Much fun, no work: DOGE must ditch meme status to be valued as money
Doge reaching $1 is practically impossible unless the currency witnesses some Bitcoin-level buy-ins in the coming future. There is no denying the fact that Dogecoin (DOGE) is by far one of the most polarizing crypto projects in the market today. On one hand, many think of the cryptocurrency as largely being a joke that has long overstayed its welcome; however, there also those people — including many celebrities, business moguls, etc. — who evidently believe it’s a viable financial instrument that will stick around for a long time to come, or at least they are leading people into believing....
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Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 billion and today, the meme coin economy is 55% lower, down to $14.9 billion on September 23. During the last month, dogecoin lost 12.8% in value, and shiba inu is down 19.4% against the U.S. dollar in 30 days. Dogecoin, Shiba Inu, Baby Doge Coin Dip Lower Losing Between 12.8% and 19.4% Today, the meme coin economy is worth nearly 15 billion U.S. dollars and out of dozens of meme tokens, 25 of them have the term “doge” in their name. 18 of the tokens have the name “shiba” and....
Doge meets NFTs? Except probably not quite in the way you might expect. The classic “doge” meme yielded over $4M in an auction on the Zora marketplace. Let’s take a look at that story and more in this week’s nutshell. This Week’s Non-Fungible Token News Gettin’ Down With The Doge The original ‘doge’ meme spurred […]
Dogecoin (DOGE) is faltering in its climb to recovery. Is it time to sell your DOGE? A panel composed of crypto specialists and analysts are nodding to this idea and saying that it’s your cue to sell Dogecoin. Most crypto experts claim that DOGE will completely shed off its value and now is the time to sell the meme coin. Finder, a price comparison platform, had this quarterly survey done in July. They asked the forecasts of over 54 crypto experts on how DOGE price will fare in the next decade. 55% Of 54 Crypto Experts Say DOGE A Goner Finder asked “Do you think DOGE will completely lose....
The first meme-coin was born in 2013: Dogecoin (DOGE). This cryptocurrency is kind of an homage to the known meme Doge, which origins go as back as 2005. Then, years later, Jackson Palmer, a marketer for Adobe Systems, bought the Dogecoin.com domain for fun. He started like that what it would be a digital currency […]
The DOGE price jumps again, up by over 30% during the past 24 hours. Dogecoin (DOGE) continued its rapid ascension on Tuesd, as the coin price for the world’s most beloved meme coin crossed the $0.50 barrier for the first time.On Tuesday, the value of Dogecoin climbed from $0.389421 to $0.541900 — a 39% increase — which marked a new all-time high for DOGE.Buoyed by a listing on United Kingdom-based cryptocurrency exchange eToro and a pending television debut on Saturday Night Live, Dogecoin continues to confound observers who took the coin as its creator intended — i.e., a joke.But....