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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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TokenFi (CRYPTO: TOKEN) surged by 10%, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which saw smaller gains. A core contributor to Floki, B Da Viking, announced TokenFi's plan to integrate traditional assets into the blockchain, with its RWA Tokenization Module set to go live in 2024. TOKEN will be the primary utility token for this module. Additionally, the FlokiFi Locker within the Floki ecosystem reached a TVL of $107 million, marking an all-time high.

Portfolio Pulse from Mehab Qureshi

December 01, 2023 | 10:04 am

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw price increases after two key developments. Microstrategy Inc (NASDAQ:MSTR) purchased an additional 16,130 BTC, bringing their total holdings to 174,530 BTC. The SEC acknowledged Fidelity Investments' filing for a spot Ethereum ETF. Analysts predict Ethereum could reach $3,500 by Q1 2024, and the trend of self-custody for Ethereum is increasing, with exchange wallets at a 6-month low and non-exchange wallets at an all-time high.

Portfolio Pulse from Mehab Qureshi

December 01, 2023 | 2:57 am

Dogecoin (CRYPTO: DOGE), launched in 2013 as a satirical cryptocurrency, has seen significant returns for early investors. With support from Elon Musk and Mark Cuban, and being accepted by companies and exchanges, Dogecoin's value surged, especially in 2021. An initial $1,000 investment in 2013 would be worth $274,807.88 today, and was worth up to $2,464,416.97 at its peak in May 2021.

Portfolio Pulse from Chris Katje

November 30, 2023 | 6:28 pm

Shiba Inu's (CRYPTO: SHIB) burn rate increased by 500% with over 83 million SHIB tokens burned, coinciding with increased activity on its Layer-2 platform Shibarium, which has logged over 4.25 million transactions. Despite a delay in its launch, Shibarium's daily transactions recently doubled to nearly 35,000. SHIB's price is currently at $0.0000082, down 1% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 30, 2023 | 4:10 am

The cryptocurrency market saw mixed results, with Bitcoin (BTC) slightly up, Ethereum (ETH) down, and Dogecoin (DOGE) up. The race for a Bitcoin ETF is heating up with 13 entrants, including Pando, BlackRock, ARK Invest, and Grayscale. The FTX estate received approval to sell trust assets worth $873 million. The global crypto market cap increased by 2.47% to $1.43 trillion. U.S. economic data showed stronger Q3 growth than expected, which could influence the December Fed meeting. Analysts predict a potential breakout for Bitcoin above $38K, while Altcoins may rally after an initial drop in BTC.

Portfolio Pulse from Mehab Qureshi

November 30, 2023 | 2:52 am

Floki's new token, TokenFi (TOKEN), has risen by 10% in the past 24 hours, surpassing the performance of meme-based cryptocurrencies Dogecoin (DOGE) and Shiba Inu (SHIB). Floki, which is often categorized as a meme coin, is establishing itself as a DeFi entity with its FlokiFi Locker protocol reaching a TVL of $107 million. The protocol's success contributes to the utility and deflationary nature of the FLOKI token by buying and burning FLOKI tokens with each transaction. Analyst Kaleo highlighted a potential bullish scenario for FLOKI if it breaks a key resistance level.

Portfolio Pulse from Mehab Qureshi

November 29, 2023 | 7:29 am

Cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) rose after Federal Reserve Governor Chris Waller's dovish remarks, suggesting a potential for rate cuts if inflation continues to decline. Waller's comments, indicating a moderating economic pace and favorable inflation trends, have fueled optimism in the markets, leading to a rise in stocks and a dip in U.S. Treasury yields. Analysts predict a 'Santa Claus Rally' that may push Bitcoin beyond $40K, while on-chain data shows profit-taking in Bitcoin and an increase in Dogecoin wallets.

Portfolio Pulse from Mehab Qureshi

November 29, 2023 | 2:58 am

Dogecoin (CRYPTO: DOGE) has seen a 3.1% increase in price over the last 24 hours, reaching $0.08. Over the past week, the cryptocurrency has also risen by over 3.0%. Despite a decrease in trading volume by 31.0% and a slight drop in circulating supply by 0.33%, Dogecoin's market cap remains the 10th largest at $11.30 billion. The article includes a comparison of Dogecoin's price volatility over the past day and week using Bollinger Bands.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:00 pm

Dogecoin (DOGE) has surpassed 5 million holders, with a significant increase in active addresses and confirmed transactions. However, less than 5,000 addresses control over 80% of DOGE's supply. The market capitalization of DOGE has increased by 14% this month, nearing $11 billion. Analyst Tony 'The Bull' suggests a potential rally based on the Parabolic Stop and Reverse (SAR) indicator, which previously preceded a 23,000% rally.

Portfolio Pulse from Mehab Qureshi

November 28, 2023 | 11:38 am

Major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) saw declines ahead of a week filled with potential macroeconomic volatility. The available supply of Bitcoin on exchanges is at its lowest since April 2018, excluding October's lows. The upcoming Bitcoin halving in April 2024 is expected to reduce the new supply entering the market by 50%, potentially increasing BTC prices. The Federal Reserve's upcoming inflation data will influence interest rate decisions, affecting Bitcoin's price. Analysts predict a positive economic trend could lead to a Bitcoin surge, with a potential to reach $40,000. Ethereum is also expected to rally, with targets around $3,100-3,600 if it breaks out of an 18-month range. Market sentiment is cautious as fear sentiment increases with altcoins retracing their gains.

Portfolio Pulse from Mehab Qureshi

November 28, 2023 | 3:14 am

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