Elon Musk has announced that Tesla is accepting payment for some merchandise with Dogecoin, sending the meme-based cryptocurrency surging and marking a return for the electric-vehicle maker to accept digital currencies for some purchases. The Tesla chief executive wrote on Twitter on Jan. 14, “Tesla merch buyable with Dogecoin” but did not provide further details as to…

During an end-of-year interview, senior currency strategist at Forex analysis site DailyFX Christopher Vecchio said that he would be very surprised if Shiba Inu or Dogecoin have a good 2022. Adding that he believes that only Tesla Inc. CEO Elon Musk would be able to save these coins. “Ultimately, I do think there’s a little bit of a sentiment…

Meme stocks were one of the biggest trends on Wall Street in 2021. Plenty of traders made a killing trading stocks like AMC Entertainment Holdings Inc. and GameStop Corp. and meme cryptocurrencies like Dogecoin. AMC shares are on track to finish 2021 up more than 1,250 percent, GameStop shares are up 707 percent year-to-date, and…

In a recent tweet, the world’s most-referenced cryptocurrency price-tracking website CoinMarketCap announced that Shiba Inu was the most viewed crypto in 2021. It is currently the 13th largest cryptocurrency in the world, with a market cap of over $20 billion. According to CoinMarketCap, Shiba Inu recorded more than 188 million views during the last 12 months, while…

Tesla Inc. chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin as payment for merchandise on a test basis, sending the meme-based cryptocurrency up 24 percent. “Tesla will make some merch buyable with Doge & see how it goes,” Musk said in a tweet. Dogecoin, popular among retail investors, raced up to…

Dogecoin, the world’s first dog-themed cryptocurrency and perhaps also the first major meme coin, was introduced to the world on Dec. 6, 2013. It was created by software engineers Billy Markus and Jackson Palmer as a joke and a statement against the speculative nature of cryptocurrencies. Wat Doge? The Dogecoin persona is derived from an…

Jordan Belfort, better known as “The Wolf of Wall Street,” sees no real value behind meme-coins such as Shiba Inu and Dogecoin. What Happened In an interview with British tabloid The Sun, Belfort slammed meme-based cryptocurrencies as “[expletive] coins” that are outright scams. According to him, cryptocurrencies such as Shiba Inu and Dogecoin have “no…

According to the smart contract activity, the Dogecoin (DOGE) is being accumulated by whales as investors buy the dip. Dogecoin has made it into the top ten most frequently utilized smart contracts on the Ethereum blockchain. Smart contracts are programs stored on a blockchain that run when predetermined conditions are met. Through the smart contract…

Benzinga asked its Twitter followers on Thursday evening what they’re buying at the open on Friday. From the replies, Benzinga selected one ticker for technical analysis. @Shafiusani20 is buying BabyDoge. BabyDoge, which refers to Dogecoin as its crypto father, was trading down almost 8 percent lower on Friday in sympathy with Dogecoin, which was also…

Dogecoin broke up bullishly on Sunday from a descending triangle pattern Benzinga called out two days prior. The crypto then soared almost 12 percent higher with momentum on Monday but rejected and wicked from a resistance level near the $0.298 mark. Dogecoin Core, the official wallet many traders, investors, and third-party wallets use to manage…