Dogecoin Is Not Going Away, And Here Is Why
Oh, you topple central banks? We have a meme. Since Dogecoin's creation last December, there has oft been the murmur on social media by bitcoin enthusiasts calling it "another pump and dump" or a meme-ified Litecoin with inflation. Those accusations may be true, but in the eyes of Dogecoin enthusiasts (Shibes), they are assets. Dogecoin was never intended to be the government-breaking bank-challenger that bitcoin is. A co-founder of Dogecoin, Jackson Palmer, said to ABC, "People are trading coins for small purchases, like in an online game where you can purchase a different set of armor, I....
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Despite experiencing a price rut lasting for the majority of 2014, Dogecoin has clawed its way back up the cryptocurrency market cap charts. After rising 18% on September 4, The Dogecoin price has continued its climb. Over the past week, the Dogecoin price has climbed more than 40%. Now, Dogecoin sits fifth among altcoins in total market cap. CCN examines the Dogecoin price charts. Dogecoin Price Rally Continues. September has been a great month for altcoins. In general, most top altcoins have seen their market caps increase, even as the Bitcoin price has struggled. Top 20-altcoins such as....
Over the past several months, the Dogecoin price has experienced a consistent decline. However, over the past two weeks the Dogecoin price has rebounded considerably. Should investors be bullish on Dogecoin? CCN examines the recent Dogecoin price increase. Dogecoin Price Increases 18% in 24 hours. September 4 was a refreshing day for altcoin investors, as a number of altcoins saw significant price increases. One standout was Dogecoin, who experienced a greater-than-18% 24-hour price increase from September 3-4. After resting at 27 satoshis on September 2, the Dogecoin price began to move....
The Dogecoin Price is far lower than it should be. Dogecoin is one of the most popular cryptocurrencies according to many metrics. Traders judge cryptocurrencies on many criterion, all of which sites like CoinGecko specialize in tracking. According to CoinGecko, Dogecoin is 2nd only to Bitcoin. It boasts an active community, which has banded together to achieve a number of incredible goals-such as sponsoring NASCAR driver Josh Wise. Despite these successes, the Dogecoin price has fallen tremendously over the past several months, which does not make logical sense to many now-enlightened....
September was a very bullish month for Dogecoin, as several positive announcements restored investor faith in the coin and increased the Dogecoin price. Dogecoin even reclaimed a top-five market cap ranking. However, during the month of October the Dogecoin price has declined considerably. Perhaps the rocket ship to the moon has run out of fuel. Also Read: Dogecoin Creator Responds to Moolah Bankruptcy with Additional Concerns. Dogecoin Price Rocket-Ship Runs Out of Fuel. It takes a lot of fuel to send a rocket-ship to the moon-especially when the ship has more than 87,000 passengers....
The Dogecoin price climbed 25% from November 18-23. Most of that movement took place on November 22, when the Dogecoin price leaped 11 satoshis to its current mark of 72. CCN examines this altcoin price increase to help investors make informed trading decisions. Also read: Four GIFs That Perfectly Explain The Bitcoin/Dogecoin Relationship. Dogecoin Price Leaps 25%. Dogecoin is the fun-loving wingman of the cryptocurrency world, but the past several months have not been fun for Dogecoin investors. Since rallying past the 110 satoshi mark in late September, the Dogecoin price has been in an....