The Rise Of Dogecoin: The Good, Bad, And The Ugly
Dogecoin has made crypto investors more money than the likes of Bitcoin and Ethereum since the start of the year. But not everything related to this incredible rise to super stardom has been all glamor and glitz. While the “joke” coin has proven itself anything but, it still has created a not-so-funny situation for several […]
Related News
It’s time to turn our heads to the Arabic world. How does the Qatar-based international news station Aljazeera sees El Salvador’s Bitcoin Law? Are they as lost as western media or can they handle themselves in the cryptocurrency space? Well, their journalistic report is balanced and complete. Aljazeera gives you the good and the bad. […]
Following the bitcoin recovery above the $76,000 level last week, the Dogecoin price also saw a notable increase, rising by more than 10% in a 7-day period. This naturally saw a rise in interest in the meme coin and translated to a surge in its open interest. While this initial surge has been bullish, it now begs the question of whether the digital asset will be able to maintain this trajectory or risk another crash. Dogecoin Open Interest Reaches 2-Month Highs When the Dogecoin price surged past $0.1 recently, the open interest rose rapidly at the same time. The result of this surge was....
Two weeks ago, Alex Green from Moolah.io announced that the cryptocurrency exchange Moolah.io would be shutting down. Due to this, Dogecoin suffered from a 20% price drop, from 71 satoshis to 59. Last week, Twitch.tv shared on their Twitter that they would begin accepting Dogecoin. This drove the Dogecoin price up from 59 satoshis to 70, a 19% increase. Over the past week, however, the Dogecoin price has remained at a steady 70 satoshis. The Dogecoin community has certainly gotten back to their normal routine: previously swamped with Moolah complaints and Twitch posts, the /r/dogecoin....
Design is an important aspect of human technology. Quality design eludes the Dogecoin community somewhat. This is something a group of developers have set out to fix. With Wheel of Doge they may well have a hit on their hands. Dogecoin has many unique attributes, making it ideal for the purpose of gaming. Not least of which is the fast confirmation times. The Dogecoin betting space is small but growing. It is still full of unoriginal Satoshi Dice clones and ugly sites that don’t seem worth time or trust. Wheel of Doge is changing all that. It is already proving popular. “Dogecoin has come....
Cryptocurrencies (abbreviated 'cryptos') have been having a great day - most of their values are up. Out of the top ten cryptos (measured in market cap), Quark is up the most in the last 24 hours with a 73% rise in value, Dogecoin the second most at 58%, followed by Peercoin at 39%. Almost all of the top 11 cryptocurrencies have been on the rise in the past 24 hours. What's causing the sudden spike? There are numerous theories as to why cryptos are on the rise. Some (mainly in the Dogecoin community) jokingly say it's due to the lunar eclipse two nights ago - the eclipse powered the moon,....