Category: Dogecoin

DOGE to the SAFEMOON as Meme Coin Reaches 1 Million Twitter Followers

Post author By Crypto News Guest Authors
Post date May 1, 2021

Both Dogecoin (DOGE) and SafeMoon (SAFEMOON) have recently hit their all-time highs as social media and search volumes continue to soar.

These coins are considered “meme coins” because they currently have minimal intrinsic and utility value. Their value is purely speculative with people buying in expecting to sell at a higher price.

DOGE Reaches 1 Million Followers on Twitter

A massive milestone just achieved for Dogecoin reaching 1 Million followers on Twitter. While Safemoon’s following is also booming as it reaches over 450k followers on Twitter – growing on average +13,370 per day.

wow pic.twitter.com/TMLsEGqdDD
— Dogecoin (@dogecoin) April 29, 2021

Safemoon, the next Dogecoin?

Hype coin Safemoon is a new project that has entered the space and is similarly using the power of popularity on social media to push their agenda online through word of mouth promotion. The very clever and deliberate choice of name alone shows Safemoon’s well thought out PR strategy, targeting the meme crypto culture perfectly and appealing directly to the specific type of investor they are trying to attract: Integrating the most popular emoji in cryptocurrency; the Rocket, so seamlessly, as if it was made just for them.

Safemoon’s Daily Twitter Growth – source

Show them who we are! 🚀🌕
— SafeMoon (@safemoon) April 28, 2021

Safemoon positions themselves as the people’s crypto, adopting a deflationary model like the King of all Coins; Bitcoin, while also being cheap and accessible like Dogecoin. Safemoon encourages buyers to HODL by rewarding holders 5% of the cash earned from sellers; while discouraging sellers by penalising those who cash out 10%. Safemoon have carefully created their supply with built in marketing. Token burns, decrease the supply and ultimately shoot up the price, increasing the popularity and therefore the value of the coin. Safemoon is currently the #1 most searched cryptocurrency on CoinMarketCap, surpassing Dogecoin, which has been bumped to #2.

Elon Tweets DOGE Again

The Dogefather
SNL May 8
— Elon Musk (@elonmusk) April 28, 2021

As news keeps coming and Elon keeps Tweeting, waves of people FOMO in hoping for a moonshot. People flock like sheep to buy more Dogecoin, as once again the coin gains momentum, turning the charts green as it heads back up towards it’s all time high.

On April 28 Elon Tweeted “The Dogefather SNL May 8”, referring to his upcoming hosting spot airing on “Saturday Night Live”. The tweet has already received over 330K Likes! As could be expected this has resulted in Dogecoin pumping as traders bet on a price surge of the meme-based crypto after mass television audience attention.

Caitlin Carey – Crypto News Guest Author

Bitcoin Dogecoin Ethereum Market Analysis

Crypto Markets Outlook – 100 Day Performance DOGE, UNI, BTC, ETH

Post author By Crypto News Guest Authors
Post date April 30, 2021

Source: Coin Metrics Network Data Charts

There are many indications that we’re still in a crypto bull market, so let’s take a look at some popular coins and how they have been performing.

Which Coin Won The Last 100 Days?

The last 100 days have been a turbulent period for crypto enthusiasts. There have been some coins that delivered phenomenal returns, while others have been less impressive. Let’s compare some of the big players.

Source: Coin Metrics Network Data Charts

$100 worth of the relative safety of Bitcoin (BTC) puchased 100 days ago is now worth $135, not too shabby compared to bank interest and government bonds.

$100 worth of Ethereum (ETH) purchased 100 days ago is currently worth a more exciting $186 today driven largely by the explsion in NFTs.

Meanwhile, $100 worth of Uniswap (UNI) has rocketed to $401 in the past 100 days as traffic to the platform continues to grow.

But the real winner of the past 100 days is Dogecoin (DOGE), which would have seen $100 multiplied to a whopping $2,742 during the same timeframe. Such returns are not even considered feasible by those that invest in stocks or other ‘real world’ commodities.

Dogecoin’s Long-term Prospects

For Dogecoin investors there is a significant probability that the coin may retrace its spectacular recent run. Many serious crypto thinkers believe it to be something of a joke that does not deserve its multi-billion dollar market cap. But occasionally markets behave strangely as the past 100 days shows. A single tweet from Elon Musk can send the Dogecoin price vertical. Its value is not based on solid fundamentals or impressive whitepapers, it’s a vehicle for those enjoy memes and don’t take life too seriously.

Jackson Byrne – Crypto News Guest Author

Tags Uniswap

Crypto News Cryptocurrencies Cryptos Dogecoin

Mark Cuban talks about Dogecoin on the Ellen Show, with 2.6 Million Viewers

Post author By Caitlin Carey
Post date April 29, 2021

Mark Cuban told Ellen that he accepts the Dogecoin cryptocurrency as payment for his Mav’s basketball team merchandise and suggested she should do the same for her Ellen shop.

“Should I buy some Dogecoin?” is possibly the most popular question coming from the mouths of noobs looking to get into crypto over the past several weeks and months. And with Mark Cuban telling the 2.6 million viewers on the Ellen show to go buy DOGE, will surely help its poularity grow.

Today, @MCuban taught me about #Dogecoin. I'm still not sure I understand it, or know how to pronounce it, but it sure is fun to say. pic.twitter.com/QsljsPAMky
— Ellen DeGeneres (@TheEllenShow) April 27, 2021

Dogecoin Started as a Joke

The meme coin that started off as a joke, has performed insanely well, much to the surprise of the more serious crypto investor. Dogecoin has climbed into the top cryptocurrencies on CoinGecko, currently sitting at #7 under well known majors; Bitcoin, Ethereum, Binance coin, Ripple and Cardano.

It went from being a crypto currency joke, to now becoming something that’s becoming a digital currency.
Mark Cuban

Dogecoin was created in 2013 by software engineers Billy Markus and Jackson Palmer, as a payment system free from traditional banking fees. Since, it has gained a huge online following and made headlines again recently by hitting it’s all time high of 0.40c per coin, rising over a whopping 450% in value over just one week.

Cryptocurrency is just an asset to invest in. Bitcoin is like a digital version of Gold, Ethereum is a digital version of a currency and then you’ve got Dogecoin… which is just fun!
Mark Cuban

Is Dogecoin a Good Investment?

Because Dogecoin started as a joke and has limited utility, some might say it’s not even an investment at all. However, it certainly has strong branding and provides a great way to introduce new people into the cryptocurrency space.

We’re seeing some shops have starting accepting DOGE as payment, such as merchandise on the Dallas Maverick Store, owned by Mark Cuban. And with such a strong meme presence and an army of famous ambassadors such as Elon Musk and Snoop Dogg shilling the project on social media, love it or hate it; Dogecoin is here to stay.

Caitlin Carey – Crypto News Guest Author

Tags crypto, cryptocurrency, Dogecoin, ellen show, mark cuban, meme coin

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SAFEMOON and DOGE Both Drop 50% As Market Plunges By Half a Trillion

Post author By Cristian Lipciuc
Post date April 27, 2021

Two cryptocurrencies that have been widely discussed in recent months are Dogecoin (DOGE) and the much more recent Safemoon, a token which purportedly protects everyday investors from whales dumping a few months after buying in at low prices – a move which has left over 1000 cryptocurrencies more or less dead in the water so far.

The company behind Safemoon attempts to do this by putting in place a steep 10-12% fee for selling or trading the token, half of which is redistributed to remaining holders.

Dogecoin, on the other hand, was created as a joke – but it’s popularity has skyrocketed in the past few months due to promotion by high-profile figures like Elon Musk and Snoop Dogg.

Both cryptos, however, have taken a tumble recently.

Market Cap Bogged Down By Bearish Traders

During a bearish swing that wiped nearly half a trillion USD off of the total market cap of all cryptocurrencies combined, the market caps of these 2 “internet darlings” suffered their fare share of losses.

Whole market is in the dip so dont blame #SAFEMOON pic.twitter.com/a0t4RlBXFN
— Hasnain Raza (@Hasnain_955) April 25, 2021

According to Susannah Streeter – a senior investment and market analyst at Hargreaves Lansdown – predicting the moment whales decide to cash out and leave you holding the bag is quite difficult.

Much of the demand has come from traders hoping to benefit from future price rises rather than using the coins or tokens as a means of exchange. Predicting the point at which demand subsides and prices begin to fall is very difficult, if not impossible, and people risk getting their fingers seriously burnt.
Susannah Streeter [The Sun]

Worth around $0.054 on the 1^st of April – which is still a massive increase compared to the price Dogecoin had at the beginning of the year – DOGE’s price increased nearly tenfold to $0.407 on the 19^th of April before hitting a low point of $0.215, 4 days later. In the meantime, the price of DOGE has started slowly climbing again.

The same cannot be said of Safemoon though. After peaking at $0.000014 per token early last week, the price of Safemoon hit 0.000004 on the 23^rd of April. The price then showed signs of recovery for 2 days, before starting to drop again.

Although cryptocurrencies have always been “high risk/high reward”, the drop of these two cryptocurrencies should remind us all to take the time to research the cryptocurrencies we intend to invest in, regardless of how much praise they get by internet forum users.

Crypto.com Dogecoin NFTs

Trade Dogecoins to Win $50k Cash and DOGE NFT Prizes on Crypto.com App

Post author By Robert Drage
Post date April 21, 2021

Following the success of the previous DOGE Treats campaign, Crypto.com announced they’ve launched a second: the DOGE Treats Extravaganza, with 10x the prizemoney to be won.

All Crypto.com App users are eligible to participate and win a share of the USD 500,000 prize pool, where they will give away USD 100,000 of DOGE and exclusive DOGE NFTs every week until 21 May 2021.

Crypto.com “DOGE Treats Extravaganza” campaign schedule

Doge Rules?

As detailed in Crypto.com official blog:

Trade (Buy/Sell) at least $100 USD of any DOGE pair in the Crypto.com App during the weekly campaign periods and become an eligible participant.
1 Eligible participant will be selected by lucky draw and receive $50,000 USD and 1 exclusive DOGE NFT.
999 eligible participants with the highest number of DOGE Points during each campaign period will receive DOGE prizes.

Prizes are tiered depending on how many DOGE points a participant accumulates during each period.

Crypto.com “DOGE Treats Extravaganza” prizes

Doge Not Frightened By The Bears

While Dogecoin also suffered a dip, its fall was trivial compared to the rest of the market. By midday, DOGE had recovered and went on to post 12% gains by the end of the day.

Dogecoin, boosted by the likes of Elon Musk and Mark Cuban, rallied more than 110% last Friday before dropping by 26% on Saturday, according to CoinMarketCap. It now has a market value of more than $36 billion and is still up 13,400% from a year ago, when it traded for $0.002 and was worth about $250 million.

Some consider DOGE as just a meme coin however, the community sees itself more as detached from the crypto norm, trying to make the bland world of money a bit more humorous, vibrant, and friendly. The internet currency has now recently gone through use cases where it has performed well.

To kinda quote a movie "Doge keeps going up, but our pricing at https://t.co/F0mbQjy21C stays the same". We just set a 24 hour record for Merch Sales in Doge ! 🚀🚀🚀 Put that Doge to work ! https://t.co/F0mbQjy21C https://t.co/JmZfOpkPgH
— Mark Cuban (@mcuban) April 16, 2021

Crypto News Dogecoin Market Analysis Trading

Dogecoin Just Surged 90% in a day, But Why?

Post author By Malik Junaid
Post date April 15, 2021

Dogecoin is trading in an active uptrend and strong trading volume today, like many other altcoins. The cryptocurrency DOGE just went up +90% in a single day and surges over +125% in a week and +6450% in a year. Let’s take a quick look at the Dogecoin price analysis and possible reasons for the recent breakout.

What is Dogecoin?

Dogecoin (DOGE) is based on the popular “Doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013.

Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favourite coin.

Literally pic.twitter.com/XBAUqiVsPH
— Elon Musk (@elonmusk) February 24, 2021

DOGE Price Analysis

At the time of writing, DOGE is ranked 10^th cryptocurrency globally and the current price is $0.1716 AUD. This is a +125% increase since 7 April 2021 (a week ago) as shown in the chart below.

Source: TradingView

After looking at the above 1-day candle chart, we can clearly see that Dogecoin was trading sideways on a DOGE/USDT pair. The first resistance was on the $0.0954 AUD price levels which DOGE broke with a strong bullish trend buying volume and is now heading towards current resistance at $0.1705 AUD after making a new all-time high price today. As other altcoins are waking up bullish today, DOGE might continue the uptrend with its hype going around.

Source: TradingView

The two green lines that appear in the graph represent the previous resistance and support levels of DOGE/USDT relate to previous bull run from early February.

What do the Technical Indicators say?

The Dogecoin TradingView indicators (on a 1 day window) mainly indicate DOGE as a buy, except the Oscillators which indicate DOGE as a neutral.

So Why did DOGE Breakout?

General market sentiment seems to suggest cryptos are in the middle of the bull run season, which could have contributed to the recent breakout. Another reason for this sudden pump in price could be whales secretly buying Dogecoin for the next altcoins rally.

Also, a Miami nightclub recently announced they accept Dogecoin enabling payments in crypto. E11EVEN MIAMI, the award-winning 24/7 ultra club located in the heart of Downtown Miami, is one of the first major nightclubs in the USA to accept cryptocurrencies as a form of payment and Dogecoin is also into the list.

Just remember, some of y’all could have put $1,000 into #dogecoin 4 months ago and today you would have had $38,000.
— BEN BALLER™ (@BENBALLER) April 14, 2021

Recent DOGE News & Events:

8 February 2020 – 4-Way Fork
28 April 2020 – Tidex Delisting
10 July 2020 – Bitfinex Listing
08 September 2020 – Dogecoin Listed in WhiteBIT

Where to Buy or Trade Dogecoin?

Dogecoin has the highest liquidity on Binance Exchange so that could help for trading DOGE/USDT or DOGE/BTC pairs. However, if you’re just looking at buying some then Swyftx Exchange is a popular choice in Australia.

Crypto News Dogecoin NFTs Sports Worldwide

Crypto.com to Launch an NFT Platform Featuring Celebrities in Music and Sports

Post author By Ibiam Wayas
Post date March 24, 2021

Popular digital currency exchange and trading platform, Crypto.com is venturing into the non-fungible token (NFT) market.

The exchange announced on Tuesday that it’s launching a NFT marketplace, which will exclusively feature content from celebrities in different industries, including sports and music. Noteworthily, this follows the growing interest and boom in the NFT market.

Crypto.com Collaborates with Snoop Dogg, Aston Martin, and Others

The Crypto.com NFT marketplace is launching this Friday as an invite-only platform, per the announcement. It’s basically aimed at delivering unique and compelling content. Hence, the exchange partnered with celebrities in sports, athletics, music, and art for the inaugural contents on the soon-to-launch NFT marketplace.

The partners include Snoop Dogg, Aston Martin Cognizant Formula OneTM, Klarens Malluta with Lionel Richie, Axel Mansoor, Bag Raiders, BossLogic, and many others. The crypto exchange intends to collaborate with more mainstream artists in the coming weeks.

First F1 Team to Join the NFT Market

The partnership with Aston Martin Cognizant Formula One Team comes as they are planning to return to F1 racing after 60 years.

We’re excited to be the first Formula 1 team to offer a new way for our fans to own a piece of our history. The collection of NFTs we’re making available capture the very first moments of our return to F1 after more than six decades
Jefferson Slack, Managing Director at Aston Martin Cognizant Formula One Team.

Meanwhile, Crypto.com noted in the announcement that the NFT platform would be open to both users and non-users of the exchange. Among other things, the platform will allow collectors or the celebrities’ supporters to purchase or sell their NFTs using over 20 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and Dogecoin (DOGE).

Crypto Exchange Dogecoin Press Release

Bexplus Provides Free 100,000 DOGE & Double Deposit For New Users

Post author By Crypto News Australia
Post date March 17, 2021

To help traders get more cryptocurrencies, Bexplus, the leading crypto derivatives exchange, launched 2 events for new users.

1.Get 100,000 Dogecoins for free. (As long as you are a new user who tops up 0.02 btc during the event, you can get 1,000 Dogecoins for free. As long as you make a profit for 3 consecutive days, you can get 10,000 Dogecoins.) View the event details and get it

2. 100% deposit bonus. (If you deposit 0.1 BTC, 0.2 BTC will be credited to your account. Each user can get up to 10 BTC per deposit.)

Bitcoin’s high volatility had made a comeback and currently presents more opportunities for traders to make profits. Taking advantage of the price swings and leverage offered by brokers, trading can easily generate 100% or even 1,000% ROI.

It’s important to point out only traders who know what they are doing can get to these returns consistently.

How Does Leveraged Trading Work?

Assume we use 1 BTC to open a long contract when Bitcoin is trading at $10,000. Please note that with 100x leverage, 1 BTC can open a contract worth 100 BTC.

One day later, the price of Bitcoin increase to $10,500.The profit will be ($10,500 – $10,000) * 100 BTC/$10,500 *100% = 4.76 BTC, making the ROI 476%.

Now, with Bexplus’ 100% bonus, our initial investment would be 2 BTC, and our realized profit made with these 2 BTC will be 9.52 BTC, and the ROI will also be doubled to 952%.

With leverage, it’s important to be vigilant, as returns can be outstanding, but liquidations are easier if the price moves down.

Why choose Bexplus?

Bexplus is a leading crypto derivatives platform offering 100x leverage in BTC, ETH, EOS, LTC, and XRP futures contracts. Headquartered in Hong Kong, Bexplus is trusted by over 100K traders around the world, including the USA, Japan, Korea, and Iran. No KYC, no deposit fee, traders can receive the most attentive services, including 24/7 customer support.

No KYC

No KYC protocol is strictly carried out throughout every process. Registration only requires email confirmation and only takes a minute. Bexplus provides services to traders from 30+ countries, including the USA, Japan, Korea, and Iran.

Demo account with 10 BTC

To help traders better familiarize themselves with leveraged trading, Bexplus has launched a trading simulator. There are 10 replenishable BTC in the demo account for traders to practice as much as they like, without taking any risks. You can also learn to analyze the market and use the tool-kit with the demo account.

24/7 withdrawal and 24/7 customer support

You can submit a withdrawal request anytime you want. You can have your deposits back in as fast as 30 minutes during work hours. If you encounter any problems when using Bexplus, you can contact customer support via different channels, such as e-mail and live chat.

BTC wallet: up to 21% annualized interest without any risks

If you want to take a short break from trading, the Bexplus BTC wallet can help you generate juicy profit without trading. With up to 21% APY, it is no doubt one of the most profitable rates in the industry. While most lending platforms require traders to deposit at least 1 BTC, traders can make a deposit starting from 0.05 BTC on Bexplus.

Come on , Join Bexplus to get free Doge and double deposit!

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Kessler Collection Hotels To Accept Crypto Payments

Post author By Cristian Lipciuc
Post date March 15, 2021

A luxury hotel chain based in the USA, Kessler Collection has announced that they will be accepting payments in cryptocurrencies going forward.

The Doges Have Been Let Out Again

For starters, four stablecoins, Bitcoin and Ethereum will be available as payment methods, as well as, somewhat surprisingly, Dogecoin.

Although Dogecoin was regarded as a joke for most of its existence, Elon Musk has taken the altcoin whose most memorable appearance prior to this was appearing on a Ford car at a rally.

The announcement comes in the wake of the partnership formed with BitPay, which will take care of the payment processing part of the transaction.

Sonny Singh – the Chief Commercial Officer of BitPay – praised the initiative, commending Kessler Collection for their acceptance of innovative technologies and payment methods.

“The Kessler Collection is one of the premier luxury hotel groups and is being very innovative and catering to their customers by allowing them to pay in Bitcoin and cryptocurrency. Bitcoin payments are cheaper than credit cards and help international travellers make payments easier.”

In turn, Richard Kessler – the chairman and CEO of the luxury hotel chain – motivated his company’s decision to accept cryptocurrency, stating that he believes the acceptance of crypto will only go up from now on – and that his business intends to get in on the action early.

“This as one of the most innovative concepts in the hospitality industry right now. I believe cryptocurrency is only going to gain acceptance and partnering with BitPay allows us to offer more choices in the payment process.”

Cryptocurrencies in tourism aren’t necessarily something new – in fact, certain airlines and travel agencies have been in the business of Bitcoin since as far back as 2013 – however, a luxury hotel allowing payments in cryptocurrency is somewhat of a novelty.

So if you didn’t spend your fortune on 2 pizzas back in the day, you may be interested in putting that money towards a vacation – with room service pizza, naturally.

Crypto Memes Dogecoin