Altcoin Watch
Dogecoin’s price is climbing today, driven by the launch of a dedicated DOGE reserve and growing investor appetite for altcoins.
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Cryptocurrency Dogecoin (DOGE) News
Dogecoin (DOGE) is a cryptocurrency built around the popular “doge” meme featuring a Shiba Inu. Founder Jackson Palmer announced the project on Twitter in November 2013 as a joke. When friends and industry peers encouraged him to pursue the project, Palmer purchased the domain dogecoin.com and began building. He was soon joined by Billy Markus.
The founders believed that Dogecoin could be a more lighthearted and accessible introduction to cryptocurrency, as Bitcoin (BTC) had started to become stigmatized following the Silk Road debacle and mining had become increasingly unfeasible with consumer laptops. Palmer left the project in June 2014.
Dogecoin is based on Luckycoin (LKY), which is itself a fork of Litecoin (LTC). It features an inflationary monetary policy with no cap. The block reward is set at 10,000 DOGE per block per minute.
- Price Analysis
Bitcoin bulls press BTC price closer to a key resistance level as crypto markets rebound and investor sentiment improves.
3849 - Defined
By integrating with pop culture, gaming and digital media, this memecoin is reaching audiences outside the Web3 space.
11786 - Price Analysis
Bitcoin shows strength as the market awaits today’s FOMC minutes and comments from Federal Reserve Chair Jerome Powell.
4317 - Altcoin Watch
DOGE’s extremely oversold conditions hint at price reversals akin to its 400% price boom in 2024.
8503 - Price Analysis
Bitcoin bulls appear ready to make a run at the 200-day SMA, which could pull BTC price toward $92,000 and reinvigorate altcoins.
4829 - Price Analysis
Bitcoin’s recovery near $85,000 shows solid buying at lower levels, signaling that the downside may be limited.
6134 - Price Analysis
Bitcoin’s bounce off $76,606 is facing selling near $85,000, but there are early signs that the selling pressure could be reducing, and a bottom may be nearby.
4982 - Altcoin Watch
DOGE price is down 8% on March 11, and rejection from a major resistance zone points to a deeper correction in the short term.
1328 - Price Analysis
Bitcoin risks a fall below the critical $78,258 support, opening the doors for a further fall to $73,777.
11168 - Price Analysis
Bitcoin is trying to form a higher low at $85,000, but the recovery attempt faces stiff resistance at $90,000, signaling a tough battle between the bulls and the bears.
9768 - Price Analysis
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
5129 - News
NYSE Arca has filed paperwork that would enable the exchange to list the Bitwise Dogecoin ETF if approved by the SEC.
4420 - Price Analysis
Bitcoin’s sharp recovery is proof that dip buyers remain active at lower levels. Will altcoins follow?
5769 - Price Analysis
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
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