The meme-coin Dogecoin (DOGE) began as an absolute joke and was never intended to be anything more than that. Let alone take off. However, many have profited immensely from the Dogecoin (DOGE) craze. For instance, a senior manager at Goldman Sachs left his position behind after earning millions of dollars in a dogecoin investment. Since […]
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Dogecoin shares soared to over 18 percent on Tuesday following Tesla Inc. chief, Elon Musk’s announcement of the company’s altered tactic of accepting cryptocurrency payments for merchandise. The announcement revealed on Twitter sent Dogecoin shares to heighten in valuation when most cryptocurrencies seem to be dropping in value. “Tesla will make some merch buyable with […]
Cryptocurrency has officially gone to the dogs. The recent trading frenzy over a digital token called Shiba Inu — commonly billed as a “meme” or joke coin — has vaulted the canine-themed cryptocurrency into the top ten most valuable digital assets by market value, hitting $40 billion and surpassing its cousin and apparent inspiration, Dogecoin. […]
“Cryptocurrency is a scam and always has been,” are the words used by Dogecoin creator Jackson Palmer to describe the burgeoning digital currency ecosystem, as he resurfaced on Twitter after two years of absence. But Palmer didn’t stop there. He described cryptocurrency industry to be “a right-wing, hyper-capitalistic system, serving the protection of powerful cartel […]
At this point, the idea of Elon Musk easily playing with the crypto market through social media is reoccurring, as the Tesla Chief strikes once again with another tweet that swung the market in the favor of Dogecoin. Leave it to the “Dogefather” himself to lift the meme-coin from its slump. After witnessing a steady […]
After fans of the cryptocurrency touted April 20, long an unofficial holiday for marijuana devotees, as “Doge Day,” Dogecoin failed to come close to the $1 target that supporters hoped to reach and was falling in late afternoon trading. The goal may have sounded like a low hurdle, particularly when compared against the $50,000 or […]
A drop of 11% in Bitcoin has taken place in the past 24 hours, leading to an overall sinking value in the crypto selloff.
The cryptocurrency market in 2024 saw notable growth and events, including the approval of Bitcoin and Ethereum ETF.
Of the new biographies coming out this year, Elon Musk’s revealed his covert involvement with the world’s most unserious crypto, Dogecoin.
Over-concentration in meme coins, the internet's humorous take on cryptocurrencies, can be one of the riskiest crypto investing strategies.