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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) has rallied 10% due to increased whale transactions, prompting optimistic predictions from traders. Significant transaction volume and daily address increases have been noted, with some experts setting long-term price targets at $1 and $2. However, caution is advised when investing in meme coins.

Portfolio Pulse from Khyathi Dalal

June 25, 2024 | 6:39 pm

Tech stocks are rebounding, led by Nvidia's 4% rise, reclaiming its $3 trillion valuation. The VanEck Semiconductor ETF also rose 1.8%. Cruise lines and crypto stocks saw gains, while non-tech sectors lagged. Treasury yields increased slightly, and commodities mostly declined.

Portfolio Pulse from Piero Cingari

June 25, 2024 | 5:19 pm

Pseudonymous trader Dark Crypto Lord discusses the challenging conditions in the current cryptocurrency market, highlighting the shift from long-term investments to speculative meme coins. He criticizes the tokenomics of new projects and the impact of venture capitalists dumping tokens. The FTX collapse has left a lasting negative impact, and the market now requires significant positive events to restore confidence.

Portfolio Pulse from Khyathi Dalal

June 25, 2024 | 11:18 am

Memecoins such as Dogwifhat, Floki, and Bonk recorded significant gains despite a broader market sell-off. Dogecoin and Shiba Inu also traded positively. The surge in memecoins comes amid panicky market sentiment and defunct cryptocurrency exchange repayment plans.

Portfolio Pulse from Aniket Verma

June 25, 2024 | 4:08 am

The cryptocurrency market experienced a significant downturn due to Mt. Gox's repayment plan, causing Bitcoin to drop below $60,000. Ethereum and Dogecoin also saw declines. The market's fear index indicates potential continued downsides. Meanwhile, NVIDIA's slump impacted the Nasdaq 100.

Portfolio Pulse from Aniket Verma

June 25, 2024 | 1:59 am

Cryptocurrency markets experienced a significant downturn, with Bitcoin falling below $60,000. Ethereum, Dogecoin, and other major cryptocurrencies also saw declines. Despite the drop, some analysts suggest this could be a buying opportunity, citing historical bullish trends in July.

Portfolio Pulse from Khyathi Dalal

June 24, 2024 | 9:49 pm

Dogecoin (DOGE) has fallen 4.15% in the past 24 hours to $0.12, continuing its negative trend with an 8.0% loss over the past week. Trading volume has increased by 19.0% while the circulating supply decreased slightly. DOGE's market cap is currently $17.10 billion, ranking it #10.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 3:03 pm

Crypto analyst Michaël van de Poppe criticizes meme coins but highlights Dogecoin (DOGE), Bitcoin-based DOG (RUNES), and Pepe (PEPE) as having potential for high returns. Despite a current downturn in these coins, he forecasts an altcoin market rebound in the coming weeks.

Portfolio Pulse from Aniket Verma

June 24, 2024 | 5:25 am

Football legend Ronaldinho has expressed bullish sentiments on cryptocurrencies, urging for their mainstream adoption. This follows a trend of celebrities endorsing digital assets, despite concerns about volatility and security.

Portfolio Pulse from Aniket Verma

June 24, 2024 | 3:18 am

Shiba Inu (SHIB) experienced a 3% drop in the last 24 hours, but key technical indicators like RSI and Momentum Indicator suggest a buying opportunity. Increased on-chain activity and a 19% rise in SHIB's burn rate support a bullish outlook.

Portfolio Pulse from Aniket Verma

June 24, 2024 | 2:34 am

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