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Cryptocurrency News Articles
Rollblock (RLBK) Presale Surges Past $5 Million as Analysts Predict It Could Soon Eclipse Dogecoin (DOGE)
Oct 06, 2024 at 01:30 pm
As the Dogecoin price hovers around $0.108, analysts are buzzing with excitement about the potential of Rollblock. While DOGE has made a name for itself as a popular meme coin, RLBK is stepping into the spotlight with a much more practical purpose.
Dogecoin (DOGE) may have begun as a lighthearted joke, but today it’s a serious business. It’s no laughing matter. Even back in 2013, when it started, DOGE was meant as a fun alternative to Bitcoin. But dogecoin price is not a joke at all.
Dogecoin operates on a decentralized network that allows for fast and low-cost transactions. People also love DOGE for its community spirit and accessibility. It’s often used for tipping content creators online and for small transactions.
So, we know that the Dogecoin price is at $0.1087 – but in the last month, it grew amazingly by 10.54%. However, its all-time high of $0.1309 is still fresh in the minds of investors. Many are left wondering: can DOGE surpass that peak and become the best crypto to buy now?
Well, let’s find out.
Dogecoin (DOGE) started out as a joke cryptocurrency in 2013, but it quickly gained popularity and value. Based on the Shiba Inu dog meme, DOGE was created by software engineers Billy Markus and Jackson Palmer. It was designed to be fun and engaging, and it quickly became a favorite among crypto enthusiasts.
Despite being intended as a lighthearted parody of the cryptocurrency craze, Dogecoin’s community spirit and usefulness for small transactions and online tips drove its value up. It’s even used for payments at some businesses.
At the beginning of 2023, Dogecoin’s price saw a significant surge, largely fueled by integration with payments platforms like Plastiq and Surbtc, as well as Elon Musk’s tweets. It began the year at around $0.08, but by mid-February, it had climbed to over $0.12, marking a rise of over 50%.
However, the Dogecoin price faced some challenges later on. It encountered resistance at the $0.13 level and struggled to maintain momentum. The broader crypto market also faced difficulties, with several exchanges pausing withdrawals due to liquidity issues.
Despite the setback, Dogecoin remained in the top 15 cryptocurrencies by market capitalization, and its community continued to engage in activities like creating memes and organizing events. It also remained a popular choice for crypto payments, with several businesses accepting DOGE.
Overall, Dogecoin’s journey from a joke cryptocurrency to a valuable digital asset highlights the unpredictable and engaging nature of the crypto world, where anything can happen.
Dogecoin Surges Past Shiba Inu Coin, Ranking 13th by Market Cap
Dogecoin (DOGE) price maintained its bullish momentum on Monday, rising over 10% and briefly surpassing Shiba Inu (SHIB) coin to claim the 13th spot in the crypto top 10 rankings by market capitalization.
DOGE began the day trading at $0.1087, but a surge in buying interest saw the price quickly climb to as high as $0.1199 by early afternoon. This surge brought DOGE’s market cap to over $15.2 billion, temporarily placing it ahead of SHIB, which had a market cap of around $14.9 billion at the time.
The dogecoin price later pulled back from the highs but remained above the $0.115 level throughout the evening. This bullish price action saw DOGE outpace the broader crypto market, which was largely flat on Monday.
Several factors may have contributed to the renewed buying interest in Dogecoin. One possibility is the upcoming integration with payments platforms Plastiq and Surbtc, which will allow users to pay taxes, student loans, and other large payments with cryptocurrencies like DOGE.
Another potential driver could be the recent tweets from Tesla and SpaceX CEO Elon Musk, who mentioned Dogecoin in a post on Friday. Musk has previously shown support for the meme coin and his tweets can often influence crypto prices.
Moreover, the dogecoin price also appeared to benefit from a technical breakout on Monday morning. The price had been consolidating within a descending triangle pattern for the past few days, but a surge in buying pressure pushed DOGE above the triangle resistance line, triggering the breakout.
Overall, the dogecoin price surged on Monday, driven by several factors including upcoming payments integration, support from influencers, and a technical breakout.
DOGE Price Analysis: Meme Coin Surges, but Can It Break Past Resistance?
Dogecoin (DOGE) price showed signs of strength on Monday, surging by over 10% and ranking among the top gainers in the crypto top 100. However, the meme coin faced resistance at the $0.13 level.
DOGE began the day trading at $0.1087, but a wave of buying interest saw the price quickly rise to as high as $0.1199 by early afternoon. This surge
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- Lunex Network: A Cross-Chain Game-Changer in the DeFi Space
- Oct 06, 2024 at 04:25 pm
- Amidst the recent crypto market rally, The Graph (GRT) has shown signs of recovery, and Shiba Inu (SHIB) has seen a reasonable price increase. However, investors' confidence in GRT remains uncertain, and indicators suggest that a backslide in the SHIB price may be imminent. This has prompted smart investors to rotate their funds from GRT and SHIB to the new Lunex Network's revolutionized DeFi solution. Read on to learn more.
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- Worldwide [Coin Grading Services] Market Research Study
- Oct 06, 2024 at 04:20 pm
- The Global [Coin Grading Services] Market Report’s Major Market Analysis The extensive market analysis and research techniques used by industry specialists have produced the worldwide [Coin Grading Services] market report.
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- Neptune Finance Airdrop Alert: Secure Your Free Tokens Now!
- Oct 06, 2024 at 04:20 pm
- Looking to score some Neptune Finance airdrops? You're in the right place. Neptune Finance is a hot topic in the blockchain space right now, and for good reason. Airdrops are a fantastic way to get your hands on free tokens and be part of emerging projects. In this guide, I'll show you how to find these airdrops and make sure you don't miss out on any exciting opportunities. From understanding what Neptune Finance is to the specific steps needed to secure your airdrops, I've got you covered. Ready to dive in? Let's get started.
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- EOS Network Foundation Announces New All-Time High (ATH) in Total Value Locked (TVL)
- Oct 06, 2024 at 04:20 pm
- The EOS Network Foundation has announced today that the platform has achieved a significant milestone. The total value locked (TVL) on the EOS blockchain has surged to a new all-time high (ATH) of $272.16 million $EOS, surpassing the previous record of $263.03 million $EOS.