Streetbeat News

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.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

The MAGA meme coin (CRYPTO: TRUMP) experienced a 20% increase in value, surpassing the growth of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which both rose by 2%. This surge followed former President Trump's softened stance on Bitcoin (CRYPTO: BTC), acknowledging its growing acceptance in commercial transactions. MAGA, launched on August 11, 2023, aims to 'Make Crypto Great Again' without any official ties to Trump.

Portfolio Pulse from Mehab Qureshi

February 23, 2024 | 10:07 am

Major cryptocurrencies surged, pushing the global crypto market cap towards $2 trillion. Bitcoin's correlation with ETF inflows has decreased, according to JPMorgan. BlackRock's IBIT and Fidelity's FBTC dominate ETF inflows. The S&P 500, Nasdaq, and Dow Jones surged, influenced by Nvidia's performance and lower jobless claims. Analysts predict potential corrections for Bitcoin but remain optimistic about its long-term prospects, with predictions of reaching $300k this cycle.

Portfolio Pulse from Mehab Qureshi

February 23, 2024 | 3:30 am

An anonymous trader achieved a 210x return, turning $51 into $10,800 by investing in a memecoin named NVDA AI on the Solana blockchain, shortly after Nvidia reported higher-than-expected earnings. The rapid gain occurred within two hours, amidst speculation that the trader could be the developer. This event highlights the growing trend of AI-related and hype-driven memecoins in the cryptocurrency market.

Portfolio Pulse from Khyathi Dalal

February 22, 2024 | 10:21 pm

A significant transfer of 400 million DOGE, valued at $34.1 million, was reported, sparking speculation of a Dogecoin breakout. This activity coincides with a decrease in miners' sell-off and Dogecoin's inclusion in Coinbase's perpetual futures contracts. Analysts predict a major rally, highlighting Dogecoin's influence on meme coin markets and its milestone of surpassing a million daily transactions.

Portfolio Pulse from Khyathi Dalal

February 22, 2024 | 10:00 pm

'Shiba Inu Killer' WIF has surged over 7,500% in less than three months, with predictions of further explosive growth. Cryptocurrency analyst Bluntz believes WIF will break the $0.50 resistance level, entering 'turbo parabolic' growth and challenging dog-themed coins like Dogecoin and Shiba Inu. WIF's rise signifies a shift in the memecoin sector, attracting new investors and challenging established coins. The total value of memecoins is $22.6 billion, with new entrants like Bonk and Pepe gaining traction.

Portfolio Pulse from Murtuza Merchant

February 22, 2024 | 5:33 pm

Cryptocurrency content creator Jake Gagain predicts Dogecoin (DOGE) will maintain a higher market cap than Shiba Inu (SHIB) in the 2025 bull run, despite Shiba Inu's utility and community support. Gagain highlights Dogecoin's market position, support from Elon Musk, and potential use in peer-to-peer payments on X. Contrarily, a Benzinga poll shows readers more bullish on Shiba Inu. Currently, DOGE and SHIB are trading up by 1% and 0.9% respectively.

Portfolio Pulse from Khyathi Dalal

February 22, 2024 | 4:48 pm

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced declines, with significant liquidations occurring in the past 24 hours. The global cryptocurrency market cap decreased by 2.03%. Meanwhile, the Nasdaq Composite fell, while the Dow Jones and S&P 500 saw slight gains. Federal Reserve minutes indicated no imminent rate cuts. Analysts predict a correction for Bitcoin before a potential rise, noting mixed behavior among crypto whales but a trend of accumulation among the largest holders.

Portfolio Pulse from Mehab Qureshi

February 22, 2024 | 2:52 am

Benzinga's poll reveals GME Coin as the most popular meme coin among its social media followers, with Shiba Inu in second place. The interest in meme coins is rising, influenced by the cryptocurrency market's optimism and events like the approval of Bitcoin ETFs. GME Coin, inspired by GameStop but not affiliated, gained traction due to the 'Dumb Money' Netflix release and its narrative aligning with crypto traders' sentiments. Solana led 2023 returns among major cryptocurrencies, followed by Bitcoin, Ethereum, and Dogecoin.

Portfolio Pulse from Chris Katje

February 21, 2024 | 4:15 pm

Ripple CEO Brad Garlinghouse expressed openness to backing an XRP-focused ETF during a Bloomberg interview. He refrained from commenting on discussions with asset managers like BlackRock, following speculation about BlackRock's interest in an XRP ETF, which was later discredited. Garlinghouse criticized the SEC's approach under Gary Gensler and expressed skepticism about the utility of Dogecoin. XRP's price was reported to be down 3.60% at $0.54.

Portfolio Pulse from Mehab Qureshi

February 21, 2024 | 11:02 am

Dogecoin (DOGE) has experienced a significant increase in transactions, surpassing one million daily transactions since January 30, with a peak of 1.9 million on February 2. This surge in activity, highlighted by IntoTheBlock, is accompanied by an increase in large transactions by Dogecoin whales, with 12.63 billion DOGE ($1.09 billion) exchanged in the past 24 hours. Despite this, DOGE's price has dropped by 3.75% to $0.085.

Portfolio Pulse from Mehab Qureshi

February 21, 2024 | 5:05 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.