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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 trading higher, with notable gains in Bitcoin, Ethereum, and Dogecoin. Bitcoin ETFs have seen significant inflows, and analysts predict potential price increases if key support levels hold. BlackRock's Bitcoin ETF has surged 50% since launch, and Coinbase has introduced smart wallets to simplify crypto onboarding.

Portfolio Pulse from Khyathi Dalal

June 05, 2024 | 8:11 pm

Cryptocurrency analyst Zer0 suggests that Dogecoin (DOGE) tends to rally during Bitcoin (BTC) price discovery phases, based on historical data. DOGE is currently down 77% from its May 2021 all-time high. The analysis indicates potential investment strategies for future Bitcoin price discovery phases.

Portfolio Pulse from Khyathi Dalal

June 05, 2024 | 6:34 pm

Crypto analyst Altcoin Sherpa shared investment strategies for different portfolio sizes, recommending Bitcoin and Ethereum for long-term stability. For larger portfolios, he suggests Ethereum and Dogecoin, while smaller portfolios should consider riskier, less mainstream projects.

Portfolio Pulse from Khyathi Dalal

June 05, 2024 | 3:34 pm

Floki (FLOKI) has become the hottest memecoin with a 17% gain in the last 24 hours, surpassing Dogecoin (DOGE) and Shiba Inu (SHIB) in trading volumes. FLOKI's market cap has exceeded $3 billion, and it is now the biggest memecoin on the BNB Chain with over 417,400 holders.

Portfolio Pulse from Aniket Verma

June 05, 2024 | 2:28 am

Leading cryptocurrencies like Bitcoin, Ethereum, and Dogecoin saw a spike as investors anticipated interest rate cuts. Bitcoin topped $70,000, Ethereum consolidated above $3,800, and Dogecoin rose to $0.1618. The rally led to significant liquidations and increased open interest in Bitcoin. Analysts highlighted key resistance levels and potential for further gains.

Portfolio Pulse from Aniket Verma

June 05, 2024 | 1:38 am

Bitcoin surged past $70,000 amid rising institutional capital inflows, with notable increases in large transaction volumes and daily active addresses. Ethereum and Dogecoin also saw gains. Analysts predict further growth for Bitcoin, with some expecting it to reach $100,000 by the end of 2024.

Portfolio Pulse from Khyathi Dalal

June 04, 2024 | 8:10 pm

Pseudonymous trader Crash revealed a million-dollar profit from leveraged trades on cryptocurrencies, including Dogecoin (DOGE), Pepe (PEPE), Big Time (BIGTIME), and Kaspa (KAS), while also reporting a loss on Optimism (OP). He cautioned against leverage trading due to its high risks and potential for significant losses.

Portfolio Pulse from Khyathi Dalal

June 04, 2024 | 6:26 pm

Dogecoin whales have purchased an additional 200 million DOGE since May 30, prompting bullish predictions from traders. Technical indicators suggest a potential breakout, although the price has not yet increased. DOGE is currently trading down 2% at $0.1585.

Portfolio Pulse from Khyathi Dalal

June 04, 2024 | 11:52 am

The launch of a spot Ethereum ETF has analysts divided on its impact on altcoins, meme coins, and Layer-1 blockchains. Established altcoins like Cardano and Polkadot could see price increases, while meme coins like Dogecoin and Shiba Inu might experience short-term spikes. Ethereum's rivalry with Solana continues, with the ETF potentially boosting ETH prices. Layer-1 blockchains like Avalanche and Cardano may benefit from a broader market surge.

Portfolio Pulse from Murtuza Merchant

June 04, 2024 | 10:15 am

Memecoins DOG•GO•TO•THE•MOON and Floki outperformed the broader market, with DOG gaining 24.24% and Floki increasing by 3.90%. DOG's trading volume spiked 127% to $82 million, while Floki's trading volume surged 160% to $834 million. Both coins have shown significant market cap growth and social engagement.

Portfolio Pulse from Aniket Verma

June 04, 2024 | 3:42 am

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