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DOGEUSD

Dogecoin / US Dollar

https://dogecoin.com/

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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Bitcoin (BTC) is facing a potential downturn in the coming weeks, as warned by crypto analyst RektCapital, who draws parallels to the 2016 halving price action. The analyst suggests Bitcoin could be in a 'second danger zone' post-halving, with a critical support zone around $60,000. This warning comes amid a broader cryptocurrency market downturn, with Bitcoin, Ethereum (ETH), and Dogecoin (DOGE) all trading in the red.

Portfolio Pulse from Rounak Jain

April 27, 2024 | 8:57 am

Cryptocurrency markets experienced a downturn, with Bitcoin, Ethereum, and Dogecoin trading lower amid global financial concerns and a significant drop in crypto short liquidations. The total cryptocurrency market cap decreased by 1.07%, and exchange net flows for Bitcoin saw a major decline. Crypto veterans shared mixed views on the future movements of Bitcoin and altcoins, highlighting a period of consolidation with potential for altcoin performance improvement.

Portfolio Pulse from Khyathi Dalal

April 26, 2024 | 8:32 pm

Swing trader Picolas Cage criticizes meme coins as harmful to the cryptocurrency ecosystem, labeling them as 'pure ponzi' schemes that exploit less informed investors. He contrasts this with Dogecoin's previous success, which he views differently due to its origins and impact. Cage argues that meme coins create an unfair market dynamic, divert attention from genuine innovation, and pose risks to uninformed investors.

Portfolio Pulse from Khyathi Dalal

April 26, 2024 | 7:28 pm

Pepe (CRYPTO: PEPE) has seen a 42% increase over the week, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) in trading volume, indicating a shift in investor interest towards Pepe. Crypto trader Plazma's switch from WIF to PEPE preceded a 50% increase in Pepe's value, advocating for investment in 'real memes'. Despite Bitcoin's decline, Pepe shows growing independence from Bitcoin's price movements, with predictions of reaching its all-time high. Pepe's trading volume hit $1.2 billion, surpassing DOGE and SHIB, with a notable increase in transactions over $100,000, suggesting rising institutional interest.

Portfolio Pulse from Khyathi Dalal

April 26, 2024 | 3:19 pm

Shiba Inu announced an upgrade for Shibarium set to launch on May 2, aiming to enhance user experience and network capabilities. Dogecoin saw significant whale movements with over 228 million DOGE moved to Coinbase, hinting at potential developments. Institutional adoption of meme coins like Shiba Inu is growing, with Symbolic Capital Partners including SHIB in their portfolio. Analysts remain optimistic about DOGE and SHIB's future prospects despite their mixed monthly performance.

Portfolio Pulse from Khyathi Dalal

April 26, 2024 | 1:48 pm

Cryptocurrency influencer Crash predicts meme coins BRETT, BOBO, PEPE, and REDO to outperform in the current cycle, emulating the success of DOGE, SHIB, and FLOKI. Notable traders highlight the importance of altcoin selection, with Bitcoin recognized as a safe asset. The potential for meme coins to make significant gains during bull runs is emphasized, with specific coins like WIF and MYRO also mentioned as likely to explode in value.

Portfolio Pulse from Khyathi Dalal

April 26, 2024 | 10:16 am

Pseudonymous crypto influencer 'Reflection' shared techniques for identifying low-cap altcoins poised for significant growth, emphasizing market cycles, investor emotions, and the 'I'm done' pattern. He advises buying during low enthusiasm phases and focusing on coins with strong fundamentals and potential for price surges. Reflection's insights highlight opportunities in the crypto market's inefficiencies, particularly in altcoins like Dogecoin, Shiba Inu, and Dogwifhat, which meet his criteria for potential growth.

Portfolio Pulse from Khyathi Dalal

April 25, 2024 | 6:51 pm

The Shiba Inu (SHIB) token burn rate has dropped by 39.90% over the past week, coinciding with a 15% increase in SHIB's price. A significant transaction saw a whale acquiring 237 billion SHIB tokens, indicating strong market confidence. Despite a recent 7.90% price decline, SHIB has surged 148% year-to-date. Dogecoin (DOGE) and Bitcoin (BTC) also experienced price movements, with DOGE down 6.66% and BTC slightly down by 0.05% in the last 24 hours.

Portfolio Pulse from Benzinga Neuro

April 25, 2024 | 9:03 am

Pepe (CRYPTO: PEPE) has seen a 50% increase over the past week, with predictions it could surpass Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) in value. Influential trader Murad cites Pepe's vast meme culture as a key factor. Despite a slight dip in the last 24 hours, the coin's significant weekly gain and a notable purchase by a whale suggest bullish sentiment. The upcoming Benzinga event will further discuss meme coins' impact.

Portfolio Pulse from Khyathi Dalal

April 24, 2024 | 6:39 pm

Dogecoin (DOGE) experienced a 3.59% decrease in price over the last 24 hours, now at $0.16, despite a 7.0% increase over the past week. Trading volume fell by 31.0%, and circulating supply decreased by 0.84% to 143.96 billion, with a current market cap of $22.42 billion, ranking it #9.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 3:01 pm

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