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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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Elon Musk, known as the 'DOGE Father', expressed optimism for Argentina's future prosperity following the election of Bitcoin-friendly candidate Javier Milei as president. Dogecoin co-creator Billy Markus also showed support for Milei. Milei has criticized central banking and supports Bitcoin as a private sector solution to inflation. Dogecoin's price saw a slight increase.

Portfolio Pulse from Mehab Qureshi

November 20, 2023 | 4:41 am

The stock market saw gains for the third consecutive week, with major indexes rising. U.S. inflation slowed in October, and retail sales contracted slightly. Benzinga's event discussed fintech and digital assets. Bullish views included Amazon's blockchain head discussing a Bitcoin ETF, Microsoft's raised target price due to AI and custom chips, and Dogecoin's potential rally. Bearish perspectives involved Tesla's struggles in China, Michael Burry's short bet against the semiconductor sector, and a developer favoring Apple's Vision Pro over Meta's Quest.

Portfolio Pulse from Michael Cohen

November 18, 2023 | 5:22 pm

The article discusses the significant increase in the value of Dogecoin (DOGE) since Elon Musk first tweeted about the cryptocurrency on April 2, 2019. It highlights the impact of Musk's tweets on Dogecoin's price and mentions his acquisition of Twitter in 2022, which is seen as positive for Dogecoin. The article provides hypothetical returns on $100 investments made at the time of Musk's tweets, with a 3,199.4% return from the 2019 tweet and a 2,630.2% return from the 2020 tweet. It also notes Dogecoin's all-time high in May 2021.

Portfolio Pulse from Chris Katje

November 17, 2023 | 11:15 pm

Wall Street saw a quiet session with major averages near parity, but small caps and oil stood out with gains. The Russell 2000 and crude oil prices rose significantly, while large-cap stocks remained flat. The dollar weakened, and Treasury yields flattened. Sector-wise, energy stocks rallied, while health care and communication services lagged. Retail stocks surged, and REITs had a softer performance. Housing starts and building permits data were positive. Gap, Ross Stores, and Expedia saw stock increases, while Applied Materials faced pressure due to a potential criminal investigation. ChargePoint Holdings plunged after a preannouncement. Global markets and commodities also saw varied movements.

Portfolio Pulse from Piero Cingari

November 17, 2023 | 7:38 pm

Dog-themed cryptocurrencies, known as dog coins, are outperforming the broader crypto market, with Solana-native dog coin Bonk (BONK) leading the surge with a 1,441% rally. Solana (SOL) has also outperformed recently, which may be contributing to BONK's rise. Dogecoin (DOGE) has seen significant whale movement and plans to send physical tokens to the moon. Floki (FLOKI) has entered a marketing partnership with Indian cricket teams, and Shiba Inu (SHIB) has partnered with Manny Pacquiao for fundraising. Dogecoin millionaire Glauber Contessoto plans to invest in additional altcoins, including Avalanche (AVAX).

Portfolio Pulse from Khyathi Dalal

November 17, 2023 | 7:36 pm

Dogecoin (CRYPTO: DOGE) has seen a 5.47% price increase in the last 24 hours, reaching $0.08, and a 13.0% increase over the past week. The trading volume surged by 239.0%, while the circulating supply slightly decreased by 0.56%. Dogecoin's market cap is now $11.83 billion, ranking it 10th among cryptocurrencies.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 7:00 pm

Bitcoin and Ethereum have fallen below key levels of $37,000 and $2,000 respectively. The global crypto market cap declined by 2.8% to $1.38 trillion. FTX Token and Lido DAO were among the top losers, while Mantle led the gainers. FTX Token saw an 18.1% drop, and Lido DAO fell by 11%. Other notable gainers include Dogecoin, Monero, NEAR Protocol, and yearn.finance.

Portfolio Pulse from Lisa Levin

November 17, 2023 | 2:36 pm

Dogecoin (DOGE) has seen a 5% increase in value following an announcement by Astrobotic, a space robotics company, that it plans to send a physical representation of DOGE to the moon aboard the Peregrine Lunar Lander. This mission, funded by the Dogecoin community in 2015, is set to launch on 12/23/2023 using ULA's Vulcan Centaur Rocket. The increase in Dogecoin's value contrasts with the flat performance of other leading cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Dogecoin's surge is supported by $665M in on-chain transaction volume, the highest in three months, and an increase in DOGE long positions.

Portfolio Pulse from Mehab Qureshi

November 17, 2023 | 3:40 am

The cryptocurrency market saw a decline with Bitcoin, Ethereum, and Dogecoin experiencing volatility. Bitcoin dropped by 2.65%, Ethereum by 3.75%, while Dogecoin rose by 5.47%. Approximately $340 million of leveraged crypto positions were liquidated in two days. The U.S. Dollar Index fell, reaching its lowest since September. The SEC's delay in deciding on a spot BTC ETF is believed to disrupt market momentum. Analysts predict Bitcoin's new highs are imminent and suggest buying the dips. The global crypto market cap increased by 4.99% over 24 hours. The Dow Jones closed slightly down, while the S&P 500 and Nasdaq saw marginal increases.

Portfolio Pulse from Mehab Qureshi

November 17, 2023 | 3:06 am

The Shiba Inu ecosystem Shibarium has partnered with the Manny Pacquiao Foundation to aid in fundraising and operations. Shibarium, a layer 2 blockchain built on Ethereum, offers faster and cheaper transactions, which could benefit the foundation's charitable activities. Despite initial launch issues, Shibarium is processing thousands of transactions daily. SHIB, the ecosystem's token, has seen a 4.70% increase in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 16, 2023 | 4:09 am

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