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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 (DOGE) price has risen above the $0.07 support level and above the moving average lines.

Dogecoin Bounces Above $0.08 Support After Rejecting Recent High

According to crypto analytics platform CoinWarz, meme token Dogecoin (DOGE) is vastly more profitable to mine than Bitcoin (BTC). Per the analytics platform, the electricity costs are slightly less to mine BTC than DOGE, but the profit margin for mining DOGE is signifcantly higher than mining BTC.

Dogecoin Is 261% More Profitable Than Bitcoin in One Key Aspect: Crypto Analytics Platform

Bitcoin

Ethereum

Bitcoin (CRYPTO: BTC) was spiking up more than 2% higher during Friday's 24-hour trading session, coming close to tagging the 200-day simple moving average (SMA) in tandem with the S&P 500, which was behaving similarly. Ethereum (CRYPTO: ETH) regained the 200-day SMA on Thursday and Dogecoin popped above the area on Monday.

Ethereum And Dogecoin Suggest New Crypto Bull Cycle But Bitcoin Must Regain This Level: What To Watch

Shiba Inu

Most holders of the meme token Dogecoin (DOGE) are sitting on profits, but the majority of rival meme token Shiba Inu (SHIB) owners are in the red even though the crypto markets are rallying. According to blockchain analytics firm IntoTheBlock, 59% of DOGE holders are profitable in their investments while 35% are not.

Most Dogecoin Holders Are in Profit While Majority of Shiba Inu Owners Remain Underwater: IntoTheBlock

Major coins rallied on Thursday evening as the global cryptocurrency market cap rose 2.85% to $906.4 billion at 7:23 p.m. EST.

Bitcoin, Ethereum, Dogecoin Jump After Inflation Data: Analyst Says Apex Coin Might Remain 'Trapped' In This Range

Major cryptocurrencies were trading higher on Wednesday evening as the global market cap rose 2.5% to $880 billion at 7:38 p.m. EST.

Bitcoin, Ethereum, Dogecoin Rally Ahead Of Inflation Data: Analyst Sees Apex Crypto At $30k-$40K This Year But 'People Aren't Ready'

A closely followed crypto analyst believes top meme altcoin Dogecoin (DOGE) is gearing up for a strong surge. Pseudonymous analyst Cantering Clark tells his 156,700 Twitter followers that DOGE looks bullish as it continues to stay above its multi-month support of around $0.07.

Top Crypto Analyst Says Dogecoin (DOGE) Looks Good To Go Much Higher – Here's His Target

Bitcoin and other major cryptocurrencies were trading higher on Tuesday evening as the global cryptocurrency market cap rose nearly 1% to $857.5 billion at 7:33 p.m. EST.

Bitcoin, Ethereum, Dogecoin Rally Intact Amid Powell Nonevent: Trader Says Apex Coin's Bullishness Contingent On Dollar Moves

The broader crypto markets are starting the year on a high note, but top meme coin Dogecoin (DOGE) has yet to make a major move to the upside. One of the best performing large-cap altcoins to start the year is Lido DAO (LDO). The liquid staking protocol opened 2023 at $0.

Dogecoin (DOGE) One of the Worst Performers Among Large-Cap Coins So Far This Year – Here Are the Top Gainers

Dogecoin (CRYTO: DOGE) was blasting almost 7% higher during Monday's 24-hour trading session, in tandem with the S&P 500, which was popping up over 1%. The Shiba Inu-themed crypto was showing strength in comparison to Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were trading more moderately higher by 1% and 3.7%, respectively.

Dogecoin Flies Higher, Leading Bitcoin, Ethereum: Here's What To Watch

The world's most popular meme coin Dogecoin is among the best-performing cryptocurrencies in the past 24 hours.

Dogecoin Hits 3-Week High as Wider Crypto Market Flips Green

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH)  surged late on Sunday evening, joining the rest of the top 10 cryptocurrencies by market capitalization in a significant appreciation. Coins Price Gains (Recorded at 9pm ET) Bitcoin $17,175 +3.42% Ethereum $1,292 +7.84% What Happened: Bitcoin was up 3.42% at $17,175 over the last 24 hours, pushing past the $17,000 level, while ETH gained 7.84% to $1,292, according to CoinMarketCap data.

Bitcoin Pushes Past $17K, Ethereum, Dogecoin Extend Gains: Analyst Predicts Crypto Rally This Week But Don't Get Carried Away

Dogecoin (DOGE) price has risen above the current support level of $0.07.

Dogecoin Is In A Bind As It Recovers But Faces Rejection At $0.075 High

Bitcoin and Ethereum traded slightly higher on Thursday evening, even as the global cryptocurrency market cap fell 0.5% to $818 billion at 7:52 p.m.

Bitcoin, Ethereum Hold Up, Dogecoin Falls Amid Risk-Off Sentiment: Trader Pencils Key Level For Apex Crypto To Cross $17K

The Dogecoin (DOGE) Foundation is ratcheting up efforts to support the growth and development of the meme token ecosystem. The foundation says that it is setting up a new Dogecoin Core development fund which will be managed by developers and the signatories on Dogecoin Foundation's board.

Dogecoin Backer Launches New 5,000,000 DOGE Development Fund To Support Ecosystem

Dogecoin raced to a multi-week high on Jan. 5, as meme coins rose higher following recent days of consolidation. The coin climbed for a second straight session on Thursday, which comes ahead of Friday's U.S. nonfarm payrolls numbers. Shiba inu was also in the green, after today's gains.

Biggest Movers: DOGE, SHIB Surge to Multi-Week Highs on Thursday

Cardano

Polygon

Solana

A widely followed crypto analyst is breaking down his predictions for Ethereum (ETH) and a handful of popular altcoins.

Top Trader Reveals Forecasts for Cardano, XRP, Dogecoin and Three Additional Altcoins As 2023 Begins

Shibarium's central token BONE (CRYPTO: BONE) rose more than 18%, reaching the $1 mark early on Thursday morning. What Happened: At the time of writing, BONE was trading at $1.10.

Shibarium Central Token Rallies 18%, Leaving Shiba Inu And Dogecoin In The Dust

Major cryptocurrencies traded higher on Wednesday evening as the global cryptocurrency market cap rose 2.05% to $822.6 billion at 7:40 p.m. ET.

Bitcoin, Ethereum, Dogecoin Rise On Fed's Mostly Bullish Tone: Analyst Sees More Consolidation For Apex Crypto

Major cryptocurrencies were seen trading lower on Tuesday evening as the global cryptocurrency market cap dropped 0.2% to $805.9 billion at 7:14 p.m. EST. 

Bitcoin, Ethereum, Dogecoin Slip: Analyst Says This Major Crypto Needs A Bounce Or 'Things Get Painful'

Major coins gained upward momentum on Monday evening, as the global cryptocurrency market cap rose 0.85% to $805.75 billion.

Bitcoin, Ethereum, Dogecoin Trade Higher — Why This Analyst Is Calling A Bull Market As 2023 Unfolds

The Dogecoin (CRYPTO: DOGE) Foundation has announced the creation of a new development fund for the Dogecoin Core project. The fund will be managed by existing core developers and members of the Dogecoin Foundation board and will be transparently documented through forthcoming blog posts detailing all expenditures and developments.

Supporting The Future Of Dogecoin: Foundation Launches Development Fund For Dogecoin Core

Crypto prices declined slightly throughout the week and MicroStrategy stock fell as the firm sold bitcoin for the first time. The post The week in markets: Bitcoin dips while dogecoin drops 10% and MicroStrategy stock falls appeared first on The Block.

The week in markets: Bitcoin dips while dogecoin drops 10% and MicroStrategy stock falls

Dogecoin (DOGE) price hit a low of $0.06 on December 30. Today, DOGE is recovering as it started to rise.

Dogecoin Escapes The Downturn And Climbs Above $0.07

Bitcoin and Ethereum slid less than 2% in the final week of a brutal year for crypto prices; SOL and DOGE fell much harder.

News for Dogecoin Crypto (DOGE)