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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 (CRYPTO: DOGE) reported a 6% surge over the past week, prompting one analyst to hint at expected DOGE payments on X, while another suggests shorting the meme coin. What Happened: Self-proclaimed king of memes and protector of Dogecoin, Sir Doge of the Coin, tweeted a short video featuring an animation of Elon Musk, X, and Dogecoin.

Dogecoin And Elon Musk In One Animation But This Trader Suggests To Short DOGE At $0.18 To $0.20

Pepe

Shiba Inu

Pseudonymous cryptocurrency trader Vapor highlighted the growing prominence of meme coins in the digital asset space, asserting that they have become a force that cannot be ignored. What Happened: Vapor took to X (formerly Twitter) to point out several advantages of meme coins over other popular crypto investment options.

Trader Predicts 'At Least 3 Meme Coins Above $100B Market Cap': Here's Which Coins Benzinga Followers Liked The Most

Bitcoin

Popular pseudonymous Bitcoin newsletter writer The Bitcoin Therapist shared how a “complete stroke of luck” catapulted him into the world of cryptocurrencies. What Happened: The Therapist took to X (formerly Twitter) to tell his story, saying that he came across Bitcoin (CRYPTO: BTC) when he commenced his journey around 3.5 years ago through a Reddit forum.

Bitcoin Maxi Shares How A 40X Dogecoin Investment And A 'Complete Stroke Of Luck' Got Him Into Crypto

A closely followed crypto trader believes that Dogecoin (DOGE) could be gearing up for a massive rally to the tune of over 530%. Analyst Ali Martinez tells his 59,800 followers on the social media platform X that Dogecoin has remained faithful to a pattern seen during the 2017 and 2021 bull cycles.

Analyst Says Dogecoin and Two Altcoins Flying Under the Radar Flashing Bullish Signal – Here's His Outlook

Prominent crypto founder MaxBecauseBTC predicts a bullish future for Dogecoin (CRYPTO: DOGE), which could potentially propel other altcoins higher, despite the meme coin's current struggle to maintain its uptrend. What Happened: In a recent tweet, MaxBecauseBTC shared an observation about the relationship between the Others/BTC pair and Dogecoin, explaining that when the top chart rises, altcoins are outperforming Bitcoin, and vice versa.

Dogecoin Up 5% Since DOGE Day, 'Big Things' Coming For The 'King Meme Coin,' Founder Predicts

Bonk

In the past 24 hours, the meme coin crypto economy has risen by 9.6% against the U.S. dollar. The Solana-based meme token BONK emerged as the day's top performer, climbing 41.8%, while FLOKI saw an 18.7% increase.

Meme Coins Outperform Broader Crypto Market With Notable Gains

The Doge community around the world celebrate April 20 as Doge Day, which coincides with “Weed Day.” What Happened: Doge Day is an informal event celebrated annually by Dogecoin (CRYPTO: DOGE) fans.

Doge Day Has An Elon Musk Connection, Meme Coin Rebounds After The Bitcoin Halving 'Sell-The-News' Drop

Ethereum

Cryptocurrency markets surged on Friday, with a 47.5% spike in total crypto liquidations reaching $258.7 million and a more than double increase in total exchange inflows, as investors eagerly await the Bitcoin Halving set to occur in a few hours. What Happened: Geopolitical tensions continue to weigh on global markets, including stocks and crypto, following Israel's military strike on Iran in the early hours of Friday.

Bitcoin, Ethereum, Dogecoin Pick Up Steam: The Pre-Halving Week In Retrospect

Dogecoin (CRYPTO: DOGE) is bouncing back from its price slump, prompting analysts and traders to voice bullish predictions. What Happened: Crypto analyst Javon Marks is optimistic about Dogecoin's prospects.

Dogecoin Rebounds To $0.15, Daily Active Addresses Spike 14%

With the Bitcoin halving around the corner, Benzinga takes a look at how the meme coin landscape has changed since the last halving. What Happened: According to CoinGecko data, the market capitalization of meme coins stands around $49.3 billion.

Dogecoin, Shiba Inu And Who Else? How Meme Coins Have Evolved Since The Last Bitcoin Halving

Markets are notable for their lack of predictability. It is nearly impossible to time the top and bottom of different trends, and it is difficult to simply pull a profit.

10-Year-Old Dogecoin Wallet Sold 5 Million DOGE, Missed Out On Millions In Profit

Social media personality Topdoge recently speculated on the potential for Dogecoin (CRYPTO: DOGE) to reach a $500B market cap, reminiscent of Ethereum's (CRYPTO: ETH) previous bull run.

Dogecoin Could Make Elon Musk's 'Fate Loves Irony' Comment Come True If It Flips Ethereum's Market Cap At Last Bull Run, Says This Crypto Influencer

Meme coins are down 3% on the day, with the majority of the top 10 meme coins trading in the red. What Happened: While Dogecoin (CRYPTO: DOGE) is trading 2% down in the past 24 hours, Shiba Inu (CRYPTO: SHIB) is up 0.2%.

Why Are Dogecoin And Shiba Inu Silent Today?

The price of Dogecoin (DOGE) has fallen below the moving average lines but remains above the current support level of $0.12.

DOGE Price Decline Ends and remains above $0.12

A Monday Elon Musk tweet about Dogecoin (CRYPTO: DOGE) failed to generate any significant traction this time around, prompting the crypto community to signal cautionary moves in the meme coin. What Happened: The “Dogefather” took to his X account to tease a shoutout to the meme coin but failed to stage a price rally in turbulent market conditions.

Elon Musk Teases Dogecoin Tweet But DOGE Fails To Rally From 20% Weekly Correction

Crypto and macro researcher TradeTheFlow presented a compelling thesis on the rise of meme coins in the current crypto cycle. What Happened: In an April 12 X (formerly Twitter) thread, Flow argues that meme coins are not just a passing trend but a reflection of a broader societal shift towards financial nihilism and high-risk, high-reward investment strategies.

Dogecoin, Shiba Inu, Dogwifhat Among Top Picks For This Researcher's 'Meme Coin Supercycle' Thesis

Most investors who bought memecoins Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) continue to stay in profit despite a correction sweeping the crypto market, according to analytics firm IntoTheBlock.

Majority of Dogecoin, Shiba Inu and Pepe Holders Remain Profitable Despite Latest Crypto Correction: IntoTheBlock

Dogecoin's (CRYPTO: DOGE) 25% drop over the past week has prompted traders to highlight buying and repositioning opportunities without changing their bullish bias for the upcoming months What Happened: Trader XO, a well-known and influential trader, recently shared his thoughts on Dogecoin's current resistance level and the possibility of a consolidation period. He noted that $0.17 is a key resistance point, and if the price can break above this level with strong acceptance and overall strength in the altcoin market, a reversal could be on the cards.

Dogecoin Down 25% In Past Week, But 'If You Get A Chance To Buy It In The High $0.10s, Buy It,' Says Trader

Cryptocurrency social media personality, Yomi, recently shared his insights on the anticipated Golden Cross of Dogecoin (CRYPTO: DOGE), highlighting the need for a green week to get back on track. What Happened: On Sunday, Yomi tweeted an update on the pending weekly Golden Cross of DOGE.

Dogecoin's Road To The Golden Cross, Crypto Analyst Shares His Take On 'Bull Market Milestone'

The Dogecoin (CRYPTO: DOGE) community observed significant activity among whales, as they transferred vast quantities of the meme coin in the last 24 hours. This flurry of activity coincided with a 19.4% decline in DOGE's price on Friday, prompting speculation that these anonymous whales might seize the opportunity to buy the dip.

Amid Dogecoin Crash, 374 Million DOGE Moved From Robinhood To Unknown Wallet

Solana

Bitcoin BTC has fallen sharply after Israel's military said Iran had fired "dozens" of drones toward it in a retaliatory attack.

Israel-Iran War Fears Suddenly Spark $500 Billion Bitcoin And Crypto Price Crash—Hitting Ethereum, BNB, XRP, Solana And Dogecoin

In the wake of a significant downturn in the cryptocurrency market on Friday, Billy Markus, the co-founder of Dogecoin (CRYPTO: DOGE), shared an unusual statement on X, formerly known as Twitter, about the meme currency. On a day marked by widespread losses across major cryptocurrencies, including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin itself, Markus' playful commentary stood out amidst the sea of red.

Dogecoin Co-Creator Billy Markus Sarcastically Signals Caution Amid Cryptocurrency Market Crash: 'Oh No Everything Died We Are Dead'

A widely followed trader says that he is bullish on the leading memecoin Dogecoin (DOGE) despite the marketwide correction. The trader pseudonymously known as Sherpa tells his 214,200 followers on the social media platform X that he intends to accumulate Dogecoin. “DOGE: The play in my opinion is just to buy down to $0.

Crypto Trader Says He Is ‘Super Bullish' on One Top-10 Altcoin, Updates Outlook on Bitcoin and Pepe

Major cryptocurrencies dropped on Friday, with $877.8 million liquidations in the crypto derivatives market. What Happened: Cryptocurrency markets were weighed down by risk-off sentiment in traditional markets amid heightened geopolitical risks.

Bitcoin, Ethereum, Dogecoin Plunge, $878M Liquidated: 'Just Set Alerts At $60,000 And $74,000 And Walk Away,' Says Crypto Expert

A closely followed crypto trader is warning that Bitcoin (BTC) may be sending false bullish signals. Pseudonymous trader The Flow Horse tells his 209,900 followers on the social media platform X that Bitcoin may be at risk of a sudden move to the downside.

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