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DOGEUSD

Dogecoin / US Dollar

Industry

Digital Currency

Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency. It is considered an altcoin and an almost sarcastic meme coin. Launched in December 2013, Dogecoin has the image of a Shiba Inu dog as its logo.

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Cryptocurrency analyst Crypto Tony predicts a rally for Dogecoin (DOGE) if it flips the resistance level of $0.106 into support, suggesting a potential 'Memeseason' with Dogecoin and Floki (FLOKI) leading the charge. The analyst also identified a resistance near $0.12 and a support level at $0.045. For FLOKI, a resistance level at $0.000060 was mentioned, indicating significant gains if breached. Currently, DOGE is trading at $0.091, down 1.72%.

Portfolio Pulse from Mehab Qureshi

December 27, 2023 | 1:00 pm

Shiba Inu's (CRYPTO: SHIB) burn rate surged by 1600% due to two significant transactions removing 131 million SHIB from circulation. A SHIB whale also moved $46 million worth of SHIB to an unidentified wallet. Shibarium, SHIB's layer-2 solution, has been handling over five million transactions daily, with 7.53 million in the last 24 hours. Despite this, over 58% of SHIB holders are facing losses, with SHIB trading down 1.16% at $0.000010.

Portfolio Pulse from Mehab Qureshi

December 27, 2023 | 5:06 am

Cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced declines as the anticipated 'Santa rally' did not occur. Over $200 million in long positions were liquidated, affecting 106,755 traders. Despite the overall crypto market cap decreasing by 0.86%, some cryptocurrencies like Sei, Mina, and Astar saw significant gains. Analysts suggest Bitcoin is entering a consolidation phase with resistance at $47-50K and support at $36-39K. Some expect a minor dip before a potential upward trend. Meanwhile, traditional stock indices like the S&P 500, Nasdaq, and Dow Jones saw modest gains.

Portfolio Pulse from Mehab Qureshi

December 27, 2023 | 2:57 am

Dogecoin (CRYPTO: DOGE) has seen a 3.87% decrease in price over the last 24 hours, continuing a negative trend from the past week. Despite a 0.0% change over the week, the trading volume has increased by 11.0%, and the circulating supply has slightly decreased by 0.01%. Dogecoin's market cap remains at $12.87 billion, ranking it 11th.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 7:02 pm

Elon Musk reacted to a report by TRG Datacenters stating that over one million people search 'How to delete Instagram' monthly. The report indicates Instagram is the most sought-after app to delete, followed by Snapchat, Twitter (X), Telegram, and Facebook. In the U.S., Instagram leads the list, followed by Facebook, Twitter, TikTok, and Snapchat. Musk has previously criticized Instagram and other social media platforms owned by Mark Zuckerberg.

Portfolio Pulse from Ananya Gairola

December 26, 2023 | 9:58 am

On Christmas, major cryptocurrencies traded mixed, with Bitcoin slightly up, Ethereum down, and Dogecoin up. Over $80 million in shorts were liquidated, with Solana experiencing the most short liquidations. The global crypto market cap increased by 0.55% to $1.69 trillion. Analysts predict a potential 2x increase in altcoin market cap in Q1 and suggest Bitcoin is primed for growth, targeting over $50,000. U.S. stock markets were closed for the holiday.

Portfolio Pulse from Mehab Qureshi

December 26, 2023 | 5:17 am

Cryptocurrency analyst Ali Martinez has observed an increase in new Dogecoin (DOGE) addresses, suggesting a potential rally for the meme-based cryptocurrency. Martinez also noted a significant withdrawal of Shiba Inu (SHIB) from exchange wallets and provided a key support level for Bitcoin (BTC) that could indicate future price movements.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 7:54 pm

Shiba Inu's (CRYPTO: SHIB) burn rate has spiked over 5000% in the past 24 hours with 53 million SHIB tokens removed from circulation. Two anonymous addresses burned 50 million SHIB in two transactions. SHIB whales have been active, with 47 large transactions noted. Since October, over 30,000 new non-zero SHIB addresses have been created, indicating increased engagement. Analyst Ali Martinez reported a withdrawal of over 8 trillion SHIB from exchange wallets since November. SHIB is currently trading at $0.000010, down 0.24%.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 4:08 pm

The article discusses the value appreciation of $100 gifts in Bitcoin, Dogecoin, and Ethereum from Christmas 2022 to the present, highlighting an 86.5% increase to $559.61. In contrast, a $100 investment in the SPDR S&P 500 ETF Trust (SPY) would have yielded a 23.7% return. The article suggests that cryptocurrency gifts may have been more rewarding than traditional gifts or investments in the S&P 500 over the past year.

Portfolio Pulse from Chris Katje

December 25, 2023 | 2:00 pm

Cryptocurrencies experienced a slight dip on Christmas Eve, with $93M in longs liquidated. Bitcoin, Ethereum, and Dogecoin saw minor losses, while Solana's SOL surpassed $100. Axie Infinity, ORDI, and Quant were top gainers. The S&P 500 rose after cooler inflation data. Analysts predict a bullish trend for Bitcoin, with potential new all-time highs in two months based on the OBV indicator. Negative sentiment was noted for STORJ, ILV, LTC, and DYDX, which may indicate upcoming price bounces.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 1:08 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.