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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.

Dogecoin (CRYPTO: DOGE) was trading about 3% higher during Thursday's 24-hour trading session in tandem with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were trading about 3.6% and 3.8%, respectively. The cryptocurrency sector, like the general market, is receiving bullish momentum after reacting positively to consumer price index data released on Wednesday, showing inflation may have peaked.

Dogecoin Perks Up To CPI Data But Lacks Celebrity Praise: What's Up With The Crypto?

Bitcoin

Ether

Major coins rallied on Wednesday after July consumer price index data indicated a slowdown in inflation. The global cryptocurrency market cap rose 3.9% to $1.1 trillion at press time.

Bitcoin 'Might Rally Significantly,' Says Analyst As It Spikes Alongside Ethereum, Dogecoin On Moderating Inflation: Key Levels To Watch

When non-fungible token (NFT) collectibles became popular, the fractionalized NFT market grew past the $200 million range seven months ago in December 2021. Since then, the fractionalized NFT market has lost more than 76% in value, dropping to an overall market capitalization of around $50 million.

Fractional NFT Markets Slide 76% in Value in 7 Months, Diced-up Doge NFT Still Leads the Pack

The global cryptocurrency market cap fell 2.7% to $1.09 trillion on Tuesday evening as investors awaited key consumer price index data. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -3% 0.5% $23,113.15 Ethereum (CRYPTO: ETH) -4.5% 4.1% $1,698.57 Dogecoin (CRYPTO: DOGE) -1.1% 3.45% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Celsius (CEL) +5.7% $0.95 Nexo (NEXO) +5.2% $0.82 UNUS SED LEO (LEO) +3.7% ​​$4.96 See Also: How To Get Free Crypto Why It Matters: Bitcoin and Ethereum traded in the red at press time as the cryptocurrency rally cooled.

Bitcoin, Ethereum, Dogecoin Fall Ahead Of Inflation Data: Why Crypto Prices May Not Return To 'Prosperous' Levels

Timothy Stebbing, product lead at the Dogecoin Foundation, stated that Dogecoin (CRYPTO: DOGE) is “far ahead” of Visa Inc (NYSE: V) in terms of payment speed. What Happened: In a series of tweets on Monday, Stebbing said that Visa takes 24 hours to reconcile payments, while Dogecoin payments reconcile within one minute.

Dogecoin Is So Far Ahead Of Visa's Payment Speed, It's 'Laughable,' Says Lead Developer

The billionaire investor shared his view on Cardano's lack of adoption, market caps, and Dogecoin on a recent podcast.

Dogecoin Has More Potential Applications Than Cardano: Mark Cuban

Cardano

Shark Tank investor Mark Cuban says Cardano (ADA) hasn't yet proven itself as a viable crypto project compared to some of the other big names. In a new interview with Altcoin Daily, Cuban says if Charles Hoskinson was on Shark Tank, he would ask the Cardano founder where his revenues were.

Billionaire Mark Cuban Criticizes Cardano, Says Dogecoin (DOGE) Has More Use Cases Than ADA

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following question to Benzinga readers: By 2023, will Dogecoin reach 20 cents again?

So Will Dogecoin Reach 20 Cents Again By 2023? Over 75% Say

Billionaire investor Mark Cuban believes that while the opportunity for Cardano (CRYPTO: ADA) as a smart contract platform may be greater, Dogecoin (CRYPTO: DOGE) still has more potential applications for the time being. What Happened: In a recent interview with Altcoin Daily, Cuban explained why he does not view market cap as an accurate indicator of a cryptocurrency project's inherent value.

Mark Cuban: Dogecoin (DOGE) Has More Applications Than Cardano (ADA)

The official Twitter account of Dogecoin (CRYPTO: DOGE) announced on Saturday that it had been exposed to a new scam and warned followers about the scheme to steal their funds.  The official account requested people avoid communication that pretends to be a technology support account or team from Dogecoin.

This Dogecoin Scam Making Rounds On Twitter

Dogecoin (DOGE) is in an uptrend as the price breaks above the moving average lines.

Dogecoin Declines as It Faces Strong Selling Above $0.071 High

The world's richest person has been a vocal supporter of several cryptocurrencies, including meme cryptocurrency Dogecoin (CRYPTO: DOGE). Here are the latest comments from Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on cryptocurrencies.

'I'm Mainly Supporting Doge': Elon Musk Likes Dogecoin's Memes, Dogs And Sense Of Humor

Bitcoin (CRYPTO: BTC) was trading mostly flag during Friday's 24-hour trading session after attempting to break up bullishly from a falling channel pattern on the daily chart, which the crypto has been stuck in since July 29. Bitcoin's 24-hour trading range has tightened significantly lately, offering little volatility for day traders who are attracted to Bitcoin and other cryptos because of their historical wild price action.

A Look At Bitcoin Heading Into The Weekend: Will Dogecoin, Ethereum Be Affected?

Billionaire Elon Musk is unveiling why he continues to advocate meme asset Dogecoin (DOGE) over the leading digital asset Bitcoin (BTC). In a new interview on Full Send Podcast, the business magnate says that even though DOGE started out as a joke, some of its features outshine what Bitcoin has to offer.

Billionaire Elon Musk Reveals Why He Supports Meme Asset Dogecoin Over Top Crypto Bitcoin

Most major coins traded lower Thursday evening as the global cryptocurrency market cap declined 1.2% to $1.06 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -1.8% -4.9% $22,668.99 Ethereum (CRYPTO: ETH) -2.2% -6.4% $1,611.71 Dogecoin (CRYPTO: DOGE) 0.5% -2.6% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Flow (FLOW +38.6% $2.63 Trust Wallet Token (TWT) +11.6% $1.16 1inch Network (1INCH) +7.3% ​​$0.84 See Also: Best USDC Interest Rates Why It Matters: Risk assets were not aligned at press time, with Bitcoin and Ethereum treading red, while stock futures were in the green.

'Crypto Is Dead?' Analyst Says Doom Calls Are Overdone As Bitcoin, Ethereum, Dogecoin Hold It Together

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:  Do you think Bitcoin (CRYPTO: BTC) is heading above $40,000 by the end of 2022?

So Do You Believe Bitcoin Is Going Above $40K, Ethereum Above $3K And Dogecoin Above 20 Cents The End Of The Year?

Crypto exchange Coinbase Global Inc (NASDAQ: COIN) has asked the U.S. Supreme Court to halt two lawsuits filed by users of the crypto exchange. What Happened: Coinbase said the trial court proceedings for two separate cases filed by users should be stopped until the exchange presses its appeal at the San Francisco-based 9th US Circuit Court of Appeals, Bloomberg reported on Tuesday.

Coinbase Asks Supreme Court To Halt User Lawsuits Relating Dogecoin And Scammers

A series of unusual Dogecoin (CRYPTO: DOGE) picked up by the DOGE community has led to the discovery of a Ponzi scheme run by a U.K.-based firm. What Happened: Popular DOGE community members, including Mishaboar, RepeatAfterVee and CalisCahin, traced a series of spam transactions on the Dogecoin blockchain to uncover a crypto scam, reported CyberNews on Tuesday.

Unusual Dogecoin (DOGE) Transactions Leads To Ponzi Scheme Discovery

Major coins traded lower Tuesday evening as the global cryptocurrency market cap fell 0.5% to $1.07 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -2% 7.7% $22,841.31 Ethereum (CRYPTO: ETH) -2% 11.3% $1,609.74 Dogecoin (CRYPTO: DOGE) -2% 7.6% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Lido DAO (LDO) +12.5% $2.3 Cronos (CRO) +6.6% $0.15 Oasis Network (ROSE) +9.1% ​​$0.09 See also: How To Get Free Crypto Why It Matters: Risk assets were seen in negative territory on Tuesday evening, with two of the largest cryptocurrencies in the red.

Are Bitcoin, Ethereum, Dogecoin Traders Losing Confidence? Analyst Says This Could Be The Start Of 'Good Times Returning'

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin thinks that calling out the crypto industry's scammers is worth it, but Dogecoin (CRYPTO: DOGE) cofounder Billy Markus isn't so sure. What Happened: In a tweet on Monday, Buterin encouraged his followers to call out scammers even if they receive hateful replies at that moment.

Dogecoin Founder And Vitalik Buterin Differ Over Calling Out Crypto Scammers

Major coins traded in negative territory on Monday evening as the global cryptocurrency market cap dropped 0.6% to $1.08 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -0.7% 10.1% $23,212.12 Ethereum (CRYPTO: ETH) -3.1% 14.8% $1635.31 Dogecoin (CRYPTO: DOGE) -0.45% 10.8% $0.06833 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Chiliz (CHZ) +18.6% $0.15 Theta Network (THETA)  +11.5% $1.5 Gala (GALA) +8.1% ​​$0.06 See Also:  Best USDC Interest Rates Why It Matters: Bitcoin and Ethereum were in the red at press time.

Bitcoin, Ethereum, Dogecoin Lose Late-July Mojo: Crypto Could See 'One Last Leg Up' Before Things 'Get Dicey Again,' Says Analyst

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum (CRYPTO: ETH) at $10,000 or Dogecoin (CRYPTO: DOGE) at $0.50?

So Which Will Happen First, Ethereum At $10K Or Dogecoin At $0.

Dogecoin (CRYPTO: DOGE) was trading flat during Monday's 24-hour trading session, printing a double inside bar pattern in continued consolidation. An inside bar pattern indicates a period of consolidation and is usually followed by a continuation move in the direction of the current trend.

Decision Time: A Look At Dogecoin Heading Into The Month Of August

The two largest coins traded in the red Sunday evening as the global cryptocurrency market cap declined 1.05% to $1.08 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -1.6% 3.3% $23,314.77 Ethereum (CRYPTO: ETH) -1.2% 5.1% $1,678.08 Dogecoin (CRYPTO: DOGE) -1.9% 1.45% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Filecoin (ROSE) +25.1% $9.94 Internet Computer (ICP) +9.5% $9.03 Arweave (AR) +6.2% ​​$15.58 See Also: Best USDC Interest Rates Why It Matters: Cryptocurrencies, which were buoyant over the weekend, appear to be losing steam heading into a fresh trading week.

Weekend Rally From Bitcoin, Dogecoin, Ethereum Sparks Summer Turnaround Hopes: Analyst Says Keep An Eye On This Stock Index

Dogecoin (DOGE) is trading marginally as the cryptocurrency's price rises above its moving average lines. Since June 26, the uptrend has been restored at the $0.07 high.

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