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OG meme coin Dogecoin has overtaken Cardano in terms of market capitalization as investors scoop up DOGE in hopes of the token playing a bigger role on Twitter, which rebranded as “everything app” X on July 24.
"CoinDesk Daily" breaks down the top crypto headlines of the day, including why dogecoin (DOGE) is rising for the second straight day. Attorneys for the U.S. Department of Justice (DOJ) ask a judge for time to produce evidence in their case against former Celsius CEO Alex Mashinsky.
Dogecoin observes a rally as hype around X and Twitter begins to rise. Other memecoins such as SHIBA, FLOKI and PEPE fail to see the same growth.
The PEPE price has tumbled by more than 45% from its monthly peak of $0.00000183 recorded on July 3. On-chain data hints that investors dumping PEPE for Dogecoin (DOGE) could hamper the chances of an early price recovery.
Dogecoin whales have made a significant splash in the crypto market in recent weeks, acquiring $225 million worth of DOGE coins, according to data from the on-chain analytics platform IntoTheBlock.
Dogecoin (DOGE), the meme-inspired cryptocurrency, has experienced a remarkable surge of 10% in value on Tuesday, marking its most significant single-day gain since April 3.
Bitcoin and several major altcoins are trading inside a range, indicating that a strong catalyst is needed to start the next trending move.
Dogecoin (DOGE) rose for the second straight day as speculations of the memecoin playing a bigger role on the newly-rebranded X platform, fuelled the rally. Futures traders lost nearly $10 million betting on and against dogecoin's price movements, Coinglass data shows.
In the midst of Dogecoin's impressive surge over the past week, prominent crypto analyst Ali Martinez has shed light on some pivotal market trends. While Bitcoin and other heavyweight altcoins are experiencing a downturn, this canine-themed digital asset is barking up the right tree with a double-digit gain over the past week.
The meme-originated cryptocurrency, Dogecoin (DOGE), has once again outperformed the broader cryptocurrency market. This surge comes in the wake of rumors of a possible connection between the coin and Elon Musk's recently rebranded platform, "X," formerly known as Twitter.
The digital asset market may have been relatively quiet, but one cryptocurrency that stands out with a remarkable surge is Dogecoin. The surge can be attributed to Twitter CEO Elon Musk.
The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its value surge over 14% over the last few days, to the point it has surpassed smart contract platform Cardano ($ADA) as the seventh-largest cryptocurrency by market capitalization, with DOGE's surge leading to millions in liquidations over a 24-hour period.
Crypto News: Twitter's rebranding to X is perceived by many as a risky move as Elon Musk plans to make the platform the ‘The Everything App' for the financial world. Because finance is centered around payments, which requires user trust and puts a lot at stake for Musk's brand reputation.
News has been circulating for a few days now that Elon Musk's new X could also implement the buying and selling of cryptocurrencies such as Bitcoin or Dogecoin.
At the start of the week, Twitter ditched the bird logo for X in a rebrand that has sent the community buzzing, but amid the chatter, Dogecoin (DOGE) has ridden the wave to go on a strong rally.
Dogecoin price set out on an unexpected rally this week following Elon Musk's decision to rebrand the leading microblogging platform to X from its well-known Twitter brand. The billionaire said that X will extend its service scope to include digital payments, think of it as China's WeChat.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 26, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Dogecoin, the meme-based cryptocurrency that owes much of its success over the last few years to Tesla billionaire and X (Twitter) owner Elon Musk, has seen a price su
With Twitter becoming the X, DOGE prices shoot up by 10% on the news of a potential integration as a payment mechanism. However, the meme coin prices are quick to surrender and form a bearish 4% fall candle. Currently trading at $0.0786, Dogecoin prices are likely to retest the previous breakout levels.
Elon Musk feels that the rebranding of the Twitter logo to Doge has had no notable impact. Musk is portrayed as one of the constant supporters of Shiba Inu dog-based memecoins.
The boss of the popular Twitter blogging app that is now being rebranded into the laconic "X"—the future "everything app"—Elon Musk, has shared a video featuring the new "X" logo of the platform.
Dogecoin (DOGE), the meme-inspired cryptocurrency, has surged ahead of Cardano (ADA) in market capitalization following tweets from billionaire Elon Musk, according to data from digital asset tracking platform CoinGecko.
In the world of cryptocurrencies, Dogecoin (DOGE) has undoubtedly taken center stage as one of the top performers on the weekly chart. With a surge of interest sparked by the hype surrounding Twitter's rebrand and Elon Musk adding DOGE's symbol to his bio, the meme-inspired coin has garnered the attention of investors.
Dogecoin (DOGE) is once again at the center of excitement in the crypto space. Over the days, the meme-inspired cryptocurrency experienced a remarkable surge, gaining 25% in just two weeks.
