Dogecoin: The Most Stable Cryptocurrency?
Many people don't care about Dogecoin. What a joke, right? It was started as a joke, after all. The way the people communicate is such a joke - sorry, such joke, very silly. These things might be true, but here's something else that's true: Dogecoin has consistently been in the top ten market capitalizations for cryptocurrencies, and since its initial highs in March last year, it's been relatively stable in terms of both market capitalization and value. Coinmarketcap.com. The value we're referring to could be very low, but with high inflation comes easier access to the coins. Many of its....
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Dogecoin price stabilized between 62 and 65 satoshis throughout the past week (2nd - 8th February). Dogecoin is continuing to prove that it is a rather stable cryptocurrency in the face of the high volatility of bitcoin. By studying the 1 day Hitbtc (Doge/BTC) from tradingview.com (look at the below chart), we can see that dogecoin price has been trading between 62 and 65 satoshis last week. The price is going away from the 52 satoshis support level as per our Fibonacci retracements that we plotted a couple of weeks ago as shown by an upwards sloping 10 day EMA on the 1 day charts (the....
The last few weeks have witnessed some of the most turbulent times in recent memory for the cryptocurrency industry. Stable coins have been looking, well… not so stable recently, and coin values across the board have been sinking faster than at any time in the past. Although this seems to be the first-time stable coins […]
As the title suggests, this week has been stable for the most part. Take the world stable with several grains of salt, as stable in cryptocurrency is still volatile for most people to stomach when they have been used to the relative stability of the dollar and people in precious metals. For example, let’s take a look at some of the more recognizable cryptocurrencies such as Litecoin and Darkcoin. Litecoin has stayed in the $5 range, with volume staying around the $2.5 million mark. With a market cap that Litecoin possess, I fully expect Litecoin to recover from the downward trend it has....
The infamous meme-based cryptocurrency dogecoin is on the move again just before the upcoming Saturday Night Live episode featuring Elon Musk. While dogecoin is up 81% today a lot of cryptocurrency veterans have been warning newbies about the digital currency that was meant to be a joke. Meanwhile, others believe that dogecoin has a lot of potential, and could be a long-standing competitor in the world of crypto assets. Dogecoin Markets See a Pre-SNL Rise The cryptocurrency that literally began as a joke, dogecoin (DOGE) is nearing a $100 billion market capitalization on Saturday. DOGE is....
Women of color from the cryptocurrency industry are concerned the STABLE Act would make wealth disparities in the U.S. much worse.