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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 following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Dogecoin logo appears on US government website, Osprey and Rex file for crypto ETFs including TRUMP and more

Dogecoin's (CRYPTO: DOGE) recent surge in whale activity, coupled with the filing of a DOGE Exchange-Traded Fund (ETF), has bolstered market sentiment, sending its odds on prediction markets higher. What Happened: Kalshi betting markets have adjusted their odds, with the likelihood of DOGE hitting $1 before September 2025 climbing 7 points to 33%.

Dogecoin To A Dollar? ETF Filing Just Increased The Chance By 7 Percentage Points, Kalshi Traders Speculate

Bonk

Just a day after Donald Trump's inauguration, two firms have filed proposals for a wide range of new crypto-based investment products, including some unexpected entries: exchange-traded funds, or ETFs, based on meme coins. Why It Matters: The firms, REXShares and Osprey, have jointly submitted filings with the SEC for a whole suite of crypto ETFs, going far beyond the traditional Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) options.

Meme Coin Supercycle? Dogecoin, Trump, Bonk Futures ETF Applications Filed

Bitcoin

Just a day after Gary Gensler's formal exit from the SEC, a slew of meme coin ETFs have been filed.

REX Submits Trump, BONK, Dogecoin and Bitcoin Crypto ETF Filings to SEC

A Department of Government Efficiency website has appeared, prominently featuring the Dogecoin logo—causing the token to spike.

Dogecoin Logo Appears on Elon Musk-led Department of Government Efficiency Website

While President Donald Trump ‘s inauguration on Monday introduced a new Department of Government Efficiency, the anticipated boost to Dogecoin (CRYPTO: DOGE) and related parody tokens failed to fully materialize. This unexpected reaction suggests the complex relationship between meme coins and real-world political events, suggesting the market isn't always predictable even when seemingly direct connections exist.

Dogecoin Up 2% After Logo Appears On DOGE Department Site

Vivek Ramaswamy announced on Jan. 20 that he will step down from his role as co-leader of the Department of Government Efficiency (DOGE), where he worked alongside Elon Musk.

Ramaswamy Leaves DOGE, Setting Sights on Ohio Governor Race With Musk Remaining in Charge

The official Department of Government Efficiency website now sports a dogecoin token logo.

U.S. DOGE Sports Dogecoin Logo After Announcement at Trump Inauguration

Dogecoin enthusiast Elon Musk is now reportedly in sole charge of the government streamlining and cost saving unit.

Dogecoin logo appears on new Department of Government Efficiency website

Ramaswamy's exit puts Musk's leadership under scrutiny as DOGE's directives may shape Congress and Trump's executive orders.

Musk Takes Over as Sole Leader of DOGE as Ramaswamy Exits for Ohio Governor Bid

The Department of Government Efficiency, or DOGE, has been targeted over rules on hiring, disclosures, and more as Trump takes office.

Elon Musk's DOGE Sued After Trump's Inauguration—Here's Why

Solana

Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.

Dogecoin Down 15% Since Trump's Solana Coin Dropped as Meme Momentum Shifts

Ethereum

Looking for the next big cryptocurrencies? Discover the top contenders for 2025.

Top Cryptocurrencies To Watch In 2025

Online trading platform Robinhood reportedly transferred a whopping 131 million Dogecoin (CRYPTO: DOGE) within the span of an hour, sparking intrigue and speculation among crypto enthusiasts. What Happened: According to data, this massive amount of DOGE was moved in two significant transactions.

Robinhood Moves 131 Million DOGE In An Hour: What's Happening?

The cryptocurrency market saw a notable surge on Saturday. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) all experienced a rise in value, as traders anticipate a potential ‘Trump bump' with the upcoming second Donald Trump presidency.

Bitcoin, Ethereum and Dogecoin Spike on Optimism Over New Trump Presidency

Shiba Inu

The cryptocurrency sector is optimistic of what is to come with Donald Trump serving as the next president. Optimism comes as many cryptocurrencies have hit all-time highs since Trump won the 2024 presidential election.

EXCLUSIVE: Will Bitcoin, Dogecoin, Shiba Inu Or XRP Gain More On Trump's Inauguration Day? 41% Pick This Crypto

With the TRUMP token flying high and boosting Solana in the process, Dogecoin and other top meme coins are losing steam Saturday.

Dogecoin Dips as Official Trump Meme Coin Steals the Spotlight—And Solana Spikes

Cardano

A widely followed analyst and trader is leaning bullish on a top-30 altcoin by market cap while outlining the path forward for three other crypto assets.

Trader Says One Large-Cap Altcoin To Skyrocket by at Least 116%, Updates Outlook XRP, Cardano and Dogecoin

Cryptocurrency markets are surging on the last trading day before the presidential inauguration.

Bitcoin, Ethereum, Dogecoin Chasing New Highs But XRP Dwindling: 'Weekend Probably Gives Alts Breathing Room,' Trader Says

Crypto hedge fund Wintermute predicts a potential Dogecoin (CRYPTO: DOGE) ETF launch in 2025 alongside other potentially revolutionary developments like the establishment of a strategic Bitcoin reserve in the United States. This forecast is part of a broader analysis that forecasts a series of pivotal changes in the digital asset market in 2025, including maturation of the options market and increased institutional participation.

2025 To See Dogecoin ETF, Strategic Bitcoin Reserve, 'MicroStrategy Of Ethereum,' Predicts Crypto Hedge Fund

Dogecoin is soaring again—and traders are betting big on the future price of the coin ahead of President-elect Donald Trump's inauguration.

Dogecoin Pumps 27% as DOGE Open Interest Tops Record $5.5 Billion

Dogecoin's (CRYPTO: DOGE) market valuation has soared to $61.4 billion as the “king of memes” spiked 10% overnight. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.415 $61.4 billion +10.4% +23.7% Shiba Inu (CRYPTO: SHIB) $0.00002438 $14.4 billion +10.3% +12.6% Pepe (CRYPTO: PEPE) $0.00001999 $8.4 billion +8.3% +12.7% Trader Notes: Prominent technical analyst Kevin has identified the $0.4155 level (0.786 Fibonacci) as the key target following Dogecoin's breakout.

Dogecoin Rallies 10% To 41 Cents: How High Can DOGE Go?

The latest price analysis by Coinidol.com report, the price of Dogecoin (DOGE) is rising as it breaks above the 21-day SMA for the second time.

DOGE Continues Its Range Below The $0.42 Barrier

No asset manager has yet filed for a spot Dogecoin ETF in the U.S but that hasn't stopped some from speculating its imminent debut.

Dogecoin ETF in 2025 a Possibility as TradFi Warms to Meme Coins: Wintermute

Dogecoin's (CRYPTO: DOGE) is up 5% on Thursday and 21% over the past seven days as increased market enthusiasm has analysts speculating about whether the “king of memes” can kickstart another rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3891 $57.3 billion +5.3% +21.4% Shiba Inu (CRYPTO: SHIB) $0.00002241 $13.2 billion +2.2% +5.2% Pepe (CRYPTO: PEPE) $0.00001845 $7.7 billion +1.9% +6.9% Trader Notes: Crypto chart analyst Ali Martinez on X drew parallels between Dogecoin's current price action and its last bull cycle.

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