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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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Bitcoin ETFs saw their highest trading volume since their U.S. debut, with significant contributions from VanEck's HODL ETF, WisdomTree Bitcoin Fund (BTCW), and BitWise's fund. Major cryptocurrencies showed mixed performance, with Bitcoin slightly up and Dogecoin down. The stock market experienced a decline, led by a drop in the tech sector. Analysts predict Bitcoin could reach $180,000 by 2025, despite potential short-term corrections.

Portfolio Pulse from Mehab Qureshi

February 21, 2024 | 3:12 am

Dogecoin (DOGE) experienced a 4% increase in value, reaching $0.090, following reports that Ferrari might start accepting DOGE as payment. The social buzz and trading volume for DOGE surged, with Ferrari confirming plans to accept cryptocurrencies in the U.S. and Europe through a partnership with BitPay. The positive trend in DOGE's market activity is supported by data showing a majority of investors in profit and an increase in open interest.

Portfolio Pulse from Mehab Qureshi

February 20, 2024 | 6:06 am

Cryptocurrencies showed mixed trading with strong demand for Bitcoin ETFs, attracting $2.4 billion last week. Bitcoin slightly declined, while Ethereum and Dogecoin saw gains. Analysts predict a significant surge in Bitcoin's value, potentially reaching $600K by 2025, equating to 300 ounces of gold. Ethereum is highlighted for its potential SEC-approved spot ETF, with a 50% chance of approval by May. The global cryptocurrency market cap increased by 0.42%, and futures linked to major US indices showed minor declines.

Portfolio Pulse from Mehab Qureshi

February 20, 2024 | 3:16 am

Dogecoin (DOGE) has seen a 3.11% increase in price over the last 24 hours, reaching $0.09, with an 8% increase over the past week from $0.08. The trading volume for DOGE has risen by 35% in the same period, while its circulating supply decreased by 0.46%, resulting in a current market cap of $12.58 billion, ranking it #11.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 7:00 pm

Bitcoin, Ethereum, and Dogecoin saw gains as the global cryptocurrency market cap rose to $1.96 trillion. Bitcoin is consolidating at $52,000, with expectations of a rise to $54-58K before a correction. Analysts note Bitcoin's dominance and potential corrections, while ETF trading volumes thrive.

Portfolio Pulse from Shivdeep Dhaliwal

February 19, 2024 | 2:43 am

The cryptocurrency market saw significant activity with predictions of Dogecoin's rise, warnings of Bitcoin's fall, Jim Cramer's mixed reactions to Robinhood's Q4, a surge in Shiba Inu whale inflows, and Donald Trump selling Ethereum. Dogecoin is predicted to surpass $0.10, Bitcoin may fall below $10,000, Shiba Inu experienced a 2595% increase in whale inflows, and Trump missed out on $500,000 in potential ETH profits.

Portfolio Pulse from Benzinga Neuro

February 18, 2024 | 10:12 am

Major cryptocurrencies experienced marginal losses late Friday, despite the crypto market cap reaching its highest level since spring 2022. Bitcoin surged 9.4% over the past week, briefly hitting $52,000. Ethereum, Solana, and other altcoins also saw significant movements. Franklin Templeton filed for a spot Ether ETF, joining other applicants. The first half of February saw an average daily trading volume of $1.8 billion for notable ETFs, with Bitcoin ETF assets rapidly increasing. The global cryptocurrency market cap stands at $1.94 trillion, with Bitcoin dominance at 52.42%.

Portfolio Pulse from Khyathi Dalal

February 17, 2024 | 3:22 pm

The article discusses the end of a five-week winning streak for major indexes due to unexpectedly high inflation data, influencing market expectations for Federal Reserve rate cuts. It highlights bullish and bearish perspectives on stocks like Tesla, Nvidia, Disney, and AI-related companies Palo Alto Networks and Arista Networks, as well as a prediction for Dogecoin. Concerns over inflation, market peaks, and corporate governance issues at Disney are also mentioned.

Portfolio Pulse from Michael Cohen

February 17, 2024 | 2:22 pm

Dogecoin (DOGE) has seen a 5% increase over the past week, regaining its position in the crypto top 10 with a market cap of $12.2 billion. Analysts predict a potential breakout above $0.09, aiming for $0.10 by the end of February. Significant transactions and a bullish sentiment in the memecoin sector contribute to the positive outlook. Meanwhile, Dogecoin's visibility is further enhanced by interactions between its founder and notable figures like Stephen King and Elon Musk.

Portfolio Pulse from Khyathi Dalal

February 16, 2024 | 10:25 pm

Bitcoin and Ethereum are consolidating after reaching recent highs, with both showing potential bull flag patterns. Dogecoin trades in an uptrend. Grayscale Bitcoin Trust ETF (GBTC) mirrors these patterns and is expected to surge alongside Bitcoin. Technical analysis suggests a possible 24% rise for Bitcoin and Ethereum if they break from the bull flag pattern. Dogecoin's trend remains intact with potential for further gains.

Portfolio Pulse from Melanie Schaffer

February 16, 2024 | 9:07 pm

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