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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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Major cryptocurrencies had a mixed performance on Tuesday, with investors optimistic about potential approval of Bitcoin ETFs in the US. Bitcoin experienced its strongest monthly rally since January, surging more than 27% to reach a 17-month high of $35,000. The market is currently anticipating the Federal Reserve’s upcoming interest rate decision. Bitcoin ETFs could significantly impact bitcoin due to their accessibility for the average investor. Crypto analyst Michael Van De Poppe suggests that altcoins are experiencing an upward correction, while Bitcoin shows ongoing strength.

Portfolio Pulse from Mehab Qureshi

November 01, 2023 | 2:46 am

Crypto analyst Rekt Capital predicts a potential decline for Dogecoin (DOGE), noting a complicated weekly close below the Channel Top resistance. However, if DOGE can reclaim the Channel Top as support, there may still be a chance for a breakout. Other analysts, including Ali Martinez and Crypto Tony, express optimism about DOGE's recent breakout and the rising popularity of meme coins such as Floki (FLOKI) and Pepe Coin (PEPE).

Portfolio Pulse from Mehab Qureshi

October 31, 2023 | 12:14 pm

Solana-based meme coin BONK has outperformed Dogecoin and Shiba Inu in the last 24 hours. BONK, launched on December 25, 2022, appreciated by over 3,300% to a peak of $0.00000487 in January 2023. Currently, BONK is trading at $0.0000006757, while DOGE and SHIB are up 0.25% and 0.10% respectively. Amidst the rally fueled by the Bitcoin ETF, BONK has emerged as the top meme coin performer today, generating a trading volume of over $20.5 million.

Portfolio Pulse from Mehab Qureshi

October 31, 2023 | 6:10 am

A Dogecoin wallet that had been inactive for nearly a decade has carried out significant transactions, moving 5,392,984 DOGE worth $372,461. The wallet first received Dogecoin in December 2013, when the cryptocurrency was trading at $0.00054. The long-term holder of DOGE secured a profit of $366,493 after holding onto the meme token for almost a decade. Crypto analyst Ali Martinez has expressed optimism about Dogecoin, noting that it is breaking out from a multi-year descending triangle on the DOGE weekly chart.

Portfolio Pulse from Mehab Qureshi

October 31, 2023 | 4:22 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a surge driven by investor optimism surrounding the potential approval of a Bitcoin exchange-traded fund (ETF). Several Wall Street firms have submitted applications to the SEC for a new spot BTC ETF product. Crypto-focused investment funds saw a massive influx of $326 million in net inflows last week. Analysts predict a game-changing breakout for Bitcoin at $35K.

Portfolio Pulse from Mehab Qureshi

October 31, 2023 | 2:45 am

Crypto analyst Ali Martinez has expressed optimism about Dogecoin (DOGE), noting that it is breaking out from a multi-year descending triangle on the DOGE weekly chart. Another analyst, Crypto Tony, also talked about DOGE, stating that a weekly closure above a particular trendline would mark the first time in 700 days. Martinez also shared insights regarding the trajectories of Bitcoin (BTC) and Ethereum (ETH), suggesting that BTC is preparing for an upward trend, but he anticipates a temporary dip to around $33,000 before the bullish breakout.

Portfolio Pulse from Mehab Qureshi

October 30, 2023 | 12:45 pm

Dogelon Mars (CRYPTO: ELON), a cryptocurrency inspired by Dogecoin (CRYPTO: DOGE) and Elon Musk’s vision of human colonization on Mars, has seen a 6% increase in value over the past 24 hours, outperforming Shiba Inu (CRYPTO: SHIB) and Dogecoin. The rise in value can be attributed to the overall surge in meme coins, driven by Bitcoin’s (CRYPTO: BTC) climb to $34,000. An additional factor contributing to the momentum of Dogelon Mars is the introduction of an exclusive NFT collection designed specifically for the ELONgevity community.

Portfolio Pulse from Mehab Qureshi

October 30, 2023 | 7:02 am

Elon Musk, CEO of Tesla and SpaceX, has expressed agreement with YouTube users who find the increasing number of ads on the platform problematic. YouTube, owned by Alphabet Inc., has been criticized for increasing the number of ads shown to users on its free tier. Some users have suggested subscribing to YouTube Premium for an ad-free experience. Musk's social media platform X does not exempt users from seeing ads even after a monthly payment of $8. However, Musk has announced two new premium subscription plans, including a completely ad-free experience for $16 per month.

Portfolio Pulse from Ananya Gairola

October 30, 2023 | 6:52 am

Billy Markus, co-creator of Dogecoin, criticized Bitcoin ATMs as ripoffs. The number of Bitcoin ATMs in the US is growing at a rate of 3.7 per day, with approximately 27,032 currently in operation. However, security risks have been highlighted, such as a hacker gaining access to sensitive information from Bitcoin ATM manufacturer General Bytes. Markus also expressed hope for Bitcoin's price to surge to a trillion dollars, revealing he holds 0.01 bitcoin.

Portfolio Pulse from Mehab Qureshi

October 30, 2023 | 5:54 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin have surged ahead of the Federal Reserve meeting, with optimism surrounding the potential regulatory approval of a spot Bitcoin ETF listing. Bitcoin has shown a significant correlation with U.S. equity markets in recent years, but appears to be decoupling from this trend. The ProShares Bitcoin Strategy ETF (BITO) and the Grayscale Bitcoin Trust (GBTC) have seen significant increases in trading volume, indicating that spot Bitcoin ETFs could attract substantial trading volumes when introduced. Crypto analyst Michael Van De Poppe predicts Bitcoin will hit resistance at $38K, but will likely continue towards $45-50K pre-halving.

Portfolio Pulse from Mehab Qureshi

October 30, 2023 | 2:42 am

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