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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.

Shiba Inu

The meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, has jumped 71.9% in 30 days. Since Jan.

Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

Dogecoin (CRYPTO: DOGE) is set to release a new version of its blockchain tool, Libdogecoin, according to Michi Lumin, a core engineer of the meme crypto. The updated version 0.1.2 will come with improved features, such as mnemonic/seedphrase generation, QR code production, and better support for Microsoft Visual C++ and Visual Studio, Michin said.

Dogecoin Set To Release New Version Of Blockchain Tool Libdogecoin: What Investors Need To Know

Dogecoin (DOGE), whose price has reached a high of $0.09, is currently in a bullish trend zone. The current trend is expected to reach highs of $0.10 and $0.11.

Dogecoin Hits A High Of $0.10, But Struggles To Make Headway

A leading blockchain analytics firm reveals that more than 60% of meme token Dogecoin (DOGE) holders are in profit while the majority of rival meme token Shiba Inu (SHIB) owners are in the red. According to IntoTheBlock, 63% of DOGE holders are profitable in their investments while 35% are sitting on losses.

Over 60% of Dogecoin Holders in Profit While Majority of Shiba Inu Investors Sitting on Losses: IntoTheBlock

Bitcoin

Ethereum

Bitcoin (CRYPTO: BTC) was trading mostly flat during Friday's 24-hour trading session, holding strong compared to the S&P 500, which was declining about 1% in consolidation. Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) were also trading near their closing price on Thursday, in tandem with the apex crypto.

A Look At Bitcoin, Ethereum And Dogecoin As The Market Digests Big Tech Earnings

A principal core engineer for the Dogecoin (DOGE) project says a new version of the blockchain's utility-enhancing tool is about to launch. Dogecoin engineer Michi Lumin tells his 32,000 Twitter followers that Libdogecoin 0.1.2 is on its way, although no specific date is given. “Libdogecoin 0.1.

Dogecoin To Release Latest Version of Utility-Enhancing Tool ‘Soon', According to DOGE Developer

Elon Musk's Twitter has officially shut down a popular tipping bot ‘MyDogeTip' used by the Dogecoin (CRYPTO: DOGE) community. This bot allowed users to easily tip each other on Twitter with the meme crypto.

Meme Community Not Amused With Elon Musk As Twitter Shuts Down Dogecoin Tip Jar

But rather awkwardly, bids are only being accepted in Ether

The Couch Doge Sat On is Being Auctioned Off

Major coins traded in red late Thursday, as the global market cap went down 1.49% reaching $1.08 trillion, recorded at 8:30 p.m. EST. Cryptocurrency Gains (+/-) Price Bitcoin -1.80% $23,576 Ethereum -1.74% $1,649 Dogecoin  -3.66% $0.091 What Happened: The largest cryptocurrency by market value, Bitcoin (CRYPTO: BTC) traded at $23,576.

Bitcoin, Ethereum, Dogecoin Slump As Post-Fed Rally Fades: Analyst Says Breaching $25K Looks Difficult For Apex Coin

A crypto analyst says Elon Musk could cause the meme token Dogecoin (DOGE) to breakout from an enduring resistance level. Pseudonymous analyst Pentoshi tells his 672,200 Twitter followers that the biggest rival to meme token Shiba Inu (SHIB) is showing bullish support that may send it higher.

Elon Musk To Spark Next Dogecoin Rally? Crypto Analysts Look at Catalysts for Shiba Inu's Biggest Competitor

Social media giant Twitter is shutting down a bot that allows users to tip others in meme crypto Dogecoin (DOGE), prompting appeals to CEO Elon Musk. According to one of the program's designers, the bot got purged alongside many other robots as a part of Twitter's new policy to combat automated spam.

Twitter Shuts Down ‘Doge Tipping Bot', Prompting Appeals to Elon Musk, Backlash From Dogecoin Community

A leading crypto analytics firm finds that meme token Dogecoin (DOGE) experienced the highest number of whale transactions to date this year on January 31st. Data from crypto analytics platform Santiment shows that there were 523 DOGE transactions worth over $100,000 each at the end of January, the highest since November 27th.

Dogecoin Whale Transactions Hit 2023 High Amid Rival Shiba Inu's 40% Year-to-Date Surge: Santiment

Major coins traded green on Wednesday late evening, as Federal Reserve Chairman Jerome  Powell hints at ‘disinflation'. The global market cap went up 3.91% reaching $1.09 trillion, recorded at 8:30 p.m.

Bitcoin Crosses $24K, Ethereum, Dogecoin Spike After Fed Hints Disinflation: Analyst Says Further Apex Crypto Moves Will Be 'So Violent'

Dogecoin (CRYPTO: DOGE) surged more than 10% to an intraday high of $0.095655 on Tuesday, extending this week's gain after a report that Twitter CEO  Elon Musk may be adding a payment system to Twitter.   With Tuesday's surge, DOGE was moving towards a 35% gain in the first month of 2023, although the meme coin has pulled back by 5.2% at the time of writing on Wednesday.

Dogecoin Leaps On Elon Musk's Reported Twitter Payments Plan: Why DOGE Supporters Are Excited

The dog-themed memecoin Dogecoin (DOGE) is soaring as news spreads that Elon Musk is reportedly making moves that could bring crypto payments to Twitter. According to the Financial Times, Twitter is applying for regulatory licenses throughout the United States to permit payments on the microblogging platform.

Dogecoin (DOGE) Rallies Following Report That Elon Musk Will Introduce Crypto Payments to Twitter

A pseudonymous crypto analyst said that Dogecoin (CRYPTO: DOGE) is at an “important level,” as the meme coin continues to rally. What Happened: “Pentoshi' told his 672,000 followers on Twitter that Dogecoin is at a crucial level.

Dogecoin Could Reach $0.15 After Breaking This Key Resistance, Says Crypto Analyst: 'Would Like To See This Level Hold'

Major coins traded in the green on Tuesday evening, as the global market cap rose 1.25% to $1.05 trillion, as of 8:30 p.m. EST. Cryptocurrency Gains (+/-) Price Bitcoin +1.20% $23,118 Ethereum +1% $1,585 Dogecoin +4% $0.094 What Happened: The largest cryptocurrency by market value, Bitcoin (CRYPTO: BTC), traded at $23,118.

Bitcoin, Ethereum, Dogecoin Spike Ahead Of Fed Decision: Analyst Sees Apex Crypto Hitting 'Triple-Headed Resistance Monster'

Dogecoin climbed to an eight-week high on Jan. 31, as prices broke out of a key resistance level on Tuesday. The meme coin surged ahead following the release of the latest consumer confidence report in the United States. Shiba inu also moved higher, rebounding from losses to start the week.

Biggest Movers: DOGE Hits 8-Week High as Meme Coins Rally on Tuesday

Crypto prices remained mostly flat after the market opened on Tuesday, with Dogecoin rising by 8.1%. Bitcoin was trading around $23,100, down about 0.3%

Crypto prices flat, while Dogecoin rallies

Mask Network (CRYPTO: MASK), is up 27% on Monday late evening, outperforming Dogecoin (CRYPTO: DOGE) gains. What Happened: The rally comes on the news that Elon Musk is planning to build a payments system for Twitter that could potentially support cryptocurrencies in the future.

Altcoin Shoots Up 27% To Surpass Dogecoin Gains On Report Of Elon Musk's Twitter Payments Plan

Twitter is reportedly working on a system that would allow users to make payments directly through the social media platform. Billionaire owner Elon Musk is said to be pushing for a fiat currency priority but wants the system to incorporate cryptocurrencies later on.

Will Twitter Embrace Dogecoin Like Tesla? Elon Musk Reportedly Seeks Crypto Options In Payments Push

Major coins traded in the red on Monday, as the global market cap went down 3.68% reaching $1.04 trillion, as of 8:30 p.m. EST. Cryptocurrency Gainers (+/-) Price Bitcoin -3.74% $22,802 Ethereum -4.46% $1566 Dogecoin +1.50% $0.091 What Happened: The largest cryptocurrency by market value, Bitcoin (CRYPTO: BTC), traded below $23,000.

Dogecoin Rises On Musk Effect, Bitcoin, Ethereum Slide: Analyst Says Inflation Risks 'Need To Go Away' Amid Regulatory Fears

Dogecoin saw modest gains after a report suggesting that Twitter's payments product could support crypto.

Dogecoin Fans Still Hopeful After Elon Musk's Twitter Payments Update

Threshold (CRYPTO: T) is up 88% in the last seven days, leading the crypto market gains on Monday, recorded at 12 am EST. Cryptocurrency Gains (+/-) Price (Recorded at 12 a.m.

Small-Cap Altcoin Rallies 88% In A Week To Blow Past Bitcoin, Ethereum, Dogecoin Gains

Major coins traded in the green on Sunday evening, as the global market cap rose 1.34% to $1.08 trillion, as of 8:30 p.m. EST. What Happened: The largest cryptocurrency by market value Bitcoin (CRYPTO: BTC) traded above $23,000.

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