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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.

Billy Markus, co-creator of Dogecoin (CRYPTO: DOGE), doesn't expect the meme coin to reclaim its previous all-time high.  What Happened: In a tweet on Monday, Markus said DOGE may never hit $0.74 again.

Dogecoin Creator Explains Why DOGE May Never Hit $0.74 Again

Dogecoin (CRYPTO: DOGE) was surging more than 11% higher on Tuesday after consolidating with an inside bar on Monday. The consolidation, paired with Dogecoin's 18% rise on Sunday has set the crypto into an uptrend pattern on the daily chart.

Here's Why The Bottom May Be In For Dogecoin As The Crypto Surges Higher

Shiba Inu

Dogecoin, Shiba Inu Prices Pump as Elon Musk Doubles Down on DOGE

SHIB was trading almost 15% higher during today's session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12. Shiba Inu (SHIB) SHIB was once again in the green on Tuesday, as it continued to move away […]

Biggest Movers: DOGE, SHIB Near 10-Day Highs, Following Recent Surges in Price

Bitcoin

Ethereum

In a recent move to crackdown on the rising interest in cryptocurrency in China, Tencent Holdings Ltd (OTC: TCEHY)-owned social media platform WeChat has announced policies to ban accounts related to crypto or non-fungible tokens (NFT). What Happened: According to recently updated policies of WeChat, the platform will either restrict or ban social accounts involved with the issuance, trading, and financing of cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), or Dogecoin (CRYPTO: DOGE), and NFTs.

WeChat To Ban Accounts Engaged With Bitcoin, Ethereum, Dogecoin Or NFTs

The Tesla CEO maintained that he has “never said that people should invest in crypto.”

Elon Musk Reiterates Support for Dogecoin at Qatar Economic Forum

The Tesla CEO has reiterated his support for the cryptocurrency dogecoin in an interview at the Qatar Economic Forum. The post Elon Musk doubles down on support for dogecoin despite market turmoil appeared first on The Block.

Elon Musk doubles down on support for dogecoin despite market turmoil

Dogecoin (CRYPTO: DOGE) traded 5.5% higher at $0.06 over 24 hours leading up to early Tuesday morning. DOGE rose along with other major coins as the global cryptocurrency market cap shot up 4.8% to $966 billion.

Dogecoin Gets 2nd Elon Musk Boost In A Row: Tesla CEO Says 'Responding' To People

Tesla CEO Elon Musk is once again confirming his support for popular meme token Dogecoin (DOGE) despite getting hit with a multimillion-dollar lawsuit that alleges he promoted the dog-themed crypto asset as a pyramid scheme. The business magnate tells his 99 million Twitter subscribers that he will continue to support and purchase DOGE even as […] The post Elon Musk Reiterates Support for Dogecoin After Facing $258,000,000,000 Crypto Lawsuit appeared first on The Daily Hodl.

Elon Musk Reiterates Support for Dogecoin After Facing $258,000,000,000 Crypto Lawsuit

The world's richest man shared that he is buying a leading meme cryptocurrency in the recent crypto bear market. Here's a look at how much a small investment could grow.

Elon Musk Is Still Buying Dogecoin, If You Join Him And Invest $100, Here's How Much You'll Have If DOGE Gets Back To 25 Cents

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 $30,000 by the end of August?

Do You Believe Bitcoin Is Going Above $30K, Ethereum Above $2K And Dogecoin Above 15 Cents By The End Of August?

The billionaire's posts may have been related to a recent lawsuit that sues him, as well as Tesla and SpaceX, for a whopping $258 billion.

Elon Musk Says He's Still Buying Dogecoin — and Vows to 'Keep Supporting' It

Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn. Elon Musk Reaffirms Commitment to Dogecoin Tesla CEO Elon Musk reaffirmed his support for the meme cryptocurrency […]

Tesla CEO Elon Musk Confirms He'll Keep Buying and Supporting Dogecoin

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?

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

Dogecoin (DOGE) exchange rate fell further to the low of $0.05 on June 13. Bears broke below the previous low of $0.06 while bulls bought the dips. After the recent drop on June 13, the bulls stopped the further decline. Last week, the altcoin fluctuated between $0.050 and $0.063.

Dogecoin Survives Downtrend above $0.05 as It Resumes Recovery

Even amid a brutal bear market, a Musk support tweet predictably gives the best-known meme coin a brief price surge.

Dogecoin Pumps 8% After Elon Musk Says He's Still Buying

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has again shown his support for Dogecoin (CRYPTO: DOGE). On Sunday, he went on Twitter to endorse Dogecoin, following the meme coin's price plunge in the last few days.

Elon Musk Does It Again! Endorses Dogecoin, Says He'll Keep Buying The Meme Coin

The lawsuit alleges that Musk's consistent messaging that he was a fan of the cryptocurrency led directly to its price spike, and when market conditions changed, investors lost out. The post Musk tweets that he will keep supporting Dogecoin, in spite of lawsuit appeared first on The Block.

Musk tweets that he will keep supporting Dogecoin, in spite of lawsuit

Dogecoin (CRYPTO: DOGE) was plunging 11% lower during Saturday's 24-hour trading session, which Benzinga called out as the most likely scenario on Friday due to a bearish lean on the crypto's inside bar pattern. The Shiba Inu-themed crypto fell below the important psychological support level at 5 cents on Saturday, and future price action could become even more grim.

That's A Bad Dog! Dogecoin Breaks Major Psychological Level, So What's Next

Shares of several popular altcoins, including Dogecoin (CRYPTO: DOGE), are trading lower again Saturday afternoon in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH).  Crypto has traded lower this week in tandem with major U.S. indices, which are also experiencing marked weakness after.

Why Dogecoin Is Getting Hammered Again Today

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 below $10,000 by the end of July?

So Will Bitcoin Fall Below $10K, Ethereum Below $500 And Dogecoin Below 3 Cents By The End Of July?

The original memecoin, Dogecoin (DOGE), is now building a decentralized ecosystem. Dogecoin developers announced the testnet version of the new utility-focused Dogechain offshoot is now open for developers to start building before the mainnet's official launch. “Dogechain is built on Polygon Edge, which lets the project bootstrap a new blockchain network while providing full compatibility […] The post Popular Meme Crypto Asset Dogecoin Launches New Testnet in Push Towards DeFi Adoption appeared first on The Daily Hodl.

Popular Meme Crypto Asset Dogecoin Launches New Testnet in Push Towards DeFi Adoption

In Manhattan yesterday (6/16/22), a class-action lawsuit was filed against Billionaire Elon Musk, by a man named Keith Johnson.  The accusation is that Elon Musk, Tesla, and SpaceX are operating an illegal racketeering enterprise to inflate the price of the cryptocurrency most often referred to as a meme coin.

Elon Musk Is Being Sued Over Alleged Dogecoin Manipulation - A Brief History On The Most Famous Meme Coin

A disgruntled investor is suing Elon Musk and his companies Tesla and SpaceX for a whopping $258 billion, claiming they propped up a “crypto pyramid scheme” with their support for Dogecoin (DOGE). Keith Johnson, the plaintiff, argues that DOGE is “simply a fraud whereby ‘greater fools' are deceived into buying the coin at a higher […] The post Investor Sues Elon Musk, Tesla and SpaceX for $258,000,000,000 Over Alleged ‘Dogecoin Pyramid Scheme' appeared first on The Daily Hodl.

Investor Sues Elon Musk, Tesla and SpaceX for $258,000,000,000 Over Alleged ‘Dogecoin Pyramid Scheme'

Dogecoin (CRYPTO: DOGE) was trading almost 3% higher on Friday in a very tight trading range between $0.054 and $0.058. The crypto has experienced high volatility recently, whipsawing up over 24% on Wednesday only to plunge about 12% on Thursday.

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