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Dogecoin could break the $1 threshold if the memecoin repeats its 2021 trend which generated a 7,000% rally.

CNBC's MacKenzie Siglaos reports on the latest crypto news.

Dogecoin (DOGE) whales have continued to shape the meme coin ecosystem, with massive movements that are helping to shape the broader market trend. According to data insights from crypto analytics platform Whale Alert, about 550,000,000 DOGE were moved within 20 minutes.

Dogecoin spiked again on Wednesday after Donald Trump appointed Elon Musk to help lead the Department of Government Efficiency, or DOGE.

Following the renewed upward price strength of Dogecoin, the largest meme coin, there has been a significant uptick in adoption over the past few weeks, as evidenced by a recent notable rise in small DOGE wallets. As DOGE continues to attract more gains, the growth could help bolster its price and trigger future gains.

Originally developed as a funny substitute for other cryptocurrencies, Dogecoin (DOGE) is today among the most used digital currencies available. Originally laughed about, DOGE has proven to be timeless thanks to fan support matched with big sponsorships from well-known personalities.

What could Elon Musk's Dogecoin-infused approach bring to Washington as he leads the DOGE Department with Vivek Ramaswamy? Elon Musk and the rise of “DOGE” in the U.S.

Coinbase Inc. (NASDAQ:COIN) has introduced the Coinbase 50 Index (COIN50), a new benchmark tracking the performance of the top 50 digital assets listed on the exchange. What Happened: Leading the index, Bitcoin (CRYPTO: BTC) holds a weight of 50.3%, followed by Ethereum (CRYPTO: ETH) at 27.5%, collectively making up a substantial portion.

The Dogecoin Foundation account on the X social media network has published a thread to issue an important reminder to the DOGE community, also revealing what it is working on at the moment.

MyDoge's upcoming DogeOS aims to boost Dogecoin's utility and community engagement, sparking excitement and potential growth in the ecosystem.

As we enter the last months of 2024, the bitcoin market is seeing an interesting boom; various altcoins draw major interest from institutional as well as retail investors. Two tokens positioned for perhaps astronomical gains among the frontrunners in this rally are Rexas Finance (RXS) and Dogecoin (DOGE).

Dogecoin (CRYPTO: DOGE) is back at 40 cents, recovering from a shallow dip to 36 cents and leaving cryptocurrency traders calling for more upside. What Happened: At the time of writing, Dogecoin is trading at $0.399, up 11% over the past 24 hours.

Dogecoin (DOGE) experienced a sharp decline, dropping 10% in the last 24 hours. After surging to a peak of $0.4385 on Tuesday—the highest since May 2021—the meme-based cryptocurrency has fallen over 16%.

Binance just announced a new zero-fee spot trading promotion for XRP, Dogecoin (DOGE) and Cardano (ADA) trading pairs with the Japanese yen (JPY). This is great news for users in Japan's cryptocurrency market.

According to CoinGecko, the top trending altcoins today are mostly meme coins and are on the list for different reasons. Interestingly, all of these altcoins have previously appeared on the list.

Dogecoin, a meme coin, has gained traction recently with its price volatility and strong fan following. It is currently priced at $0.19, retaining a strong market cap of $28.5 billion.

Meme coins have officially entered the White House. As widely expected, president-elect Donald Trump has appointed Tesla and X boss Elon Musk to head up, alongside biotech billionaire Vivek Ramaswamy, a new non-governmental body called the ‘Department of Government Efficiency'.

Investors who witnessed remarkable returns from Shiba Inu and Dogecoin are now focusing on a new entrant in the crypto arena. Rumors are swirling about a potential token that could deliver exceptional growth, sparking curiosity among crypto enthusiasts.

Dogecoin (DOGE) eyes a 50% surge with a bull pennant breakout as Trump taps Musk and Ramaswamy for “D.O.G.E.”

Popular blockchain sleuth Whale Alert, which monitors large cryptocurrency transfers and shares their details on X, has spotted several large Dogecoin transactions over the past 20 hours, which cumulatively added up to slightly more than half a billion DOGE.

Over the past few weeks, Dogecoin (DOGE) has exhibited a massive surge, significantly outperforming Bitcoin (BTC) and other major altcoins. The memecoin has soared by 170% in the last two weeks, an astounding 250% over the past five weeks, and 95% in just the last five days.

The Dogecoin price has witnessed a 10% correction following its rally of over 70% in the last seven days. Despite this development, crypto analyst Ali Martinez has said that the Dogecoin rally isn't over and has explained why he believes so.

Some cryptocurrencies have already entered a correction phase, according to CoinMarketCap.

Is this a government reform or a mere crypto game?