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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.

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

Bitcoin

Ethereum

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.

Dogecoin Market Cap Surges to $63.5 Billion Amid Price Rally

As questions swirl around whether Donald Trump could use bitcoin to "wipe out" U.S. debt, Musk has called U.S.

It's ‘Unsustainable'—Tesla CEO Elon Musk Issues Serious U.S. ‘Bankruptcy' Warning As Bitcoin And Dogecoin Fuel $3 Trillion Price Boom

“With the election overhang now behind us, the rally in crypto markets appears sustainable," an analyst told Decrypt.

Dogecoin Peaks at 43 Cents on Continued Election Glee

Billionaire entrepreneur and television personality Mark Cuban has been an avid supporter of Dogecoin (CRYPTO: DOGE) over the years, using his public image and social media reach to drive investments in the dog-themed cryptocurrency. What happened: In one such post on X (formerly Twitter) in August 2021, the popular "shark" talked about the meme coin's greatest strengths.

Mark Cuban Once Called Dogecoin's Simplicity Its Greatest Strength: Here's How Much You'd Have Today If You Put $1000 In The Memecoin When He Made That Remark

Analysts say Dogecoin proponent Elon Musk's involvement in the upcoming Trump administration is adding fuel to the memecoin's surge.

Dogecoin's market cap crosses $63 billion after 51% price surge

Dogecoin (CRYPTO: DOGE) has jumped more than 140% in the last seven days as traders spot a technical pattern that previously preceded a massive price surge in the meme cryptocurrency. What Happened: A “golden cross” — where the 50-day moving average crosses above the 200-day moving average — has appeared in Dogecoin's price chart.

Dogecoin's Golden Cross Sparks Hype After Meme Coin Doubles Over Last Week: Previous Cycle Saw A 7,000% Rally, Could History Repeat?

Dogecoin (DOGE) has continued its positive trend and surpassed the predicted price level.

Dogecoin Fluctuates In A Range On Reaching The $0.30 High

Much of the current rally has been fueled by bullish sentiment around the meme's endorsement by technology entrepreneur Elon Musk in the Trump administration.

Dogecoin Rockets 48% as Traders Target $1 Price Next

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is soaring in price and valuation, up more than 80% in the past week and setting new 52-week highs. With the latest push in valuation, Dogecoin passed the valuation of some well-known global companies.

Much Wow! Dogecoin Is Now Larger Than Ford, Adidas, Lululemon, Roblox: 15 Companies Worth Less Than Meme Crypto

As Dogecoin punches past a three-year high price, a Canadian company aims to legitimize the meme coin through investment and infrastructure.

The MicroStrategy of Dogecoin? This Firm Is Amassing DOGE as a Treasury Reserve Asset

Cryptocurrency markets are skyrocketing, with Bitcoin setting repeated all-time high marks on Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $86,967.22 +9.4% Ethereum (CRYPTO: ETH) $3,323.2 +5.1% Solana (CRYPTO: SOL) $219.24 +6.2% Dogecoin (CRYPTO: DOGE) $0.322 +20.7% Shiba Inu (CRYPTO: SHIB) $0.00002744 +8.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52.5% and daily active addresses up by 18.4%.

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