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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 dog-themed tokens have a tendency to move on any payments-related development at X (formerly Twitter).

Dogecoin, Floki Bullish Bets Rise on X Payments Speculation

Dogecoin (CRYPTO: DOGE) surged over 10% on Saturday, catapulting its price from $0.078 to $0.090 but the rally seems to cool down now. What Happened: The rise is attributed to the buzz around the new “X payments” system.

Dogecoin's Weekend Rally Hits A Pause — Traders Betting On DOGE Longs Face Liquidation Worth $2.5M In A Single Day, Price Drops 4%

Bitcoin

Ethereum

Major cryptocurrencies on Sunday evening dropped as the interest in Bitcoin exchange-traded funds (ETFs) continued to wane.

Bitcoin, Ethereum, Dogecoin Drop As Google Search Interest In Spot ETFs Plunges: Analyst Foresees King Crypto Below $40K Before April Halving

The price of Dogecoin (DOGE) has been below the moving average lines since the price slump on January 3, 2024.

Dogecoin Price Consolidates And Reaches Decisive Support At $0.070

Shiba Inu

The cryptocurrency world was anything but dull this week. Major developments, from a surge in Shiba Inu whale transactions to significant liquidations of long crypto positions, kept the market on its toes.

Trump Against CBDC, Shiba Inu's Whale Transaction Volume Soars, Dogecoin Predicted To Hit $5 Mark And More: This Week In Crypto

Major cryptocurrencies on Thursday evening dropped as traders betting on long positions faced substantial liquidation.

Bitcoin, Ethereum, Dogecoin Plunge Amid $200M Crypto Long Liquidations: Analyst Says King Crypto To Reach All-Time Highs After Halving Event

A panel at the World Economic Forum (WEF) meeting in Davos, Switzerland titled "Clear-Eyed About Crypto" agreed the cryptocurrency industry needs further regulatory clarity. The panel also struck an optimistic tone but rejected the appeal of meme coins like Dogecoin (CRYPTO: DOGE).

Davos Crypto Panel Backs CBDCs, Rejects Dogecoin; Ripple CEO Says 'I Don't Get It'

Major cryptocurrencies on Wednesday traded mixed with the bullish momentum showing signs of waning. This shift in momentum can be attributed to the early exchange-traded funds (ETF) flows, which have failed to meet the high market expectations.

Bitcoin, Ethereum, Dogecoin Trade Mixed As Early Spot ETF Flows Fail To Meet Market Expectations: Analyst Predicts Pre-Halving Rally Before King Crypto Skyrockets To $300K

Major cryptocurrencies on Tuesday evening posted some gains following a weekend characterized by consolidation as profit-taking occurred.

Bitcoin, Ethereum, Dogecoin Rise As Investors Weigh Spot ETF Impact: Analyst Says Scenario For King Crypto Is 'Rejection' At $46K And Then Correction To Below $40K

Tesla CEO and Spacex chief Elon Musk has revealed that he still owns “a bunch of dogecoin,” affirming his commitment to keep buying and supporting the meme cryptocurrency. Musk additionally revealed that his company Spacex still owns “a bunch of bitcoin.

Elon Musk Still Owns ‘a Bunch of Dogecoin' — Spacex Owns ‘a Bunch of Bitcoin'

A closely followed analyst thinks Ethereum (ETH) is on the verge of a rally after the second-largest crypto asset flashed a bullish signal on the high time frame chart.

Analyst Predicts Ethereum (ETH) Rally, Says Dogecoin (DOGE) Flashing Signs of Rebound – Here Are His Targets

Dogecoin (CRYPTO: DOGE) whale activity and a rising number of daily active addresses indicate a big move may soon be on the horizon for Dogecoin. What Happened: Whale Alert data showed an impressive 990 million Dogecoin, worth $79.8 million, was transferred from one unknown wallet address to another address on Jan. 16, 2024.

Dogecoin Sees 990 Million DOGE Transfer, Explosive Daily Active Addresses Growth: Big Move Incoming?

Major cryptocurrencies on Monday evening traded mixed as the long-anticipated approval of a spot exchange-traded fund (ETF) resulted in a “sell-the-news” event.

Bitcoin, Ethereum, Dogecoin Trade Mixed After 'Sell-The-News' Response To Spot BTC ETFs: Analyst Sees King Crypto Touching $90K

Major cryptocurrencies dropped on Sunday following the excitement over the approval of Bitcoin exchange-traded funds (ETFs) earlier this week.

Bitcoin, Ethereum, Dogecoin Drop As Spot ETF Euphoria Subsides: Analytics Firm Foresees Shift In Crypto Market Sentiment From BTC To ETH

Bonk

Recent data indicates that despite a general decline in the crypto economy, the meme coin sector has experienced a 3.2% increase in the last 24 hours. Notably, dogecoin and bonk have observed respective surges of 1.2% and 9%. Additionally, Sunday saw several meme tokens achieving gains in the double digits.

Meme Coin Market Bucks Crypto Downtrend With 3.2% Rise, Led by DOGE and BONK Gains

The price of Dogecoin (DOGE) has fallen below the moving average lines.

Dogecoin Price Falls But Holds Above $0.074

Bitcoin (CRYPTO: BTC) was dropping almost 5% lower during Friday's 24-hour trading session after rising up toward $50,000 on Thursday –the first trading day for 11 spot Bitcoin ETFs approved by the Security and Exchange Commission the day prior. The SEC's approval of the spot Bitcoin ETFs provides traditional finance with access to direct Bitcoin exposure.

Bitcoin, Ethereum, Dogecoin Enter Cooling Period Following Game-Changing ETF Approval: A Look At The Price Action

Major cryptocurrencies traded mixed on Thursday evening as U.S.-listed spot Bitcoin exchange-traded funds (ETF) began trading amidst high anticipation.

Bitcoin, Ethereum, Dogecoin Trade Mixed As ETF Trading Brings 230M In Liquidations: Analyst Says 'Reality Kicks In'

Major cryptocurrencies surged on Wednesday evening after U.S. regulators gave the green light to Bitcoin ETFs.

Bitcoin, Ethereum, Dogecoin Rise After BTC ETFs Approved By SEC: Analyst Says King Crypto Will 'See New Highs' To $100K

A wealthy investor who made millions trading Bonk (BONK) is suddenly bullish again on the Dogecoin (DOGE) rival, according to on-chain data. Blockchain tracking firm Lookonchain reports that a profitable BONK trader just purchased more than three billion BONK. “This smart trader who made ~$6.9 million on BONK spent 386 SOL ($40,000) to buy 3.

Trader Who Profited $6,900,000 on BONK Goes Long on Dogecoin Rival Once Again: Lookonchain

The Dogecoin (CRYPTO: DOGE) market was thrown into a frenzy by a rumor regarding the death of its mascot, causing a significant price fluctuation. What Happened: As reported by CoinDesk on Tuesday, a social media post suggested that Kabuso, the Shiba Inu dog that acts as the token's mascot, had passed away.

Dogecoin Sees $2.4M In Liquidations Amid Rumor Of Mascot's Death

Elon Musk, on Tuesday evening, took a jab at the Securities and Exchange Commission after the regulatory authority's account falsely tweeted about approving the Bitcoin (CRYPTO: BTC) Spot Exchange-Traded Funds (ETFs). What happened: Musk had not remarked on Dogecoin (CRYPTO: DOGE) for an extended period before this incident.

Elon Musk Takes A Stab At SEC After X Account Hack Via A Dogecoin Meme — Jokes 'LFGDogeToTheMoon' Was Regulator's Password

During Tuesday's trading session, major cryptocurrencies experienced significant fluctuations due to a false social media post by the Securities and Exchange Commission (SEC) regarding the approval of spot Bitcoin exchange-traded funds (ETF).

Bitcoin, Ethereum, Dogecoin Drop After Fake News Of Spot ETF Approval — $200M Worth of Liquidations Follow: Analyst Warns Of Fakeout Rallies, Looming Corrections For King Crypto

Dogecoin (CRYPTO: DOGE) saw significant whale activity amid news that the token has started its travel to the literal moon. What Happened: Whale Alert data shows an incoming transaction of 999,999,999 DOGE worth $78.85 million from Binance to an unknown wallet on Jan. 9.

Dogecoin's Whale Movements: 1 Billion Tokens Transferred To Mystery Wallet Amid Moon Mission

The volatile episode came at a time when the crypto industry anxiously awaits a spot bitcoin ETF approval, a landmark for the asset class' maturation.

News for Dogecoin Crypto (DOGE)