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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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Billy Markus, co-founder of Dogecoin, made a controversial statement on X as Dogecoin's price surged 18% overnight. The comment, reflecting on Dogecoin's original intent as a joke, coincided with a broader cryptocurrency market rally, notably Bitcoin's 21.74% increase following excitement over spot Bitcoin ETFs led by BlackRock.

Portfolio Pulse from Bibhu Pattnaik

March 02, 2024 | 9:44 pm

Arthur Hayes, co-founder of BitMex, predicts Dogwifhat (WIF) will reach $2 after a 330% weekly rally, surpassing rivals Dogecoin (DOGE) and Shiba Inu (SHIB) in gains. The Solana-based memecoin's popularity surged following a quiet listing by Robinhood Europe, pushing its market cap over $1 billion. Influencers have further fueled its rise with guerrilla marketing campaigns.

Portfolio Pulse from Ivan Crnogatić

March 02, 2024 | 6:31 pm

Max Schwartzman, CEO of BecauseBitcoin, predicts Pepe (PEPE) to outperform memecoin rivals Dogecoin (DOGE), Shiba Inu (SHIB), Bonk (BONK), and Floki Inu (FLOKI) based on technical analysis. Pepe has seen a 260% weekly gain, surpassing its May 2023 all-time high, and is expected to reach new highs in terms of ETH. The rally's continuation may depend on the broader Bitcoin market movements.

Portfolio Pulse from Ivan Crnogatić

March 02, 2024 | 6:03 pm

Memecoins like Dogecoin, Shiba Inu, and Pepe saw significant gains last week, with the memecoin market cap increasing by 39% to $44 billion. Dogecoin's market cap reached $18 billion, surpassing companies like MicroStrategy and Robinhood. Shiba Inu announced a partnership with Zama for a privacy-focused network and started a petition for an ETF. Floki became the top trending asset on Stocktwits and plans to burn $11 million tokens. Bonk announced token burns and significant whale movements. The rise in memecoin prices is attributed to the Bitcoin rally and the deployment of memecoins on ETH and Solana chains.

Portfolio Pulse from Khyathi Dalal

March 02, 2024 | 4:53 pm

Shiba Inu (SHIB) experienced a 70% surge in value after a transfer of 3 trillion tokens to a wallet named after Robinhood, outperforming Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) in price performance. The transfer, detected by Whale Alert, contributed to SHIB's climb to the 11th position in global market capitalization, with a valuation over $12.8 billion. Notable on-chain activities and purchases by significant entities like MakerDAO's co-founder and an Upbit-named wallet have also fueled SHIB's ascent.

Portfolio Pulse from Bibhu Pattnaik

March 02, 2024 | 2:09 pm

Benzinga's weekly review highlights market movements, with the Nasdaq and S&P 500 seeing gains, while the Dow slightly declined. Bitcoin surpassed $60,000, anticipating the halving event. Bullish views include Ackman's confidence in Alphabet for its AI and advertising, optimistic forecasts for Dogecoin and Shiba Inu, and predictions of Bitcoin reaching $200,000. Bearish perspectives involve Goldman Sachs removing Apple from its Conviction List, criticism of Disney by Gov. DeSantis, and a short report on Carvana questioning its valuation.

Portfolio Pulse from Michael Cohen

March 02, 2024 | 2:02 pm

Analysts predict an 'altcoin season' as meme coins like Dogecoin and Shiba Inu rally, with historical patterns suggesting altcoins may soon outperform Bitcoin. The surge in meme coins, including newer entrants like Pepe, Bonk, and Dogwifhat, is seen as an early sign of this trend. However, the introduction of Bitcoin ETFs adds uncertainty to the timing of the altcoin season. ETH clearing $3,500 is considered a key signal for the season's start.

Portfolio Pulse from Rounak Jain

March 02, 2024 | 6:07 am

Bitcoin, Ethereum, and Dogecoin are consolidating with bullish patterns, indicating a strong bull cycle this year, partly due to SEC's approval of Bitcoin ETFs and anticipation of Ethereum ETFs. The next Bitcoin halving in April is also seen as bullish. Grayscale Bitcoin Trust (GBTC) has risen about 60% this year, showing similar bullish patterns. The consolidation allows for potential significant price rises, with specific resistance and support levels identified for each cryptocurrency.

Portfolio Pulse from Melanie Schaffer

March 01, 2024 | 4:55 pm

Crypto analyst Altcoin Sherpa predicts bullish runs for Dogecoin (DOGE) and Shiba Inu (SHIB) but cautions against expecting past peak growth levels. Both are in accumulation phases, with potential significant runs in 2024-2025. Dogecoin recently rose to $0.113, and Shiba Inu to $0.00001139. The analyst also speculates on Bitcoin's (BTC) potential pullback near its all-time high.

Portfolio Pulse from Mehab Qureshi

March 01, 2024 | 2:57 pm

Bitcoin and Ethereum experienced declines, with Bitcoin falling below $62,000 and Ethereum staying above $3,400. The global crypto market cap dropped to $2.3 trillion, a 1.5% decrease. Axelar was the top gainer, while SATS and Mantle were among the top losers. The article also lists other significant gainers and losers in the cryptocurrency market over the past 24 hours.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 2:37 pm

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