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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 analyst AwesomeAvani suggests Shiba Inu (CRYPTO: SHIB) needs a cooldown after its recent rally, likening its price activity to a team of sled dogs needing rest. The use of VWAP in analysis indicates a potential temporary ease in SHIB's price movement. Another analyst, Rekt Capital, predicts a possible surge to $0.000066. On-chain data shows a slight dip in SHIB holders but an increase in new accounts, alongside a significant token burn event. SHIB's price is currently down 4.1%.

Portfolio Pulse from Mehab Qureshi

March 07, 2024 | 6:10 am

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced significant gains, attributed to massive inflows into U.S.-listed spot Bitcoin ETFs, particularly the BlackRock iShares Bitcoin ETF (IBIT), which saw a record $788 million in investments. The global cryptocurrency market cap increased by 0.49%. Federal Reserve Chair Jerome Powell hinted at a potential lowering of interest rates, influencing stock market gains. Analysts predict strong future performance for Ethereum and Bitcoin, highlighting the potential for Ethereum's all-time high post-EIP-1559 upgrade and a Spot ETH ETF approval.

Portfolio Pulse from Mehab Qureshi

March 07, 2024 | 2:50 am

The resurgence of memecoins like Shiba Inu, Dogecoin, Dogwifhat, and Bonk is driven by technical developments, increased token burns, and community engagement. Dogecoin is enhancing its blockchain for more use cases, while Shiba Inu's token burn and Shibarium platform boost its utility. Solana-based memecoins, Bonk and Dogwifhat, benefit from investor interest and Solana's support for memecoin culture.

Portfolio Pulse from Murtuza Merchant

March 06, 2024 | 8:00 pm

Bitcoin fell below the key $67,000 level, while Ethereum traded above $3,800. Uniswap was the top gainer, and Shiba Inu the biggest loser in the last 24 hours. The global crypto market cap dropped by 2.7% to $2.47 trillion.

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 2:31 pm

Cryptocurrency analyst Altcoin Sherpa predicts Dogecoin (DOGE) could reach $1, citing Elon Musk's influence and its status as the top meme coin. Despite recent corrections, DOGE's price has surged, with a 128% increase this month and a 97% jump in the past week. Another analyst, Kaleo, also hints at further rises, suggesting a potential move towards $0.67. Dogecoin's futures open interest has hit an all-time high of $1.4 billion.

Portfolio Pulse from Mehab Qureshi

March 06, 2024 | 11:12 am

'Dogecoin Rival' WIF, a Solana-based meme cryptocurrency, surged 34% in a single day, outperforming Dogecoin and Shiba Inu. WIF's market capitalization exceeded $2 billion just three months after its launch, making it a leader in the meme coin category. The surge is attributed to its listing on the Binance trading platform.

Portfolio Pulse from Mehab Qureshi

March 06, 2024 | 10:28 am

Cryptocurrency analysts are optimistic about Shiba Inu (SHIB) reaching new all-time highs, noting its significant rise and potential to outperform Dogecoin (DOGE). SHIB has surged nearly +400% and needs to rally an additional +120% to achieve new highs. Analysts highlight key resistance levels and compare SHIB's market cap growth to established tech firms. Investor Oscar Ramos predicts SHIB could reach $0.0001 in the 2024 bullish cycle.

Portfolio Pulse from Mehab Qureshi

March 06, 2024 | 10:05 am

'Dogecoin Killer' Shiba Inu (SHIB) is nearing its all-time highs, with analysts predicting a potential rally of +120% to reach new peaks. Cryptocurrency analysts highlight SHIB's significant growth, nearly +400% from initial posts, and its comparison to DOGE's performance. Investor Oscar Ramos predicts SHIB could rise to $0.0001, a significant milestone given its current price and historical peak in October 2021.

Portfolio Pulse from Mehab Qureshi

March 06, 2024 | 10:05 am

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced significant declines, with Bitcoin dropping $5,000 after reaching a new all-time high. Over $1.15 billion in crypto was liquidated, affecting 311,448 traders. The market downturn also impacted tech stocks, with the Nasdaq Composite falling 1.65%. Apple's stock declined nearly 3% following a report of decreased iPhone sales in China. Analysts advise calm, noting the market's potential for recovery and cautioning against FOMO.

Portfolio Pulse from Mehab Qureshi

March 06, 2024 | 3:23 am

Floki Inu (CRYPTO: FLOKI) experienced a significant drop of approximately 18.8% to $0.0001163, influenced by a broader cryptocurrency market pullback led by Bitcoin's decline after reaching a new all-time high. The market's sentiment-driven nature and speculative trading behaviors contribute to such cascading effects across altcoins, including Floki Inu, which is related to Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).

Portfolio Pulse from Henry Khederian

March 06, 2024 | 12:32 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.