Dogecoin

DOGEUSD BINANCE
DOGEUSD
Dogecoin BINANCE
 
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Trading Volume 24h
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History of DOGEUSD

Important events

Aug 012022

Are memecoins a thing again?

As crypto enjoys its fourth straight week of gains, hinting at the thawing of the most recent crypto winter, investors are enjoying the risky side of life again.

  • Active Dogecoin addresses have boomed by nearly 265% in the last two months alone. It’s possible that the attention is partially thanks to excitement around the release of Dogecoin Core 1.14.6 on July 21, but worth noting that DOGE prices themselves have remained muted despite all that, trading almost completely flat for the last two months.
  • Another doggy-themed coin is getting a petting as well. According to WhaleStats, Ethereum whales have been upping their Shiba Inu holdings from $736k to a whopping $5m – up nearly 580% in just 24 hours – but its prices too have been trading at relatively horizontal levels the past few months.
  • Is a new altcoin season upon us? Well, some analysts seem to think so after seeing data from CryptoQuant suggest significant on-chain altcoin action by whales across several exchanges in the last few weeks. In addition, a lower-than-expected rate hike from the Fed boosted the entire industry last week, perhaps increasing investors’ risk appetite.
regularguy.eth / Unsplash

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Jul 222022

Doge goes to the groomers

Dogecoin gets an upgrade to iron out some pesky problems, but it’s not enough hype to lift it above a key line in the sand, price-wise.

  • Dogecoin Core 1.14.6 launched on Thursday, fixing security issues, as well as making modifications to its fee structure. On GitHub, a checklist elaborated on some of these changes, helps protect wallet users with upgrades, with the three biggies being: fixing a known Bitcoin vulnerability, making the Dogecoin Core wallet cheaper, and improving wallet protections during upgrades.
  • Of course, Elon was on the sidelines cheering his favorite pooch on, tweeting “Upgrades!” – just in case people failed to notice that’s what the press release said. While his influence over DOGE has certainly waned since his SNL appearance last year that marked the top for DOGE, the Tesla CEO confirmed this week that the automaker is still holding all of its Dogecoin.
  • DOGE was actually down a morsel-sized 0.3% on Thursday. The token is currently sitting under its 200-week moving average, failing to break through it twice in the last month. Currently, the line in the sand is drawn at $0.0725, but the memecoin will likely need the wider crypto market to continue upwards if it has a chance of crossing it.
regularguy.eth / Unsplash
Jun 172022

Elon in the dogehouse

This week’s headlines may’ve been dominated by inflation and rate hikes, but it seems Elon Musk’s is well on way to getting #trending title back. Where do we start?

  • Elon Musk’s gotten himself on the wrong side of the law, apparently. The Technoking, as well his companies SpaceX and Tesla, have been hit with a $258bn ‘pyramid scheme’ lawsuit over Dogecoin. The meme currency fell 12% on Thursday, now down 92% from its ATH, and Tesla tumbled 8.54% – though that was partly thanks to a report saying the automaker was raising prices.
  • They’ve been accused of "promoting Dogecoin to profit from its trading". The self-proclaimed Dogefather was a massive promoter of the coin on social media, even touting payment in Doge for SpaceX and Tesla items, resulting in a dramatic rally for the token last year. The suit essentially claims Doge has no value at all and Elon did it all for lolz. Woof.
  • The billionaire also caused a stir at Twitter HQ as well. Addressing employees for the first time since his $44bn bid to buy the company, Elon warned staffers that the business needs to “get healthy” and see a “rationalization of headcount and expenses''. He still seems keen to go ahead with the buy tho, despite shares trading significantly lower than his purchase price rn.
Lucas Quaresma / Unsplash
Apr 292022

Whales be manipulating

After Elon Musk’s purchase of Twitter, pods of whales are back on the exchanges buying up Doge.

  • Transactions above $100k on exchanges have reached a four-month high, with 2.4k recorded earlier this week. This would not be so surprising if Bitcoin and the wider market were making bullish price confirmations and carrying DOGE along with it, but currently, it’s been in a Bart Simpson sorta mood.
  • So, why are whales buying now? Well, Elon’s purchase of Twitter could v well lead to an adoption of Dogecoin on the platform, so whales will be wanting to stuff their wallets before a big price move. As the ‘ole crypto adage goes – buy the rumor, sell the news.
  • DOGE had the zoomies this week. The canine coin pumped almost 20% on Tuesday, only to fall 13% on Wednesday. It has, however, consistently held its price above $0.10 since its famous April 2021 breakout. With Elon-mania in full swing, whales are probs looking for the next leg up.
Thomas Kelley / Unsplash
Apr 262022

Like a dog with two tails

The Dogefather bought Twitter, so naturally the Elon Musk-pegged token is absolutely pumping – though not all have been so lucky.

  • Dogecoin sprinted ahead by almost 20% on Monday in its best day since mid-December after it was announced that the self-proclaimed Dogefather has spent $44bn on buying Twitter; and related joke-coin Shiba Inu broke its 6-day losing streak on the news. Woof.
  • What does it mean for Doge? Well, the community reckons the buyout will mean crypto gets more integrated into the platform, with a likely preference for Doge – that’ll send its utility abilities soaring, probs taking prices along for the ride.
  • Meme coins may be chuffed, but some aren’t so excited. The SPAC taking Donald Trump’s Truth Social public (DWAC) saw prices plunge 12% on the news – the app was leaning towards being a right-wing haven, which Twitter could easily become instead now that Elon is at the helm and touting free speech ideals.
Apr 052022

The dogs remain on a short leash

DOGE is up, which can only mean that the self-proclaimed Dogefather has been getting busy (to say the least).

  • DOGE flew up 10% in 45 minutes to reach $0.15 after news that – yep, you guessed it – Elon Musk now holds a 9.2% stake in Twitter, worth around $3bn. It’s Doge’s biggest price move since – oh look, you guessed it again – Elon announced in January that Tesla would accept DOGE payments for merch.
  • The meme coin will be pining for a return to its honeymoon period with Musk, who helped raise the coin to a brief and bizarre (even for crypto standards) $0.74 on May 18, 2021. Now the largest outside shareholder in Twitter, Elon could use the social media giant to rekindle the coin’s popularity once more.
  • Clearly, Dogecoin still only wags its tail when Elon’s home, though his impact appears to be waning as time goes on. Although the Twitter news may encourage investors, the coin has yet to show any clear sign of breaking its slump downwards from its $0.34 high on Oct 28.
Kanchanara / Unsplash
Mar 252022

Doggy themed ATMs on the way

Doggy ATMs are on the way to the US, and no, we don’t mean holes in the wall that dispense puppies – though how cute would that be.

🔍 Key points:

  • Doggy-themed meme coin Dogecoin leapt up by nearly 6% on Thursday for its fourth straight day of gains, now up over 13% for the week to be on track for its best week in two months.
  • The boost came from the addition of Dogecoin to crypto ATMs. Private fintech company Bitcoin of America “recognized the growing popularity” of Doge and added the token to its 1.8k BTMs (Bitcoin ATMs) across America.
  • It probs isn’t a major breakthrough for the coin, but it’s definitely a win and significantly ramps up access to the token. Any move that expands a crypto is gonna be beneficial to the token as it helps legitimize it as a method of financial transaction.
Andre Tan / Unsplash
Feb 212022

Doge gets ditched by a core developer

Dogecoin sells off after “overwhelming stress” leads one of its core developers to leave the project, though news from the Dogefather helps a slight recovery.

Key points:
  • Ross Nicoll will be stepping away from the Dogecoin Foundation in a surprise move that sent Doge down nearly 7% on Thursday. Nicoll said he’d stay on as an advisor but found the stress of being involved fully in the memecoin to be overwhelming.
  • It caused much chatter on Twitter from investors who can’t see a path forward for the coin, with some calls to stop buying Doge – rival dog coins like Shiba Inu (SHIBUSD) have been working on plans to enter the Metaverse, and investors want to know when they’ll get a clearer idea of when Doge will up its game.
  • News from Elon sent prices on a mild recovery on Saturday. The Tesla (TSLA) boss said that the company's supercharging station will accept Dogecoin as payment, as will its upcoming futuristic diner and drive-in theater.

Stop buying the meme coin❤

Jan 242022

Memecoin investors stop laughing

Joke coins are among last week's biggest crypto losers as the laughter fades away into a sea of red.

  • Dogecoin dug its way down 10% in Monday morning trading after sinking 20% last week in its worst seven-day run since September, and Shiba Inu (SHIBUSD) staged its worst weekly sell-off since May with a 26% decrease.
  • Speculative assets are getting the sack. While joke currencies were “good examples of speculative excesses” in crypto, the market is being “cleansed of this silliness” in preparation for monetary policy tightening, says Bloomberg analyst Mike McGlone.
  • Dog coins aren’t the only jokers sobering up. Both AMC (AMC) and GameStop (GME) saw steep declines last week as investors steered towards safer bets.
Illustration by TradingView
Jan 172022

Doge gets a belly rub from Papa

Self-proclaimed Dogefather Elon Musk sends shares spiking with a tweet.

  • Dogecoin jumped over 25% in Friday morning trading before dropping back down and closing the day up nearly 7% to cap off a week of 17% gains.
  • Musk tweeted that Tesla (TSLA) is now accepting Dogecoin for merch – a step that investors have been keenly waiting for.
  • The non-Dogecoiners of the world were not happy. They argue that his favoritism means a joke currency now has more institutional adoption than the OG Bitcoin (BTCUSD).

Price vs. tweet

Dec 212021

It’s a Dog(e)fight to the death

Dogecoin loses out to crazy crypto community Dogebonk, which just became the first memecoin 'in space'. By hitching a ride on a balloon. We'd already been up there first back in August, but not with a memecoin so, whatever.

  • Scrappy underdog Dogebonk launched on a weather balloon to reach 90k feet on Sunday night, beating rival Dogecoin.
  • A community-led project on the Binance Smart Chain Network, the currency is only two months old but it’s already made waves, especially through its high-profile public attacks on rival memecoin Shiba Inu.
  • “The BonkSquad” claim to be “carrying the torch lit by the original Dogecoin.” But that doesn’t seem to be helping Dogecoin much, which fell 1.5% on Monday.

What a journey. We are officially the first meme coin in space 🚀🚀

Dec 142021

Dogefather approval

Doge gets a dramatic boost after the Dogefather comes through with a merch deal.

  • Doge spiked 24% in a few hours on Tuesday to its highest price since the start of December after an Elon Musk tweet gets the market moving.
  • Tesla will accept Dogecoin as payment for some of its merchandise.
  • He says Doge is a better option than Bitcoin as a transactional currency, praising the coin in his interview with TIME Magazine for Person Of The Year.

Tesla will make some merch buyable with Doge & see how it goes

Nov 112021

Doge to the moon (literally)

The Dogefather gives the phrase “I love you to the moon and back” a whole new meaning.

  • A Doge moon mission is set to launch in early 2022, powered by SpaceX and funded entirely by Dogecoin.
  • SpaceX has partnered with two blockchain companies to help build the blockchain-based satellite that will go orbital.
  • The satellite gives Doge an avenue into real-world adoption and shows how crypto could lay the “foundation for interplanetary commerce.”
Nov 012021

Has Doge lost its dazzle?

Crypto transaction revenue was down across the board in Robinhood’s latest earnings report, but Dogecoin specifically seems to have lost investor interest – only 40% of Robinhood’s crypto transaction revenue came from the dog themed currency, down significantly from the 62% it was responsible for in the second quarter. Total crypto revenue was up 860% from the same period the year before, but down 78% from Q2 as crypto trading in general has slowed down. Only 8% of the online brokerage’s total net revenue in Q3 was thanks to Doge, down from 32% in the previous quarter.

Doge lifted almost 38% in October.
Illustration by TradingView
Oct 252021

Musk dismisses the Dogekiller

Self-proclaimed Dogefather Elon Musk gives his favorite dog-themed crypto some affirmation on Sunday, confirming that Doge, Ethereum and Bitcoin are the only digital assets he owns. When asked how much Shiba Inu the billionaire holds, he replied “none” despite his real life Shiba Inu puppy prompting a rally in the dog-themed joke coin earlier this month, proving once and for all where his loyalties lie – Shiba Inu has been called the “Dogekiller”by creator Ryoshi, who claims the token has the potential to overtake Dogecoin. Apparently not everyone agrees.

Dogecoin lifted 11% on Sunday.

None

Oct 182021

New Doge developments could prompt a rally

Dogecoin is up 10% in Monday morning trading, and analysts think the meme currency could pop 500% to 1000% if it clears $0.24, boosted by two key upgrades.

Dogecoin has two big developments on the horizon, and excitement is pushing prices up to start the week even as Doge closed Sunday down nearly 70% from its early May highs. Doge fans are anxiously awaiting a new upgrade to the Doge ecosystem that will lower transaction fees – which Dogefather Elon Musk has already noted as vital to Doge’s future mass adoption, calling the upgrade “important”. Musk has also previously mused about combining Ethereum and Dogecoin features, saying:

There may be some merit in combining something like Ethereum and Dogecoin. Bitcoin by itself simply cannot scale to become the monetary system for the world at base layer.

It seems developers took that to heart, because the other update on the way is an Ethereum (ETHUSD) bridge that would make mass adoption of Dogecoin much easier. A bridge between the two means that Doge can be integrated with Ethereum-based NFT platforms like OpenSea in order to “greatly increase its utility”.

Given the new developments and the way the charts are presenting, analysts think the meme coin could be on the way to a massive bull run and could soar up to 1000%. Justin Bennet, cryptocurrency analyst and founder of Crypocademy HQ, said:

$DOGE just needs to take out that area above 0.24. Do that, and a multi-month rally begins, IMO. Probably 500 - 1,000% of upside if it confirms.

Dogecoin is up 10% in early Monday morning trading, hitting highs of above $0.27 after closing Sunday just under $0.24.

$DOGE just needs to take out that area above 0.24.

Do that, and a multi-month rally begins, IMO.

Probably 500 - 1,000% of upside if it confirms.

#dogecoin

Oct 112021

Is Doge ready for a rally?

Dogecoin has been up and down like a yo-yo, lifting at the start then losing 7% before ultimately closing the week up 3.27%. A rally could be on the way though, because analysts have been looking at the charts and current patterns are mirroring those from the assets' April breakout. Top crypto strategist and trader Justin Bennet tweeted:

The last two breakouts triggered gains of 1,000% or more.

$DOGE doing what it does best.

The last two breakouts triggered gains of 1,000% or more.

The latest round of consolidation has lasted three times longer than the pattern that preceded the April breakout, which was good for 1,200%.

One to watch if $BTC behaves.

#DOGE #dogecoin

Oct 072021

Dogecoin comes face to face with a Death Cross

Doge’s daily chart shows the emergence of a Death Cross, and investors worry that a correction is on the way.

Dogecoin ended Wednesday down just under 5% in early Thursday morning trading after its daily chart showed doom on the way – the chart showed a Death Cross on Wednesday when the tokens' 50-day simple moving average (SMA) crossed below its 200-day SMA. This bearish signal has got people nervous that a correction of up to 15% could be on the way, unless Doge manages to lift its prices above the 50-day SMA at $0.254.

Dogecoin is down 4.95% in early Thursday morning trading after closing Wednesday at $0.25533.
Oct 062021

AMC dives into Doge

After teasing the people with plans to start accepting Dogecoin, AMC is diving in and will now accept Dogecoin for digital gift cards – sending Doge up 4.23%.

AMC has taken its first step towards Doge acceptance after its CEO Adam Aron said the company might have to figure out how to add Doge following overwhelming demand. Aron tweeted on Tuesday that customers can now buy AMC digital gift cards with Dogecoin and other cryptos using their BitPay Wallet. This is a big step forward for Doge on its journey towards mass adoption, and prices lift 4.23% on Tuesday.

Huge news Dogecoin fans! As we work to accept online crypto payments, now you can buy
@AMCTheatres
digital gift cards (up to $200 per day) with Dogecoin and other cryptocurrency using a BitPay Wallet. Accepted on our web site, mobile app, and in theatres. https://bitpay.com/directory/gift-cards

Oct 052021

Musk makes the market swoon

Dogecoin spiked nearly 9% on Monday on excitement about a new tweet from Musk showing off his Shiba Inu Floki.

Dogefather Elon Musk sent the joke currency swooning 9% on Monday after giving the world another look at his adorable Shiba Inu puppy, Floki. The technoking tweeted a photo with the caption “Floki Frunkpuppy” in the early hours on Monday morning, and prices immediately gained over 4% and continued up through the day. Floki is one popular pup, and fans have even started an entire cryptocurrency for the dog called Floki, which saw dramatic gains on Monday.
Dominik Schröder / Unsplash