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Dogecoin News

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Bitcoinist

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Why Is Dogecoin And Shiba Inu Surging Today?

  • Dogecoin and Shiba Inu are surging today, with a price increase of over 4% in the last 24 hours, following the US Federal Reserve's decision to keep rates unchanged.
  • The surge in Dogecoin and Shiba Inu prices is attributed to market clarity provided by Jerome Powell's speech after the FOMC meeting, stating the US economy is in a good place and inflation is decreasing.
  • The ongoing US-China trade war talks, set to begin on May 10, are also contributing to the optimism in the crypto market, with potential trade agreements easing the negative impacts of tariffs on meme coins.
  • Crypto analysts predict a bullish outlook for Dogecoin, with suggestions that it could reach as high as $0.30 on a potential breakout, with a possibility of hitting $1 if Bitcoin maintains its bullish momentum.

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TronWeekly

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Falling Wedge on Dogecoin (DOGE) Chart Hints at Possible 3x Price Surge

  • Dogecoin (DOGE) gained 5.88% in 24 hours to reach $0.1832, with traders eyeing a potential breakout.
  • Analyst Tardigrade predicts a 300% price rally to $0.7328 based on a repeating falling wedge pattern on DOGE’s chart.
  • Javon Marks anticipates a short-term rise to $0.30 and a long-term target of $0.65 for Dogecoin, supported by RSI divergence.
  • Experts are closely monitoring Dogecoin's movements around $0.19 and suggest a potential range for DOGE this year between $0.25 and $0.30, with chances of spikes up to $0.35 if certain events unfold.

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Bitcoinist

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Why The Dogecoin ETF Decision Will Likely Be Delayed By The SEC

  • The Dogecoin ETF decision by the SEC is likely to be delayed.
  • Delays are common with SEC decisions on crypto ETFs, with previous approvals pushed back multiple times.
  • The Dogecoin ETF might see its decision postponed until the final deadline in 2025, with a 75% possibility of approval according to analysts.
  • Approval of a Dogecoin ETF could potentially trigger a price rally with predictions of the price reaching $10, as per 21Shares.

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Bitcoinsensus

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Dogecoin Price Prediction – How We Saw the Move Before It Happened

  • DOGE faked a supply reaction, triggered retail shorts, then pumped into the real supply zone.
  • After the dump, it landed perfectly on the marked demand zone and is now pushing back up.
  • Price is leaving equal highs, indicating a possible liquidity grab setup before the next reaction.
  • The market loves to trick impatient traders, as seen in the recent price movements of Dogecoin.

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Bitcoinist

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Dogecoin App Layer Coming As DogeOS Raises $6.9 Million — Why It Matters

  • DogeOS, a new application layer for Dogecoin aiming to expand its utility, has secured a $6.9 million seed round led by Polychain Capital.
  • The funding will be used to launch the DogeOS platform, enhance developer tools, and form partnerships for consumer adoption, focusing on next-gen AI and DeFi.
  • DogeOS positions Dogecoin as programmable infrastructure, bridging the gap for on-chain innovations and providing opportunities for native DOGE experiences.
  • Polychain's involvement in DogeOS underscores institutional interest in Dogecoin's evolution, aiming to transform DOGE from a cultural asset to an active participant in decentralized applications.

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Bitcoinist

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Dogecoin’s Price Coils In A Key Bullish Chart Pattern, A Rebound On The Horizon?

  • Dogecoin recently experienced a notable uptrend, reaching $0.18 with strong momentum.
  • Despite a pullback to $0.16 support levels, technical analysis suggests a potential rebound.
  • A Diamond Bottom Reversal Formation in the chart hints at a bullish pattern and a possible rally to $0.35.
  • Momentum indicators like the Dogecoin Price Momentum Oscillator and community optimism indicate a positive outlook for DOGE.

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Minis

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1.9k

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Amazon tries to rehire employee, he turns down the offer 4 times

  • A former Amazon business analyst claims he was arbitrarily laid off in January, receiving a two-month severance package despite previous assurances from his manager that his job was secure.
  • Layoffs were chaotic, with employees editing each other's project descriptions, causing confusion and misattribution of work.
  • Despite being approached by Amazon for re-hiring four times, the ex-employee declined, feeling unappreciated and losing trust in the company.
  • The experience left the former employee feeling depersonalized and concerned about the company's job security, even though he had worked hard in his role.

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Minis

2y

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743

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Why did Elon Musk replace Twitter's blue bird logo with a Doge meme?

  • Elon Musk replaced Twitter's blue bird logo with the Shiba Inu logo related to Dogecoin, the replacement of the logo was Musk's way of retorting back to the lawsuit filed by the Dogecoin investors against him.
  • The step was taken by Musk a day after he appealed for dismissal of a $258 billion racketeering lawsuit which accused him of inflating the value of Dogecoin intentionally.
  • The lawsuit was filed by Dogecoin investors against him, and Musk's legal team argued that his tweets regarding the cryptocurrency were 'innocuous and often silly.'

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Minis

2y

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275

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Twitter's blue bird logo replaced with doge meme

  • Elon Musk has taken his antics to new heights as he replaces Twitter's iconic blue bird with a Doge meme icon.
  • Dogecoin surges over 30% in minutes after Elon Musk's Twitter replaces logo with iconic Shiba Inu, it rises from around $0.077 to $0.1017 after the logo change.
  • Musk has frequently promoted DOGE, suggesting it may offer better payments functionality than Bitcoin.
  • Musk has previously expressed interest in adding cryptocurrencies to a payment system on Twitter, giving DOGE a boost.

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Minis

2y

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1.2k

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Elon Musk seeks to end $258-bn suit alleging he inflated Dogecoin price

  • Elon Musk has asked a US judge to dismiss a $258-billion racketeering lawsuit accusing him of running a pyramid scheme to inflate Dogecoin's price.
  • Musk's lawyers have called the lawsuit a "fanciful work of fiction" and argued that his statements supporting Dogecoin, such as "Dogecoin Rulz" and "no highs, no lows, only Doge," were too vague to support a fraud claim.
  • The lawsuit alleges that Musk's promotion of Dogecoin was part of a larger scheme to artificially inflate its price and defraud investors.

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Minis

2y

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730

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Famed Shiba Inu behind viral 'Doge' meme diagnosed with life threatening diseases

  • The famous Shiba Inu dog that inspired the famous "Doge" meme has been diagnosed with leukaemia and liver disease, the owner revealed in an Instagram post.
  • Right now, the liver level is very bad and jaundice appears. But antibiotics will definitely improve,” she added.
  • The 17-year-old dog stopped eating and drinking on its own on Christmas Eve, according to its owner, Atsuko Sato.
  • The famous "Doge" was sold for a huge $4 million last year, making it the most expensive meme non-fungible token (NFT) ever sold.

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