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Dogecoin

The cryptocurrency was inspired by the popular doge meme that featured an image of a Shibu Inu dog. The satirical nature of dogecoin was initially meant to poke fun at Bitcoin but evolved to serve as a peer-to-peer cryptocurrency used for tipping on social media platforms.

Dogecoin was created in 2013 as a joke by software engineers Billy Markus and Jackson Palmer. Palmer tweeted the idea and Markus approached him to partner on making the concept a reality. 

The cryptocurrency was inspired by the popular doge meme that featured an image of a Shibu Inu dog. The satirical nature of dogecoin was initially meant to poke fun at Bitcoin but evolved to serve as a peer-to-peer cryptocurrency used for tipping on social media platforms. 

Dogecoin’s circulating supply currently exceeds 131 billion. The total supply is uncapped, meaning there is no limit to the amount that can be mined. 

In early 2021, Dogecoin won the adoration of influential figures including Tesla CEO Elon Musk, NBA team owner Mark Cuban, and Snoop Dogg. SpaceX completed a space mission funded by Dogecoin, and Cuban said the Dallas Mavericks would accept payment in DOGE.

Bitcoin

Ethereum

Ethereum (CRYPTO: ETH) led cryptocurrency liquidations by a large margin, with $102 million liquidated over the last 24 hours. What Happened: According to data from CoinGlass, ETH saw $59.96 million shorts and $42.47 million longs liquidated over the last day.

Ethereum Sees $102M Liquidations, Bitcoin And Dogecoin Trade Sideways

Dogecoin (DOGE) is in an uptrend as the price breaks above the moving average lines. The uptrend has been staved off as the altcoin finds support above the moving average lines.

Dogecoin Consolidates Above $0.06 as Buyers and Sellers Remain Undecided

Dogecoin was down for a third straight session, despite Elon Musk stating earlier this week that Tesla was still holding the token. Polygon was also down, falling by almost 10% to start the weekend, as cryptocurrencies fell back into the red on Saturday. As of writing, the global crypto market cap is trading 4.81% lower.

Biggest Movers: DOGE Drops Towards $0.05900 Support Level Despite Elon Musk Comments

Binance has stated that proof-of-work (PoW) tokens, including Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC), that have been staked, will not be further lent out. What Happened: Binance recently launched a staking program for proof-of-work tokens Dogecoin and Litecoin.

Binance States It Does Not Lend Or Stake 'Locked' Dogecoin

Dogecoin (DOGE) is rolling out an upgrade offering “important security updates and changes to network efficiency.” Dogecoin developer Patrick Lodder says the upgrade will lower the meme coin's recommended dust limits by around 99%. “This release changes the recommended dust limit for all participants on the Dogecoin network from 1 DOGE to 0.01 DOGE.

Dogecoin Rolls Out Upgrade on Feature Designed To Combat DOGE's ‘Biggest Threat'

Popular retail stock and cryptocurrency brokerage Robinhood Markets Inc (NASDAQ: HOOD) has moved all its Dogecoin (CRYPTO: DOGE) into a single wallet. What Happened: A series of transactions picked up by blockchain wallet tracker Dogecoin Whale Alert found Robinhood has moved all 41 billion DOGE it holds to one address.

Robinhood Moves All 41B Dogecoin Into Single Wallet: What Could It Mean?

Bitcoin, Ethereum and other major coins traded mixed Thursday evening as the global cryptocurrency market rose 1.15% to $1.05 trillion at press time.​​ Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -0.7% 12.7% $23,139.08 Ethereum (CRYPTO: ETH) 3.1% 32.46% $1,575.26 Dogecoin (CRYPTO: DOGE) -0.4% 12.1% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Curve DAO Token (CRV) +21.2% $1.40 Synthetix (SNX) +15% $3.29 Cosmos (ATOM) +14.1% ​​$11.06 See Also: How To Get Free Crypto Why It Matters: The divergence between Bitcoin and Ethereum was in play on Thursday.

Bitcoin, Ethereum Diverge After Tesla Crypto Sale, Dogecoin Slips: Analyst Sees 'Enough Volatility To Make Money'

Dogecoin regressed Wednesday's gains even as the upgrade went live.

Dogecoin's DOGE Sees Volatile Trading After Upgrade

Dogecoin (CRYPTO: DOGE) traded 3.5% lower at $0.07 over 24 hours leading up to early Thursday morning. DOGE fell lower in tandem with other major coins as the global cryptocurrency market cap dropped 3.8% to $1 trillion at press time.

Dogecoin Loses Steam Again Despite Elon Musk's 'Upgrades' Tweet

Tesla Inc (NASDAQ: TSLA) reported its second-quarter earnings after the closing bell on Wednesday, beating analysts' top and bottom line estimates. Here are key figures from the report compared with Wall Street's predictions.

Tesla Hasn't Sold Any Dogecoin, But Elon Musk Says Bitcoin Sale 'Shouldn't Be Taken As A Verdict'

The new Dogecoin (CRYPTO: DOGE) Core1.14.6 update includes security and efficiency upgrades to the underlying blockchain. What Happened: Dogecoin developers released the blockchain update late on Wednesday and urged all network participants to upgrade to the latest version.

New Dogecoin Core Update Goes Live: What You Need To Know

Bitcoin and Ethereum traded flat but Dogecoin spiked as the global cryptocurrency market cap fell 0.9% to $1 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 0.07% 15% $23,314.57 Ethereum (CRYPTO: ETH) -0.12% 37.4% $1,529.80 Dogecoin (CRYPTO: DOGE) 2.6% 13.5% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Lido DAO (LDO) +5.75% $1.59 Monero (XMR) +2.9% $151.44 Dogecoin (DOGE) +2.6% ​​$0.07 See Also: Best Crypto Debit Cards Why It Matters: The two major coins exhibited weakness Wednesday evening along with stocks, which closed higher intraday but lost steam in the after-hours session.

Bitcoin, Ethereum Flat, Dogecoin Among Top Gainers: Why This Analyst Says Tesla's Apex Coin Sale Implies Crypto Bottom Is Close

Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to increasing our bitcoin holdings in the future,” Tesla CEO Elon Musk said, adding: “We have not sold any of our dogecoin.

Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin'

Shiba Inu

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) soared up over 11% and 8%, respectively, on Wednesday before running into groups of sellers that knocked both cryptos down to near flat. Shiba Inu received a boost on a shout out from Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin on Twitter Wednesday morning.

What's Going On With Dogecoin, Shiba Inu After Vitalik Buterin Gives One Crypto A Boost?

Cardano

Dogecoin rose by over 10% in today's session, as the meme coin closed in on its highest point in almost one month. The token was higher for an eighth consecutive session, while cardano was also in the green, rising for a ninth straight day.

Biggest Movers: DOGE, ADA Move to Multi-Week Highs on Wednesday

Dogecoin (CRYPTO: DOGE) traded 7.4% higher at $0.07 in the early hours of Thursday amid heightened interest in meme coin seen on Twitter's social media platform. DOGE rose along with other major coins as the global cryptocurrency market cap increased 4.5% to $1.1 trillion.

DOGE Daily: 'Dogecoin To The Moon' Trends On Twitter As Meme Coin Spikes 7%

The Dogecoin (CRYPTO: DOGE) blockchain's key stakeholders took to Twitter to share their collective disapproval for Binance's locked staking program. What Happened: In a series of tweets on Tuesday, popular Dogecoin account Mishaboar advised users to “stay away” from the crypto exchange's new locked staking program.

Dogecoin Creator, Devs 'Facepalm' At Binance's DOGE Staking Program

Bitcoin and Ethereum traded in opposite directions Tuesday evening as the global cryptocurrency market cap rose 2.2% to $1.1 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 4.6% 21% $23,377.86 Ethereum (CRYPTO: ETH) -1.7% 48.35% $1,541.40 Dogecoin (CRYPTO: DOGE) 2.2% 14.6% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price NEM (XEM) +17% $0.05 Fantom (FTM) +16.7% $0.34 Waves (WAVES) +14.7% ​​$6.21 See Also: How To Get Free NFTs Why It Matters: The apex coin was up 4.6% intraday, while Ethereum declined 1.7% over 24 hours.

Bitcoin, Dogecoin Spike, Ethereum Fizzles Out: FOMO Behind Current Crypto Rally Or Is There More?

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:  Do you think Bitcoin (CRYPTO: BTC) is heading above $30,000 by the end of August?

Do You Believe Bitcoin Is Going Above $30K, Ethereum Above $2K And Dogecoin Above 10 Cents By End Of August?

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) were surging over 6%, 11% and 7% on Monday after breaking up bullishly from inside bar patterns the cryptos had developed on their daily charts. An inside bar pattern indicates a period of consolidation and is usually followed by a continuation move in the direction of the current trend.

What To Watch For On Bitcoin, Ethereum And Dogecoin's Charts As The Cryptos Surge Higher

Dogecoin (CRYPTO: DOGE) traded 1.7% higher at $0.07 over 24 hours leading up to early Monday morning. Dogecoin Price Performance Time-frame % Change (+/-) 24-hour 1.7% 24-hour against Bitcoin -1.6% 24-hour against Ethereum 1.8% 7-day 1.9% 30-day 16.8% YTD performance -61.7% See Also: How To Get Free NFTs The DOGE Factors DOGE was not among the most-mentioned coins on Twitter at press time, according to Cointrendz The 24-hour trading volume for Dogecoin rose 7.2% to $303.06 million, according to CoinMarketCap Coinglass data indicated that $794,410 worth of DOGE were liquidated over 24 hours as the price of the meme coin rose DOGE's relative strength index was at 49.84 at press time, according to TradingView.

Dogecoin In Green As Battered Risk Assets Look To Shrug Off Downward Pressure

The number of daily transactions on the Dogecoin (CRYPTO: DOGE) blockchain surged to a one-year high of 74,986 on Sunday. What Happened: According to blockchain data from BitInfoCharts shared by Dogecoin creator Billy Markus on Twitter, the number of DOGE transactions saw a massive spike on July 17.

Dogecoin (DOGE) Daily Transactions Spike To One-Year High

Bitcoin dropped below the $21,000 mark on Sunday evening as the global cryptocurrency market cap declined 1% to $957.1 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -2% 0.3% $20,867.42 Ethereum (CRYPTO: ETH) -2% 15.4% $1,346.98 Dogecoin (CRYPTO: DOGE) -2.1% -5.7% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Lido DAO (LDO) +14.7% $1.58 Ethereum Classic (ETC) +14.4% $19.69 Theta Fuel (TFUEL) +14.2% ​​$0.06 See Also: How To Get Free NFTs Why It Matters: Cryptocurrencies fell on Sunday evening after exhibiting strength over the weekend, with Bitcoin touching a high of $21,600.64 during the period and Ethereum touching $1,377.94.

Bitcoin, Ethereum, Dogecoin Subdued Ahead Of Fresh Week: Analyst Sees No Sustained Rally Until Fed Delivers More Rate Hikes

This article was originally published May 2021. Jenny Ta, the founder and CEO of CoinLinked.com, shared her thoughts about the future price of Dogecoin (CRYPTO: DOGE) Friday on Benzinga's YouTube show "Power Hour.

Could Dogecoin Reach $1 Trillion Market Cap? Jenny Ta Explains How

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following question to Benzinga visitors: How much Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) do you think Elon Musk owns?

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