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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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Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) experienced a slight fall during Wednesday's trading session due to fears about inflation, high interest rates, and the state of the economy. Shiba Inu's volatility was lower due to less than average trading volume, indicating a lack of interest. The crypto is also reacting to a bearish break from a rising channel pattern. An inverted hammer candlestick pattern suggests a potential reversal to the upside.

Portfolio Pulse from Melanie Schaffer

September 27, 2023 | 7:13 pm

Crypto analyst Crypto Tony predicts significant price movements for meme coins in October, dubbed 'Flokitober'. He suggests that Floki token is in a crucial accumulation phase and Dogecoin (DOGE) is showing signs of a significant price surge. Another analyst, Kaleo, identifies a breakout pattern for PEPE token, indicating it's ready to run back to the highs.

Portfolio Pulse from Mehab Qureshi

September 27, 2023 | 11:33 am

A tweet from Elon Musk led to a surge in the value of a token known as OCISLY, resulting in significant gains for traders. Some traders turned an investment of $158 into $47,000 within 24 hours. The tweet was in response to SpaceX's successful landing of Falcon 9’s first stage on the 'Of Course I Still Love You' droneship. This is not the first time Musk's tweets have influenced cryptocurrency prices.

Portfolio Pulse from Mehab Qureshi

September 27, 2023 | 10:29 am

The Shiba Inu ecosystem token BONE gained over 10% in the past 24 hours, outperforming other popular cryptocurrencies like Dogecoin and Pepe Coin. This surge is attributed to the nearing completion of the minting of the remaining BONE supply. The Shiba Inu development team has confirmed this progress. The rewards associated with BONE on the ShibaSwap platform will end upon the completion of the BONE minting process and will shift to a new token named “TREAT.”

Portfolio Pulse from Mehab Qureshi

September 27, 2023 | 5:23 am

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a decline on Tuesday evening due to the growing acceptance of prolonged higher interest rates in financial markets. The Securities and Exchange Commission has postponed the ruling on the proposed ARK 21Shares Bitcoin ETF until next year. The S&P 500 and Nasdaq Composite also experienced a decline, while the U.S. Dollar index soared to a 10-month high. Analysts predict that Bitcoin may experience some weakness and may not break crucial levels, while Ethereum may return to being deflationary.

Portfolio Pulse from Mehab Qureshi

September 27, 2023 | 3:44 am

Crypto influencer Ben Armstrong was arrested after a live broadcast on YouTube where he planned to confront an individual named Carlos Diaz to recover his Lamborghini. Armstrong had previously discussed his ownership of the car and the potential of Cardano (CRYPTO: ADA) as a cryptocurrency. Armstrong also mentioned Bitcoin’s major cap holders and their control over a significant portion of the coin supply. He has received donations in Ethereum (CRYPTO: ETH), Bitcoin (CRYPTO: BTC), and Cardano surpassing a total of $54,000 to finance his legal endeavor to regain control of BitBoy Crypto.

Portfolio Pulse from Mehab Qureshi

September 26, 2023 | 12:32 pm

Ben Armstrong's Ben (CRYPTO: BEN) token experienced a significant drop of more than 21% in the past 24 hours following the news of his arrest. The token has fallen over 93% from its all-time high. Armstrong was taken into custody after a live broadcast on YouTube took an unexpected turn. Armstrong had previously been ousted from his media company, BitBoy Crypto. He has received donations exceeding $54,000 in Ethereum (CRYPTO: ETH), Bitcoin (CRYPTO: BTC), and Cardano (CRYPTO: ADA) to fund his legal campaign.

Portfolio Pulse from Mehab Qureshi

September 26, 2023 | 6:38 am

Shiba Inu's sister token, BONE, has surged 6% in the past 24 hours, outperforming other cryptocurrencies like SHIB, Dogecoin, and Pepe Coin. This surge is linked to the challenges faced by Shibarium, the blockchain associated with Shiba Inu. The SHIB Army previously voted to halt all minting of BONE to ensure its scarcity. However, a TimeLock feature was implemented to prevent hostile takeovers of BONE. The current circulating supply of BONE is approximately 229,923,351 tokens, with a maximum supply of 250 million tokens.

Portfolio Pulse from Mehab Qureshi

September 26, 2023 | 4:47 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin saw gains following an announcement by MicroStrategy (NASDAQ:MSTR) of their acquisition of approximately $150 million worth of Bitcoin. MicroStrategy now holds around 158,245 BTC, acquired for an aggregate purchase price of approximately $4.68 billion. Analysts note that when MicroStrategy increases its BTC holdings, the market tends to experience further dips.

Portfolio Pulse from Mehab Qureshi

September 26, 2023 | 2:31 am

The article discusses the performance of Bitcoin, Ethereum, and Dogecoin since President Joe Biden took office. It also highlights the impact of Biden's cryptocurrency regulation and the stance of various political figures on cryptocurrencies. The total $300 investment in Bitcoin, Ethereum, and Dogecoin on Jan. 20, 2021, would be worth $843.75 today, representing a return of 181.3% in around two years and eight months. In comparison, investing $300 in the SPDR S&P 500 ETF Trust would have netted a return of 11.5% over the same period.

Portfolio Pulse from Chris Katje

September 25, 2023 | 3:15 pm

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