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DOGEUSD

Dogecoin / US Dollar

https://dogecoin.com/

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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Dogecoin (CRYPTO: DOGE) has seen significant growth since its inception as a joke cryptocurrency. An investment of $1,000 in Dogecoin at the start of 2021 would be worth $17,343.89 today, a return of 1,634.4%. The article compares this with investments in SPDR S&P 500 ETF Trust (NYSE:SPY), Tesla Inc (NASDAQ:TSLA), and Apple Inc (NASDAQ:AAPL) over the same period, with returns of +21.8%, +2.8%, and +45.5% respectively.

Portfolio Pulse from Chris Katje

December 06, 2023 | 9:11 pm

Dogecoin (CRYPTO: DOGE) has seen a surge in notional open interest (OI) by 58% to $625 million, the highest since Nov. 2, 2022, following the recent Bitcoin rally. The meme cryptocurrency's price crossed the 10-cent mark for the first time since April 2022, with a 10% increase in the past 24 hours and a 35% gain over the past month. Elon Musk's tweet about 'Progress' in response to X News Daily's report on his company acquiring a money transmitter license is seen as a potential catalyst for DOGE's market surge.

Portfolio Pulse from Khyathi Dalal

December 06, 2023 | 7:20 pm

Dogecoin (CRYPTO: DOGE) has seen a significant increase of 13.89% in the past 24 hours, reaching a price of $0.10. Over the last week, DOGE has gained 27.0%, rising from $0.08. Despite the recent surge, it is still below its all-time high of $0.73. Trading volume has increased by 269.0%, while the circulating supply has slightly decreased by 0.36%, with a current market cap ranking of #10 at $14.49 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 3:00 pm

The latest 'Family Guy' episode features a therapist who only accepts cryptocurrencies like Bitcoin, Ethereum, and Dogecoin for payment. This mention comes as these cryptocurrencies experienced a significant rally, which is attributed to falling interest rates and the anticipation of a spot Bitcoin ETF in the U.S. 'Family Guy' has referenced Bitcoin in the past, indicating a recurring theme of cryptocurrency in the show.

Portfolio Pulse from Mehab Qureshi

December 06, 2023 | 1:47 pm

BONK, a new dog-themed token on the Solana blockchain, has surged 80.9% in the past week, reaching a market cap of $497.8 million and becoming the third-largest dog-themed token. Dogecoin (DOGE) and Shiba Inu (SHIB) remain the top two by market cap, with gains of 27.2% and 19.1% respectively. FLOKI and Baby Dogecoin also saw significant gains. The rise of BONK is attributed to the Solana blockchain's efficiency and lower transaction costs, with SOL itself rising by 56% over the last month.

Portfolio Pulse from Murtuza Merchant

December 06, 2023 | 1:25 pm

Dogecoin (DOGE) surged 17% to reach $0.10, outperforming Shiba Inu (SHIB), Bitcoin (BTC), and Ethereum (ETH) in 24-hour gains. The rise coincides with Dogecoin's tenth anniversary and a significant increase in social media presence. SHIB, BTC, and ETH saw smaller gains of 11%, 5%, and 2% respectively. Dogecoin's trading volume also jumped by over 50%. A crypto analyst predicted a potential 700% increase in Dogecoin's value by July 2024.

Portfolio Pulse from Mehab Qureshi

December 06, 2023 | 7:40 am

Floki (FLOKI) experienced a 16% increase in value, outperforming other meme cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB). The surge followed an AMA with Floki's Head of Operations, B, who discussed the strategic importance of the Valhalla game and the TokenFi platform. B highlighted the need for perfect market conditions for Valhalla's mainnet launch and suggested that it is more critical than a Binance listing. The article also mentions Bitcoin's (BTC) recent peak and the potential influences on FLOKI's performance, including Bitcoin ETF approval, the Bitcoin Halving, and possible FED rate cuts. TokenFi (TOKEN), a Floki-related project, also saw a 19% increase in its value.

Portfolio Pulse from Mehab Qureshi

December 06, 2023 | 4:42 am

Major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) surged, with BTC reaching $43,858, ETH at $2,293, and DOGE at $0.095. The rally was attributed to declining interest rates and anticipation of a U.S. Bitcoin ETF. A significant number of short positions were liquidated, totaling $162 million for BTC shorts. Analysts predict potential retracements for BTC before a continued upward trend, with targets of $38,000 and $48,000 based on technical analysis. The global crypto market cap increased by 3.56% to $1.60 trillion.

Portfolio Pulse from Mehab Qureshi

December 06, 2023 | 2:40 am

Dogecoin (CRYPTO: DOGE), a cryptocurrency that began as a joke, celebrates its 10th anniversary. Created by Jackson Palmer and Billy Markus, Dogecoin was based on the Doge meme and has seen significant returns for early investors. It gained popularity with support from Elon Musk and was added to trading platforms like Coinbase Global (NASDAQ:COIN). Conagra Brands (NYSE:CAG) mentioned Dogecoin in relation to its Slim Jim brand, and AMC Entertainment Holdings (NYSE:AMC) announced it would accept Dogecoin as payment. The future of Dogecoin may involve more retailers accepting it as payment, with McDonald's (NYSE:MCD) being a potential target for Dogecoin investors.

Portfolio Pulse from Chris Katje

December 05, 2023 | 6:23 pm

A cryptocurrency analyst, Captain Faibik, predicts Dogecoin (DOGE) will experience a massive rally, increasing by over 700% to reach $0.70 by July 2024. Another analyst, Crypto Tony, also expressed optimism about DOGE's future. Dogecoin has recently seen a 16.3% increase over the past week, aligning with a broader rise in altcoins and meme coins as Bitcoin (BTC) surpassed $42,000 for the first time in 2023.

Portfolio Pulse from Mehab Qureshi

December 05, 2023 | 1:33 pm

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