After a turbulent correction, the cryptocurrency market has found some calm, with prices stabilizing. Meanwhile, the Mean Dollar Invested Age is quietly pointing to heightened network activity, often seen as a precursor to extended bullish trends. Despite a market-wide retracement this week, the Mean Dollar Invested Age (MDIA) – an often-overlooked crypto metric – signals...Read More
The cryptocurrency market is in retreat once again, with bitcoin dumping below $95,000 for the second time since Monday evening. While many altcoins are also deep in the red, the ever-volatile meme coin sector has produced some of the most violent corrections. Although there are many success stories of small-time investors turning thousands of dollars...Read More
The battle for sixth place in terms of the largest cryptocurrency by market cap has taken another turn as XRP has reclaimed its spot after a week-long hiatus. This came amid Ripple’s massive rally over the past few days, including a surge above $1 and numerous speculations on X about a new all-time high. XRP...Read More
The major lawsuit against the future leader of the Department of Government Efficiency (D.O.G.E) will end soon, at least according to the most recent filings by both sides’ lawyers. Those representing the investors who sought a $258 billion payout withdrew their appeal from an earlier ruling by Judge Hellerstein, who sided with Tesla’s CEO in...Read More
Crypto analyst Master Kenobi has suggested that the price of Dogecoin (DOGE) could rise to as much as $2, with its market cap potentially supplanting those of Solana (SOL), Binance Coin (BNB), and even Tether (USDT) to make it the third most valuable cryptocurrency in the market. The assessment comes in the wake of the...Read More
Dogecoin (DOGE) is on a roll. The OG meme coin crossed the $0.25 mark on November 10, 2024, for the first time in three years, then added another 25% in the last 24 hours to reach $0.28. Meanwhile, its market cap surged to a three-year high and is currently hovering near $42 billion. As a...Read More
Short-term trader activity is a critical factor in the dynamics of meme coins, which are largely fueled by hype and market sentiment. Leading this trend is Dogecoin (DOGE), which boasts the highest number of short-term traders in the meme coin space. DOGE Emerges as Traders’ Favorite According to the latest findings by the on-chain analytic...Read More
As market fears intensify, several cryptocurrencies have experienced a sharp decline in prices. Amid the chaos, there has been a significant uptick in Dogecoin activity. The OG meme coin experienced its largest spike in active DOGE addresses in the past six months as per new data. Whales also appear to be holding on, which could signify...Read More
The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones...Read More
Could DOGE tokens pump 500% in 2024 to $1? Dogecoin more than doubled in price at the end of February. After trading around the $0.08 level since the start of January, DOGE exploded to $0.18 by Mar. 4. The proof-of-work meme coin, an indirect 2015 blockchain fork off of the original Satoshi Bitcoin chain, retraced...Read More
The director of Netflix’s sci-fi series Conquest reportedly allocated $4 million from the show’s budget to invest in Dogecoin, ultimately yielding a $27 million return. Carl Erik Rinsch, known for directing “47 Ronin,” received substantial funding from Netflix for the science fiction series. However, instead of channeling these funds solely into the series, Rinsch used...Read More
Is Elon Musk going to bring crypto payments to X? In a Monday filing, the tech billionaire’s social media platform secured the Rhode Island Currency Transmission License, which is crucial for offering such services within the state. Dogecoin On X? The approval, confirmed by the Nationwide Multistate Licensing System (NMLS), comes after X (formerly Twitter)...Read More
Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”. Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Dogecoin and X Musk reposted a nine-second animated graphic of the platform’s new “X”...Read More
After the frenzy of BRC-20 tokens in the Bitcoin network, their DRC-20 counterparties have triggered a massive spike in Dogecoin’s transaction volume. The OG memecoin experienced a significant surge in daily transactions and even surpassed that of Bitcoin and Litecoin briefly for the first time ever. According to data compiled by BitInfoCharts, the daily Dogecoin...Read More
According to CoinGecko research, the residents of the United States seem the most interested in memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), Floki Inu (FLOKI), and Pepe Coin (PEPE). India and the United Kingdom rank respectively second and third. Despite being the first memecoin, DOGE has lost its leading position in numerous countries. Morocco...Read More
Arthur Hayes – co-founder of BitMEX – believes the altcoin season (a time frame during which the alternative coins outperform Bitcoin and reduce its dominance in the crypto market) is already here. Assets like Ether (ETH), Arbitrum (ARB), and Dogecoin (DOGE) have marked substantial gains in the past 24 hours, whereas BTC has been relatively...Read More
Twitter’s main logo abruptly changed on Monday into a picture of the infamous “Doge” meme – a Dogecoin (DOGE) predictably pumped as a result. The cryptocurrency is up 25% in the past hour, now trading for $0.1. Elon Pumps Doge (Again) When logging into Twitter, the bluebird that once appeared on Twitter’s loading page has...Read More
The popular meme-inspired cryptocurrency – FLOKI – spiked around 41% after Elon Musk uploaded a photo of his dog dressed as the new Chief Executive Officer of Twitter. Other memecoins, including DOGE, SHIB, and BABYDOGE, also headed north albeit in a more modest fashion. Tesla’s CEO and one of the wealthiest people on the planet...Read More
The Canadian University of Dubai (CUD) partnered with Binance to enable students to pay their fees in digital currencies. With the recent collaboration, the exchange dived deeper into the local ecosystem. It received a cryptocurrency license from Dubai’s regulators in September last year. Settling the Semesters in Crypto The world’s leading crypto platform disclosed the...Read More
The Dogecoin Foundation – a nonprofit organization that supports the development of the first-ever memecoin – announced a new 5,000,000 DOGE development fund. The capital will be distributed to developers who contribute to the advancement of the token’s ecosystem. The entity also revealed that Marshall Hayner (one of the fund’s custodians) joined the Dogecoin Foundation...Read More
According to a study conducted by Independent Reserve, more than 25% of Aussies are crypto HODLers. Bitcoin remains the most recognizable digital currency, as 90.8% of the participants admitted being aware of its existence. The Latest Figures in Australia The share of Aussies that own crypto assets has slightly shrunk compared to the figures from...Read More
Despite the rally during the past couple of weeks, the cryptocurrency took a beating today. Bitcoin’s price plunged by more than 5%, dropping $20K. The total liquidations on a 24-hour scale have reached around $360 million. The recent rally brought hopes to many that the crypto winter might be coming to an end, but this...Read More
Elon Musk is officially in charge of Twitter, and he has already made several big-time changes, including a monthly subscription. The rumors on whether the billionaire will implement Dogecoin payments started emerging immediately, and he only strengthened them. It’s been less than a week since Musk’s acquisition of Twitter was completed after several months of...Read More
The co-founder of Ethereum suggested that two other PoW blockchain protocols could transition to PoS in the near future. He also spoke about the Merge during the 2022 Mainnet blockchain event and gave a brief update about the next step in Ethereum’s development – the Surge. Ethereum made history on September 15, when it became...Read More
On June 22, Elliptic Connect, a blockchain analytics provider specializing in cryptocurrency-based financial crime prevention, published an investigation showing that Dogecoin (DOGE), Elon Musk’s favourite cryptocurrency, is being used by criminals to commit illicit acts. According to Elliptic, Dogecoinis being used to finance frauds, scams, Ponzi schemes, and other more serious crimes like terrorism and...Read More
Elon Musk, the world’s richest man and self-proclaimed Doge Father, has declared his unwavering support for the leading meme cryptocurrency, Dogecoin. Elon Musk to Keep Supporting Dogecoin The Tesla CEO posted on Twitter earlier today: “I will keep supporting Dogecoin.” He also revealed in response to a user that he is still buying the memecoin....Read More
Timothy Ursich Jr. – who runs for election to the US Senate to represent California – vowed that he will draft a bill proposing Dogecoin as an official payment method if he is victorious. He also opined that two of the best instruments against the current galloping inflation are the leading cryptocurrencies – bitcoin and...Read More
Vlad Tenev, Chief Executive Officer of Robinhood, outlined how the first-ever memecoin (Dogecoin) could become “the future currency of the Internet and the people.” Unlike many others that label DOGE as an inflationary asset because of its infinite supply, the executive argued that its inflation rate would actually decline in time. Can DOGE Emerge as...Read More
Elon Musk, the CEO of Tesla and SpaceX, purchased a 9.2% stake in Twitter, which became known recently, and was appointed to the board of directors shortly after. Now, the billionaire made several propositions to the social media giant’s paid subscription plan, one of which sees the implementation of Dogecoin payments. As reported by CryptoPotato...Read More
The pre-market prices of Twitter’s shares skyrocketed by double-digits as news emerged that Tesla’s CEO had acquired a 9.2% passive stake in the social media platform. Interestingly, Dogecoin’s price also soared once the news broke. According to a filing to the Securities and Exchange Commission, Elon Musk has taken a 9.2% passive stake in Twitter...Read More
