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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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'BONK Killer' MILLI, operating on the SEI network, surged over 70% in a single day, outperforming other meme cryptocurrencies like Dogecoin, Shiba Inu, and BONK. MILLI's market cap approached $2.5 million with a trading volume of $522,075. The token's success is attributed to strong community support and a unique brand identity. Meanwhile, Dogecoin and BONK saw declines, while Shiba Inu increased by 6%. The MILLI team also addressed investor concerns, aiming to restore token distribution and liquidity.

Portfolio Pulse from Mehab Qureshi

March 05, 2024 | 5:16 pm

Tesla Inc (NASDAQ:TSLA) owns an estimated 9,720 Bitcoin, valued at $662.1 million based on current prices. The company, which began purchasing Bitcoin in January 2021, has sold a significant portion of its holdings but still retains a substantial amount. Tesla's Bitcoin investment, initially an experiment, could see further sales as Bitcoin hits new all-time highs. Tesla also holds Dogecoin (CRYPTO: DOGE) and previously accepted Bitcoin as payment for vehicles.

Portfolio Pulse from Chris Katje

March 05, 2024 | 4:47 pm

Cryptocurrency analyst Kaleo predicts Dogecoin (DOGE) has significant growth potential, expecting it to reach $0.67. Dogecoin's current trading price is $0.19 with a market cap of $25.9 billion, having doubled in the past week. Interest in Dogecoin has surged, outpacing Shiba Inu (SHIB) in Google Trend searches. Another analyst, Altcoin Sherpa, also sees potential in Dogecoin, suggesting it could yield a 4x return. Dogecoin's futures open interest has hit an all-time high of $1.4 billion.

Portfolio Pulse from Mehab Qureshi

March 05, 2024 | 11:53 am

David Gokhshtein, a well-known crypto enthusiast, predicted a significant rally for Dogecoin (DOGE) and Shiba Inu (SHIB) on Valentine's Day. Since then, DOGE has seen a nearly 109% increase over 30 days, reaching the 20-cent level, while SHIB surged by 351.5% in the same period. This rally has positioned Shiba Inu back into the top 10 most valuable cryptocurrencies, closely following Dogecoin's market cap.

Portfolio Pulse from Benzinga Neuro

March 05, 2024 | 11:36 am

Shiba Inu (CRYPTO: SHIB) experienced a significant surge, with its market cap reaching $26.71 billion, surpassing tech giants like Zoom, Snap, eBay, and MicroStrategy. This rise positions SHIB near Dogecoin (CRYPTO: DOGE) in market cap. The surge is attributed to speculative buying, particularly from Asia, and an increase in retail investors and leveraged buying. SHIB's perpetual futures interest also hit a record high.

Portfolio Pulse from Mehab Qureshi

March 05, 2024 | 11:20 am

Dogecoin (DOGE) has seen a significant surge in Google Trend searches, outperforming Shiba Inu (SHIB), despite SHIB's stronger price performance. DOGE's interest score reached 76 compared to SHIB's 30. This increase in interest comes as DOGE's price jumped over $0.10, now trading at $0.18, with speculation about reaching the $1 milestone. The price rally occurred without recent public support from Elon Musk, known for influencing DOGE's market dynamics. Dogecoin's futures open interest hit an all-time high of $1.4 billion, indicating increased investor optimism.

Portfolio Pulse from Mehab Qureshi

March 05, 2024 | 6:58 am

Dogecoin (DOGE) has seen a resurgence in 2023, with its price increasing in recent weeks. This follows a significant drop in 2022 due to crypto market downturns. The resurgence is partly attributed to Elon Musk's acquisition of Twitter (now X) and speculation about Dogecoin's integration into X's payment systems. Despite uncertainties, a $100 investment in DOGE could potentially yield a 315.6% return if it reaches its all-time highs again.

Portfolio Pulse from Chris Katje

March 05, 2024 | 6:27 am

Shiba Inu (SHIB), labeled as the 'Dogecoin Killer,' has seen a dramatic 90% increase in value within 24 hours, outperforming peers like Dogecoin, Pepe, and BONK, as well as major cryptocurrencies Bitcoin and Ethereum. This surge has pushed SHIB back into the top 10 cryptocurrencies by market cap, reaching $25 billion. Despite the rapid growth, indicators such as the Relative Strength Index (RSI) suggest SHIB is overbought, hinting at a potential upcoming sell-off.

Portfolio Pulse from Mehab Qureshi

March 05, 2024 | 4:28 am

Bitcoin approaches its all-time high, nearing $69K, with Ethereum and Dogecoin also experiencing significant gains. The surge in Bitcoin's market cap to $1.33 trillion is attributed to inflows into spot BTC ETFs, the upcoming halving event, and increased investor interest. The global cryptocurrency market cap now stands at $2.53 trillion. Meanwhile, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average saw declines. Analysts predict Bitcoin could hit $125K by 2025, driven by conservative capital allocations from BlackRock and Fidelity clients.

Portfolio Pulse from Mehab Qureshi

March 05, 2024 | 2:43 am

Shiba Inu's lead developer, Shytoshi Kusama, hints at a decentralized SHIB world, calling for community support. Kusama's comments coincide with SHIB's significant rally, making it the top-performing coin recently. The upcoming launch of Shib Name Service v1.1 is anticipated to further decentralize and enhance SHIB's ecosystem. Ethereum co-founder Vitalik Buterin comments on the underinvestment in crucial crypto technology amid meme coin surges.

Portfolio Pulse from Benzinga Neuro

March 05, 2024 | 1:10 am

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