Dogecoin: Will it Dodge the Crypto-currency Market Trend?
What started as a twitter joke which the creators, Jackson Palmer and Billy Markus, thought would “fade out within a few days” is on its way to becoming the next big Internet sensation or will it become another bubble caught in a whirlwind boom? Within an odd six to seven months, the market cap of Dogecoin has reached $100 million. So what is the reason behind it’s success. Dogecoin is getting community support in a way which other crypto-currencies have been unable to achieve. People seem to ‘click’ instantly when it come to Dogecoin. Its relationship with meme fueled its initial growth....
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The economist David Dodge, the former seventh governor of the Bank of Canada, says gold is an “antique instrument,” and he believes Canada’s central bank got rid of its gold reserves for this very reason. Despite saying gold is an outdated financial tool, Dodge said that the leading crypto asset bitcoin (BTC) has no place in the Bank of Canada’s reserves.
David Dodge: The Bank of Canada ‘Holding This Antique Instrument of Stability Called Gold Really Didn’t Make Any Sense’
David Dodge, the former seventh governor of the Bank of....
A crypto analyst has shared a new bullish forecast for the Dogecoin price, predicting that the world’s largest meme coin could soar to a double-digit valuation of $10. Although Dogecoin still trades significantly below $1, the analyst remains confident in this bold target. He points to a unique trend tied to Bitcoin’s market behavior, which […]
Dogecoin has become known as one of the altcoins in the crypto market to put on impressive rallies with each bull market cycle. These powerful performances have solidified it as an investor favorite, and the current cycle is no different. With the expectation that the crypto market will see another bull run in the coming […]
As the crypto market suffered major losses due to the bear season, meme coins were not left out. These tokens which are often created in line with memes on the internet saw their cumulative market cap drop by $3.2 billion in 2023. This decline has paved the way for possibly buying these highly popular tokens at what could be considered a discount. Dogecoin (DOGE): King Of The Meme Coins Dogecoin (DOGE) has managed to retain its title as the king of the meme coins over the years but that has not helped the altcoin to dodge the bloodbath. Despite starting out the year 2023 strong and trading....
The crypto market has been on a recovery trend and with it have been digital assets like Dogecoin and Shiba Inu. Both assets had touched points they hadn’t seen in months following the crash but have since recovered some of their lost value. To be clear, Dogecoin and Shiba Inu are still a long way […]