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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.

Elon Musk's admiration for Dogecoin (CRYPTO: DOGE) is no secret. Every time the billionaire and Dogefather tweets about the meme coin, it creates a surge in its value.

If You Bet $100 On Dogecoin When Musk Was Sued For Alleged Crypto Pyramid Scheme, Here's How Much You'd Have Today

Dogecoin (CRYPTO: DOGE) is trading lower by some 5.10% to $0.068 Thursday afternoon. The broader cryptocurrency market is experiencing marked weakness amid the fallout of Silvergate Capital Corp's planned liquidation has weighed on banks with crypto exposure.

Why Dogecoin Is Getting Hammered

Ethereum

Bitcoin

Major coins traded in the red on Wednesday evening following reports of President Joe Biden proposing changes to cryptocurrency taxation in an upcoming budget plan. Cryptocurrency Gains (+/-) Price (8:30 p.m.

Bitcoin, Ethereum, Dogecoin Drop On Report Of Biden's Crypto Tax Tweaks: Analyst Urges Focus On 'Red Candles' Amid Major FOMO

During Asian trading hours on Wednesday, Bitcoin (CRYPTO: BTC) reached a three-week low, dropping to $21,871, while Ethereum (CRYPTO: ETH), the second-largest cryptocurrency, nearly tested Tuesday's low of $1,535. This drop was spurred by U.S. Federal Reserve Chair Jerome Powell's hawkish testimony to Congress, which led traders to price in a higher "terminal rate.

Bitcoin, Ethereum and Doge Tumble After Powell's Comments: Are Traders Losing Faith In Crypto?

Dogecoin (DOGE) whales transferred more than $654.7 million worth of DOGE in the past seven days alone, according to the crypto analytics firm IntoTheBlock. IntoTheBlock notes that $654.78 million worth of DOGE was transferred in transactions greater than $100,000, indicative of whale trades.

Dogecoin Whales Transfer More Than $654,700,000 in DOGE in Just One Week: IntoTheBlock

Major cryptocurrencies were seen trading in the red Tuesday evening as the global cryptocurrency market cap declined nearly 1% to $1.02 trillion at 9:09 p.m. EST.

Bitcoin, Ethereum, Dogecoin Fall On Powell's Jolt: Analyst Sees More Crypto Struggle If 'Wave Of Risk Aversion' Doesn't Pass

Shiba Inu

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are all trading lower going into the close of Tuesday's U.S. trading session.

Why Bitcoin, Ethereum, Dogecoin And Shiba Inu Are Falling

Major coins traded in the green on Monday evening as investors' attention turned toward Federal Reserve Chairman Jerome Powell's congressional testimony later this week amid easing worries over the crisis at Silvergate Capital Corp (NYSE: SI). Cryptocurrency Gains (+/-) Price (8:30 pm EST) Bitcoin +0.20% $22,468 Ethereum +0.43% $1,570 Dogecoin +1.84% $0.075 What Happened: Apex cryptocurrency Bitcoin (CRYPTO: BTC) was trading above $22,400, while Ethereum (CRYPTO: ETH) was exchanging hands at $1,570, up 0.43%.

Bitcoin, Ethereum, Dogecoin Rise As Silvergate Fears Ebb: Analyst Says Apex Crypto Will 'Peak' Unless Fed's Powell Pulls A Surprise

As meme coin promoter Musk turns his attention from crypto to AI, Dogecoin appears to bearing the brunt of this week's losses.

Dogecoin Drops 10% on the Week as Elon Musk Turns Attention to AI

Morgan Creek Capital Management LLC CIO Mark Yusko continues to be an outspoken critic of the meme cryptocurrency Dogecoin (CRYPTO: DOGE), reiterating his stance that the token has no real utility or use case, and consequently should have no value. What Happened: In an interview with crypto analyst Scott Melker, the hedge fund veteran criticized Dogecoin.

Bitcoin Bull Mark Yusko Asks Why Dogecoin Exists: 'My Mind Hurts'

Bone Shibaswap (CRYPTO: BONE) rose 3% in the last 24 hours, even as Shiba Inu (CRYPTO: SHIB), Dogecoin (CRYPTO: DOGE) and Floki (CRYPTO: FLOKI) clocked losses amid a cryptocurrency market slide. What Happened: The rally comes after crypto exchange Crypto.com on March 2, lists BONE for trading.

Meme Token Rises 3% Amid Shiba Inu, Dogecoin Slide On Crypto.com Listing

Major coins traded in the red on Sunday evening as investors continued to digest crypto-friendly bank Silvergate Capital's (NYSE: SI) failure. Cryptocurrency Gains (+/-) Price (8:30 p.m.

Bitcoin, Ethereum, Dogecoin Slide As Silvergate Crumbles: Analyst Says Apex Crypto's Streak 'Has Been Broken'

Dogecoin (DOGE) price, which reached a low of $0.071, has since declined and is now below the moving average lines.

Dogecoin Falls Sharply As It Reaches The Next Support At $0.070

Bitcoin (CRYPTO: BTC) was plunging almost 5% during Friday's 24-hour trading session, moving counter to the S&P 500 and spot gold, which were spiking up over 1% each. Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) were following Bitcoin in the sector downturn, slipping more than 5%.

Bitcoin, Ethereum And Dogecoin Plunge, Moving Anti-Market: A Look At The Cryptos Into The Weekend

Dogecoin (DOGE) is currently hovering right in the middle between key levels of support and resistance, according to a popular crypto analyst. Ali Martinez tells his 21,100 Twitter followers that an important Dogecoin support level is at $0.075 because that's the price where 44,000 addresses holding nearly 34.4 billion coins bought in.

Dogecoin (DOGE) Hovering Right Between Key Levels of Support and Resistance, Says Crypto Analyst

One of the largest Web3 domain providers in the world is now accepting the popular meme asset Dogecoin (DOGE) as an option for payments. In a new announcement, major Web3 domain provider Unstoppable Domains says that it will now be adding DOGE to its list of digital assets that are now accepted as payment options.

Major Web3 Domain Provider Now Accepts Dogecoin (DOGE) As Payment Option

Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low.

Biggest Movers: DOGE, SHIB Fall to Lowest Levels Since January

Dogecoin (CRYPTO: DOGE) dropped 7% in the last 24 hours, as major cryptocurrency firms continue to distance themselves from Silvergate Capital (NYSE: SI). What Happened: CoinGlass data showed that over $4.54 million worth of DOGE was liquidated within the last four hours.

$4.5M Dogecoin Liquidated Amid Silvergate Uncertainty

Major coins traded in the red on Thursday evening as the cryptocurrency market experienced intense sell-off pressure in response to news of troubles at Silvergate Capital Corp.  Cryptocurrency Gains (+/-) Price Bitcoin -3.81% $22,683 Ethereum -4% $1,589 Dogecoin -3.81% $0.078 What Happened: Apex cryptocurrency Bitcoin (CRYPTO: BTC) was trading below $23,000 after a volatile trading session.  Ethereum (CRYPTO: ETH) was exchanging hands below  $1,600.

Bitcoin, Ethereum, Dogecoin Slide On Silvergate Panic: Analyst Says 'Time For A Squeeze' As Crypto Market Sees $240M Wipeout

The dog-themed meme token Dogecoin (DOGE) is outperforming the rest of the altcoin market in one key metric. Blockchain analytics firm IntoTheBlock says that a greater percentage of DOGE holders have remained in the green compared to holders of other altcoins.

Dogecoin Is Outperforming the Altcoin Market in One Metric, According to Crypto Analytics Firm IntoTheBlock

Cryptocurrency analyst Tony predicted that Dogecoin (CRYPTO: DOGE) could surge as much as 40-50% in the next few weeks.  What Happened: ‘Crypto Tony' plotted out a chart predicting that Dogecoin could be headed for as high as $0.11.

Dogecoin Could Surge 50% To $0.11, Says Crypto Analyst — Urges Elon Musk 'To Make It Happen'

Major coins traded in the green on Wednesday evening as investors grew less worried about regulatory risks and focused more on the increasing demand that surfaced in February. Cryptocurrency Gains (+/-) Price Bitcoin +1.85% $23,594 Ethereum +3.06% $1,656 Dogecoin +0.99% $0.081 What Happened: Apex cryptocurrency Bitcoin (CRYPTO: BTC) held strong above $23,500 after a volatile trading session.

Bitcoin, Ethereum, Dogecoin Spike: Analyst Sees Apex Crypto Staying Rangebound Even As Regulatory Jitters Dip

Dogecoin (DOGE) whales were very active last week transferring a total of 1,844,833,296 DOGE worth more than $154 million as the top memecoin tracked sideways. The transaction-tracking project Dogecoin Whale Alert notes on Twitter that there were approximately 99 transactions of 5 million DOGE or more last week.

Dogecoin Whales Come Alive, Transfer 1,844,833,296 DOGE Worth Over $154,000,000 in Just One Week

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus, who goes by the username Shibetoshi Nakamoto on Twitter, revealed on Tuesday why he is not working with Elon Musk. What Happened: In a tweet posted, Nakamoto said “Elon Musk is cool and people who think he is lame are lame.

Why Dogecoin Co-Creator Wouldn't Work With Elon Musk Despite Finding Him 'Cool'

Major coins experienced another bout of selling pressure on Tuesday, as crypto markets were once again swept up in a sell-off frenzy.  Cryptocurrency Gains (+/-) Price ( 8:30 p.m.

News for Dogecoin Crypto (DOGE)