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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 (DOGE) is nearing the $0.10 mark after a recent rally, with traders optimistic about its long-term potential. Key support levels and increased transaction volumes suggest a possible bottom for the meme coin.

Portfolio Pulse from Khyathi Dalal

August 06, 2024 | 5:15 pm

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, rebounded after a significant crash. Bitcoin's price rose to $55,987.91, Ethereum to $2,536.80, and Dogecoin to $0.09892. Analysts suggest Bitcoin could reach $67,000 if it maintains a support level of $54,000. Stock markets also experienced a rebound after a severe drop.

Portfolio Pulse from Aniket Verma

August 06, 2024 | 2:41 am

Cryptocurrency markets are experiencing significant declines due to recession fears and geopolitical tensions. Bitcoin, Ethereum, and Dogecoin have seen substantial drops, with Bitcoin liquidations reaching $405 million in the past 24 hours. MicroStrategy's stock has plunged nearly 15% in pre-market trading. Analysts are divided on the future direction of Bitcoin, with some seeing potential for recovery and others predicting further declines.

Portfolio Pulse from Khyathi Dalal

August 05, 2024 | 8:16 pm

Crypto trader CryptoKaleo believes the 'memecoin supercycle' is still in play despite the recent crypto market crash. He predicts that as the dollar weakens, money will flow into equities, Bitcoin, and major blockchains, with retail investors gravitating towards meme coins. The meme coin market capitalization is currently $37 billion, down 13% in the past 24 hours. Despite recent corrections, meme coins like Dogecoin, Shiba Inu, and Pepe have shown significant long-term gains.

Portfolio Pulse from Khyathi Dalal

August 05, 2024 | 7:48 pm

Dogecoin (DOGE) has experienced a significant price drop of 9.19% in the past 24 hours, continuing a week-long decline of 26%. Despite the price drop, trading volume has surged by 280% over the past week, and the circulating supply has increased slightly. Dogecoin's market cap is currently ranked #9 at $13.63 billion.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:02 pm

Bitcoin and Ethereum have experienced significant drops of 17% and 23% respectively, amid fears of a global recession and geopolitical tensions. The total cryptocurrency market capitalization has fallen by 16.5%, erasing $510 billion in value over three days. Leveraged positions and geopolitical issues have exacerbated the decline.

Portfolio Pulse from Murtuza Merchant

August 05, 2024 | 12:57 pm

Dogecoin (DOGE) has seen a 37% drop in value over the past week amid a broader market downturn. Despite this, some traders predict a potential recovery after a possible dip below $0.07. Key metrics show mixed signals, with increased large transaction volumes but decreased daily active addresses. A significant security update is also on the horizon for Dogecoin.

Portfolio Pulse from Khyathi Dalal

August 05, 2024 | 12:22 pm

Former President Donald Trump blamed the current U.S. leadership for the global stock market sell-off, particularly targeting Vice President Kamala Harris and President Joe Biden. The Japanese market confirmed a bear market, with the Nikkei 225 and Topix indices falling over 20% from their all-time highs. The cryptocurrency market also experienced significant declines, with Bitcoin, Ethereum, and Dogecoin dropping sharply.

Portfolio Pulse from Benzinga Neuro

August 05, 2024 | 8:15 am

The cryptocurrency market experienced a significant decline due to recession fears and geopolitical tensions. Bitcoin, Ethereum, and Dogecoin saw substantial drops, with Bitcoin hitting an intraday low not seen since February. The global cryptocurrency market fell below $2 trillion, and U.S. stock futures also declined. Historical data suggests that August and September are typically poor months for Bitcoin, but October may bring hope.

Portfolio Pulse from Aniket Verma

August 05, 2024 | 2:47 am

Benzinga reviewed the prospects of popular stocks, highlighting both bullish and bearish outlooks. Key points include a potential bottom for CrowdStrike, a predicted bull run for Dogecoin, and a possible end to the tech selloff. Conversely, Tesla's Bitcoin investment is criticized, Intel faces downgrades, and NuScale Power is reportedly under SEC investigation.

Portfolio Pulse from Michael Cohen

August 03, 2024 | 12:57 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.