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Dogecoin

The cryptocurrency was inspired by the popular doge meme that featured an image of a Shibu Inu dog. The satirical nature of dogecoin was initially meant to poke fun at Bitcoin but evolved to serve as a peer-to-peer cryptocurrency used for tipping on social media platforms.

Dogecoin was created in 2013 as a joke by software engineers Billy Markus and Jackson Palmer. Palmer tweeted the idea and Markus approached him to partner on making the concept a reality. 

The cryptocurrency was inspired by the popular doge meme that featured an image of a Shibu Inu dog. The satirical nature of dogecoin was initially meant to poke fun at Bitcoin but evolved to serve as a peer-to-peer cryptocurrency used for tipping on social media platforms. 

Dogecoin’s circulating supply currently exceeds 131 billion. The total supply is uncapped, meaning there is no limit to the amount that can be mined. 

In early 2021, Dogecoin won the adoration of influential figures including Tesla CEO Elon Musk, NBA team owner Mark Cuban, and Snoop Dogg. SpaceX completed a space mission funded by Dogecoin, and Cuban said the Dallas Mavericks would accept payment in DOGE.

Pepe

Shiba Inu

Meme coins are in the spotlight today, rallying after an extended period in the red. Thanks to this revival, several new coins are beginning to gain traction. The most prominent is Crypto All-Stars (STARS) – with one crypto expert even suggesting it could 10x in price after listing on exchanges.

Meme Coin Prices Recover as Top Crypto Expert Predicts 10x Returns for New Crypto All-Stars Token

Traders predict bullish momentum for Dogecoin (CRYPTO: DOGE) after Elon Musk teased that the meme coin could be a payment option for Starlink. Musk's comment came just days after he expressed interest in Dogecoin being used for items sold in the Tesla merch store.

Dogecoin Whale Transactions Pump 50% Higher, This Technical Indicator Flashes 'Buy Signal'

Bitcoin

Ethereum

Leading cryptocurrencies advanced on Monday even as stocks remained paused for Labor Day.

Bitcoin, Ethereum, Dogecoin Rally On Labor Day: Analyst Says 'First Half Bearish, Second Bullish' For King Crypto In September

SpaceX CEO Elon Musk is seemingly considering allowing payments in meme cryptocurrency Dogecoin (CRYPTO: DOGE) for Starlink services in Brazil after the country's Supreme Court froze its bank accounts.

Elon Musk Thinks Dogecoin Payments Could Potentially Help Starlink Get Around Brazil Freezing Its Bank Accounts: 'You Make A Good Point'

SUNDOG, a dog-themed coin on the Tron (CRYPTO: TRX) blockchain, overcame the broader memecoin slump to post healthy gains on Sunday. What happened: The meme cryptocurrency jumped more than 6% over the last 24 hours to $0.2371, taking its market capitalization past $238 million.

Justin Sun-Backed Memecoin Rallies Among Dogecoin, Shiba Inu Slump — What You Need To Know

Leading cryptocurrencies plunged Sunday as September started on a weak note for the volatile asset class. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

Bitcoin, Ethereum, Dogecoin Start September On Weak Note As Investors Exercise Caution: Analyst Explains Why King Crypto Needs A Weekly Close Above $58.45K

U.S. District Judge Alvin K. Hellerstein has dismissed a lawsuit against Elon Musk and Tesla Inc., which accused them of manipulating the Dogecoin (CRYPTO: DOGE) market.

Elon Musk Cleared Of Dogecoin Market Manipulation Charges

The price of Dogecoin (DOGE) has fallen below the 21-day moving average line after being trapped between the two.

Dogecoin Holds Above $0.090 As Investors Rally

Elon Musk and Tesla Inc. successfully had a lawsuit dismissed that accused them of manipulating the price of dogecoin (DOGE) for personal gain. A U.S. District Judge in Manhattan ruled that the plaintiffs failed to provide convincing evidence, despite multiple revisions of their claims.

Dogecoin Manipulation Lawsuit Against Elon Musk and Tesla Dismissed

A US judge tossed the class action lawsuit accusing Elon Musk and his company Tesla of manipulating the Dogecoin (DOGE) market. A group of disgruntled DOGE investors sued Musk in 2022, accusing the business magnate of orchestrating a pump-and-dump via a series of public comments about the popular memecoin.

US Judge Dimisses Class Action Dogecoin (DOGE) Lawsuit Against Elon Musk and Tesla

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Friday that he would like to have the option of paying with meme cryptocurrency Dogecoin (CRYPTO: DOGE) reinstated for the company's merchandise. What Happened: “Me,” Musk wrote in reply to an X user who asked whether anyone would like Tesla to reinstate the option of paying with Dogecoin for its merchandise.

Tesla CEO Elon Musk Wants To Bring Back Dogecoin As A Payment Option To Buy Company's Merchandise

Cryptocurrency markets are trading lower as Bitcoin supply from exchanges dropped significantly over the past two days. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $58,842.68 -1.05% Ethereum (CRYPTO: ETH) $2,507.25 -1.1% Solana (CRYPTO: SOL) $136.27 -3.1% Dogecoin (CRYPTO: DOGE) $0.1005 +0.7% Shiba Inu (CRYPTO: SHIB) $0.00001386 -1.7% Notable Statistics: IntoTheBlock data shows a 21.4% drop in large transaction volume and a 1.06% fall in daily active addresses.

Bitcoin, Ethereum, Dogecoin Enter The Weekend Wrapped In Red: '$60,000 Is The Level To Reclaim, Until Then, Choppy Waters'

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Elon Musk's Dogecoin class action lawsuit win, BlackRock's first spot Bitcoin ETF net outflows since May and more

In 2022, a group of investors alleged that Elon Musk and his company had manipulated the price of dogecoin using their X (then Twitter) accounts.

Elon Musk, Tesla Win Dismissal of Lawsuit Alleging Dogecoin Market Manipulation

Largely followed crypto analyst Altcoin Sherpa is warning that more weakness is ahead for one large-cap memecoin. The pseudonymous trader tells his 221,500 followers on the social media platform X that Dogecoin (DOGE) could depreciate by over 10% from its current level, even after bleeding more than 20% this month.

‘Pains Me to Say It': Large-Cap Memecoin To Keep Bleeding, According to Crypto Trader – Here Are His Targets

Elon Musk and Tesla won a class action lawsuit in 2022, which alleged Musk's comments manipulated the Dogecoin market.

Elon Musk cleared in Dogecoin class action lawsuit

Popcat, the cryptocurrency market's biggest gainer this year, plunged steeply Thursday, even as the broader memecoin market remained flat. What happened: The cat-themed cryptocurrency tumbled more than 8% in the last 24 hours, marking a sharp reversal from the previous day's rally.

Cat-themed Popcat Tumbles Over 8% — Dogecoin, Shiba Inu, Pepe Little Changed

Elon Musk and Tesla have successfully fended off a lawsuit alleging manipulation of Dogecoin (DOGE)'s price.

Tesla CEO Elon Musk Cleared in $258 Billion Dogecoin Lawsuit

Elon Musk and his electric vehicle company, Tesla Inc. (NASDAQ:TSLA), have successfully dismissed a federal lawsuit accusing them of defrauding investors through insider trading and manipulating the meme cryptocurrency Dogecoin (CRYPTO: DOGE). What Happened: As reported by Reuters, the decision was delivered on Thursday night by U.S. District Judge Alvin Hellerstein in Manhattan.

Elon Musk And Tesla Triumph In Dogecoin Insider Trading Lawsuit, Judge Says Investors Can't Rely On Tweets To Pursue Securities Fraud Claim

Leading cryptocurrencies seesawed Thursday as former President Donald Trump teased a plan to make the U.S. the "crypto capital of the planet."

Bitcoin, Ethereum, Dogecoin Remain Choppy — Trader Says 'Still Holding Long, Ready To Add ' If King Crypto Dips Lower

The lawsuit centered on Musk's various public statements about Dogecoin, primarily made via his posts on Twitter in recent years.

Tesla, Musk Dodge $258 Billion Dogecoin Lawsuit as Federal Judge Dismisses Case

Elon Musk and his electric vehicle company Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency dogecoin and conducting insider trading, causing billions of dollars of losses.

Elon Musk, Tesla win dismissal of lawsuit claiming they rigged dogecoin

Cryptocurrency markets are up after Ark Invest sold $100 million in BTC on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $59,389.90 +0.15% Ethereum (CRYPTO: ETH) $2,527.79 +0.5% Solana (CRYPTO: SOL) $140.31 -3% Dogecoin (CRYPTO: DOGE) $0.0991 -0.6% Shiba Inu (CRYPTO: SHIB) $0.00001399 +0.5% Notable Statistics: IntoTheBlock data shows a 12.3% drop in Bitcoin's large transaction volume and a 6.6% increase in daily active addresses.

Bitcoin, Ethereum, Dogecoin Struggle To Push Higher: 'The Same Channel We've Spent The Past 6 Months Inside'

Dogecoin's (CRYPTO: DOGE) poor performance compared to other meme coins continues to be cause for debate among traders. What Happened: Pseudonymous trader Anbessa, who by his own account accurately predicted DOGE's 8,000% rally in the past, is now signaling a shift in the meme coin landscape.

Dogecoin 'Keeps Bleeding' But Risk/Reward Ratio Now Favorable, Trader States

Cryptocurrency markets are trading lower for the third consecutive day despite rising whale transactions. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $59,247.45 -4.5% Ethereum (CRYPTO: ETH) $2,516.88 -2.7% Solana (CRYPTO: SOL) $145.35 -6% Dogecoin (CRYPTO: DOGE) $0.0996 -4.5% Shiba Inu (CRYPTO: SHIB) $0.00001392 -3.7% Notable Statistics: IntoTheBlock data shows a 37.1% increase in Bitcoin's large transaction volume and a 3.2% rise in daily active addresses.

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