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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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Solana's meme coin BONK has seen a 9000% increase year-to-date, reaching a market cap of $1.17 billion, making it the third-largest dog-themed coin. The surge followed a significant airdrop to the Solana community and support from major exchanges like Coinbase and Binance. The Solana Saga phone also saw increased demand due to BONK. Other Solana-based tokens like Helium and Dogwifhat also experienced substantial gains. However, analysts warn of a potential correction for BONK in the near future.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 11:15 am

Shiba Inu (CRYPTO: SHIB) has seen 8 trillion tokens withdrawn from exchanges since November, valued at $88 million. Whale activity has increased, with large transactions up by 150% in the past 30 days. Justin Sun, founder of Tron (CRYPTO: TRON), is among the whales accumulating SHIB. A significant SHIB burn rate increase coincides with a partnership with D3 Global for the .shib domain. SHIB's price is down 1.98% at $0.00001089.

Portfolio Pulse from Rounak Jain

December 24, 2023 | 7:17 pm

The cryptocurrency market saw significant developments this week, with Shiba Inu's (CRYPTO: SHIB) burn rate increasing by 28,350% after a partnership with D3 Global for the .shib domain. Dogecoin (CRYPTO: DOGE) is predicted to rally if it crosses $0.106, and Elon Musk's X platform may integrate Dogecoin payments. Solana (CRYPTO: SOL) is forecasted to break out against Bitcoin (CRYPTO: BTC), potentially leading to a rally in its USD pair.

Portfolio Pulse from Benzinga Neuro

December 24, 2023 | 9:42 am

Stock indices marked their eighth consecutive week of gains, with the S&P 500, Dow, and Nasdaq all rising. Inflation measured by the PCE index fell to 2.5% in November, the lowest since March 2021, prompting economists to reconsider the Fed's rate plans for 2024. Bullish views included predictions for Apple and Tesla, a potential Bitcoin ETF approval, and a Dogecoin rally. Bearish perspectives involved a drop in oil prices following Angola's OPEC exit, a predicted 75% fall in Ethereum, and a downgrade of Roku by Seaport Research Partners.

Portfolio Pulse from Michael Cohen

December 23, 2023 | 2:50 pm

Billy Markus, co-founder of Dogecoin, criticized SEC Chair Gary Gensler for not providing clear rules for the crypto industry, reacting to Gensler's comments on widespread non-compliance and fraud in the sector. Gensler described the crypto market as the 'Wild West' and emphasized the harm to US investors due to non-compliance with securities laws.

Portfolio Pulse from Rounak Jain

December 23, 2023 | 10:00 am

Bitcoin (BTC) remained stable, Ethereum (ETH) rose over 3%, and Dogecoin (DOGE) fell about 1.2% in the last 24-hour trading session. Bitcoin's movement echoed the general market, which was flat after the PCE index inflation report. Both Bitcoin and Ethereum recently broke out from symmetrical triangle patterns, indicating a potential shift in momentum. Bitcoin is facing resistance at $45,000 and $45,814, with support at $42,233 and $39,600. Ethereum has resistance at $2,317 and $2,461, with support at $2,140 and $2,020. Dogecoin is consolidating between $0.09 and $0.099, with resistance at $0.099 and 12 cents, and support at 9 cents and $0.083.

Portfolio Pulse from Melanie Schaffer

December 22, 2023 | 9:31 pm

Arthur Hayes, co-founder of BitMEX, has shifted his crypto portfolio by selling Solana (SOL) and purchasing more Ethereum (ETH), predicting that Ethereum will reach $5,000. His decision reflects a change from his previous support for Solana, which has faced network outages and criticism for its memecoin culture. Ethereum is gaining interest due to upcoming network upgrades and its established role in DeFi and NFTs.

Portfolio Pulse from Murtuza Merchant

December 22, 2023 | 5:19 pm

Coinbase Inc. (NASDAQ:COIN) has seen its stock surge by 400% in 2023, outperforming Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). A $1,000 investment in COIN at the start of the year would now be worth $5,000.89. In comparison, the same investment would have grown to $2,638.73 in BTC, $1,864 in ETH, and $1,352 in DOGE. Despite the stock's growth, ARK Invest has reduced its exposure to COIN. Coinbase CEO Brian Armstrong is optimistic about crypto's future and is supporting pro-crypto U.S. election candidates.

Portfolio Pulse from Mehab Qureshi

December 22, 2023 | 12:30 pm

Shiba Inu (CRYPTO: SHIB) saw a significant burn rate increase with 8.53 billion SHIB, worth over $90,000, removed from circulation, marking a 161,500% surge in 24 hours. The lead developer hinted at an upcoming announcement. Additionally, SHIB partnered with D3 Global to secure the .shib domain, aiming to enhance Web3 interoperability within its ecosystem.

Portfolio Pulse from Mehab Qureshi

December 22, 2023 | 4:59 am

Cryptocurrencies surged after jobless claims data indicated a cooling economy. Bitcoin, Ethereum, and Dogecoin saw gains, with Bitcoin expected to reach $51K pre-ETF. U.S. GDP growth slowed to 4.9% in Q3. El Salvador passed a law for instant citizenship via Bitcoin donations. The global crypto market cap increased by 2.14%. U.S. stocks rebounded, with the Nasdaq and S&P 500 posting gains. Analysts predict a Bitcoin peak in January and a potential Ethereum rally to $3,500. Santiment warns of high Bitcoin supply in profit, suggesting caution, while highlighting $MATIC and $LTC as safer opportunities.

Portfolio Pulse from Mehab Qureshi

December 22, 2023 | 2:59 am

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