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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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Elon Musk plans to discuss with Apple CEO Tim Cook about the tech giant's 30% revenue-sharing policy with the microblogging site, now rebranded as 'X'. Musk suggests adjusting the fee to 30% of what 'X' keeps, aiming to maximize what creators receive on the platform. Dogecoin co-creator Billy Markus also urged Cook to share more wealth with creators. Musk revealed a new feature allowing creators to adjust the price of paid subscriptions is coming soon.

Portfolio Pulse from Ananya Gairola

August 04, 2023 | 12:33 pm

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a significant downturn despite industry-specific and macro events. The downturn occurred despite a Fitch downgrade of the U.S. Treasurys and MicroStrategy's intentions to acquire additional Bitcoin. The current market pattern may change if the SEC approves any of the spot bitcoin ETF applications submitted by companies like BlackRock. The global crypto market capitalization stands at $1.17 trillion, a 2.14% decrease in the last day.

Portfolio Pulse from Mehab Qureshi

August 04, 2023 | 12:33 pm

Dogecoin's price has decreased by 3.81% over the past 24 hours to $0.07, continuing its downward trend over the past week of -5.0%. The trading volume for the coin has tumbled 65.0% over the past week along with the circulating supply of the coin, which has fallen 0.27%. The current market cap ranking for DOGE is #9 at $10.47 billion.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:59 am

Pepe Coin (PEPE) has seen a 6% increase in the last 24 hours, outperforming Dogecoin (DOGE) and Shiba Inu (SHIB). A recent transaction involving a smart money investor who acquired 677 billion PEPE tokens has drawn attention to the coin. Data from Santiment shows that major PEPE token holders have capitalized on the recent price dip by increasing their holdings.

Portfolio Pulse from Mehab Qureshi

August 04, 2023 | 10:39 am

GameStop Corp. (NYSE:GME) has announced it will no longer support cryptocurrency wallets due to regulatory uncertainty in the United States. The removal of its iOS and Chrome Extension wallets will take place on November 1, 2023. This decision comes after the company faced challenges in the crypto space, including having to lay off several software engineers working on the development and maintenance of its crypto wallet.

Portfolio Pulse from Mehab Qureshi

August 04, 2023 | 10:39 am

MicroStrategy Inc. (NASDAQ:MSTR) reported a net income of $22.2 million in Q2, a significant improvement from a net loss of $1.1 billion in the same period last year. The company's bitcoin holdings increased to 152,800 bitcoins as of July 31, 2023. The company plans to use the net proceeds from this offering for general corporate purposes, including the acquisition of more bitcoin. Meanwhile, major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin recorded gains.

Portfolio Pulse from Mehab Qureshi

August 04, 2023 | 10:38 am

Dogecoin (CRYPTO: DOGE) saw a surge in popularity in 2021, with its value increasing significantly. However, the crypto has fallen since its all-time high in 2021 due to market volatility and the bankruptcy of some cryptocurrencies. Elon Musk's acquisition of Twitter in 2022 and his subsequent promotion of Dogecoin on the platform has brought renewed attention to the meme crypto. A $100 investment in Dogecoin at the current price could yield a hypothetical return of 856.2% if the crypto returns to its all-time high.

Portfolio Pulse from Chris Katje

August 04, 2023 | 10:32 am

Bone ShibaSwap (BONE) token within the Shiba Inu (SHIB) ecosystem has outperformed Dogecoin (DOGE) and Pepe Coin (PEPE), rising by 4% in the last 24 hours. This surge comes after SHIB lead developer announced plans to bolster the operations of Shibarium, an upcoming Layer 2 blockchain, by minting the remaining supply of BONE tokens. BONE will serve as a “passport” to the future, as token holders will have the opportunity to obtain a share of rewards.

Portfolio Pulse from Mehab Qureshi

August 01, 2023 | 4:00 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a decline after the SEC launched a lawsuit against internet marketer Richard Heart and his projects. The market also grappled with the consequences of a recent exploit on the stablecoin exchange Curve. Analysts predict that Ethereum may rally in December and January, based on historical data.

Portfolio Pulse from Mehab Qureshi

August 01, 2023 | 2:33 am

Dogecoin (CRYPTO: DOGE) is consolidating above the 200-day simple moving average (SMA), indicating a period of consolidation. The crypto has been trading mostly sideways since July 25. If Dogecoin breaks up from the flag on higher-than-average volume, it could rise up toward the 9-cent level. However, if it breaks down under the 200-day SMA, a downtrend is likely to be confirmed.

Portfolio Pulse from Melanie Schaffer

July 31, 2023 | 9:04 pm

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