Bitcoin, Ethereum Slip: Analyst Sees Meme Coin Rally Paving Way For Altcoin Season

Shiba Inu

Shiba Inu (CRYPTO: SHIB) was spiking up over 10% higher at one point during Monday's 24-hour trading session, in tandem with Dogecoin (CRYPTO: DOGE), which reached 11.72% over Sunday's 24-hour closing price. The two Shiba Inu-based cryptocurrencies have been trading mostly in unison since Oct. 25, when Dogecoin started to surge higher following news Tesla CEO Elon Musk had told bankers he planned to close his acquisition of the now private social media company Twitter.

Shiba Inu Follows Dogecoin Into Consolidation: Is The Crypto Getting Ready To Surge Higher?

Since Tesla chief Elon Musk took over the reins of social networking giant Twitter, nearly $140 million worth of Dogecoin (CRYPTO: DOGE) have been liquidated, even as the popular memecoin continued its stellar performance on Monday, trading up over 10%. Having been widely mentioned by the "Dogefather" — as Musk is known in crypto circles — Doge has gained over 110% over the past week and has reached a market capitalization of a mouth-watering $17.36 billion, with the memecoin trumping Cardano (CRYPTO: ADA) as the eighth largest cryptocurrency.

Nearly $140M In Dogecoin Liquidated Since Elon Musk's Takeover Of Twitter: Here's How Much Short-sellers Lost

Benchmark meme token Dogecoin (DOGE) is spearheading an altcoin market bounce, clocking in gains of 114% in the last seven days. DOGE first started moving on news that tech billionaire Elon Musk, one of Dogecoin's most prolific supporters, had successfully taken over social media giant Twitter. Dogecoin rallied over 137% from around $0.

Dogecoin's (DOGE) Explosive 114% Rally Is Not Over Yet, According to Top Analyst

Following Elon Musk's Twitter takeover, Dogecoin is on a speculative tear—though any plans for Twitter to use the meme coin have yet to be revealed.

Dogecoin Doubles in October, Following Elon Musk's Twitter Takeover

Dogecoin (CRYPTO: DOGE) surpassed the weekly gains of larger cryptocurrencies — Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) — to emerge as the top gainer of the week ended Oct. 31. Here is a roundup of some cryptocurrencies that saw upwards movement in the week.

Dogecoin May Have Stolen The Limelight — But These Minor Cryptos Also Struck Big Gains Last Week

Optimism is returning to the market, with earnings and hopes of a Fed pivot serving to allay investors' apprehensions. Here's a recap of a few major headlines that hit the wire over the weekend and could have a bearing on the direction of the market.

Dogecoin Raises Eyebrows, Elon Musk Takes Charge At Twitter, Apple In For Setback And More: 5 Key Stories You May Have Missed From This Weekend

A pseudonymous cryptocurrency analyst sees Dogecoin (CRYPTO: DOGE) reaching levels 317% higher than the $0.12 it was seen trading at 2:43 a.m. EDT on Monday.

Dogecoin Rally Ends With Whimper Ahead Of 15 Cent Mark — But Analyst Says Good Boi Still In For Big Treat

The Dogecoin rally remained intact on Sunday evening as the global cryptocurrency market cap fell 0.6% to $1 trillion at 9:07 p.m. EDT. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -0.8% 5.3% $20,571.08 Ethereum (CRYPTO: ETH) -1.5% 16.3% $1,586.19 Dogecoin (CRYPTO: DOGE) 3.3% 104.8% $0.12 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Chiliz (CHZ) +20.6% $0.235 Algorand (ALGO) 6% $0.36 The Sandbox (SAND) +6.5% ​​$0.86

Dogecoin Rally Intact Even As Bitcoin, Ethereum Turn Red: Analyst Says Crypto Markets 'Indeed Waking Up'

Veteran trader Peter Brandt says the dogecoin bear market that began in May last year has ended. His comment came after the price of dogecoin soared following Tesla CEO Elon Musk's acquisition of the social media platform Twitter. Peter Brandt on Dogecoin Outlook Veteran trader Peter Brandt shared his analysis of dogecoin (DOGE) Sunday.

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