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Dogecoin News
TheNewsCrypto
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Elon Musk Confirms U.S. Government Has No Plans to Use Dogecoin
- Elon Musk confirmed that the U.S. government has no plans to adopt Dogecoin.
- Dogecoin is trading at $0.1631, down 3.84%, with a market cap of $24.25 billion.
- Musk stated that there are no plans for the government to use Dogecoin or anything as far as he knows.
- Dogecoin (DOGE) price is currently at $0.1631, with a market cap of $24.25 billion.
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Bitcoinsensus
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Dogecoin Price: Major Move Ahead? What Traders Must Know
- DOGE recently hit an extreme supply zone and is now retracing toward lower liquidity levels.
- Key demand zones on M30 could trigger a reaction, but confirmation is needed.
- Liquidity on both sides indicates potential for volatility ahead.
- A structural shift on lower timeframes would provide stronger confirmation for a potential bounce.
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Coin Telegraph
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Why is Dogecoin price down today?
- Dogecoin (DOGE) has fallen over 4% in the last 24 hours to trade at $0.163.
- Dogecoin price lost 20% between March 27 and March 31.
- Elon Musk clarified that the US government has no plans to integrate Dogecoin into its operations.
- DOGE has confirmed a bear flag pattern on the daily chart and the price is likely to stabilize below $0.1774.
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Livebitcoinnews
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Dogecoin’s $1.8M Reserve Aims to Speed Up Daily Payments
- A $1.8M Dogecoin reserve launches to cut payment delays and boost usability.
- Partnerships with sports teams and eateries will showcase Dogecoin’s potential.
- Reward programs and processors aim to scale Dogecoin for mass adoption.
- The House of Doge aims to address slow transaction times and improve the payment experience with a 10 million DOGE reserve.
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Zycrypto
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Speculation Squashed As Elon Musk Asserts US Government Has No Plans To Use Dogecoin
- Elon Musk has clarified that the United States government has no plans to use Dogecoin.
- Musk dismissed rumors of Dogecoin being incorporated into the Department of Government Efficiency (D.O.G.E.) he is helming.
- The project's focus is to make the government 15% more efficient, and there are no plans for any government usage of Dogecoin.
- Musk has defended Dogecoin's usability for everyday transactions and stated that it has matured into a serious cryptocurrency.
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NullTX
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Dogecoin ($DOGE): From Memecoin to Crypto Phenomenon
- Dogecoin ($DOGE) was initially created as a joke in 2013 but has evolved into a widely used cryptocurrency with real-world utility and presence.
- In the last 24 hours, around 41,132 transactions were processed using Dogecoin, highlighting its use case and relevance.
- Analysts note bullish signs for Dogecoin, with a market showing upward momentum and a significant number of traders going long.
- Dogecoin has transcended its meme origins to become a legitimate digital currency used for tipping and other real-world applications.
- Its low transaction fees make it ideal for small-value transactions, such as tipping content creators, and it has gained popularity as a payment method.
- Dogecoin's balance of fun and function has helped it build a supportive community and establish itself as a usable currency.
- Despite its meme origins, Dogecoin has become a significant player in the crypto world, largely due to its approachability and community support.
- Dogecoin continues to attract investors and maintain market strength, showcasing its credibility and potential for long-term growth.
- Its success as a coin with real-world applications and a strong community sets Dogecoin apart in the competitive cryptocurrency market.
- Dogecoin's ability to combine fun with functionality illustrates how it can compete and succeed in the crypto space, appealing to a wide range of users.
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Newsbtc
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Dogecoin Holds Key Support: A Demand Spike Could Trigger A Rally
- Dogecoin is trading around a key demand zone as the entire crypto market battles renewed selling pressure.
- Investor sentiment remains cautious as macroeconomic uncertainty and weakening momentum drag prices lower.
- Despite the bearish trend, Dogecoin is holding above a crucial support level, giving room for a potential rally.
- The $0.15 support level is crucial for Dogecoin bulls to avoid a complete breakdown and trigger upward momentum.
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Cryptopotato
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Is This the Final Chapter for Dogecoin’s Bull Run? Assessing Musk’s Recent Comments
- Elon Musk refuted claims that Dogecoin (DOGE) will be used by the Department of Government Efficiency.
- DOGE's price has dropped by over 60% since its peak in January.
- Despite Musk's statement, technical indicators suggest a potential resurgence for DOGE.
- Analyst Ali Martinez highlights the TD Sequential buy signal and anticipates volatility ahead for DOGE.
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Bitcoinist
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Dogecoin Weekly RSI Flashes Bullish Signal Towards $1
- Dogecoin experienced a brief recovery, reaching $0.20, but has since dropped to $0.17.
- The weekly RSI indicator suggests a potential rebound and the analyst predicts Dogecoin reaching $1.
- The formation of technical patterns on the weekly candlestick chart indicates the possibility of a powerful rally, as seen in past instances.
- Short-term bullish divergence on the hourly chart indicates a potential relief from the downtrend.
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14 Likes
TronWeekly
1M
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Dogecoin Eyes $11.71 as Historic Cycle Hints at Explosive 2025 Rally
- Dogecoin ($DOGE) may reach $11.71 by late 2025, following a four-year price cycle, according to Dogecapital analyst.
- April 2025 could be a breakout point for Dogecoin based on historical patterns from 2017 and 2021.
- Investors recently bought 200M DOGE, indicating confidence in an upcoming price surge.
- Whale activity suggests growing optimism as large investors accumulate Dogecoin in anticipation of a rally.
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24 Likes
Livebitcoinnews
1M
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Dogecoin Dips to $0.174 as RSI Nears Oversold – Will Bulls Defend This Key Level?
- Dogecoin has experienced a price dip to $0.1745, falling by -3.99% in the last 24 hours.
- Technical indicators suggest a potential reversal: RSI nearing oversold level and MACD showing a bearish crossover.
- The liquidation heatmap shows short positions outweighing long positions, indicating bearish control.
- Breaking below $0.174 could lead to a significant wave of liquidations and a drop towards $0.15.
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Cryptoticker
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Dogecoin Mining vs. Bitcoin Mining: Which Is More Profitable in 2025?
- In 2025, Dogecoin mining is gaining traction and being considered more profitable compared to Bitcoin mining.
- Merged mining with Litecoin has boosted Dogecoin's appeal by allowing miners to earn both DOGE and LTC rewards simultaneously.
- Elon Musk's support and DOGE's cultural significance contribute to its attractiveness for miners.
- While Bitcoin mining still generates higher raw returns per machine, it is becoming increasingly challenging for newcomers.
- Dogecoin, through merged mining, offers a more accessible income stream and lower barrier to entry.
- Publicly listed companies like VivoPower and BIT Mining are venturing into Dogecoin mining for profitability.
- Small businesses are also engaging in Dogecoin mining for revenue generation and practical benefits like heat reuse.
- Dogecoin's uncapped supply and inflationary model offer a different mining incentive compared to Bitcoin's capped supply.
- With its profitability, community appeal, and support from influencers, Dogecoin mining is gaining importance in the crypto mining landscape.
- For small to medium-sized miners or entrepreneurs seeking passive income, Dogecoin mining in 2025 presents a lucrative opportunity.
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7 Likes
Newsbtc
1M
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Analyst Says Dogecoin Could Hit $1 With A Huge Breakout
- Crypto analyst predicts that Dogecoin could hit $1 with a huge breakout.
- Recent chart patterns suggest that Dogecoin is up for a potential surge.
- Crypto analyst interprets the breakout from a triangle flag pattern as an indication of a price increase.
- The coin needs to hold above the top of the pattern to reach the milestone of $1.
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Cryptoticker
1M
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Dogecoin Price Prediction: Will DOGE Price Crash to 1 cent?
- The cryptocurrency market is facing bearish momentum, with Dogecoin dropping by more than 6% in the last 24 hours.
- Factors contributing to the decline in Dogecoin's price include weak US data, rising trade war tensions, and a heavy sell-off across the crypto market.
- Short-term technical analysis shows bearish momentum, with potential further decline towards the $0.16 support level.
- Key support levels to watch are $0.15, $0.13, and $0.09, while any change in market sentiment could lead to a recovery.
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Bitcoinist
1M
295
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Here’s What Triggered The Dogecoin And Shiba Inu Price Crashes
- The Dogecoin and Shiba Inu prices have recorded a significant crash in the last 24 hours, triggered by macro events and market uncertainty.
- Donald Trump's latest tariffs on auto imports have raised concerns about a possible trade war, leading market participants to derisk and reduce their exposure to these meme coins.
- The PCE inflation data, with core PCE index rising 2.8% annually, has added to the bearish outlook for Dogecoin and Shiba Inu prices, as it could stall monetary policy easing.
- The decline in the Dogecoin price puts Shiba Inu at risk due to their positive correlation, with data showing bearish on-chain metrics and low activity by SHIB whales.
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