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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

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 15 Cents By The End Of August?

The billionaire's posts may have been related to a recent lawsuit that sues him, as well as Tesla and SpaceX, for a whopping $258 billion.

Elon Musk Says He's Still Buying Dogecoin — and Vows to 'Keep Supporting' It

Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn. Elon Musk Reaffirms Commitment to Dogecoin Tesla CEO Elon Musk reaffirmed his support for the meme cryptocurrency […]

Tesla CEO Elon Musk Confirms He'll Keep Buying and Supporting Dogecoin

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?

How Much Bitcoin, Ethereum And Dogecoin Does Elon Musk Own? $1M, $10M Or Is He A Whale?

Dogecoin (DOGE) exchange rate fell further to the low of $0.05 on June 13. Bears broke below the previous low of $0.06 while bulls bought the dips. After the recent drop on June 13, the bulls stopped the further decline. Last week, the altcoin fluctuated between $0.050 and $0.063.

Dogecoin Survives Downtrend above $0.05 as It Resumes Recovery

Even amid a brutal bear market, a Musk support tweet predictably gives the best-known meme coin a brief price surge.

Dogecoin Pumps 8% After Elon Musk Says He's Still Buying

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has again shown his support for Dogecoin (CRYPTO: DOGE). On Sunday, he went on Twitter to endorse Dogecoin, following the meme coin's price plunge in the last few days.

Elon Musk Does It Again! Endorses Dogecoin, Says He'll Keep Buying The Meme Coin

The lawsuit alleges that Musk's consistent messaging that he was a fan of the cryptocurrency led directly to its price spike, and when market conditions changed, investors lost out. The post Musk tweets that he will keep supporting Dogecoin, in spite of lawsuit appeared first on The Block.

Musk tweets that he will keep supporting Dogecoin, in spite of lawsuit

Dogecoin (CRYPTO: DOGE) was plunging 11% lower during Saturday's 24-hour trading session, which Benzinga called out as the most likely scenario on Friday due to a bearish lean on the crypto's inside bar pattern. The Shiba Inu-themed crypto fell below the important psychological support level at 5 cents on Saturday, and future price action could become even more grim.

That's A Bad Dog! Dogecoin Breaks Major Psychological Level, So What's Next

Shares of several popular altcoins, including Dogecoin (CRYPTO: DOGE), are trading lower again Saturday afternoon in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH).  Crypto has traded lower this week in tandem with major U.S. indices, which are also experiencing marked weakness after.

Why Dogecoin Is Getting Hammered Again Today

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 below $10,000 by the end of July?

So Will Bitcoin Fall Below $10K, Ethereum Below $500 And Dogecoin Below 3 Cents By The End Of July?

The original memecoin, Dogecoin (DOGE), is now building a decentralized ecosystem. Dogecoin developers announced the testnet version of the new utility-focused Dogechain offshoot is now open for developers to start building before the mainnet's official launch. “Dogechain is built on Polygon Edge, which lets the project bootstrap a new blockchain network while providing full compatibility […] The post Popular Meme Crypto Asset Dogecoin Launches New Testnet in Push Towards DeFi Adoption appeared first on The Daily Hodl.

Popular Meme Crypto Asset Dogecoin Launches New Testnet in Push Towards DeFi Adoption

In Manhattan yesterday (6/16/22), a class-action lawsuit was filed against Billionaire Elon Musk, by a man named Keith Johnson.  The accusation is that Elon Musk, Tesla, and SpaceX are operating an illegal racketeering enterprise to inflate the price of the cryptocurrency most often referred to as a meme coin.

Elon Musk Is Being Sued Over Alleged Dogecoin Manipulation - A Brief History On The Most Famous Meme Coin

A disgruntled investor is suing Elon Musk and his companies Tesla and SpaceX for a whopping $258 billion, claiming they propped up a “crypto pyramid scheme” with their support for Dogecoin (DOGE). Keith Johnson, the plaintiff, argues that DOGE is “simply a fraud whereby ‘greater fools' are deceived into buying the coin at a higher […] The post Investor Sues Elon Musk, Tesla and SpaceX for $258,000,000,000 Over Alleged ‘Dogecoin Pyramid Scheme' appeared first on The Daily Hodl.

Investor Sues Elon Musk, Tesla and SpaceX for $258,000,000,000 Over Alleged ‘Dogecoin Pyramid Scheme'

Dogecoin (CRYPTO: DOGE) was trading almost 3% higher on Friday in a very tight trading range between $0.054 and $0.058. The crypto has experienced high volatility recently, whipsawing up over 24% on Wednesday only to plunge about 12% on Thursday.

Here's How Dogecoin Is Setting Up For The Next Big Move

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk addressed cryptocurrency scams and payments in his interaction with Twitter Inc (NYSE: TWTR) employees Thursday. What Happened: The entrepreneur said, “There's quite a lot of crypto scams on Twitter.

Elon Musk's Twitter Takeover Could Address Crypto Scams, Usher In Bitcoin, Dogecoin Payments

Dogecoin (CRYPTO: DOGE) traded 4.7% lower at $0.6 over 24 hours leading up to Friday morning. DOGE fell in tandem with other major coins as the global cryptocurrency market cap declined 4.8% to $898 billion.

Dogecoin Daily: Recession Fears Continue To Take Toll, Elon Musk Lawsuit And More

Also today, why Crypto Twitter will be breathing a sigh of relief over Musk's plan to "verify all humans" on the social network.

CoinMarketCap News, June 17: 'Stupid as F***' - DOGE Co-Founder Slams Man Suing Musk for Billions

A new lawsuit alleges Musk contributed to its downfall after calling the altcoin a "hustle" on Saturday Night Live — with this episode airing on the day of the all-time high.

Elon Musk, Tesla and SpaceX Sued for $258 BILLION over 'Dogecoin Pyramid Scheme'

Bitcoin, Ethereum and other major coins traded sharply lower Thursday evening as the global cryptocurrency market cap fell 8.7% to $886.54 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -8.9% -31.1% $20,538.49 Ethereum (CRYPTO: ETH) -12.4% -39% $1,080.24 Dogecoin (CRYPTO: DOGE) -8.9% -28.9% $0.055 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Neutrino USD (USDN) +2.3% $0.97 UNUS SED LEO (LEO) +1.1% $5.03 Pax Gold (PAXG) +0.75% ​​$1,875.13 See Also: How To Get Free Crypto Why It Matters: Fears of an impending recession battered risk assets on Thursday with both cryptocurrencies and stocks diving into the red.

Bitcoin, Ethereum, Dogecoin Tumble: Analysts Search For Crypto Bottom As Recession Fears Grip Markets

Dogecoin (CRYPTO: DOGE), created by Billy Markus and Jackson Palmer, is a cryptocurrency created as a joke, based on the "Doge" meme, humoring the speculative nature of cryptocurrencies. The infamous memecoin later exploded, becoming a top 10 cryptocurrency in early 2021.

What Price Does Dogecoin Need to Reach To Turn A $1,000 Investment Into $50,000?

Dogecoin helped get people through the door, and NFTs can serve a similar aim, said Christine Brown, now COO and co-founder of NFT startup Floor.

Dogecoin Deserves More Credit for Onboarding People to Crypto: Ex-Robinhood COO

Shiba Inu

Shiba Inu (CRYPTO: SHIB) was sliding over Thursday in tandem with Dogecoin (CRYPTO: DOGE) and Bitcoin (CRYPTO: BTC). A number of cryptocurrencies, including Dogecoin and Bitcoin, have settled into bear flag patterns on their daily charts and Shiba Inu is no exception.

Shiba Inu Follows Dogecoin, Bitcoin Into This Pattern: What To Watch

Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.

Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme

The complainant alleges Musk's tweets and public messaging drove a significant price spike in DOGE and encouraged people to invest. The post Tesla CEO Elon Musk accused of dogecoin Ponzi scheme in new class action lawsuit appeared first on The Block.

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