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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.

Crypto trader Altcoin Sherpa reveals his current meme strategy, which centers on U.S. politics-related meme coins and considering a robust big cap like Dogecoin (CRYPTO: DOGE) for potential future gains. What Happened: Sherpa's meme strategy revolves around concentrating on a single sector, politics, currently holding positions in MAGA (CRYPTO: TRUMP) and USA (CRYPTO: USA), a US-focused meme coin on Solana (CRYPTO: SOL).

Veteran Trader Targets Political Meme Coins TRUMP, USA, BODEN As 'Largest Narrative' Before Dogecoin Does 'Something Crazy' Later

Elon Musk has strongly supported DOGE for several years, dating back to his first tweet about the token in 2019. Since then, Musk has made multiple moves to incorporate DOGE into his various business ventures.

Elon Musk Enables Dogecoin (DOGE) Payment for Tesla, Is DOGE Integration Imminent for X too?

Shiba Inu

VanEck's meme coin index made a splash in the crypto community, prompting traders to point to the growing mainstream adoption of meme coins. What Happened: Market Vector announced the launch of its MarketVector Meme Coin Index with the symbol MEMECOIN, covering the six largest meme coins.

VanEck Meme Coin Index With DOGE And SHIB Would 'Outperform 99% Of People If You Left It Alone,' Says Trader

Bitcoin

Ethereum

Leading cryptocurrencies saw a decline on Wednesday, extending the run of losses that started as the week began. Cryptocurrency Gains +/- Price (Recorded 8:45 p.m.

Bitcoin, Ethereum, Dogecoin Continue To Slip: Analyst Says King Crypto Network Fundamentals Indicate 300% Upside, Could Top Between $250K-$275K

Cryptocurrency markets could not push into the green, as Bitcoin (CRYPTO: BTC) spot ETF outflows resumed on Tuesday. What Happened: Major cryptocurrencies are trading slightly down at the time of writing: Prices as of 4 p.m.

Bitcoin, Ethereum, Dogecoin Trade Sideways, Trader Asks: 'Does It Matter If You Buy Bitcoin At $62,000 Or $58,000'?

Bonk

Pepe

The investment management firm Vaneck has expanded into the meme coin sector with the launch of its new Marketvector meme coin index, “MEMECOIN.” This index, available through Marketvector Indexes—a company focused on digital assets and various other sectors—monitors the performance of the leading six meme coins.

Vaneck Introduces Meme Coin Tracking With ‘MEMECOIN' Index

dogwifhat

Crypto trader Intuitio drew parallels between the roles of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) and the emerging hierarchy in meme coins, dubbing Dogecoin (CRYPTO: DOGE) as the “BTC of memes” that paves the way for the rest. What Happened: The trader likened Dogecoin to Bitcoin, describing it as “extremely safe, almost too safe,” and identified Pepe and Dogwifhat as the Ethereum of meme coins that are “obvious winners” with the “best Risk/Reward.

DOGE Is The 'BTC Of Memes' And These Two Meme Coins Are The ETH And A 'Must Have,' Trader Touts

Investment giant VanEck, known for its exchange-traded funds (ETFs), has taken a plunge into the world of meme coins with the launch of the MarketVector meme coin index called “MEMECOIN”. What Happened: This index tracks the performance of the six largest meme coins, a category of cryptocurrencies often inspired by internet jokes and cultural references.

Bitcoin ETF Issuer VanEck Launches 'MEMECOIN' Index, Includes DOGE, SHIB And 4 More Meme Coins

On April 2, 2019, Tesla CEO Elon Musk posted on X (formerly called "Twitter"), noting that "Dogecoin might be my fav cryptocurrency. It's pretty cool.

Elon Musk's Tesla Enables Dogecoin (DOGE) Payment, Price Surges Over 20%

The price of Dogecoin (DOGE) is trapped between the moving average lines as buyers have failed to sustain the upside momentum above these lines.

Dogecoin Bounces Back But Encounters Resistance Twice At $0.17

Crypto traders are cautious about Dogecoin‘s (CRYPTO: DOGE) prospects, citing uncertain price action, as the apex meme coin is down 6% on the day. What Happened: One trader points to Dogecoin being below the resistance level and suggests waiting for an entry until it flips this level, suggesting to “play it safe, no risk here.

Dogecoin Down 6%: Time To 'Play It Safe,' Suggests Trader

Everyone's favorite memes have taken the biggest hit today as the wider market sees a moderate drawback in comparison.

Meme Coins DOGE and SHIB See Losses as Ethereum Drops 4%

The cryptocurrency market slid further Tuesday as market sentiment remained weak amid regulatory potshots taken at cryptocurrency entities.

Bitcoin Ethereum, Dogecoin Sink Further As Regulatory Woes Weigh Down Investors: Analyst Says Majority Top Market Cap Cryptos In 'Slight Buy Zones'

Solana

A closely followed crypto trader believes that Solana (SOL) just witnessed its last major correction for this market cycle. Pseudonymous analyst Inmortal tells his 213,300 followers on the social media platform X that SOL bulls successfully defended support at around $120.

‘Last Dip Ever' – Analyst Predicts Solana Rally, Says Three Memecoins Will Surge Alongside SOL

Cryptocurrency markets traded slightly down on Tuesday amid renewed interest in spot Bitcoin ETFs. What Happened: Major cryptocurrencies are trading flat or down at the time of writing: Prices as of 5 p.m.

Bitcoin, Ethereum, Dogecoin Trading Mostly Sideways, Trader Sees More ETF Inflows As Key To Restart The Bull Run

Crypto trader Intuitio expressed strong conviction in the potential of meme coins, touting the potential of Pepe (CRYPTO: PEPE) and Dogwifhat (CRYPTO: WIF), while dismissing the prospects of Shiba Inu (CRYPTO: SHIB). What Happened: Intuitio took to his X account to state how “easy” the meme coin space is.

Dogecoin Is The 'OG' Meme Coin And A 'Billboard' For PEPE And WIF, But: 'Forget SHIB,' Trader Exclaims

Pseudonymous self-styled “meme coin millionaire” Apatheticwhale revealed his "playbook” to make millions in meme coins, stating that this is the most alpha he has ever posted. What Happened: Apatheticwhale suggested that although it takes time, traders should create numerous aged Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) accounts that appear to be owned by real individuals and are not connected.

Trader Who Made 'Giga Wealth' On Memes Reveals 'Mememillions Playbook,' Still Holds Most Of His DOGE

Major cryptocurrencies witnessed a drop on Monday as another top cryptocurrency company stared at an enforcement action by U.S. regulators. Cryptocurrency Gains +/- Price (Recorded 12:00 a.m.

Bitcoin, Ethereum, Dogecoin Dip After Robinhood Gets Wells Notice From SEC — Analyst Says ETHs Weak Fundamentals A 'Roadblock' For King Crypto

Billionaire entrepreneur Mark Cuban has publicly supported the confession of Billy Markus, the co-founder of Dogecoin (CRYPTO: DOGE). What Happened: Markus, who created the meme cryptocurrency Dogecoin in 2013, recently confessed on the X social media platform.

Mark Cuban Backs Dogecoin Co-Founder Billy Markus' 'S**t Posting' On X, Says 'Positive Trolling

A widely followed crypto strategist says one Dogecoin (DOGE) challenger is way ahead of its fellow altcoins. Pseudonymous analyst Cred tells his 624,100 followers on the social media platform X that he's bullish on the frog-themed memecoin Pepe (PEPE).

Trader Calls Memecoin One of Strongest Altcoins, Updates Outlook on Dogecoin and Three Other Crypto Assets

Cryptocurrency markets could not continue their uptrend initiated by surprisingly strong ETF data on Friday. What Happened: Major cryptocurrencies are trading lower at the time of writing: Prices as of 4 p.m.

Bitcoin, Ethereum, Dogecoin Lose Ground, Cannot Back Up Friday's ETF Flows Inflows: 'Bitcoin Is The Escape Hatch'

WIF is the only meme coin in the top 100 posting gains amid a broader crypto dip. Other popular meme coins are struggling to maintain momentum.

Solana's Dogwifhat Pumps as Bonk, Dogecoin and Other Meme Coins Lose Ground

A closely followed crypto analyst says it's time for altcoins to rally and predicts that one blue-chip memecoin will be a major beneficiary.

Analyst Predicts Rallies for Altcoin Market, Says Top Memecoin Has Fully Confirmed New Macro Uptrend

Elon Musk's Tesla Inc. (NASDAQ: TSLA) has officially incorporated Dogecoin (CRYPTO: DOGE) as a payment option, albeit with a specific limitation. What Happened: Tesla updated its payments page to include Dogecoin for merchandise purchases on its online platform.

Tesla's Dogecoin Adoption Sends Crypto Market Into Frenzy, Meme Coin Surges By Over 21%

A strong majority of Dogecoin holders are currently in the green, even at prices well below Elon Musk-led highs in 2021.

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