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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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Pepe Coin (CRYPTO: PEPE), a meme-inspired cryptocurrency, has outperformed other popular meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) in terms of market capitalization in the last 24 hours. A notable whale transfer of PEPE tokens coincided with the positive price trend. The whale withdrew 2 trillion PEPE tokens from Binance, estimated to be worth around $3 million.

Portfolio Pulse from Mehab Qureshi

July 27, 2023 | 6:06 am

Major cryptocurrencies traded mixed following the U.S. central bank's decision to raise the interest rate by 25 basis points. Despite the rate hike, investors remain hopeful that the Federal Reserve will eventually cease its series of interest rate increases. The global crypto market capitalization stands at $1.18 trillion, a 0.93% increase in the last day. The US stock market experienced a decline on Wednesday following a Federal Reserve rate hike and major corporate earnings. Analysts warn that Bitcoin may be prone to corrections post-halving.

Portfolio Pulse from Mehab Qureshi

July 27, 2023 | 2:37 am

In 2021, Mia Khalifa announced her investment in Dogecoin (CRYPTO: DOGE) when its trading price was $0.041. Today, an initial $100 investment in DOGE at that time would have grown to $195.76, representing profits of 95.76%. DOGE's value surged by 20% after Elon Musk tweeted about it. Currently, DOGE is trading at $0.080, up 4% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

July 26, 2023 | 10:18 am

Dogecoin (CRYPTO: DOGE) has outperformed Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), recording 7% gains in the last 24 hours. This surge in popularity led to the liquidation of DOGE shorts worth $5 million. The rise in Dogecoin's value is attributed to Elon Musk's promotion of a new logo, a concept shared by a Dogecoin designer. Musk's actions have sparked speculation about his intentions and their potential impact on Dogecoin.

Portfolio Pulse from Mehab Qureshi

July 26, 2023 | 5:01 am

Dogecoin (CRYPTO: DOGE) surged over 7% in the past 24 hours, outperforming other popular tokens such as Shiba Inu (CRYPTO: SHIB) and Pepe Coin (CRYPTO: PEPE). The surge is attributed to Elon Musk's promotion of a new logo shared by a Dogecoin designer on Twitter. Musk also added the Dogecoin symbol to his Twitter bio, sparking speculation about his intentions regarding the digital asset. Dogecoin now holds the position of the seventh largest digital asset with a market capitalization of $11.2 billion.

Portfolio Pulse from Mehab Qureshi

July 26, 2023 | 3:42 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin surged ahead of the U.S. Federal Reserve’s rate-hike decision. Bitcoin's price has remained stagnant due to concerns about the Federal Reserve’s upcoming decision, which is expected to include a 25 basis point rate increase. Meanwhile, Dogecoin experienced a 7% surge as the market speculated on the potential impact of Elon Musk’s latest actions on Twitter. Analysts predict that Dogecoin will reclaim the $0.10 level.

Portfolio Pulse from Mehab Qureshi

July 26, 2023 | 2:46 am

Dogecoin (CRYPTO: DOGE) surged by 11% after Tesla retained it as an accepted cryptocurrency. Tesla CEO Elon Musk's tweets about Dogecoin have historically led to price spikes. Since Musk's first mention of Dogecoin in 2019, the cryptocurrency's value has significantly increased. Musk's acquisition of Twitter and plans to integrate payments into the platform are seen as positive for Dogecoin.

Portfolio Pulse from Chris Katje

July 25, 2023 | 8:01 pm

Bitcoin (BTC) traded lower, below the $29,200 level, while Ethereum (ETH) edged higher, trading above the $1,800 mark. XDC Network (XDC) was the top gainer over the prior 24 hours, while Compound (COMP) was the biggest loser. The global crypto market cap fell to $1.17 trillion, recording a 24-hour decline of 0.3%.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 1:47 pm

Speculations have arisen about Elon Musk's potential use of Dogecoin (CRYPTO: DOGE) for global payments on Twitter's rebranded platform, 'X'. Macro Guru and former Goldman Sachs executive Raoul Pal suggested that Musk might use Dogecoin as a medium for global payments to content creators on the platform. This speculation was fueled by changes in Musk's Twitter bio, which now includes an 'X' and a 'D', interpreted as references to Twitter's rebranding and Dogecoin respectively.

Portfolio Pulse from Mehab Qureshi

July 25, 2023 | 12:12 pm

Crypto analyst Crypto Tony predicts a bullish trend for Dogecoin (CRYPTO: DOGE), stating that a close above $0.075 on the daily timeframe could indicate an imminent 'meme coin pump'. Despite a market drop, Dogecoin was outperforming other meme cryptocurrencies like Shiba Inu (CRYPTO: SHIB) and Pepe Coin (CRYPTO: PEPE). Elon Musk's recent display of the Dogecoin symbol in his Twitter bio further solidifies his support for the digital currency.

Portfolio Pulse from Mehab Qureshi

July 25, 2023 | 11:12 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.