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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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Bitcoin fell below $69,000, causing a downturn in the cryptocurrency market with Ethereum and Dogecoin also experiencing significant drops. This led to over $250 million in liquidations in the cryptocurrency derivatives market. Despite the market's volatility, some analysts, like Bob Loukas, remain cautiously optimistic but acknowledge the potential for further corrections.

Portfolio Pulse from Murtuza Merchant

April 09, 2024 | 6:44 pm

Dogecoin (CRYPTO: DOGE) has seen a decrease of 6.63% in the last 24 hours, bringing its price down to $0.19. Despite this recent drop, Dogecoin has experienced a 2.0% increase over the past week. The trading volume for Dogecoin has decreased by 54.0%, and its circulating supply has slightly decreased by 0.15%, resulting in a current market cap ranking of #9 at $27.12 billion.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 3:01 pm

Crypto trader Jake Gagain predicts Dogecoin (DOGE) will reach a $100 billion market cap, advising holders to retain their investments until the Bitcoin halving. Gagain's optimistic forecast is based on a conversation with an investor who has held $600,000 in DOGE since 2020. The prediction suggests a significant increase in value, potentially turning the investment into over $2 million by 2025. Dogecoin has recently seen a 12% increase, with a notable surge in large transaction volume and daily active addresses.

Portfolio Pulse from Khyathi Dalal

April 09, 2024 | 1:32 pm

The meme coin Dawkoins (DAW), inspired by Richard Dawkins, saw its trading volume double after Dawkins thanked the community for Solana (SOL) donations to his foundation. This surge in volume followed a recent price dip from its all-time high. Crypto analyst Moon predicts a potential 600% surge for DAW if current conditions persist and it breaks out above its current resistance.

Portfolio Pulse from Mehab Qureshi

April 09, 2024 | 7:21 am

Renowned trader 'Bonk Guy' shared his views on Doge Day, focusing on meme coins like Floki and Dogecoin. He highlighted Dogecoin's past performance and anticipates that Floki, despite being his largest meme coin investment, will outperform Dogecoin due to its volatility and smaller market cap. He also mentioned a positive outlook for dogwifhat.

Portfolio Pulse from Ivan Crnogatić

April 08, 2024 | 7:40 pm

Floki (CRYPTO: FLOKI) has seen a 3.4% increase in the past 24 hours, with analysts bullish on its prospects, especially with the upcoming Doge Day on 4/20. A new program by TokenFi allows users to purchase up to four times more tokens, requiring a $1,000 stake in TOKEN for priority access. Floki was also listed on the M2 Exchange, a regulated platform in the U.A.E. Influential figures in the crypto community have highlighted Floki's strong fundamentals and potential for significant gains, comparing it to Dogecoin (CRYPTO: DOGE) as a 'levered DOGE play'.

Portfolio Pulse from Khyathi Dalal

April 08, 2024 | 5:57 pm

Dogecoin (DOGE) has seen a 3.4% increase in the past 24 hours, reaching a two-year high by crossing the $0.20 mark. Renowned traders are optimistic about its future growth, with price targets set at $1 and $4.20. The increase in large transactions and daily active addresses indicates a strong market activity, with 89% of Dogecoin holders currently in profit. The upcoming Benzinga event will further explore the role of meme coins and Bitcoin in the digital asset space.

Portfolio Pulse from Khyathi Dalal

April 08, 2024 | 1:22 pm

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin saw slight gains as the Bitcoin Halving event approaches, expected around April 20. Coinbase suggests the halving could drive prices up, but faces typical weak seasonal trends. The global cryptocurrency market cap increased by 0.75% to $2.50 trillion. Stock futures also rose slightly. Analyst Michael Van de Poppe predicts Bitcoin could reach $300,000 in this cycle if it breaks through current resistance.

Portfolio Pulse from Mehab Qureshi

April 08, 2024 | 4:34 am

Dogecoin (DOGE) is nearing surpassing Ripple (XRP) in market value after a 10% price increase, making it the top performer among the top 20 cryptocurrencies. Despite the bullish trend, on-chain signals for Dogecoin remain mostly negative. Dogecoin's market value needs to rise by 17.14% to overtake XRP. The recent surge in Dogecoin's price and trading volume contrasts with a modest increase for XRP and a broader downturn in the crypto market.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 2:22 am

Dogecoin (DOGE) experienced a significant rally over the weekend, surpassing the $0.20 mark for the first time since April 2, with an 11.37% increase to $0.202750. Crypto analyst Ali Martinez and trader Yomi highlighted DOGE's potential for a new bull market, comparing its current pattern to the 2018-2021 trend. Additionally, the Solana-based meme coin Dogwifhat (WIF) also saw a notable increase, rising 9.52% to $3.6726.

Portfolio Pulse from Shanthi Rexaline

April 07, 2024 | 3:47 pm

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