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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, including Bitcoin, Ethereum, and Dogecoin, are trading lower due to China's stimulus measures being less than expected. Despite this, there are significant developments such as Fidelity's large Bitcoin purchase and legal battles involving Crypto.com. Analysts predict potential upward movement for Bitcoin.

Portfolio Pulse from Khyathi Dalal

October 08, 2024 | 7:32 pm

Dogecoin's price has decreased by 5.32% in the last 24 hours, continuing a weekly decline of 3.0%. Trading volume has dropped by 18.0%, and the circulating supply has slightly decreased. Dogecoin's market cap is ranked #9 at $15.66 billion.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:01 pm

Nate Silver discusses the recent surge in Donald Trump's election odds on Polymarket, attributing it to market sentiment and social media influence, similar to Elon Musk's impact on Dogecoin. Silver notes Republicans project confidence while Democrats project anxiety in the Trump era.

Portfolio Pulse from Khyathi Dalal

October 08, 2024 | 2:54 pm

First Neiro On Ethereum (NEIRO), a dog-themed meme coin, surged 19% despite a 4% decline in its sister coin Dogecoin (DOGE). NEIRO's trading volume increased by 90%, reaching $1.206 billion, and it became the second-most traded meme currency. A whale investor purchased 841 million NEIRO coins, while another entity sold 17.5 million NEIRO at a loss. The coin's rise is attributed to a new cinematic trailer and bullish forecasts.

Portfolio Pulse from Aniket Verma

October 08, 2024 | 4:04 am

Elon Musk discussed his potential role in a new 'Department of Government Efficiency' (DOGE) under a Trump administration, aimed at reducing unnecessary regulations. This concept aligns with Trump's plan to create a government efficiency commission.

Portfolio Pulse from Aniket Verma

October 08, 2024 | 3:30 am

Cryptocurrency markets are stable with Bitcoin holding above $60,000. Traders predict a potential test of $65,000-$66,000 for Bitcoin. Riot Platforms is exploring AI while focusing on Bitcoin mining.

Portfolio Pulse from Khyathi Dalal

October 07, 2024 | 7:44 pm

Crypto analyst Murad Mahmudov predicts a 'meme coin super cycle' that could reshape the cryptocurrency landscape, emphasizing the importance of strong communities in driving token value. He highlights that meme coins are not just a trend but a shift in retail investor engagement.

Portfolio Pulse from Khyathi Dalal

October 07, 2024 | 6:39 pm

Dogecoin (DOGE) is potentially gearing up for a significant rally, according to crypto analysts. A familiar pattern suggests a breakout from a multi-year descending triangle, followed by a surge and retracement. Analysts predict a possible breakout to $0.14, with increased large transaction volumes and active addresses supporting this outlook.

Portfolio Pulse from Khyathi Dalal

October 07, 2024 | 2:43 pm

Bitcoin's price is nearing $64,000, driven by positive U.S. employment data and expectations of a Federal Reserve rate cut. The cryptocurrency's recent gains are supported by reduced holdings on exchanges, though geopolitical tensions pose risks.

Portfolio Pulse from Benzinga Neuro

October 07, 2024 | 9:50 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.