Beyond Dogecoin: The 5 hottest cryptos on Twitter this month
Elon Musk doesn't have a monopoly on Twitter chatter, as these five cryptocurrency flavors-of-the-month proved in May. In the realm of digital assets, Crypto Twitter is a major seat of power. Memecoins and serious large-cap assets alike can see their value rise or fall depending on whether the whimsical Twitter crowd decides to pay attention. Huge rallies and dramatic declines often trigger waves of Fear, Uncertainty and Doubt (FUD) or Fear of Missing Out (FOMO) on the platform, capable of massively amplifying the unfolding price dynamics.Granted, it would be convenient if increases in....
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The Dogecoin price is outperforming Bitcoin. Surprising right? Dogecoin is renowned for its ability to outperform other cryptos during price swings. This is the case here, as DOGE, backed by a loyal community and strong market sentiment, is experiencing more growth than Bitcoin. DOGE has grown by 196% in the past month compared to BTC’s […]
With the crypto market on a bearish trend, Dogecoin lost its spot as one of the top coins slipping to 14th rank on CoinMarketCap. However, it quickly rose back into 10th place after the news break today that Elon Musk is buying Twitter. DOGE was out of the top 10 cryptos for a long but today’s rise has put the coin back into the top 10 cryptos by market cap. DODE pumped on the news that Elon Musk was taking Twitter private. There has been a 20% increase in the price of DOGE today after the news. Twitter is set to accept Musk’s $43 billion offer. Related Reading | Specialists....
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,....
With the month of May drawing to a quick close, it looks like the Dogecoin price is about to end its second month in a row in the green. This has come as a welcome surprise in a month where expectations were that the market would continue to go down. However, this means that Dogecoin is about to enter what has historically been the worst month since its inception, with more red closes than green. Why The Dogecoin Price Could Go Down In June The month of June has been known to be very bad for the Dogecoin price, and this has been the case for most of the last 11 years. In more than a....
According to a Twitter announcement stemming from Ukraine’s vice prime minister, Mykhailo Fedorov, the Ukrainian government will now accept dogecoin donations. Fedorov highlighted that meme assets like dogecoin are worth more than the Russian ruble and “even [memes] can support our army and save lives from Russian invaders.”
Ukraine Vice Prime Minister: ‘Even Memes Can Support Our Army’
Following the acceptance of polkadot (DOT) on March 1, the Ukrainian government is now poised to take dogecoin (DOGE) donations as well. Mykhailo Fedorov, the....