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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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Shiba Inu (SHIB) experienced a 30,000% increase in its token burn rate, with 3,759,043 SHIB tokens removed from circulation. This follows the announcement of a new privacy-centric system on the Shibarium network. Despite the surge, SHIB's price decreased by 5.58% over the last day but is up 4.06% in the last 24 hours. The total burned SHIB tokens now stand at 410.7 trillion, with around 581.7 trillion SHIB tokens still in circulation.

Portfolio Pulse from Mehab Qureshi

March 01, 2024 | 10:25 am

Major cryptocurrencies showed mixed performance, with Bitcoin and Ethereum pausing after significant gains in February. Bitcoin ETFs, particularly BlackRock's IBIT, saw continued high trading volumes. The Nasdaq Composite and S&P 500 rose, reflecting positive market sentiment. Crypto mining companies experienced declines. Analysts predict potential pullbacks for Bitcoin but remain bullish on Ethereum and altcoins. Technical indicators suggest caution for short-term Bitcoin traders.

Portfolio Pulse from Mehab Qureshi

March 01, 2024 | 3:20 am

A property in Portugal has been listed for sale in Dogecoin (CRYPTO: DOGE), marking a significant move towards integrating digital currency with real estate. This initiative, led by Dogecoin developer Paulo Vidal and facilitated by Remax Portugal, demonstrates the growing acceptance of cryptocurrencies. The transaction process is integrated into Remax's system, allowing payments in Dogecoin without altering the agency's existing infrastructure. This development not only showcases Dogecoin's potential beyond an internet currency but also sets a precedent for cryptocurrency in real estate transactions.

Portfolio Pulse from Murtuza Merchant

March 01, 2024 | 12:45 am

Pseudonymous trader Unipcs, known as 'Bonk guy,' updated his Bonk (CRYPTO: BONK) trade progress, revealing a fluctuation from $16,000 to $12.7 million, then to $3 million, and now $7.4 million. He gained fame for his significant profit from Bonk, a memecoin on the Solana network, which he insists is 'just the beginning.' His story highlights the extreme volatility in the cryptocurrency market, with Bonk being compared to Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).

Portfolio Pulse from Ivan Crnogatić

March 01, 2024 | 12:11 am

Dogecoin (DOGE) has seen a significant increase in bullish sentiment, with open interest reaching $1.08 billion, a 16% surge and the highest since November 2022. Approximately 70% of traders are going long on DOGE, and there has been notable whale activity, including a transfer of 699.99 million DOGE to Binance. Despite the optimism and a 40% weekly gain in price, CryptoQuant warns that DOGE is overbought and may face a trend reversal.

Portfolio Pulse from Khyathi Dalal

February 29, 2024 | 11:01 pm

Bonk (BONK) experienced a 62% daily gain, surpassing Dogecoin (DOGE) and Shiba Inu (SHIB) in performance. This surge is attributed to a token burn and significant whale movements, with a notable whale trader earning $2.9M. Bonk's market cap reached $1.5 billion, overtaking Pepe (PEPE). The token's total burned amount is now 163.8 billion, valued at $1.96 million. Bonk aims to boost liquidity in Solana-based decentralized exchanges and has distributed 50% of its supply to the Solana community.

Portfolio Pulse from Khyathi Dalal

February 29, 2024 | 9:29 pm

Shiba Inu (CRYPTO: SHIB) surged over 15% following the announcement of a new privacy-focused network on the Shibarium blockchain in partnership with Zama. This network utilizes Fully Homomorphic Encryption and is supported by the Shiba Inu ecosystem token TREAT. The Shibarium network aims to offer low-fee financial services and gaming. Significant increases in new accounts and large transactions indicate strong buying activity. Analyst Altcoin Sherpa predicts potential huge runs for both Dogecoin (CRYPTO: DOGE) and Shiba Inu, highlighting their promising charts.

Portfolio Pulse from Khyathi Dalal

February 29, 2024 | 5:54 pm

Floki Inu (FLOKI) developers propose to burn 190 billion tokens, accounting for 2% of its circulating supply, amid a 67.5% weekly rally. The community will vote on this proposal. Web3 investment firm DWF Labs plans to purchase $10 million in FLOKI tokens. A request has been made to list Floki on Binance due to its potential as a top memecoin. Floki Inu, inspired by Elon Musk's pet, is seen as a potential rival to Dogecoin (DOGE) and Shiba Inu (SHIB).

Portfolio Pulse from Khyathi Dalal

February 29, 2024 | 4:00 pm

Bitcoin surpassed the $62,000 mark and Ethereum traded above $3,400 following the release of the US PCE data for January 2024, indicating a rise in core PCE prices. Bonk emerged as the top gainer in the crypto market, which saw an overall 24-hour gain of 3.5%, reaching a global market cap of $2.31 trillion. Pepe was the biggest loser during the same period.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 3:31 pm

Elon Musk reaffirmed his support for Dogecoin (DOGE) in June 2022 amidst a lawsuit accusing him of running a 'Dogecoin Crypto Pyramid Scheme'. Since his endorsement, Dogecoin's value has doubled from $0.060 to $0.12, marking a 100% increase. Dogecoin is now the 10th largest cryptocurrency with a market capitalization of $18.3 billion.

Portfolio Pulse from Mehab Qureshi

February 29, 2024 | 11:47 am

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