Dogecoin jumps 40% as ‘long DOGE, short SHIB’ trade plays out
The meme cryptocurrency slipped below Shiba Inu in the marketcap rankings last night. But traders are putting it back up.
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News, price analysis, and cultural trends driving the world’s most iconic memecoin, Dogecoin.
The meme cryptocurrency slipped below Shiba Inu in the marketcap rankings last night. But traders are putting it back up.
Shaurya Malwa 3 min read
The original meme coin is still top according to research on Google searches conducted by Bacancy Technology.
As many as 70 percent of Dogecoin holders are currently in profit despite the fact that the coin is a long mile off its all-time high of $0.70. The data continues that 26 percent of the holders are in a loss while 6% are breaking even.
The second-largest mortgage lender has scrapped its plan to accept payments in BTC citing regulatory uncertainty in the crypto space.
The Dogecoin co-founder is rallying support for more node operators to support recent changes.
Several Dogecoin spinoffs surged following Elon Musk's recent tweet.
Verifone and BitPay has announced a partnership that would allow consumers pay for goods using crypto.
The tech mogul's comments came after the world's largest thater chain announced that it could begin accepting payments in the popular memecoin.
An American movie theater chain is considering accepting Dogecoin payments and the Twitter community could help make the call.