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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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Wall Street faced a downturn with the S&P 500 and Nasdaq Composite experiencing significant drops, attributed to inflation fears and monetary policy concerns. Despite this, bullish and bearish perspectives emerged on stocks like Tesla, DraftKings, Broadcom, and Canopy Growth, alongside discussions on Dogecoin's potential. The Federal Reserve's stance on interest rates and geopolitical risks also influenced market sentiment.

Portfolio Pulse from Michael Cohen

April 20, 2024 | 1:42 pm

Cryptocurrency markets experienced a surge, with significant liquidations and exchange inflows ahead of the Bitcoin Halving. Geopolitical tensions following an Israeli military strike on Iran impacted global markets. Bitcoin, Ethereum, and Dogecoin saw price increases, with the global cryptocurrency market cap rising by 4.7%. Analysts predict potential movements for Bitcoin post-halving, highlighting its role as an institutional asset class.

Portfolio Pulse from Khyathi Dalal

April 19, 2024 | 8:35 pm

Ahead of 4/20, a day celebrated in the cryptocurrency community, attention is on Dogecoin (DOGE) and its potential rally. Analyst Inmortal predicts a DOGE rally could also boost Floki Inu (FLOKI), with a specific confirmation level for FLOKI highlighted. Inmortal's analysis, based on bullish divergence and the current price trends, suggests a potential bottom formation for these meme coins and a bullish outlook for Bitcoin and Ethereum as well. The broader sentiment is optimistic, with advice for investors to focus on the long-term potential of the market.

Portfolio Pulse from Murtuza Merchant

April 19, 2024 | 6:03 pm

Dogecoin (DOGE) has rebounded to $0.15 with a 14% increase in daily active addresses, indicating a bullish sentiment among analysts and traders. Crypto analyst Javon Marks predicts a potential 315% increase to $0.6553, while trader Rafaela Rigo sees the price reaching $1 in this cycle.

Portfolio Pulse from Khyathi Dalal

April 19, 2024 | 2:21 pm

The article discusses the evolution of meme coins since the last Bitcoin halving, highlighting the significant growth in market capitalization to $49.3 billion. Dogecoin and Shiba Inu remain the top players, with new entrants like Dogwifhat and Pepe gaining traction. The piece also mentions token burning strategies by Shiba Inu, Floki, and Bonk to reduce supply and potentially increase prices. The meme coin market's profitability and concerns over utility and scams are addressed, with anticipation of a Bitcoin bull run potentially benefiting altcoins.

Portfolio Pulse from Khyathi Dalal

April 18, 2024 | 6:17 pm

Social media influencer Topdoge speculated that Dogecoin (DOGE) could reach a $500B market cap, matching Ethereum's (ETH) previous bull run, potentially elevating DOGE's value to around $4.20.

Portfolio Pulse from Benzinga Neuro

April 18, 2024 | 2:48 am

Dogecoin (CRYPTO: DOGE) has experienced a 3.02% decrease in price over the last 24 hours, marking a continuation of its 22.0% decline over the past week. The current price is $0.15, down from $0.19. This period has also seen a 17.0% decrease in trading volume and a 0.51% reduction in circulating supply, now at 143.88 billion. Dogecoin's market cap ranking is currently #9, valued at $21.66 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 7:00 pm

Meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) experienced a downturn, with DOGE down 2% and SHIB slightly up by 0.2% over the past 24 hours. Despite a rise in Dogecoin's daily active addresses and a high correlation with Bitcoin, which is also down, both coins saw a decrease in large transaction volumes and SHIB's burn rate. However, the long-term outlook remains optimistic with expectations of a peak in the coming months and a notable interest in holding these coins.

Portfolio Pulse from Khyathi Dalal

April 17, 2024 | 6:57 pm

Roger Stone has partnered with MAGA memecoin, aiming to boost its appeal with his political notoriety. The coin, launched in August 2023, seeks to rival Dogecoin and Shiba Inu, with ambitious growth plans for 2024. MAGA Memecoin has also donated nearly $2 million in Ethereum to charitable causes. This partnership highlights the increasing integration of meme coins with political figures and societal frameworks.

Portfolio Pulse from Murtuza Merchant

April 17, 2024 | 5:44 pm

'Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) has seen a significant increase in its token burn rate, with a 25.9% rise in 24 hours and a 269.9% increase over 7 days, as reported by Shibburn. This comes amid a market correction for SHIB, with the price recovering by 4.97% in the past 24 hours despite a nearly 16% fall over the past week. The burn rate's increase, reducing the token supply, could signal a potential turnaround for Shiba Inu's market performance.

Portfolio Pulse from Benzinga Neuro

April 17, 2024 | 3:42 am

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