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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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Cryptocurrency markets are experiencing a downturn, with Bitcoin, Ethereum, and Dogecoin seeing significant price corrections. Despite this, traders remain optimistic about a potential bounce, particularly for Bitcoin, which is showing signs of a bullish trend. Notably, Bitcoin's spot ETF saw a $79M outflow after a week of inflows.

Portfolio Pulse from Khyathi Dalal

October 23, 2024 | 9:01 pm

Crypto trader Hoeem shares a three-wave strategy for trading meme coins, highlighting Dogecoin and Shiba Inu as established options in the third wave. The strategy emphasizes understanding market dynamics and social metrics to navigate the volatile meme coin market.

Portfolio Pulse from Khyathi Dalal

October 23, 2024 | 5:32 pm

AI meme coin GOAT has surged significantly, achieving a 160% weekly gain and a listing on ByBit. This contrasts with Dogecoin and Shiba Inu's more modest performances. Large purchases of GOAT using Solana indicate strong investor interest.

Portfolio Pulse from Khyathi Dalal

October 23, 2024 | 2:35 pm

Popcat (POPCAT), a Solana-based meme coin, defied the declining trend in the meme coin market, achieving a 5.63% rise in 24 hours and a year-to-date gain of 15344%. This contrasts with Dogecoin and Shiba Inu, which saw declines. Popcat's success highlights significant demand and interest in Solana-based meme coins.

Portfolio Pulse from Aniket Verma

October 23, 2024 | 5:36 am

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin remained flat as stock markets showed weakness for the second day. Bitcoin's price volatility continues, with analysts predicting potential downsides before a possible liquidity grab. The global cryptocurrency market contracted slightly, while major stock indexes closed lower amid rising Treasury yields.

Portfolio Pulse from Aniket Verma

October 23, 2024 | 2:02 am

Cryptocurrency markets are trading sideways with Bitcoin hovering around $67,436.75. Traders emphasize the importance of the $66,500 support level, warning of a potential drop to $61,000 if it fails. Large transaction volumes have increased, while daily active addresses have decreased. Notable developments include investments in crypto channels and discussions on Bitcoin's role as an institutional asset.

Portfolio Pulse from Khyathi Dalal

October 22, 2024 | 7:55 pm

Elon Musk discussed the potential of the XRP Ledger in a town hall, amid Ripple's co-founder Chris Larsen's $10 million donation to Kamala Harris' campaign. Musk's comments were neutral, emphasizing the value of cryptocurrency against centralized control. Ripple's CEO highlighted the importance of pro-crypto policies. The news comes as XRP faces SEC scrutiny and fluctuating prices.

Portfolio Pulse from Pooja Rajkumari

October 22, 2024 | 1:12 pm

Feline-themed cryptocurrency MEW defied the broader meme coin market slump with a 6% spike, while Dogecoin and Shiba Inu saw declines. MEW's trading volume surged 353%, and its YTD gain reached 414%. The meme coin market's total cap contracted by nearly 2%.

Portfolio Pulse from Aniket Verma

October 22, 2024 | 4:29 am

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a sharp decline after reaching multi-month highs. Bitcoin fell to an intraday low of $66,580, while Ethereum dropped to the $2,600 zone. Despite the pullback, market sentiment remains in the 'Greed' zone. Analysts suggest buying Bitcoin dips between $62,000 and $63,000. Meanwhile, stocks also pulled back, with the Dow and S&P 500 giving up recent gains, while the Nasdaq Composite saw a slight increase.

Portfolio Pulse from Aniket Verma

October 22, 2024 | 1:57 am

Cryptocurrency markets, including Bitcoin and Ethereum, are trading lower despite strong ETF inflows. Bitcoin ETF inflows surged to over $2 billion amid rising Trump election odds. Traders remain optimistic about Bitcoin's potential, with some predicting bullish trends.

Portfolio Pulse from Khyathi Dalal

October 21, 2024 | 7:32 pm

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