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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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The native token of the non-fungible tokens (NFT) platform ImmutableX, known as IMX, surged by 34% on Thursday, led by South Korean traders. Major cryptocurrencies like Bitcoin, Ether, and Dogecoin traded slightly lower. The surge in IMX trading volume, which increased by over 2000%, can be attributed to growing interest and investment in IMX. Upbit, a particular exchange, showcased noteworthy volume growth in IMX trading.

Portfolio Pulse from Mehab Qureshi

September 21, 2023 | 6:35 am

Elon Musk's social media platform, X, formerly known as Twitter, is set to introduce a mobile post scheduling feature in response to user demands. The feature has been a longstanding request on the platform. The announcement came after a user, Doge Designer, requested the feature. Musk, who acquired Twitter in a $44 billion deal in 2022, has been praised for delivering fast customer support despite the tumultuous nature of his tenure.

Portfolio Pulse from Ananya Gairola

September 21, 2023 | 5:16 am

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin saw a decrease in value following hawkish remarks by Fed Chair Jerome Powell. The Federal Reserve decided to maintain its current monetary policy, keeping the benchmark interest rate unchanged at 5.25% to 5.50%. However, Fed officials revised their projections for next year, indicating a higher expected interest rate of around 5.1%. Stocks also slipped following the announcement, with Microsoft, Nvidia, and Alphabet experiencing declines. Crypto analysts predict that Bitcoin is likely to start trending up, while Ethereum dominance may decrease over the next few months.

Portfolio Pulse from Mehab Qureshi

September 21, 2023 | 2:47 am

Dogelon Mars (CRYPTO: ELON) has surpassed Bitcoin (CRYPTO: BTC) as the most talked-about cryptocurrency, according to behavior analytics platform Santiment. The token saw a recent surge in network growth and a 1.7% price surge. However, it was a profitable investment for only 14% of investors. Bitcoin and FINSCHIA (FNSA) followed ELON in the discussion rate percentage increase.

Portfolio Pulse from Khyathi Dalal

September 20, 2023 | 11:15 pm

Crypto analyst firm Rekt Capital has analyzed the market trajectories of Bitcoin (BTC), Dogecoin (DOGE), and Chainlink (LINK). LINK has faced resistance and price drops, but shows signs of resilience and potential for a rebound. DOGE has displayed stable market behavior. BTC is in an early-stage bull market, but may still undergo a downward move.

Portfolio Pulse from Murtuza Merchant

September 20, 2023 | 6:02 pm

The New York Department of Financial Services (DFS) has updated its list of approved cryptocurrencies, removing Ripple (CRYPTO: XRP), Dogecoin (CRYPTO: DOGE), and Litecoin (CRYPTO: LTC). The revised list includes Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and PayPal Dollar. The changes are part of DFS's updated digital currency supervision plan.

Portfolio Pulse from Benzinga Neuro

September 20, 2023 | 1:53 pm

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a surge in anticipation of the Federal Reserve's decision. The global crypto market capitalization stands at $1.09 trillion, a 0.87% increase in the last day. Analysts suggest that Bitcoin holds a crucial level at $26,700-26,800 and rallies further. Bitcoin's surge can be attributed to the launch of an Adoption Fund by Nomura, Japan’s largest investment bank.

Portfolio Pulse from Mehab Qureshi

September 20, 2023 | 2:27 am

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin saw gains as investors await the Federal Reserve's decision on interest rates. The outcome of the FOMC meeting could induce volatility in the top cryptocurrency. The price action of large cryptocurrencies mirrored those of stocks. Analyst Edward Moya noted that if markets don't believe the Federal Reserve will tighten again, there could be a reversal in the US dollar. Cryptocurrency trader Michaël van de Poppe suggested Bitcoin could see choppy movements before a substantial upward move.

Portfolio Pulse from Shivdeep Dhaliwal

September 19, 2023 | 3:05 am

Billy Markus, co-creator of Dogecoin, criticized former President Donald Trump for his alleged impact on free speech. This came in response to Elon Musk's concerns about legacy media suppressing speech. Musk's X Corp. is currently suing California over a law requiring disclosure of terms of service and submission of reports on combating hate speech. Markus also expressed dissatisfaction with President Joe Biden, criticizing the increase in national debt during his presidency.

Portfolio Pulse from Mehab Qureshi

September 18, 2023 | 7:22 am

In November 2021, when Bitcoin reached its all-time high of $67,617.02, it could have been used to purchase a 2021 Tesla Model Y. According to research from Coingecko, the value of Bitcoin has fluctuated over the years, allowing for different purchases. In 2015, 1 BTC could have bought 3.5 shares of Netflix. In 2017 and 2018, 1 BTC could have acquired at least 300 shares of Apple. Currently, BTC is trading at $26,646.14.

Portfolio Pulse from Mehab Qureshi

September 18, 2023 | 6:23 am

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.