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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.

Dogecoin (DOGE) is in a downward correction as it trades just above the $0.060 support level. Over the past five days, the DOGE price has fluctuated between $0.061 and $0.064 price levels.

Dogecoin Consolidates Above $0.06 as Buyers and Sellers Show Indifference

Dogecoin (CRYPTO: DOGE) was trading flat on Friday after three bullish 24-hour trading sessions saw the crypto bounce 12% higher off a low of $0.0574 to reach a high of $0.064. Despite the rebound, Dogecoin is trading in what may be confirmed as a downtrend over the coming days: on July 11, the crypto fell below the $0.062 mark, which negated its uptrend.

A Look At The Dogecoin Chart As The Good Boi Heads Into The Weekend

Bitcoin

Ethereum

Major coins, including Bitcoin, traded in the green at press time on Thursday, as the global cryptocurrency market cap rose 2.8% to $925.2 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 1.9% -4.95% $20,569.48 Ethereum (CRYPTO: ETH) 7.2% -3.8% $1,191.81 Dogecoin (CRYPTO: DOGE) 0.7% -11.6% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price CEEK VR (CEEK) +16.7% $0.38 Aave (AAVE) +15.1% $91.43 Uniswap (UNI) +14.58% ​​$7 See Also: How To Get Free Crypto Why It Matters: Risk assets, including cryptocurrencies were buoyant on Thursday evening as expectations for a 100 basis point interest rate hike tapered down.

Bitcoin, Ethereum, Dogecoin Unfazed By Upcoming Rate Hike: Why This Analyst Is Waiting For A 'Big Short Squeeze'

Bitcoin and other major cryptocurrencies rose Wednesday, brushing off hotter than expected inflation, as the global cryptocurrency market cap rose 4.6% to $902.7 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 5% -1.1% $20,276.06 Ethereum (CRYPTO: ETH) 7.2% -5.9% $1,114.21 Dogecoin (CRYPTO: DOGE) 3.8% -9.5% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Lido DAO (LDO) +46.6% $0.9 Convex Finance (CVX) +19.7% $6.2 Curve DAO Token (CRV) +18.3% ​​$1.05 See Also: Best Crypto Debit Cards Why It Matters: Inflation in the United States rose more than anticipated in June, according to data released on Wednesday.

Bitcoin, Ethereum, Dogecoin Surge Despite Red Hot Inflation: Is Apex Crypto Showing Signs Of Stabilizing?

Shiba Inu

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 over 1,000 Benzinga visitors on cryptocurrency investing: By the end of the year, will Shiba Inu (CRYPTO: SHIB) or Dogecoin (CRYPTO: DOGE) grow more?

So Will Shiba Inu (SHIB) Or Dogecoin Rise More By 2023? 6 In 10 Say.

Dogecoin (CRYPTO: DOGE) traded 2.05% lower at $0.06 over 24 hours leading up to the early hours of Wednesday. DOGE fell in tandem with other major coins as the global cryptocurrency market cap declined 1.5% to $873.1 billion at press time.

Dogecoin (DOGE) Drops As Nervousness Persists

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus said he would rather see NFTs embrace being “useless” collectibles than try to become “useful investment opportunities.” What Happened: In a series of tweets on Tuesday, Markus said he doesn't believe that NFTs are useful investment opportunities.

Why Dogecoin Creator Thinks NFTs Need To Embrace Being Useless

As investors await inflation data, Bitcoin and other major coins continue to tread red waters. The global cryptocurrency market cap declined 2.85% to $864.3 billion on Tuesday.

Bitcoin, Ethereum, Dogecoin Continue To Bleed: Analyst Points To Key Level To Watch For 'Oversold' Apex Coin

Dogecoin (CRYPTO: DOGE) traded 4.5% lower at $0.06 over 24 hours leading up to early Tuesday morning. DOGE fell with other major coins as the global cryptocurrency market cap declined 2.5% to $887.9 billion at press time.

Dogecoin Drops Lower As Investors Brace For Macro Headwinds Again

Timothy Stebbing, director at the Dogecoin (CRYPTO: DOGE) Foundation, has been educating “non-technical” people on how to sell things with DOGE. What Happened: In a series of  tweets, Stebbing explained how he had helped a barista and a local artist accept payments in the meme-based cryptocurrency You may have seen my tweet last week, met a local artist at the coffee shop who was putting up this original to sell and I half joking said 'sell it exclusively in Dogecoin' and he said 'why not'  Caught up with him today to help create a wallet as he's non.

Dogecoin Foundation Director Explains Ease Of Selling 'Real Things' With DOGE

Bitcoin traded below a key psychological level on Monday evening, while other major coins also slid, as the global cryptocurrency market declined 4.05% to $888.7 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -3.9% -1.3% $19,981.91 Ethereum (CRYPTO: ETH) -6% -4.8% $1,097.13 Dogecoin (CRYPTO: DOGE) -7.7% -11.2% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Arweave (AR) +3.9% $12.02 Loopring (LRC) +1.35% $0.11 Dai (DAI) +0% ​​$1 See Also: How To Get Free NFTs Why It Matters: Bitcoin traded below the $20,000 mark, while Ethereum was close to slipping below $1,000 at press time as sentiment around risk assets deteriorated yet once again.

Bitcoin, Ethereum, Dogecoin Plunge As Diamond Hands Feel The Pain: How Much Longer Will Crypto Slide Last?

Dogecoin (CRYPTO: DOGE) was heading toward another 5% decline on Monday after closing Sunday's 24-hour trading session down 3.1%. The crypto may be suffering a delayed reaction to news Tesla, Inc (NASDAQ: TSLA) CEO and Dogecoin bull Elon Musk reneged on his deal to purchase Twitter, Inc (NYSE: TWTR) for $44 billion.

Will Elon Musk Reneging On Twitter Deal Kick Dogecoin To The Curb? A Look At The Crypto's Chart

Bitcoin and Ethereum, the two largest coins by market capitalization, traded in the red on Sunday evening as the global cryptocurrency market cap declined 3.1% to $927.2 billion at press time.  Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -3.6% 7.9% $20,803.80 Ethereum (CRYPTO: ETH) -4.04% 8.8% $1,166.98 Dogecoin (CRYPTO: DOGE) -3.3% -1.9% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price TerraClassicUSD (USTC) +5.95% $0.05 Chiliz (CHZ) +3.6% $0.11 IOTA (MIOTA) +2.4% ​​$0.30 See Also: How To Get Free Crypto Why It Matters: Major coins reversed the upward momentum on Sunday ahead of the fresh trading week.

Bitcoin, Ethereum, Dogecoin Go Red Again: What To Watch For In Challenging Week Ahead

The price of Dogecoin (DOGE) is in a downward correction, but is contained between moving average lines.

Dogecoin Is in a Deadlock as It Struggles Below $0.078 High

Dogecoin (CRYPTO: DOGE) traded 3.2% higher at $0.07 over 24 hours leading up to early Friday. The meme coin rose in tandem with other major coins as the global cryptocurrency market cap rose 5.3% to $964.1 billion.

Why Is Dogecoin On The Rise Today?

Bitcoin and other major coins saw a spike in prices Thursday evening as the global cryptocurrency market cap increased 3.7% to $958.2 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 5.3% 9.3% $21,592.42 Ethereum (CRYPTO: ETH) 4.3% 16.6% $1,233.84 Dogecoin (CRYPTO: DOGE) 2.8% 6.65% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price IoTeX (IOTX) +13% $0.03 Aave (AAVE) +12.75% $71.1 Storj (STORJ) +11.5% ​​$0.80 See Also: How To Get Free NFTs Why It Matters: Cryptocurrencies were buoyant at press time, as other risk assets like U.S. stocks closed in the green.

Bitcoin, Ethereum, Dogecoin Spike: Analyst Sees Apex Crypto Hitting $28K-$30K In 'Few Days' If This Happens

Dogecoin (CRYPTO: DOGE) traded 2.7% higher at $0.07 over 24 hours in the early hours of Thursday. The meme coin was higher along with other major coins even as the global cryptocurrency market cap fell 4.3% to $865.7 billion at press time.

Dogecoin Green Despite Fed Headwinds: Why Voyager's Bankruptcy Is A Message For Shibes

Bitcoin, Ethereum and other major coins rose Wednesday night, as the global cryptocurrency market cap increased 2% to $923.5 billion at press time. ​ Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 1.7% 2.2% $20,547.52 Ethereum (CRYPTO: ETH) 4.5% 7.9% $1,186.65 Dogecoin (CRYPTO: DOGE) 1.7% -1.3% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Storj (STORJ) +11.95% $0.72 THORChain (RUNE) +9.3% $2.30 The Sandbox (SAND) +6.9% ​​$1.26 See Also: Best USDC Interest Rates Why It Matters: The apex cryptocurrency showed signs of consolidation around the $21,000 mark on a day when the U.S. Federal Reserve released its June policy meeting minutes laced with a hawkish tone.

Bitcoin, Ethereum, Dogecoin Shrug Off Hawkish Fed, Voyager Crisis: Analysts Pencil Apex Coin's Next Breakout Range

Elon Musk's Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accepts the meme crypto for some merchandise and Spacex will soon follow suit.

Elon Musk's Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop

Musk responded to reports of the announcement by saying he's “supporting Doge wherever possible.”

Elon Musk's Boring Company Will Accept Dogecoin for Las Vegas Loop

The world's richest person has often been a vocal supporter of meme cryptocurrency Dogecoin (CRYPTO: DOGE). Posts on Twitter Inc (NYSE: TWTR) by Tesla Inc (NASDAQ: TSLA) CEO Elon Musk have shown his support.

Tesla Won't Let You Buy A Car With Dogecoin, But This Other Elon Musk-Owned Company Will Accept The Meme Crypto For Rides

Loop consists of passengers traveling in Tesla vehicles that are driven by humans at about 35 mph, a significantly scaled-down version of founder Elon Musk's original vision of high-occupancy vehicles moving at 150 mph. The Boring Company has described automating the driving and traveling at higher speeds in the future.

Elon Musk's Boring Company will let you pay for a ride with Dogecoin

Dogecoin (CRYPTO: DOGE) traded 2.4% lower at $0.07 over 24 hours leading up to early Wednesday. The meme coin fell along with other major coins as the global cryptocurrency market cap declined 1.5% to $903.6 billion.

Dogecoin Drops As Cryptocurrency Market Battles Dollar Rise

Bitcoin and Ethereum were under pressure on Tuesday evening as the global cryptocurrency market cap fell 1% to $904.9 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -0.6% -0.8% $20,135.59 Ethereum (CRYPTO: ETH) -1.8% -1.35% $1,131 Dogecoin (CRYPTO: DOGE) -3.6% 0.8% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Convex Finance (CVX) +23.5% $5.86 Curve DAO Token (CRV) +10.3% $0.96 Basic Attention Token (BAT) +6.3% ​​$0.44 See Also: How To Get Free Crypto Why It Matters: Cryptocurrencies continue to maintain their inverse relationship with the greenback.

Bitcoin, Ethereum, Dogecoin Fall: Will Strong Dollar Pin Down Crypto For A Year Or 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 July?

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