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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.

Twitter is reportedly halting its plan to launch a cryptocurrency wallet, days after Elon Musk announced a plethora of changes since taking over the microblogging platform. The news appears to have significantly dented Dogecoin (CRYPTO: DOGE).

Dogecoin Sinks 10% As Elon Musk's Twitter Reportedly Suspends Work On Crypto Wallet

Bitcoin

Ethereum

Dogecoin (CRYPTO: DOGE) dropped sharply Thursday evening, even as Bitcoin and Ethereum traded in the green, with the global cryptocurrency market cap rising 0.8% to $1 trillion at 9:05 p.m. EDT.

Dogecoin Plunges, Bitcoin, Ethereum Firm: Analyst Says Watch Out For This Memecoin Pattern Before Friday Jobs Data

The social media platform has been looking to cut costs and find new sources of revenue; DOGE falls below 13 cents.

Twitter Halts Work on Crypto Wallet: Report; Dogecoin Drops 4%

Dogecoin (CRYPTO: DOGE) spiked up over 7% at one point during Thursday's 24-hour trading session before falling to trade about 2% higher. The crypto has been consolidating since Sunday, trading mostly sideways and within a number of inside bar patterns on decreasing volume.

Dogecoin Rests After Massive 150% Spike: Is The Crypto Prepping A Run To 27 Cents?

Kabosu, the Shiba Inu dog behind the cryptocurrency Dogecoin (CRYPTO: DOGE) has turned 17 today, and DOGE fans want the meme dog to be remembered forever. Fans are calling on all who love ‘The Doge' to come together to help create a bronze Kabosu statue in the dog's hometown of Sakura, Japan.

Dogecoin Community Raises Funds To Build A 'Kabosu' Statue In Japan, As Shiba Inu Dog Behind Meme Coin Turns 17

Deep-pocketed crypto whales are moving over $130 million worth of Dogecoin (DOGE) and XRP as crypto markets plateau this week. An unknown wallet sent 150 million DOGE worth more than $20.7 million to another unknown wallet on Tuesday, according to the blockchain-tracking platform Whale Alert.

Crypto Whales Move Over $130,000,000 in Dogecoin (DOGE) and XRP Within Hours – Here's the Destination

Blockchain analytics platform Santiment says that one top-ten altcoin that has surged by triple digits over the past week possesses more upside potential. Santiment says that based on two indicators, search trends and social dominance, Dogecoin (DOGE) potentially has “room for more growth.

Altcoin That's Exploded 170% in Seven Days Has Room for More Growth, Says Crypto Analytics Firm Santiment

Major coins traded in negative territory on Wednesday evening as the global cryptocurrency market cap declined 1.8% to $999.6 billion at 9:31 p.m. EDT.

Dogecoin Rally Halts, Bitcoin, Ethereum Down After Fed Rate Hike — But 1 Major Crypto Is Still Charging Ahead

Twitter Inc (NYSE: TWTR) is reportedly working on a cryptocurrency wallet that supports crypto deposits and withdrawals, according to Security Researcher Jane Wong. The social media platform recently launched a feature called "Tips," which enables users to link a third-party payment service and post their Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) wallets to their accounts, allowing followers and supporters to tip in those cryptos.

Elon Musk's Love Affair With Dogecoin Continues As Twitter Considers Crypto Wallet

Dogecoin (CRYPTO: DOGE) is trading lower by 8.21% to $0.1297 going into the close of Wednesday's session. The meme crypto is falling amid overall U.S.

Why Dogecoin Is Getting Hammered Today

Cardano

A popular crypto strategist says a trio of altcoins are in the process of taking out key resistance levels on the weekly or monthly time frame.

Breakouts Underway for Ethereum, Cardano and Dogecoin, Says Top Analyst – Here Are His Price Targets

The Dogecoin (CRYPTO: DOGE) blockchain witnessed a wallet dormant since the very beginning of the network (which launched back in December 2013) spring back to life after nearly nine years. What Happened: A wallet holding 2,374,814 DOGE woke up after being inactive since March 25, 2014, according to Blockchair data.

A Doge Titan Awakens: Wallet With 2.3M DOGE Sees Activity After Nine Years Of Slumber

Litecoin

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), the two most valued cryptocurrencies in the world, traded lower on Wednesday as investors are awaiting the interest-rate decision from the US Federal Reserve. Dogecoin (CRYPTO: DOGE), meanwhile, recorded sharp losses on Wednesday following gains on Tuesday after Elon Musk disclosed that he is the Chief Executive Officer of post-merger company after Twitter deal.

Dogecoin Records Sharp Losses, Litecoin Emerges As Top Gainer

The announcement comes as DOGE surged 102% in October

BitGo Joins Dogecoin Frenzy as Crypto Custody Firm Rolls Out a Wrapped Version

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 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%.

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