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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.

Despite being a high-profile and consistent supporter of the popular meme cryptocurrency Dogecoin (CRYPTO: DOGE), Tesla CEO Elon Musk made it clear he is not recommending people plunge headlong into it or any other form of digital currency. Musk expressed caution about cryptocurrency investments during his digital appearance at The Wall Street Journal's CEO Council Summit in London.

Billionaire Musk Says 'Hold Up' On Investing All-In On Dogecoin

Litecoin

Litecoin was a notable mover on Wednesday, as the token dropped by as much as 6% in today's session. The decline came as a red wave swept through the crypto market, leading to the global cap falling by 2% at the time of writing. Dogecoin also dropped, hitting a two-week low.

Biggest Movers: LTC Falls 6%, DOGE Moves to 2-Week Low

Tesla CEO Elon Musk said he isn't encouraging anyone to go heavily in on crypto, even dogecoin — even though he's a big fan of it.

Elon Musk warns investors not to ‘bet the farm on dogecoin'

A top Dogecoin (DOGE) whale transferred more than $396.8 million worth of the memecoin to another top wallet across a series of transactions on Monday. The unknown whale sent a total of 5.44 billion DOGE across seven transactions that all occurred in less than 10 minutes on Monday afternoon, according to crypto data website BitInfoCharts.

Dogecoin Whale Transfers Over $396,800,000 in Series of Transactions – Here's Where the Crypto Is Going

Bitcoin

Ethereum

Major cryptocurrencies are trading mixed on Tuesday evening as investors remain unsettled by ongoing regulatory concerns and macroeconomic uncertainties, including the recent debt ceiling stalemate. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Mixed As Meme Coin Hype Spooks Some: Analyst Foresees Apex Crypto's 50% 'Violent' Surge

Major cryptocurrencies posted gains on Monday evening, buoyed by the latest developments in the ongoing U.S. debt ceiling crisis. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Rise Despite No Deal On Debt Ceiling: Analyst Who Predicted May 2021 Collapse Says This Could Be The Next Level For King Crypto

Major cryptocurrencies witnessed a setback on Sunday evening after Federal Reserve Chair Jerome Powell hinted at the possibility of curbing rate hikes due to stress in the banking sector. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Drop After Powell's Dovish Comments: Trader Predicts King Crypto Soaring To $300,000

Dogecoin (DOGE) price has reached bearish exhaustion since its price decline on May 8.

Dogecoin Moves Within A Range While Facing Rejection At $0.075

Ordinals hype has spread from Bitcoin to both Dogecoin and Litecoin, driving network activity on all three chains to recent all-time peaks.

Meme Tokens and NFTs Took Over Bitcoin—Now It's Happening on Dogecoin and Litecoin

Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) were held flat by Bitcoin (CRYPTO: BTC) during Friday's 24-hour trading session, in tandem with the S&P 500, which gapped up higher but fell slightly lower intraday. The cryptocurrency sector has entered into another consolidation phase, not offering the usual volatility experienced traders and investors in the space have come to expect.

Bitcoin, Ethereum And Dogecoin Lay Low Into The Weekend: What To Watch

Changpeng Zhao, the CEO of cryptocurrency exchange Binance, expressed his surprise that Dogecoin (CRYPTO: DOGE) has managed to maintain a significant following, even after all this time. What Happened: Speaking during a “ask me anything” session on Twitter Spaces, Zhao said on Wednesday that he had expected the popular meme coin to have faded away long ago.

Elon Musk's Endorsement Extended Dogecoin Lifespan, Says Binance CEO: 'It Would Have Disappeared'

Major cryptocurrencies witnessed a setback on Thursday, as they retraced their gains from the previous day. This was largely due to investors keeping a close eye on the ongoing debt ceiling talks in Washington D.C.

Bitcoin, Ethereum, Dogecoin Fall Amid Regulatory Uncertainty: Analyst Predicts Apex Crypto Set To Plummet 50% This Year, But Says No Need To Panic

Dogecoin (DOGE) surpassed Bitcoin (BTC) on Wednesday in daily transactions after the new DRC-20 standard was introduced. According to new data from blockchain tracker BitInfoCharts, the number of daily transactions on the DOGE blockchain has hit a new all-time high, surpassing even that of the top crypto asset by market cap.

Dogecoin (DOGE) Surpasses Bitcoin (BTC) in Daily Transactions Thanks to New DRC-20 Standard

Binance CEO Changpeng Zhao expressed surprise that dogecoin had not faded away as he had expected and said that Elon Musk might have extended its life.

Binance CEO surprised dogecoin hasn't died yet, ‘but Elon Musk latched onto it'

Major cryptocurrencies were trading mixed on Wednesday evening defying the potential turbulence from the U.S. debt ceiling negotiations. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Trade Mixed On Biden's Promise On Debt-Ceiling: On-Chain Analysis Hints King Crypto In Early Bull Phase

With the BRC20 token economy maintaining a market capitalization of nearly $500 million, the introduction of the DRC20 token standard has sparked a flurry of excitement within the Dogecoin community. The emerging token type has ignited a surge of activity, leading to a substantial increase in daily transactions on the Dogecoin blockchain.

DRC20 Tokens Take Dogecoin Community by Storm, Driving Record-Breaking Daily Transactions on the Network

One of DOGE's core developers said "sustained and growing pressure on Dogecoin will cause this to die off quickly."

Dogecoin Activity Surges With Ordinals—But a Core DOGE Dev Is Skeptical

Dogecoin's (CRYPTO: DOGE) network activity hit an all-time high earlier this week, with a tenfold surge in daily transactions. The cryptocurrency, considered the first "meme coin," briefly surpassed both Bitcoin (CRYPTO: BTC) and Litecoin (CRYPTO: LTC).

Dogecoin Mania Fuels Surge In Transactions, Outpacing Bitcoin And Litecoin

Dogecoin rose to a one-week high on Wednesday, despite cryptocurrency markets mostly moving lower. As of writing, the global crypto market cap is trading nearly 1% lower. Xrp also surged, climbing by over 6% in today's session.

Biggest Movers: DOGE, XRP Hit 1-Week Highs, Despite Wednesday's Crypto Red Wave

Shiba Inu

A leading analytics firm says the current frenzy surrounding the frog-themed memecoin Pepe (PEPE) remains dwarfed by past Shiba Inu (SHIB) and Dogecoin (DOGE) manias. In a new analysis, crypto analytics firm Santiment notes that PEPE's peak daily trading volume in the past few weeks was $2 billion.

Shiba Inu (SHIB) and Dogecoin (DOGE) Still Top Dogs in Memecoin History, Says Analytics Firm – Here's Why

Dogecoin network's daily transactions hit a record high, peaking at over 719,000 with users minting meme tokens via an Ordinals-like system.

Tokens built on Dogecoin results in all-time high in daily transactions

Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week.

Dogecoin's Daily Transaction Reached Lifetime Highs as ‘DRC-20' Tokens Introduced

Dogecoin (CRYPTO: DOGE) developers on Tuesday hinted at the next release for LibDogecoin version 0.1.3, the building block for direct integration of DOGE into various platforms. What Happened: The previous version, 0.1.2, was released in March last year and the upcoming release is expected to have new features.

Can Dogecoin's Potential Be Unleashed By LibDogecoin 0.1.13? Developers Hint At New 'Building Blocks'

Major cryptocurrencies were trading in the green on Tuesday evening despite concerns of a looming recession. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Rise Despite Recession Fears: Analyst Forecasts 'Crypto Summer' This June

The number of daily transactions for Dogecoin (CRYPTO: DOGE), a popular meme-inspired cryptocurrency, spiked on Sunday evening. What Happened: Data from bitinfocharts.com reveals that the number of daily transactions for DOGE peaked at around 630,000 on May 14.

News for Dogecoin Crypto (DOGE)