Memecoins continue to occupy center stage within the cryptocurrency market. A lot of the chatter is still focused on the performance of Dogecoin, Shiba Inu (SHIB), Floki Inu (FLOKI), and so forth. Now, Binance has decided to pin the two memecoin market leaders against each other by adding a SHIB/DOGE trading pair. The War Between...Read More
In May, Ethereum’s Co-Founder – Vitalik Buterin – burned 410,24 trillion Shiba Inu tokens which would now be equivalent to $27.8 billion. Additionally, he donated 50 trillion SHIB ($3.4 billion calculated at today’s prices) to India, struggling with the COVID-19 infection by that time. Five Months Difference Dogecoin’s success since the beginning of 2021 has...Read More
The belief system between Bitcoiners and “Shitcoiners” continues to widen. While the two groups agree every once in a while, they are often completely on separate pages criticizing themselves. For clarity, “shitcoiner” may have varying meanings, depending on who’s speaking, but it is mostly used by Bitcoin maximalists to describe people who trade in other...Read More
The American movie theatre chain – AMC Entertainment Holdings – continued expanding its cryptocurrency endeavors by enabling customers to buy digital gift cards with Dogecoin (DOGE). The service will be available on the company’s website, its mobile app, and in theatres, as people will need a BitPay Wallet to execute the purchase. Dogecoin Enters The...Read More
Following confirmation that AMC would begin accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin for online payment, the company’s CEO has asked the Dogecoin community if AMC should add the meme coin among the cryptocurrency options. Almost 80% Want to Pay for a Movie Ticket With DOGE Adam Aron, CEO of the world’s largest movie theater...Read More
Tesla’s CEO – Elon Musk – bought a new dog and gave him a name (Floki) – so far, nothing out of the extraordinary. But the puppy’s name has caused fluctuations in the cryptocurrency space, with recently emerging coins called Floki skyrocketing in value. The Hype Around Meme Coins and Musk’s Role It’s safe to...Read More
The meteoric rise in the price of the meme-inspired cryptocurrency, Dogecoin, has prompted many other versions of “crypto dog” tokens with the hope of getting a similar effect. While most of these projects have experienced failures due to lack of exposure and liquidity, some appear to be making waves and drawing the attention of the...Read More
The meme-inspired cryptocurrency, Dogecoin (DOGE), has continued to take the top spot in crypto trading activities on Robinhood ever since it shot into the limelight earlier this year. In its earnings report, the American financial services company pointed out significant increases in its crypto revenue in 2021 Q2 compared to last year’s second quarter. The...Read More
The Dogecoin Foundation that was inactive for years, has relaunched, with a new advisory board that includes notable names such as Tesla and SpaceX CEO Elon Musk represented by his associate, and Ethereum co-founder Vitalik Buterin. New Dogecoin Foundation The Foundation was originally established as a non-profit in 2014. In 2013, Jackson Palmer and Billy...Read More
Fans of the NBA team, the Dallas Mavericks, will soon be able to purchase merchandise with discounts if they use Dogecoin as a payments method, announced the club’s owner – Mark Cuban. He also argued that he’s not trying to shill the meme coin as people prefer to use it. The Lovestory Between the Mavs...Read More
Since the July 21 breakout, the Dogecoin price has been erratic, providing few indicators as to its future trajectory. Although the revelation of the dates for ‘Dogepalooza‘, an event aimed at celebrating the most popular meme coin, which will take place in October, could push values even higher. From August 6, tickets were available on...Read More
Investing in a meme coin like Dogecoin is like putting your funds on red or black in a casino, said the popular investor – Kevin O’Leary. He went even further in a recent interview, indicating that it has no inherent value and should be classified as pure speculation. O’Leary: Dogecoin is Pure Speculation The meme...Read More
Despite his legendary status within Crypto Twitter, the creator of Dogecoin, Jackson Palmer, doesn’t tend to interact much with the community. He usually shows up, makes a statement, causes a stir, and disappears. Today, in one of his occasional rants, Palmer decided to talk about the degeneration of the crypto community and why he has...Read More
Nearly half of the UK residents aged between 18 and 29 admitted that their first investment was in digital assets. However, more than 50% of the youngsters used debt to purchase cryptocurrencies. Crypto is Attractive for The Young Britons A recent poll conducted by Opinium for the investment platform Interactive Investor revealed that 45% of...Read More
The newly launched cryptocurrency Baby Doge Coin will make its debut on NASCAR this Saturday. The professional racer Brandon Brown will drive his No. 68 Chevrolet Camaro, branded with the asset’s symbol. Baby Doge on the Runway The fans of the recently launched digital asset – Baby Doge Coin – will have the chance to...Read More
Tesla’s CEO Elon Musk believes transactions costs and speeds using bitcoin and ether are expensive and slow at the base layer. Instead, he indicated that the meme coin that started as a joke – Dogecoin – could serve as a solution as it minimizes the fees. The popular cryptocurrency YouTuber Matt Wallace, lately focusing on...Read More
Although Dogecoin’s popularity might be declining lately, other copycats continue to garner people’s attention, especially in the USA. CoinMarketCap’s stats show that tokens like Doge Killer, Baby Doge Coin, and Shiba Inu were among the most trending ones last week in the States, while Bitcoin and Ethereum were down the list. What Do Americans Look...Read More
While filing for an IPO with US regulators, the popular trading platform Robinhood reported a 4% increase in revenue coming from digital assets. Interestingly, more than 30% of that came from the most recent craze in the space – Dogecoin. Dogecoin’s Rise on Robinhood Started in 2013 as a joke, Dogecoin attracted the world’s attention...Read More
After a short break from his usual comments on Twitter about the cryptocurrency space, Elon Musk reminded of his humoristic side with a new set of intriguing posts. Although his tweets contained the word “Doge,” the meme coin failed to increase. However, it turns out that the billionaire had Dogecoin’s baby in mind. Aside from...Read More
It seems that the DOGE-year could be over as the meme coin that surged in popularity after numerous Elon Musk engagements is down by roughly 75% since its peak less than two months ago. This highlights the dangers for retail investors who follow celebrities blindly, as many of them are now urging Musk to help...Read More
The story between Dogecoin and Tesla has a new, somewhat unexpected development coming from Europe. A German taxi company that has only Tesla cars has enabled its customers to use DOGE to pay for their rides. CryptoPotato reached out to the firm, called Tesla Taxi Aschaffenburg, to check out why it went that doggy road,...Read More
One of the largest peer-to-peer cryptocurrency marketplaces, LocalBitcoins, has expanded its portfolio of available payment methods with the inclusion of Cardano (ADA), Dogecoin (ADA), Polkadot (DOT), Chainlink (LINK), and more. LocalBitcoins Adds More Crypto Payment Methods Founded in 2012, LocalBitcoins acts like a cryptocurrency peer-to-peer marketplace. The platform, based in Helsinki, Finland, facilitates over-the-counter trading...Read More
Barry Silbert, the Founder and CEO of Digital Currency Group, believes Dogecoin is not worth $37 billion and predicted a significant drop in its value to below $1 billion. Nevertheless, the former Grayscale CEO added that DOGE will “certainly” not go away due to its passionate community. DOGE is Not Worth $37B Despite seeing the...Read More
Cryptocurrencies and the hip hop industry continue to intertwine as famous rapper Meek Mill plans to expand his portfolio with Shiba Inu. This comes shortly after he purchased Bitcoin and Dogecoin. Meek Mill Plans to Buy Shiba Inu The skyrocketing popularity of meme coins, led by Dogecoin, caught the attention of multiple celebrities. The trend,...Read More
The price of Dogecoin jumped by 20% in minutes after another pro-tweet from Tesla’s CEO – Elon Musk. The billionaire posted a rather intriguing tweet that included a one-dollar bill and DOGE. In his latest pro-DOGE initiative on social media, Musk posted a picture with a text reading “cyberviking.” In the background, though, there’s a...Read More
The cryptocurrency market was collectively sent into a massive correction over the past week. Bitcoin’s price dropped below $40K, and all altcoins followed. Some, however, have retraced harder than others – Dogecoin copycats are bleeding out, and there are a few important things to consider coming out of this. Dogecoin Copycats Like SHIB Tumble Hard...Read More
Vitalik Buterin, who was gifted half of Shiba Inu’s total supply, has burned 90% of his holdings worth nearly $7 billion. The Ethereum co-founder further said he would allocate the remaining 10% to charitable organizations while also praising the “dog token community” for its generosity. Buterin Burns $6.7B in Shiba Inu The Dogecoin rise to...Read More
Last week, Elon Musk and Tesla shocked the entire crypto industry following an announcement that the electric car company will no longer accept bitcoin payments for “environmental reasons.” A Hard Pill For Bitcoin Maximalists Giving its reasons, Tesla argued that Bitcoin mining operation requires massive energy consumption, which is generated from fossil fuel, especially coal,...Read More
To say that last week was eventful would be an understatement. The entire market went through extreme volatility. Many altcoins charted new all-time highs and went through serious declines as well. Let’s start with Bitcoin. The cryptocurrency is currently down about 10% on the weekly – last Friday, it was trading at around $57K. Unfortunately,...Read More
The US-based cryptocurrency exchange Gemini announced it will grant its customers the opportunity to earn interest on Dogecoin. They can realize as much as 2.25% annual percentage yield (APY) on the meme coin. With this innovation, Gemini Earn now accounts for more than $2 billion in loans for its customers. DOGE Coming to Gemini The...Read More
