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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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Crypto strategist Michaël van de Poppe suggests that the best time to invest in altcoins is eight to 10 months prior to the Bitcoin halving, a period known as 'Time Capitulation'. He highlighted that the Ethereum to Bitcoin pair reached its cycle low 252 days before Bitcoin's halving events. Despite current recession fears, van de Poppe remains optimistic about the strength of altcoins.

Portfolio Pulse from Murtuza Merchant

August 21, 2023 | 2:58 pm

Billy Markus, co-creator of Dogecoin, shared his views on cryptocurrency investments and his favorite coins. He expressed his preference for Bitcoin and Ethereum, and humorously described Dogecoin as 'just bitcoin in a dog suit'. Markus also mentioned his aversion to ERC-20 tokens. The broader crypto market has seen a sharp decline over the last few days, with major cryptocurrencies like Ripple, Solana, Dogecoin, and Shiba Inu trading down significantly.

Portfolio Pulse from Murtuza Merchant

August 21, 2023 | 12:51 pm

A TikTok user named Damien Soylash sold his Shiba Inu (CRYPTO: SHIB) tokens early and missed out on the opportunity to turn a $2,000 investment into $225 million. He bought 25 trillion SHIB tokens in January 2021 but sold them after a few weeks due to a price drop. SHIB, introduced in 2020 by an entity named Ryoshi, has been dubbed as a 'Dogecoin (CRYPTO: DOGE) Killer' due to its soaring value in 2021.

Portfolio Pulse from Mehab Qureshi

August 21, 2023 | 11:04 am

Bone ShibaSwap (CRYPTO: BONE) has surged 7% in the last 24 hours, outperforming other meme coins such as Shiba Inu (CRYPTO: SHIB), Dogecoin (CRYPTO: DOGE), and Pepe Coin (CRYPTO: PEPE) which have seen declines. The surge in BONE's price is attributed to an announcement by Shytoshi Kusama, the lead developer in the Shiba Inu ecosystem, about plans to transition the Shiba Inu Layer 2 blockchain network, Shibarium, into private mode.

Portfolio Pulse from Mehab Qureshi

August 21, 2023 | 6:10 am

Billy Markus, co-creator of Dogecoin (CRYPTO: DOGE), has blocked over 210,000 accounts on X (formerly Twitter). This includes Jackson Palmer, another DOGE co-creator. Markus' blocking is often automated, triggered by users liking certain posts. Elon Musk recently announced plans to remove the block feature on X, which could lead to Palmer being unblocked. DOGE is currently trading at $0.06393, down 0.38% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

August 21, 2023 | 4:39 am

Cheems, a popular Shiba Inu meme icon, passed away at the age of 12, causing confusion within the crypto community as rumors circulated that the dog associated with the Dogecoin meme had died. The Dogecoin meme actually features a different Shiba Inu named Kabosu. Dogecoin was introduced as a humorous response to Bitcoin, and has gained recognition in the sporting world and support from entrepreneur Elon Musk. At the time of writing, DOGE was trading at $0.06393, down 0.38% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

August 21, 2023 | 3:41 am

Major cryptocurrencies experienced mixed trading following market turmoil. A court decision regarding the dispute between Grayscale and U.S. regulators, which could have positively impacted Bitcoin's price, did not materialize. Bitcoin's price fell by approximately 11% last week, marking its worst weekly return since November. The global crypto market capitalization stands at $1.06 trillion, a 0.47% increase in the last day. Analysts suggest that Bitcoin ETF rulings could impact the market, and some traders are nervous about potential negative outcomes.

Portfolio Pulse from Mehab Qureshi

August 21, 2023 | 2:40 am

The recent market downturn has led to significant declines in cryptocurrency market caps, sparking debate among traders and investors. Crypto analytics firm Santiment suggests that the average returns on altcoins are currently in a 'mathematically historic opportunity zone', indicating potential upside for investors. Despite the market turmoil, the number of substantial Bitcoin wallet holders hasn't declined, suggesting confidence among seasoned investors. The overall cryptocurrency market has experienced a significant drop, with Ripple, Solana, Dogecoin, and Shiba Inu seeing decreases of 13%, 11.3%, 15.6%, and 21% respectively in the past week.

Portfolio Pulse from Murtuza Merchant

August 20, 2023 | 1:32 pm

SpaceX has reportedly sold its entire Bitcoin holdings, resulting in a write-down of $373 million. Former President Donald Trump has been revealed to hold a significant amount of Ethereum, valued between $250,000 and $500,000. Crypto investor Anthony Pompliano remains bullish on Bitcoin, despite its current price being more than 50% below its all-time high. Cryptocurrency FLOKI has expressed its admiration for fellow meme coins, Dogecoin and Shiba Inu. A mysterious whale has transferred a massive amount of Shiba Inu tokens, equivalent to approximately $40.7 million.

Portfolio Pulse from Benzinga Neuro

August 20, 2023 | 2:00 am

Glassnode co-founders Jan Happel and Yann Allemann suggest that Bitcoin (BTC) could be nearing its bottom, with two possible short-term outcomes: a gradual decline to the $24.8k - $25k range or a swift, sharp drop countered by buying pressure. Crypto strategist Rekt Capital notes a shift in market dynamics and a lack of buy-side pressure, hinting at possible further declines. Major cryptocurrencies like Ripple (XRP), Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB) have seen significant losses over the last seven days.

Portfolio Pulse from Murtuza Merchant

August 19, 2023 | 6:12 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.