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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.

The price of Dogecoin (DOGE) is in a downward correction, but has resumed selling pressure. The cryptocurrency is declining to regain the previous low at $0.06. The recent decline is a rejection of the 21-day line SMA.

Dogecoin Is in a Downtrend as It Falls Marginally To $0.06 Low

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 below $20,000 by the end of June?

Do You Believe Bitcoin Is Heading Below $20K, Ethereum Below $1K And Dogecoin Below 5 Cents By The End Of June?

Dogecoin (CRYPTO: DOGE) was trading almost 8% lower on Saturday as the crypto continued to break down bearishly from a symmetrical triangle, which Benzinga pointed out on Wednesday. The move lower was exaggerated, compared to Bitcoin (CRYPTO: BTC), which was sliding about 2% lower but in line with Ethereum (CRYPTO: ETH), which was also falling about 8%.

Dogecoin Breaks Down! Is The Dog Signaling A Bad Omen For Stock Market?

According to the WhaleStats data, a Binance Coin (CRYPTO: BNB) whale bought a large amount of Dogecoin (CRYPTO: DOGE).  A top BNB whale, known as "Scarlet Witch," has bought 400 million Dogecoins, valued at over $31 million.

Here's How Much This Top BNB Whale Just Paid To Buy 400M Dogecoin

Shares of several popular altcoins, including Dogecoin (CRYPTO: DOGE), are trading lower in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH).  Crypto is likely trading lower in tandem with major.

Why Dogecoin Is Diving Today

Terra

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus and other prominent crypto industry watchers were unsurprised at the latest allegations against Terra's (CRYPTO: LUNA) parent Terraform Labs (TFL) and founder Do Kwon. What Happened: On Thursday, Watcher News reported that TFL employees have confirmed to the U.S. Securities and Exchange Commission that $80 million of company funds were sent to “secret wallets” every month before the LUNA and TerraUSD (CRYPTO: UST) collapse.

Dogecoin Creator Reacts To Do Kwon Allegedly Cashing Out $80M Monthly Before LUNA Crash

Bitcoin and Ethereum  traded in the red on Thursday evening, as the global cryptocurrency market cap remained nearly flat at $1.2 trillion at press time.  Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -1.3% -2.2% $29,732.91 Ethereum (CRYPTO: ETH) -1.4% -3.8% $1,761.05 Dogecoin (CRYPTO: DOGE) -0.9% -5.1% $0.08 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Helium (HNT) +9.9% $11.81 Theta Network (THETA) +6.85% $1.40 Tezos (XTZ) +6.15% ​​$2.22 See Also: Best Crypto Debit Cards Why It Matters: Volatility was the order of the day Thursday, with inflation back in the limelight ahead of key consumer price index numbers on Friday.

Bitcoin, Ethereum, Dogecoin Fall: Volatile Market Frays Investor Nerves Ahead Of Inflation Data

Dogecoin (CRYPTO: DOGE) traded 0.2% lower at $0.08 over 24 hours leading up to early Thursday morning. Dogecoin Price Performance Time-frame % Change (+/-) 24-hour -0.2% 24-hour against Bitcoin 0.3% 24-hour against Ethereum -0.2% 7-day -1.4% 30-day -30.7% YTD performance -53.75% See Also: How To Get Free NFTs The DOGE Factors DOGE wasn't one of the most mentioned coins on Twitter at press time, according to Cointrendz.

Dogecoin Daily: Price Lies Flat, 'Awful' Sister Coin Delisting, 'Crypto Elitists' And More

Shiba Inu

A meme posted from Robinhood Markets Inc's (NASDAQ: HOOD) Twitter account on Thursday had the Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) communities deliberating which dog-themed crypto had featured alongside the Robinhood CEO. What Happened: Popular retail brokerage Robinhood Markets Inc (NASDAQ: HOOD) shared a meme featuring CEO Vlad Tenev and a Shiba Inu dog wearing matching green sweaters.

Dogecoin Or Shiba Inu? Robinhood Posts Dog Meme On National Best Friend Day

Major cryptocurrencies reversed their upwards course Wednesday evening as the global cryptocurrency market cap shrank 1.8% to $1.2 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -3.2% 1.5% $30,171.98 Ethereum (CRYPTO: ETH) -1.5% -1.3% $1,790.35 Dogecoin (CRYPTO: DOGE) -1.5% -1.75% $0.08 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Theta Network (THETA) +5.7% $1.31 Helium (HNT) +3.95% $10.69 FTX Token (FTT) +3.4% ​​$28.07 See Also:  Best Crypto Debit Cards Why It Matters: Cryptocurrencies and stocks continue to move in tandem, with Bitcoin and Ethereum price action remaining rangebound.

Bitcoin, Ethereum, Dogecoin Choppy, Rangebound — Crypto Excitement Shifts to Altcoins

Dogecoin (CRYPTO: DOGE) was trading mostly flat on Wednesday after a slightly volatile 24-hour session dropped the crypto about 5% lower at one point on Tuesday. The crypto has been in a long period of consolidation, barely moving for the better part of a month, and could be setting up a symmetrical triangle pattern on the daily chart.

Dogecoin Continues To Play Dead, But Here's How To Find Signs Of Life

In 2021, Dogecoin (CRYPTO: DOGE) firmly established itself as one of the world's most popular cryptocurrencies, thanks in large part to Elon Musk's famous Doge-to-the-moon Twitter Inc (NYSE: TWTR) campaign, which kept millions of investors on the edge of their seats (and their portfolios) for weeks while the coin made huge gains. Though the dust has settled on the Doge hype train, Musk and co-creator Billy Markus often engage each other on Twitter, saying nothing but positive things about the potential utility of the coin and its solidification as a "real" currency.

9 Members Of Dogecoin Foundation: Who They Are, What They Do

Dogecoin (CRYPTO: DOGE) traded 0.75% higher at $0.08 over 24 hours leading up to early Wednesday morning. Dogecoin Price Performance Time-frame % Change (+/-) 24-hour 0.75% 24-hour against Bitcoin -2.2% 24-hour against Ethereum 0.9% 7-day -6.7% 30-day -33.9% YTD performance -53.7% See Also: How To Get Free Crypto The DOGE Factors DOGE was not among the most mentioned coins on Twitter, according to Cointrendz.

Dogecoin Daily: Price Flat In Volatile Markets, How Thing Could Get Ugly And More

Bitcoin and Ethereum traded higher Tuesday evening, even as the global cryptocurrency market cap fell 1% to $1.3 trillion over 24 hours leading up to press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 2.7% -2.3% $31,160.61 Ethereum (CRYPTO: ETH) 3.3% 6.6% $1,818.52 Dogecoin (CRYPTO: DOGE) -2.3% -6.5% $0.08 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Chainlink (LINK) +9.95% $8.71 Arweave (AR) +6.6% $13.88 Decred (DCR) +3.8% ​​$36.27 See Also: How To Get Free NFTs Why It Matters: Price action in the two largest coins remained largely rangebound even as other risk assets like stocks spiked Tuesday brushing off recessionary fears.

Bitcoin, Ethereum Rise, Dogecoin In The Red — Crypto Divergence From Stocks Could 'Get Ugly,' Says Analyst

Dogecoin (CRYPTO: DOGE) traded 5% lower at $0.079 over 24 hours leading up to early Tuesday morning. DOGE declined sharply along with other major coins as the global cryptocurrency market cap dropped 6% to $1.2 trillion at press time.

Dogecoin Crashes Over 5% Amid Crypto Market Rout

Solana

A closely followed crypto strategist is unveiling his top altcoin picks in preparation for a bear market bottom. In a new strategy session, pseudonymous trader DonAlt warns altcoins can still go down between 50% to 70% from current prices. The trader also says he's already eyeing a number of crypto assets for when Bitcoin (BTC) […] The post Solana, Dogecoin and This Type of Crypto Asset Are Top Altcoins To Accumulate in Bear Market Bottom, According to Popular Analyst appeared first on The Daily Hodl.

Solana, Dogecoin and This Type of Crypto Asset Are Top Altcoins To Accumulate in Bear Market Bottom, According to Popular Analyst

A new Dogecoin (CRYPTO: DOGE) update 1.14.6 will reportedly be shipped at the end of the month. What Happened: According to a release plan written by Dogecoin core developer Patrick Lodder, the new release contains several updates including fixes to some existing potential vulnerabilities.

New Dogecoin Update Coming In June

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are all down more than 5% as the global cryptocurrency market cap plunged 5.2% to $1.2 trillion. The apex coin traded 5.2% lower at $29,370.08, ETH fell 6.9% to $1,734.24 and DOGE is down.

Bitcoin, Ethereum, Dogecoin Crash Suddenly — With Sharp Rise In Trading Volume

Bitcoin spiked on Monday evening, printing its first green weekly candle in 10 weeks, as the global cryptocurrency market cap rose 3.3% to $1.3 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 4.9% -1.1% $31,364.54 Ethereum (CRYPTO: ETH) 3% -6.8% $1,858.55 Dogecoin (CRYPTO: DOGE) 1.5% -6.2% $0.08 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price GALA (GALA) +18.3% $0.09 Helium (HNT) +15.8% $10.64 eCash (XEC) +10.8% ​​$0.0000535 See Also:  Best Crypto Debit Cards Why It Matters: Cryptocurrencies traded higher on Monday, with Bitcoin above the $30,000 mark.

Bitcoin Above $30K, Ethereum, Dogecoin See Some Relief — No Pain And All Gain For Crypto From Here?

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?

Will Shiba Inu Or Dogecoin Rise More By The End Of 2022?

Dogecoin (CRYPTO: DOGE) traded 2.8% higher at $0.08 over 24 hours leading up to early Monday morning. DOGE rose alongside other major coins as the cryptocurrency market cap spiked 4.05% to $1.3 trillion at press time.

Dogecoin Shoots Up But Lags Crypto Market Recovery

Bitcoin and Ethereum were trading slightly in the green at press time on Sunday evening as the global cryptocurrency market cap edged 0.2% higher to $1.2 trillion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 0.4% 1.8% $29,934.96 Ethereum (CRYPTO: ETH) 0.3% -0.2% $1,807.24 Dogecoin (CRYPTO: DOGE) -0.8% -1.7% $0.08 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Huobi Token (HT) +5.3% $7.5 Moonbeam (GLMR) +4.7% $1.40 Hadera (HBAR) 3.8% ​​$0.094 See Also: Best USDC Interest Rates Why It Matters: Cryptocurrencies remained under pressure following last week's U.S. data that showed the country added a better-than-expected 390,000 jobs in May, although fears over tighter monetary policy lingered.

Bitcoin, Ethereum Edge Higher, Dogecoin Slips: Why Crypto Is Set For A Summer Of Discontent

Over 46 million Dogecoin (CRYPTO: DOGE) were moved in a single transaction earlier on Sunday.  What Happened: The transaction processed on Sunday moved over 40.6 million DOGE from an unknown address to an unknown wallet for a total transfer value of over $3.3 million as of press time, according to transaction tracking service Clank.

46M DOGE Transferred In One Go As Whales Play With The Market

Jackson Palmer, the co-creator of meme-based cryptocurrency Dogecoin (CRYPTO: DOGE), believes that the crypto industry is “a hammer in search of a nail” and does not provide anything meaningful to society. What Happened: In a recent interview with Australian publication The Age, Palmer described crypto as “a parasitic thing” that has “got its claws in every single scam that is out there.

Dogecoin Co-Founder: Crypto Is 'Parasitic' With Its Claws In Every Scam

Dogecoin (DOGE) is in a downward correction as the altcoin falls below moving averages. In the last five days, the cryptocurrency has traded below the moving averages due to the rejection on May 27 and May 31.

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