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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 humorously claimed to be an 'alien scientist' with a Japanese pseudonym, sparking excitement in the cryptocurrency community. DogeDesigner clarified that Musk is not Satoshi Nakamoto, the creator of Bitcoin. Musk's tweet aligns with his known eccentric online presence.

Portfolio Pulse from Aniket Verma

July 22, 2024 | 8:41 am

Bitcoin and Ethereum held steady while Dogecoin spiked following President Joe Biden's withdrawal from the 2024 presidential race. Bitcoin closed above $68,000, and Ethereum is awaiting ETF approval. Analysts predict potential volatility and a possible rise to $71,500 for Bitcoin.

Portfolio Pulse from Aniket Verma

July 22, 2024 | 2:52 am

Two significant Dogecoin transactions worth over $50 million each were spotted on Robinhood, indicating increased activity by crypto whales. Robinhood also moved substantial amounts of Dogecoin and Shiba Inu, highlighting its role in meme cryptocurrency transactions.

Portfolio Pulse from Bibhu Pattnaik

July 20, 2024 | 3:38 pm

Benzinga reviewed the prospects of popular stocks and cryptocurrencies, highlighting bullish and bearish sentiments. Nvidia saw strong demand for its AI chips, while Tesla faced potential challenges from a Trump-Vance administration. CrowdStrike caused a major IT outage, and Meta faced competition from TikTok. Ethereum and Dogecoin were predicted to reach new all-time highs.

Portfolio Pulse from Michael Cohen

July 20, 2024 | 1:10 pm

Cryptocurrency markets are experiencing significant gains, with Bitcoin, Ethereum, and Dogecoin among the top performers. Bitcoin's open interest has reached its highest since June 23, and notable developments include a $230M hack at WazirX and BlackRock's BUIDL Tokenization Fund hitting $500M in assets. Analysts predict further gains for Bitcoin, Ethereum, and Solana.

Portfolio Pulse from Khyathi Dalal

July 19, 2024 | 8:23 pm

Dogwifhat (WIF), a Solana-based memecoin, surged over 8% in the last 24 hours, reaching a 1-month high, while other memecoins like Dogecoin, Shiba Inu, and Pepe saw declines. A prominent trader suggests WIF could see further gains if it holds above $2.20.

Portfolio Pulse from Aniket Verma

July 19, 2024 | 5:38 am

Shiba Inu (SHIB) experienced a significant 875% increase in its burn rate, removing 52 million tokens from circulation. However, this was overshadowed by a massive sell-off of 5.4 trillion SHIB tokens, worth $94 million, following a hack on the WazirX exchange. The price of SHIB fell 8%, and the overall memecoin market cap dropped 4.49%. Trading volume for SHIB tripled to $1.29 billion, indicating panic-selling.

Portfolio Pulse from Aniket Verma

July 19, 2024 | 4:12 am

The cryptocurrency market experienced a decline as the odds of Donald Trump winning the presidential race dropped. Bitcoin, Ethereum, and Dogecoin saw price decreases, with Bitcoin falling from $65,000 to $63,500. Analysts suggest it might be a good time to 'long the dip' despite the negative price action.

Portfolio Pulse from Aniket Verma

July 19, 2024 | 3:00 am

Cryptocurrency markets are trading lower following a $230 million hack on Indian crypto exchange WazirX. Bitcoin, Ethereum, and Dogecoin are among the notable cryptocurrencies experiencing declines. Key metrics show a decrease in large transaction volumes and daily active addresses, while exchange netflows have risen significantly. Analysts have mixed predictions for Bitcoin's short-term performance, with some seeing potential for a bullish August if Bitcoin holds above $62,750, while others predict a bearish retest.

Portfolio Pulse from Khyathi Dalal

July 18, 2024 | 8:23 pm

Dogwifhat (CRYPTO: WIF) has surged 11% in the past 24 hours and 48% over the week. Traders believe it could rise further if Bitcoin remains stable. Key levels to watch are $2.2 and $2.50. Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have also seen gains of 10% and 5%, respectively.

Portfolio Pulse from Khyathi Dalal

July 18, 2024 | 4:58 pm

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