• The Best Choice of Dog Coin in the 2023 Cryptography Market?

    generalizationGiven Elon Musk's love for meme coins, the DOGE bulls hope to integrate with Twitter for in app payments.Given the recent measures taken by the company, I believe this is unlikely

    2023-04-28
  • Musk Joins Twitter and Becomes a Dog Coin, Key to Climbing to the Top: How DOE Promotes from Meme Coin to Pay Popularity

    Recently, there has been a heated discussion in the community that after Musk joined Twitter, will Dogcoin be introduced simultaneously? Let investors have high hopes. This article will provide an overview of the birth history of Dogcoin and explore its charm, gradually becoming a popular payment token in the coin industry. Tesla founder Elon Musk, known as the godfather of Dogcoin, reiterated his support for Dogcoin in an interview with Twitter Spaces last month, saying:DogecointothemoonAnd he said that Twitter, which he just acquired, will be committed to making meme trading easier, causing another controversy and raising the price of DOGE coins.Originating from a joke, but becoming the eighth largest cryptocurrency by market valueWe all know that the birth of Dogcoin was originally just a joke. Two American engineers, Jackson Palmer and Billy Markus, simply modified the source code of Bitcoin to create what is now Dogcoin. Before starting to explore whether Dogcoin can truly become a popular payment token, let's briefly review its history.Important History of Dog Coin:December 2013: officially born.In June 2014, the Dogecoin Foundation was established to maintain the project.April 2015: Co founder Jackson Palmer leaves Dogcoin.In January 2018, Gougou Coin briefly broke through $0.016 and had a market value of over $2 billion, but then plummeted.In July 2020, the spread of memes on TikTok once again became popular, leading to a significant increase of nearly 100% in the price of dog coins.In the first half of 2021, Musk repeatedly expressed his love for dog coins on Twitter. At that time, the price of coins often skyrocketed and plummeted due to one of his words or pictures, reaching a historical high of $0.74.In October 2022, Musk officially joined Twitter, and Dogcoin skyrocketed simultaneously, climbing from approximately $0.06 to nearly $0.13, directly doubling.DOGE's highest station is $0.74! Musk Jugong Jue WeiAt present, the historical high point of Dog Coin is 0.74 US dollars, which occurred in May 2021! In addition to the popularity of memes in the community, it must be said that Musk did play a key role in it. Without his global influence, Dogcoin might not have achieved such an astonishing record.Will Twitter bring huge growth momentum to Dogcoin?In this context, the recent topic of widespread discussion in the community is that Musk may be able to expand the application scenarios of Dog Coin in one go after acquiring Twitter.Mobile previously reported that Twitter is suspected of developing a token called TwitterCoin for tipping functions. Is this Musk's warm-up exercise before officially supporting Dog Coin, which has filled many fans of Dog Coin with anticipation?Musk himself hinted at the possibility of introducing dog coins into Twitter payments when responding to the community's questions in November. A supporter of Dog Coin tweeted at the time:Twitter has approximately 396 million users worldwide, imagine if Dogcoin could become Twitter's currency!The grassroots nature of dog coins is deeply loved by usersIn addition to Musk's push and the native meme of dog coins, the popular tip culture in the United States is also one of the reasons for the popularity of dog coins. In Europe and America, if you provide good content or services online, people will be happy to pay a tip to express support.However, the high transaction fees of Ethereum have led people to tend to use cheaper dog coins. The low transaction costs and inherent entertainment nature of Ethereum have led more and more users to prefer using dog coins for rewards; At present, major community platforms have also launched expansion tools that can accept dog coin rewards.More than 1300 companies have accepted payment in dog currencyWe know that in order for cryptocurrency to become more popular and truly integrate into the lives of ordinary people, it is necessary to reach a consensus among more people and be willing to use it as the basis for payment.According to community statistics, so far only over 1300 companies have accepted Dogcoin as a payment method, further promoting the practicality of Dogcoin. Some of these large enterprises include:BitPay, a Bitcoin payment service provider in the United States, has supported customers to use the DOGE outbound platform leader UberEats to pay for outbound fees.AMC, the largest chain cinema in the United States, announced that it has accepted customers to pay for movie tickets using DOGE.Musk also announced in the middle of this year that its BoringCompany's "Casino Tunnel" can be paid using DOGE.Promoting charity to gain a good impressionIt is worth mentioning that the example of the dog coin community promoting social charity is often talked about.For example, the Dogcoin community raised $30000 within a few hours to help the Jamaican sled team participate in the 2014 Winter Olympics held in Russia, and another community called "Doge4Kids" successfully donated $30000 to charity. With numerous friendly and friendly applications, it has subtly enhanced the public's good impression of Dogcoin.What are the hidden worries about the future of dog coinsAlthough Dog Coin currently has the potential benefits mentioned above, there are still some hidden concerns, including: apart from being used for rewards, there are almost no related ecological applications, and will celebrity effects lose popularity. What if Musk abandons it?From a long-term perspective, without strong fundamentals and application ecosystem maintenance, it will be difficult to see the value of long-term investment. The dog coin, born from memes, currently has strong global recognition and liquidity, and as a token for payment, it has significant development potential.Whether Musk can truly introduce it into Twitter and whether the ecosystem can have more meta applications in the future is a long-term focus for investors and fans, and it is worth our continuous attention.

    2023-04-28
  • Dog Coin: Can DOGE reach $100 within 10 years?

    The recent market fluctuations have made predicting the price of dog coins crucial. Due to the active promotion of billionaire Elon Musk, DOGE is the first meme cryptocurrency in history and has received widespread attention

    2023-04-28
  • Musk Rejuvenation: Dog Coin Soars 30%!

    Recently, the icon of a dog suddenly appeared on the user interface of the globally renowned social media platform Twitter. This dog is Doge, and currently the reshaping of Doge seems to only apply to Twitter's web user interface, not its applications

    2023-04-28
  • After Dogecoin became a news event, the price of Dogecoin fell below key support levels

    After the failure of SpaceX rocket testing and the drop in Bitcoin prices, Dogeday became a "hype" type of activity for DOE.Dogcoin, commonly known as "Dogday," suffered a major blow on April 20th due to the failed launch of SpaceX's interstellar rocket and the broader crypto market downturn

    2023-04-28
  • Dog Coin: Can DOGE reach $0.50 by 2023?

    Given the recent turmoil, predicting the price of dog coins has become crucial. DOGE is the first meme cryptocurrency in history, causing a considerable sensation in the market

    2023-04-28
  • Will Ethereum have the potential to replace and surpass Bitcoin in the future

    Yesterday, fans asked a question: Will Ethereum surpass Bitcoin in the future? I think this topic is quite interesting. Today, I will talk about this topic, some of my viewpoints and opinions!I think many people have this idea that Ethereum can surpass Bitcoin in the future and replace Bitcoin as the leader

    2023-04-28
  • After upgrading and merging, Bitcoin and Ethereum have experienced a sharp decline, but have not emerged from independent markets

    Reporter | Si LinweiAfter the successful upgrade of "Merge", which is closely watched by the entire network, the cryptocurrency market, including Ethereum, has not been able to break out of its independent market.On September 20th, the latest market data showed that Ethereum's current quotation reached $1360, a weekly drop of 20%; Bitcoin also fell to the critical $20000 level, quoting $19312, a weekly decline of 13

    2023-04-28
  • 4.20 Bitcoin (BTC) Ethereum (ETH) Latest Market Analysis and Trading Strategy

    The article was edited at 0:30 am on March 20th, 2022. I hope it can help everyone!As of the deadline for submission, the high point of Da Bing is around 30413 and the low point is around 29000

    2023-04-28
  • Shanghai upgrade is coming soon, ETH leads the rise, can Ethereum surpass Bitcoin?

    Recently, the Ethereum market has performed outstandingly, with its price breaking its recent high on May 5th, reaching $1945.During the same period, although Bitcoin remained volatile at a high point, it did not break a new high and its rise was significantly weaker than Ethereum.As of April 10th, ETH/BTC has risen by about 6.92% so far this month, reaching a maximum of 0.0679BTC, rebounding nearly 8% since March 20th.As of writing, Bitcoin has fallen below $28000, with a price of $27883 and Ethereum at $1830.The main reason why Ethereum has shown a strong upward trend and outperformed Bitcoin is due to the upcoming Shanghai hard fork upgrade on April 12th!Many experts believe that in the long run, hard forking is beneficial for Ethereum. up to now,The Shanghai craze helped Ethereum outperform Bitcoin in AprilCurrently, the positive signals surrounding Ethereum are evident:According to Glassnode data, the total value of ETH2.0 deposit contracts has just reached a 10 month high of $31601215618.82.According to data from the official website mainnet.beconcha. in of Ethereum, the total number of Ethereum pledges has exceeded 18 million ETHs, with a total of 18044134 ETHs pledged. The total number of Ethereum beacon chain validators has exceeded 560000.In addition, the Ethereum Beacon Chain ETH pledge APR (annual return rate) is 4.65%.L2BEAT data shows that as of now, the total lockup volume on Ethereum Layer2 is $9.17 billion, up 0.23% in the past 7 days. Among them, the largest lock-in volume is the expansion plan, ArbitrumOne, which is approximately 6.002 billion US dollars, accounting for 65.88%. The second largest lock-in volume is Optimism, which is 1.954 billion US dollars, accounting for 21.45%.The Ethereum Exchange showed a net transfer out status within 24 hours, with a net transfer out amount of 7.1344 million US dollars; Bitcoin experienced a net transfer phenomenon, with a 24-hour net transfer of $10.1 million.In addition to the good performance of data on the chain, the application scenarios of Ethereum are also constantly expanding, bringing hope for further breakthroughs in the market.Headquartered in Zurich, SwitzerlandFinancial bank IncoreBank announced that it will provide customers with Ethereum pledge servicesThe bank stated that customers using its Ethereum pledge service must fully comply with the "Know Your Customer (KYC)" and anti money laundering (AML) compliance requirements.Mark Dambacher, CEO of IncoreBank, stated that the bank will provide customers with Ethereum pledge services through quarantine wallets and comply with regulatory and tax regulations.However, although the Ethereum market is dominated by bullish sentiment, from today's market trend, the downward correction performance is still very obvious:Ethereum's price dropped as low as $1822 today, a daily decrease of 1.61%, while Bitcoin's price dropped as low as $27790, a daily decrease of 0.46%.Greeks.live macro researcher Adam tweeted that despite the upcoming upgrade in Shanghai, the implied volatility IV of Ethereum options has actually experienced a significant decline, with a drop of up to 8% in the past two days.He believes that the main reason for the decline in IV is the decrease in market liquidity caused by the Easter holiday. However, at the current level of volatility, it is abnormal for monthly IV to fall to the same level as Bitcoin, and a large number of users are adding positions to short the future volatility level.

    2023-04-28
  • 4.19 Bitcoin (BTC) Ethereum (ETH) Latest Market Analysis and Trading Strategy

    The potential inflation in the United States did not quickly drop to the Federal Reserve's 2% target, and there are signs that the economy is slowing under the impact of aggressive interest rate hikes. There is a fierce debate within the Federal Reserve to adjust the final step of the interest rate hike cycle

    2023-04-28
  • Bitcoin Prices and Ethereum Forecasts: Can BTC and ETH Escape Weekend Depression?

    As Bitcoin and Ethereum continue to dominate the cryptocurrency market, traders and investors are closely monitoring their price trends. Over the weekend, Bitcoin and Ethereum have been trading within a narrow range, causing some concerns among traders

    2023-04-28