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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) traded 8.35% lower at $0.065 over 24 hours leading up to the early hours of Wednesday. The meme cryptocurrency declined along with the global cryptocurrency market cap, which fell 3.75% to $902.3 billion at press time.

Why Is Dogecoin Slumping Today?

Bitcoin

Ether

Bitcoin and other major cryptocurrencies showed weakness Tuesday evening as the global cryptocurrency market cap slipped 2.8% to $908.1 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -2.2% -2.1% $20,279.18 Ethereum (CRYPTO: ETH) -4.15% 1.7% $1,144.44 Dogecoin (CRYPTO: DOGE) -9% 0.1% $0.065 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price TerraClassicUSD (USTC) +110.15% $0.043 1inch Network (1INCH) +9.4% $0.73 BitTorrent-New (BTT) +9.35% ​​$0.00000092 See Also: Best USDC Interest Rates Why It Matters: Cryptocurrencies traded in the red as risk assets lost momentum on Tuesday, when the S&P 500 and Nasdaq fell 2% and 3%, respectively.

Bitcoin, Ethereum, Dogecoin Slip Alongside Weaker Stocks: Analyst Says Altcoins 'Showing More Strength'

ApeCoin

Shiba Inu

Merchants who use a leading cryptocurrency company for their commerce solutions now have the option to accept several additional cryptos for payment. Here are the details.

Merchants Can Now Accept Dogecoin, ApeCoin, Shiba Inu And More Thanks To Coinbase Commerce

Dogecoin (CRYPTO: DOGE) was trading almost 5% lower at one point during Tuesday's 24-hour trading session after failing to regain the 50-day simple moving average on Sunday and Monday, which enticed sellers into the crypto. The retracement lower has settled Dogecoin into a possible bull flag pattern, although the formation is imperfect because of the gradually sloping pole.

Will This Bullish Pattern Dominate Dogecoin's Chart?

Dogecoin (CRYPTO: DOGE) dropped 7.6% to $0.07 over 24 hours leading up to early Tuesday. DOGE dropped along with other major coins as the global cryptocurrency market cap decreased 2% to $932.9 billion.

Dogecoin Drops Sharply: Are Recent Crypto Rallies Bound To Fade Away?

Despite Dogecoin (CRYPTO: DOGE) trading 90% below its lifetime high, investors in the meme-coin appear to be better positioned than those holding Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH). What Happened: According to data from IntoTheBlock, 53% of DOGE holders are making money at current prices, whereas only 50% of BTC holders and 52% of ETH holders are in the green.

More Dogecoin Investors In Profit Than Bitcoin, Ethereum Holders Amid Crypto Slide

Cryptocurrency exchange Crypto.com has removed Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and several other crypto tokens from its Crypto Earn rewards program. What Happened: In an announcement on Monday, the exchange said that 15 tokens would no longer be available.

Dogecoin, Shiba Inu Among Several Tokens Cut From Crypto.com Rewards Program

The crypto exchange is cutting DOGE, SHIB, and 13 other coins from Earn, but adding ZIL, NEAR, and FTM.

Crypto.com Removes Dogecoin, Shiba Inu, Others From Earn Program

Major coins remained rangebound around psychologically important levels Monday evening as the global cryptocurrency market cap retreated 0.85% to $934.25 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -1.5% 0.8% $20,734.37 Ethereum (CRYPTO: ETH) -0.6% 6% $1,193.58 Dogecoin (CRYPTO: DOGE) -1.4% 20.15% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Dogecoin (DOGE) +8.8% $0.07 ApeCoin (APE) +4% $4.73 Ethereum Classic (ETC) +2% ​​$16.9 See Also: How To Get Free NFTs Why It Matters: Cryptocurrencies continue to shadow Wall Street where stocks “can't win right now,” according to Edward Moya, senior market analyst with OANDA.

Bitcoin, Ethereum, Dogecoin Fall: Why Apex Crypto Is 'Trapped' In Tight Range For Now

Meme-based cryptocurrency Dogecoin (CRYPTO: DOGE) saw a triple-digit percentage increase in high value transactions on Monday.   What Happened: According to data from IntoTheBlock, DOGE saw a 118% increase in transactions that had a minimum value of $100,000.

Dogecoin Sees 118% Surge In Large Transactions Over 24 Hours

DOGE was trading higher on Monday, as prices rose to their highest level in almost 20 days. TRX was also in the green to start the week, as prices continued to climb, following a recent streak of bullish momentum. Dogecoin (DOGE) DOGE was a notable mover during today's session, as prices rose to their highest […]

Biggest Movers: DOGE Nears 20-Day High, as TRON Also Surges

Elon Musk's favorite cryptocurrency Dogecoin is up nearly 10%, becoming one of the crypto market's largest gainers on Monday.

Dogecoin Jumps 9% as Trading Volume Surges

Dogecoin (CRYPTO: DOGE) was trading over 7% higher during Sunday's 24-hour trading session after breaking up bullishly from a double inside bar pattern, which Benzinga predicted would happen on Thursday. The move higher also continues a solid uptrend the crypto has been trading in since bouncing off heavy support at the 5-cent mark on June 18.

Here's Why Dogecoin Looks Set To Run Higher After Breaking Free From This Pattern

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 $0.50?

The price of Dogecoin (DOGE) has broken the 21-day line SMA, signalling the resumption of an upward movement. Dogecoin will come out of the downward correction if buyers push the altcoin above the 50-day line SMA. In the same way, the cryptocurrency will rise to reach the previous highs.

Dogecoin Rebounds above $0.05 but Faces Rejection at $0.07

A newly released report from blockchain analytics firm Elliptic says that millions worth of Dogecoin (CRYPTO: DOGE) has been used for illicit activities such as terrorism, child sex abuse material, and far-right extremism. “While the vast majority of this activity consists of fraud, scams and Ponzi schemes, it also includes the most serious types of crime, including terrorism financing and vendors of child sexual abuse material (CSAM),” the Elliptic report reads.

Millions Of Dogecoin Linked With Terrorism, Illicit Activities: Report

Cardano

yearn.finance

Analytics firm Santiment is looking at crypto's richest wallets to identify possible entry points amid a long-term downtrend in the markets. First on the firm's radar is decentralized virtual world The Sandbox (SAND), which Santiment says experienced “eye-opening supply accumulation” despite recent price struggles. “The Sandbox, one of the altcoin darlings from late 2021, has […] The post Whales Are Piling Into Top Gaming Altcoin – And Letting Go of Three Crypto Assets, According to Analytics Firm appeared first on The Daily Hodl.

Whales Are Piling Into Top Gaming Altcoin – And Letting Go of Three Crypto Assets, According to Analytics Firm

Dogecoin (CRYPTO: DOGE) traded 1.55% higher at $0.065 over 24 hours leading up to Friday morning. DOGE rose alongside other major coins as the global cryptocurrency market cap increased 3.1% to $928.9 billion at press time.

What's Up WIth Dogecoin (DOGE) Today?

Bitcoin and Ethereum spiked Thursday evening as the global cryptocurrency market cap increased 5.2% to $929.8 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 5.5% 3.4% $21,086.68 Ethereum (CRYPTO: ETH) 8.7% 7% $1,143.38 Dogecoin (CRYPTO: DOGE) 3.8% 16.6% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Storj (STORJ) +49.6% $0.93 THORChain (RUNE) +22.7% $2.17 Polygon (MATIC) +22.6% ​​$0.56 See Also: Best USDC Interest Rates Why It Matters: Cryptocurrencies continue to shadow stocks.

Bitcoin, Ethereum, Dogecoin Spike: Analyst Says Brace For Crypto Breakdown Or Fakeout In Next Few Days

Dogecoin (CRYPTO: DOGE) was trading slightly down on Thursday in continued consolidation after a 42% surge brought the crypto up from just below the 5-cent mark between June 19 and Monday. The consolidation, which has been taking place over two 24-hour trading periods, has settled Dogecoin into a double inside bar pattern on the daily chart.

Which Way Is Dogecoin Headed On A Break Of This Pattern?

Dogecoin (CRYPTO: DOGE) traded 2.8% higher at $0.065 over 24 hours leading up to Thursday morning.  DOGE moved higher with other major coins as the global cryptocurrency market cap rose 2.5% to $910.7 billion at press time.

Dogecoin Daily: Price Goes Green, 'Millionaire' Showcases Purchasing Power And More

Elon Musk says he continues to support Dogecoin (DOGE) despite the meme token's crypto winter-induced 90% plummet from all-time highs. In a new interview with Bloomberg News editor-in-chief John Micklethwait, the CEO of Tesla and SpaceX explains why he promotes DOGE. “I intend to personally support Dogecoin because I just know a lot of people […] The post Elon Musk Reveals Why He Supports Dogecoin (DOGE), Says He Never Advised Investing in Crypto appeared first on The Daily Hodl.

Elon Musk Reveals Why He Supports Dogecoin (DOGE), Says He Never Advised Investing in Crypto

Bitcoin, Ethereum and major coins traded lower on Wednesday evening as the global cryptocurrency market cap slipped 2.1% to $887.6 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -2.1% -11.1% $20,116.83 Ethereum (CRYPTO: ETH) -4.7% -14.7% $1,061.83 Dogecoin (CRYPTO: DOGE) -2.8% 1.3% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Polygon (MATIC) +14.9% $0.47 Uniswap (UNI) +9.6% $5.11 Amp (AMP) +6.2% ​​$0.0095 See Also: How To Get Free NFTs Why It Matters: U.S. Federal Reserve Chair Jerome Powell appeared before Congress on Wednesday and acknowledged the hardship inflation is causing.

Bitcoin, Ethereum, Dogecoin Slip: Fed's Powell Stirs Recession Fears, But Is Crypto Selloff Showing 'Exhaustion?'

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 visitors: How much Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) do you think Elon Musk owns?

So How Much Bitcoin, Ethereum And Dogecoin Does Elon Musk Own? $1M, $10M Or Is He A Whale?

Dogecoin (CRYPTO: DOGE) traded 5.75% lower at $0.06 over 24 hours leading up to Wednesday morning.  DOGE moved lower alongside other major cryptocurrencies traded as the global cryptocurrency market cap declined 2.8% to $915 billion.

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