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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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Dogecoin's price has risen by 3.32% in the last 24 hours to $0.07, continuing its positive trend over the past week with a 7.0% gain. The coin's trading volume has also increased by 25.0% over the past week, along with a 0.11% increase in circulating supply, bringing it to 140.04 billion. The current market cap ranking for DOGE is #9 at $9.77 billion.

Portfolio Pulse from Benzinga Insights

July 04, 2023 | 3:00 pm

Pepe Coin (PEPE) has surged by 9% in the last 24 hours, outperforming meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) in terms of market capitalization. This coincides with a shift in the cryptocurrency market due to financial institutions like BlackRock, WisdomTree, and Fidelity filing for spot Bitcoin ETFs. PEPE short positions have seen significant liquidations, totaling $2.02 million in the past 24 hours.

Portfolio Pulse from Mehab Qureshi

July 04, 2023 | 5:00 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin surged after BlackRock refiled its Bitcoin ETF application in the US. The new filing includes information that Coinbase will offer market surveillance to support the ETF. The global crypto market capitalization stood at $1.22 trillion, an increase of 1.19% over the last day. The US stock market also saw a modest increase on Monday.

Portfolio Pulse from Mehab Qureshi

July 04, 2023 | 2:46 am

Elon Musk has reiterated his offer to eat a McDonald's Happy Meal on live TV if the fast-food chain accepts Dogecoin as a form of payment. This follows a Twitter exchange between Musk and DogeDesigner. Despite Dogecoin gaining momentum and recognition throughout 2021, widespread adoption by a majority of retailers is yet to be seen. While companies such as Tesla have incorporated Dogecoin as a payment option, McDonald's has yet to follow suit.

Portfolio Pulse from Mehab Qureshi

July 03, 2023 | 6:11 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin saw gains after the SEC labeled Bitcoin ETF filings from BlackRock and Fidelity as 'inadequate'. Analysts suggest that Bitcoin could reach $310K if institutions invest 5% of their assets under management (AUM) into BTC. The global crypto market capitalization stood at $1.12 trillion, an increase of 0.79% over the last day. U.S. stock futures showed little change, signaling the beginning of the second half of a remarkable year on Wall Street.

Portfolio Pulse from Mehab Qureshi

July 03, 2023 | 3:47 am

The major U.S. stock market indexes each gained over 2% this week, marking a positive end to the second quarter of 2023. Seth Klarman, CEO of Baupost Group, praised Coinbase Global Inc for its smart moves. Apple Inc. is poised for a significant growth renaissance over the next 12 to 18 months, according to Wedbush's Daniel Ives. The recent resurgence of Bitcoin has sparked a surge in meme coins like Pepe, Dogecoin, and Shiba Inu. However, Lucid Group, Inc. and Rivian Automotive, Inc. could face bankruptcy, according to Future Fund managing partner Gary Black. The U.S. government's potential export restrictions on AI chips to China could impact companies like Nvidia Corporation. Brandon Nispel of KeyBanc Capital Markets has downgraded Walt Disney Co. from Overweight to Sector Weight.

Portfolio Pulse from Michael Cohen

July 01, 2023 | 2:50 pm

The past week saw several notable figures expressing their support for various cryptocurrencies. Seth Klarman, CEO of Baupost Group, praised Coinbase Global Inc for its smart moves and $5 billion cash reserve. A dormant Dogecoin wallet reawakened to massive gains, and former President Donald Trump’s NFT sales increased by 300%. YouTube personality MrBeast was linked to PEPE Coin, and Robert Kennedy Jr. reaffirmed his support for Bitcoin.

Portfolio Pulse from Benzinga Newsbot

July 01, 2023 | 11:11 am

Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) showed volatility ahead of the July Fourth holiday. BTC was volatile, rising 2% then dropping 3% before settling flat. ETH and DOGE showed strength, rising about 4% over Thursday’s closing price. Since the beginning of 2023, BTC has risen about 83% and ETH has surged 61%, while DOGE is down about 6% from its Jan. 1 opening price. Traders and investors will be watching to see how these cryptocurrencies trade over the weekend, which could indicate how the stock market will trade after the fourth of July.

Portfolio Pulse from Melanie Schaffer

June 30, 2023 | 8:55 pm

Dogecoin's price has risen 3.87% to $0.07 in the past 24 hours, contrary to its negative trend over the past week where it experienced a 3.0% loss. The coin's trading volume has climbed 30.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.05%.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 7:00 pm

Pepe Coin (PEPE) has surged 15% in the last 24 hours, surpassing Dogecoin (DOGE) and Shiba Inu (SHIB) in terms of market capitalization. This rise is attributed to a shift in the overall market, triggered by financial institutions like BlackRock, WisdomTree, and Fidelity filing for spot Bitcoin (BTC) ETFs. PEPE is currently trading at $0.0000017.

Portfolio Pulse from Mehab Qureshi

June 30, 2023 | 5:19 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.