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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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Cryptocurrencies surged, with Bitcoin surpassing $65,000 for the first time since August, driven by strong ETF inflows and supportive economic data. Ethereum and Dogecoin also saw significant gains. The market sentiment shifted to 'Greed', indicating potential buying pressure.

Portfolio Pulse from Aniket Verma

September 27, 2024 | 2:30 am

Cryptocurrency markets are experiencing a surge, with Bitcoin reaching its highest level since early August. Notable developments include PayPal's increased involvement in crypto and Bitcoin's potential as a hedge against geopolitical events. Traders are optimistic about Bitcoin's future, with some predicting a $100,000 target by year-end.

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 7:38 pm

Veteran trader DonAlt advises caution for Bitcoin at $61.5K and bearishness below $58K. He sees potential in Ethereum despite its underperformance and views Dogecoin as a speculative bet at $0.10. He remains bullish on Bitcoin's long-term potential.

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 7:18 pm

Dogecoin and Shiba Inu, two leading meme coins, are experiencing significant price surges. Shiba Inu's burn rate has increased dramatically, and the introduction of the SHI stablecoin is expected to enhance its ecosystem. Meanwhile, Dogecoin has seen substantial whale activity, suggesting a potential bullish breakout.

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 11:54 am

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw a decline as auto stocks like Ford and General Motors were downgraded, impacting equities. Bitcoin's support level is crucial, with potential to fall to $60,365 if it doesn't hold. Auto stocks fell due to Morgan Stanley's downgrade.

Portfolio Pulse from Aniket Verma

September 26, 2024 | 2:38 am

Cryptocurrency markets are trading sideways with Bitcoin, Ethereum, and Dogecoin showing minimal price changes. BlackRock leads U.S. Spot Bitcoin ETF net inflows. Bitcoin's options expiry on Friday could lead to upside volatility. Notable developments include BNY Mellon's SEC exemption and Bitcoin whales selling significant amounts.

Portfolio Pulse from Khyathi Dalal

September 25, 2024 | 7:08 pm

The meme coin WYNN experienced a dramatic rise and fall, initially reaching an $85 million market cap due to social media buzz and indirect endorsement from Drake, but has since plummeted to $1.5 million. This highlights the volatility of meme coins and the impact of celebrity influence in the crypto market.

Portfolio Pulse from Murtuza Merchant

September 25, 2024 | 7:03 pm

Mark Cuban, a prominent advocate for cryptocurrency, is emerging as a key political surrogate for Vice President Kamala Harris. His support for decentralized finance aligns with Democratic values, and he emphasizes the importance of regulatory clarity in the crypto space. Cuban's influence is significant as the 2024 U.S. presidential election approaches, highlighting the potential impact of the 'crypto vote.' Despite personal financial losses in crypto, Cuban remains committed to the industry, advocating for innovation and cautious investment.

Portfolio Pulse from Murtuza Merchant

September 25, 2024 | 6:29 pm

Dogecoin has seen a 9.3% increase over the past week, sparking discussions of a potential bullish breakout. Analysts suggest a short-term correction may occur before a significant move. Key metrics show increased large transaction volume and active addresses, though exchange netflows are down.

Portfolio Pulse from Khyathi Dalal

September 25, 2024 | 1:03 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.