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Dogecoin Articles

What users of Yellow.com think about Dogecoin: token overview, price predictions, market trends, technology review and updates. Read and share your thoughts, too!
Meme Coin Weekly Watch: DOGE and SHIB Go Down, While WIF and BOME Plummet
Dogecoin
Sep 01, 2024
This week, meme coins have shown a mix of developments, from price surges to legal victories. But in the end, meme coins failed to fulfill the hopes of the fans. Here’s a quick breakdown of the top 10 meme coins and their recent news. Dogecoin (DOGE) has had a notable week following a court decision in favor of Elon Musk, clearing him of allegations related to Dogecoin manipulation. The dismissal of this $258 billion lawsuit led to bullish sentiment around DOGE, with analysts predicting a potential 15% price surge. Furthermore, Musk hinted at reintroducing Dogecoin as a payment option for Tesla merchandise, sparking further optimism in the community. Yet, none of this helped to maintain the previous weeks gains. DOGE went down significantly (-10%). Not the worst result in our list. But still painful for the majority of investors. Shiba Inu (SHIB) continues to be a hot topic due to its ongoing ecosystem development. The community has been buzzing about the upcoming launch of Shibarium, a layer-2 blockchain designed to enhance SHIB’s scalability and reduce transaction costs. Although the price of SHIB has seen fluctuations (-9%), the anticipation around Shibarium has kept the community engaged. Some say this might be one of the most exciting project in the blockchain these days. Pepe (PEPE) has gained significant traction due to its offshoot, Pepe Unchained, raising over $11 million in presale funds. This new layer-2 meme coin aims to overcome the limitations of the original PEPE by offering lower transaction costs and faster speeds. The excitement around Pepe Unchained has sparked discussions about its potential to dominate the meme coin sector. Yet, this week ended with sharp falling for Pepe (-16%). Dogwifhat (WIF) has been relatively quiet this week with no major news releases, but made headlines with significant price movements (-22%). The coin remains a speculative asset within the meme coin category, primarily driven by community-driven hype rather than fundamental developments. Though it is exactly what some meme coin fans are looking for. Floki (FLOKI) continues to leverage its strong community support. This week, Floki developers announced plans to conquer DeFi, as some platforms plan to integrate Floki as a utility token within its ecosystem. This development has sparked renewed interest in Floki, although the price movement has been somewhat disappointing (-14%). Bonk (BONK) has seen a slight uptick in its market activity due to a recent community-driven campaign to burn a significant portion of its supply. The burn aims to increase scarcity and potentially drive up the token’s price. However, the impact on the market has been minimal so far, with the price going down in line with the overall market (-18%). Brett (Based) has seen some volatility this week. The token experienced a brief surge in price following viral tweets from some crypto influencers. However, the surge was short-lived, and Brett’s price has since synchronized with the market (-19%), highlighting the speculative nature of meme coins driven by social media hype. Dogs (DOGS) has seen a decrease in trading volume this week, with no significant news or developments. The community remains active, but the lack of major updates has resulted in a subdued market performance with no significant price changes. Popcat (SOL): Popcat, a meme token on the Solana blockchain, has been gaining traction thanks to a new game integration that rewards players with Popcat tokens. This integration has helped boost interest and trading volume, although the price this week was nothing to write home about. With a significant decline (-25%) Popcat is one of the worst performers in the meme coin segment. Book of Meme (BOMO) remains in the niche category of meme coins with limited news. This week, the project announced a series of giveaways to increase engagement and attract new users. Despite these efforts, the price of the meme coin was nothing but disappointment (-21%).
Meme Coin Weekly Watch: WIF and BRETT Fall Sharply, Others Decline Gracefully
Dogecoin
Aug 18, 2024
Another thrilling week for meme coins. It's a rollercoaster that never ends. At least for the top 10 meme coins, showcasing the volatility and speculation that define this corner of the crypto market. Here's what went down with your favorite tokens. Dogecoin (DOGE) had its ups and downs, at one point going up so sharply, it gave hope for a real rebound, driven largely by renewed interest from retail investors and a flurry of trading activity. It seemed the iconic meme coin, which has seen its fair share of ups and downs, continues to benefit from the broader bullish sentiment in the crypto market. But the week ended with a rather sad decline (-6%). Dogecoin's developers have also been working on updates to improve the coin's functionality, including security enhancements and API improvements. Shiba Inu (SHIB) also had a strong showing at some point. And then dived (-7%). The token's price has been buoyed by its ongoing burn strategy, which has reduced its circulating supply significantly. The introduction of Shibarium, Shiba Inu’s Layer 2 solution, has sparked bullish sentiment among its community, helping the token to maintain its position as one of the top-performing meme coins on Ethereum. Will it last? We'll see. Pepe (PEPE) isn't doing even near as good as fans have hoped. It went down significantly (-13.9%). And yet, this frog-themed meme coin continues to capture the imagination of investors, with its market cap now exceeding $5 billion. Hopefully, the spike in PEPE's price will be attributed to substantial market inflows and the broader momentum in the meme coin sector. Dogwifhat (WIF) was miserable, to say the least. A jaw-dropping 23% decline is difficult to explain simply mentioning market volatility. The Solana-based token, inspired by a viral image of a Shiba Inu wearing a pink hat, has quickly become a favorite among traders. The hopes were so high. Its decentralized governance model and strong community engagement have only added to its appeal. But WIF has been performing poorly recently not living up to investors' expectations. Bonk (BONK), another Solana-based meme coin, also experienced steady decline (-13%). Bonk has a vast audience of crypto believers thanks to its unique positioning within the Solana ecosystem. The coin's trading volume surged in the past few weeks, reflecting increased investor interest. That might be a good sign. Floki (FLOKI) enjoyed a moderate decline (-13%) rise, driven by a combination of market optimism and key developments within its ecosystem. Floki's diverse range of features, including a play-to-earn game and staking options, has helped it gain traction among crypto enthusiasts. Its market cap now stands at over $1.8 billion, making it a serious contender in the meme coin space. Many experts say Floki has not yet shown its true ability to withstand market fluctuations. Brett (Based) and Book of Meme (BOME) have been relatively quiet compared to the troublesome performances of their counterparts. However, both coins have seen modest decline as they continue to build their respective communities and develop use cases within the crypto space. DeXe (DEXE), a governance token for decentralized finance (DeFi) applications, is a very unusual type of a meme coin (not everyone agrees with such a definition) but has nonetheless been caught up in the broader market's positive sentiment. The token has seen a steady increase in value lately as investors seek exposure to DeFi-related assets. Last weeks decline was almost negligible for DEXE (-6%). At least in comparison to some other coins in our list. Finally, Popcat (SOL), the Solana-based token inspired by the popular internet meme, has crashed painfully (-32%). While not as explosive as some of the other coins, Popcat has a loyal following and continues to be a popular choice for meme coin enthusiasts on the Solana network. Will this sharp decline influence this sentiments remains to be seen.
Meme Coin Weekly Watch: WIF, POPCAT and MOG are on the Rise, Others Look Bleak
Dogecoin
Aug 11, 2024
This past week has been a rollercoaster for the top 10 meme coins, with market volatility driving both significant gains and sharp declines. As the market reacted to broader crypto trends, these community-driven tokens showed their resilience—or lack thereof. Here’s a breakdown of how each of the top meme coins fared this week. Dogecoin (DOGE) led the meme coin pack this week, experiencing a 16% surge early on, fueled by renewed interest and strong community support. However, the coin faced resistance later in the week, testing its ability to sustain these gains. The overall growth for the week was levelled out, as a result we can record a symbolic rise of 0.86%. Shiba Inu (SHIB) followed in Dogecoin’s footsteps but struggled to maintain momentum. Despite an initial boost, SHIB ended the week with modest gain (1.8%), reflecting the challenges of staying competitive in a crowded market. Pepe (PEPE) had a volatile week, starting with a 22% price surge thanks to its integration into NFT projects. However, this was followed by a sharp downturn, with the coin losing 1% by the end of the week. Dogwifhat (WIF), though gaining initial traction, saw one of the steepest declines among meme coins, with a 24.5% drop. Despite a strong community and marketing efforts, it couldn’t escape the market-wide sell-off. But when is was over, WIF started to recover. The end of the week was pretty joyful as WIF gained solid 16%. Bonk (BONK), known for its decentralized and community-driven nature, also faced challenges, ending the week with a 3% loss. Its unique narrative and grassroots initiatives were not enough to counteract broader market pressures. Floki (FLOKI) is not doing good either. Named after Elon Musk’s dog, Floki experienced a mixed week. The coin dropped by 2.9% despite the launch of a new roadmap aimed at expanding its ecosystem with a gaming metaverse and NFT marketplace. Brett (BRETT) was a standout this week, soaring by 8.2%. This surge was driven by aggressive promotional efforts and a strong community, positioning Brett as a potential rising star among meme coins. Interestingly, Brett isn't widely discussed on multiple forums or in social networks, there is no substantial buzz around it, yet the coin is gaining solid respect on the market. Mog Coin (MOG) also had a strong week, with a 11.9% increase in value. Its growth was fueled by speculative trading and community-driven events, highlighting the coin’s appeal to investors looking for high-risk, high-reward opportunities. That's why we love meme coins, and that is exactly why we hate them, right? Book of Meme (BOME) had a relatively stable week, with a 16.8% decline in value and then a rather solid gain. The overall result is hardly satisfying (-2%). But that's not lethal, and the fans are eagerly waiting for what is about to come next week. Focused on storytelling and content creation, BOME continues to attract a niche audience within the meme coin community. Popcat (POP), a Solana-based meme coin, had a pleasant week compared to its peers, gaining a solid 25% in value. POP continues to maintain a solid community base, appealing to those who value steady, long-term growth.
Meme Coin Weekly Watch: FLOKI and POPCAT Going South, SHIB and DOGE Holding on by a Thread
Dogecoin
Aug 04, 2024
The meme coin market has been quite a show this week, with several top tokens experiencing significant price movements and shifts in market dynamics. It is definitely too early to claim meme coins are loosing steam. Let's take a look at how the top ten meme coins behaved. Dogecoin experienced a turbulent week, marked by a notable 18% drop, driven by broader market conditions and profit-taking among mid-level holders. Despite the bearish trend, whale accumulation continued, indicating long-term confidence. Technical analysis suggests DOGE might be poised for a bullish reversal. Nobody can be sure, of course, besides Elon Musk whose tweet can help DOGE skyrocket at any given moment of time. Shiba Inu followed a similar downtrend (-17%), exacerbated by profit-taking and market corrections. Despite the dip, SHIB's community remains active, with developments in its ecosystem, such as the Shibarium layer-2 solution, expected to bolster its long-term prospects. However, short-term volatility is likely as investors navigate the current market landscape. Nothing points to a separate path for SHIB. Pepe saw significant volatility (-28%), with prices dipping amid general market weakness. Despite this, there is optimism within the community, driven by speculative trading and upcoming announcements related to project developments. The token's meme appeal continues to attract attention, though its price movements remain unpredictable. If meme coin market survives, PEPE survives too. This lesser-known meme coin dogwifhat has seen increased attention due to community-driven marketing campaigns. Its market cap remains small compared to heavyweights like DOGE and SHIB, and it has shown very negative results (-36%). Bonk, the Solana-based meme coin, experienced a relatively stable week with modest price fluctuations. And then it wend down as Titanic along with other meme coin leaders (-25%). Its integration within the Solana ecosystem theoretically provides a unique advantage, fostering utility beyond mere speculation. But we have yet to see the outcome of this. Floki saw a decline this week (-25%), mirroring broader market trends. However, the coin's developers announced new partnerships and upcoming NFT projects aimed at reviving interest. The community remains bullish, hoping these initiatives will drive adoption and price recovery in the coming weeks. At least, life is not boring on Floki planet. Brett, known for its vibrant community, experienced a price drop (-31%) amid the market's bearish sentiment. However, its strong online presence and community engagement efforts continue to sustain interest. Analysts suggest that any positive news could trigger a sharp rebound, given its volatile nature. Of course, we have yet to check if Brett is capable of going against the stream in a wild ocean of unpredictable and fickle meme coins. Book of Meme faced significant volatility, with prices dropping due to market corrections. Nonetheless, its unique narrative and gamified elements keep the community engaged and help prices from falling too sharp (-14%). If this token keeps the unique ability to ignore the meme coin flock, we might see a pretty interesting new pretender. Mog Coin saw a steady decline (-20%), reflecting the broader meme coin market trends. Despite this, its developers are working on enhancing the coin's utility through DeFi integrations and cross-chain compatibility. Some might say this could potentially stabilize prices and attract new investors. But let's get real here, hopefully MOG keeps its head above water while many other tokens plummet. That's not a bad outcome after all. Popcat, another Solana-based token, experienced a mixed week with both highs and lows. And the latter were painful. Popcat plummeted by 42%. The community remains mostly optimistic, though. The token's performance is closely tied to broader Solana ecosystem developments, and any positive news could spur a price rally.
Meme Coin Weekly Watch: MEW Is on the Rise, DOGE and SHIB Weaving in the Back
Dogecoin
Jul 28, 2024
The meme coin market has seen a flurry of activity this week, with several top tokens experiencing significant price movements and shifts in market dynamics. Let's take a look at how the top ten meme coins behaved. Dogecoin (DOGE): The original meme coin, Dogecoin, which some people call 'a Bitcoin of meme coins', witnessed a price increase of about 4.93% this week. This resurgence can be attributed to broader market optimism and renewed interest in the crypto sector. But at the end of the week, the luck turned away and the overall result for the week is a slight downturn (-1%). Shiba Inu (SHIB): Often seen as Dogecoin’s main competitor, Shiba Inu also enjoyed a positive week, with its price rising in tandem with DOGE. The token’s community continues to push for broader adoption and new use cases, keeping it in the spotlight. But the decline here was a bit more significant (-5%). Pepe (PEPE): Known for its distinctive frog meme, Pepe coin saw a notable price jump of 8.45%. The coin’s recent rally highlights its appeal among meme coin enthusiasts looking for the next big gain. The week ended with going downhill, though (-2,66%). But it is definitely not over for Pepe. Some say this meme coin still has potential to compete with the meme coin leaders. Dogwifhat (WIF): A standout performer this week, Dogwifhat surged by 20%, overtaking other meme coins like Bonk in market capitalization. This leap is part of a broader trend of meme coins based on the Solana network gaining traction. But the victory hasn't lasted long. The dog meme coin went down for a noticeable 4,3%. Bonk (BONK): Despite being overtaken by Dogwifhat in previous weeks, Bonk managed to recover some ground, highlighting the competitive and volatile nature of the meme coin market. The week ended with a significant decline (-7,6%). The token’s community remains active, with ongoing discussions about future developments. Floki (FLOKI): Inspired by Elon Musk’s pet, Floki saw a modest price increase. The token continues to capitalize on its community’s enthusiasm and ongoing marketing efforts, positioning itself as a mainstay in the meme coin world. But the overall decline (-11%) is among the biggest in the top 10 this week. Brett (BRETT): Brett has been relatively stable this week, with minor fluctuations, up until the weekend when things went south (-15%). The token’s performance indicates a period of consolidation, with investors waiting for the next catalyst to drive prices higher. Popcat (POPCAT): A cat-themed meme coin, Popcat, saw an 8% rise in the beginning of this week. This growth underscored the ongoing rivalry between dog and cat meme coins, each vying for dominance in a crowded market. But they all went down simultaneously closer to the weekend, with POPCAT seeing sharp decline (-10%). Mog Coin (MOG): Mog Coin has been on an upward trajectory, gaining 63% in the past month. The token’s rise reflected growing investor interest in meme coins with strong community backing. But things started to get weird this week as MOG suddenly appeared among the leaders in terms of decline (-20%). Cat in a Dogs World (MEW): This meme coin made headlines with an impressive 86% gain, highlighting the growing popularity of cat-themed tokens. The surge in MEW’s price has sparked discussions about whether we might be entering a new ‘season of the cat’ in the meme coin market. Anyways, MEW not only gained a place in top 10 meme coins by market cap, but it has also become the only one with positive results. MEW gained impressive 24% by Sunday.
Meme Coin Weekly Watch: DOGE, FLOKI and MOG Are on the Rise
Dogecoin
Jul 20, 2024
There were a lot of interesting events around meme coins this week, as always, though. Let's take a look at how the top ten behaved. Dogecoin remains the poster child of meme coins, but this week, it faced a slight dip and then went up, seeing a rather significant %16,8 increase. Dogecoin still maintains strong support from its community and continuous mentions in popular culture. The momentarily dip was attributed to profit-taking by short-term holders, but long-term sentiment remains bullish. Shiba Inu has had a volatile week. The coin initially surged by 5% following a new partnership announcement with a major e-commerce platform. However, the excitement was short-lived as concerns over a whale wallet moving a significant amount of SHIB caused a 6% drop. This movement indicates cautious optimism among traders, balancing between new developments and large holdings' influence. But finally the token gained some optimism and went up for a solid 7,2%. Pepe has been riding a wave of social media hype. The coin saw a 12% increase after a series of viral memes. Then another increase, and another one, adding up to a significant %37,2 overall increase. However, analysts warn that such pumps are often followed by sharp corrections, advising caution for those looking to jump on the hype train. Dogwifhat remains a more niche player but had an interesting week with a 57% rise. This was largely driven by the launch of a new community-driven initiative aimed at promoting the coin through creative projects. The initiative has attracted a new wave of interest, especially among younger, meme-savvy investors. Bonk experienced a rollercoaster week. The coin initially dropped by 3% due to a technical glitch in their new staking platform, causing panic among holders. However, once the issue was resolved, Bonk rebounded strongly, closing the week with a 39,9% net gain. This recovery highlights the community's resilience and the coin’s potential for quick rebounds. Although, of course, the initial drop underlines the risks associated with technical issues, and meme coins seem to be more prone to that than many other well established crypto assets. Floki had a mixed week. The coin saw a 6% increase following a successful marketing campaign that included a series of eye-catching billboards in major cities. Finally we saw a solid %34,8 increase. Brett continues to show promise with a steady 20,5% increase. This growth was driven by the announcement of a new gaming partnership that integrates Brett tokens as in-game currency. But the week was a roller coaster for the meme token, at some point there was a 33% rise followed by a 17% dip. Mog Coin saw a significant 40,3% rise, primarily driven by increased social media activity and a new meme contest that went viral. As we see now, Mog Coin build a dedicated community, although its market cap and trading volumes are still relatively small compared to its peers. Book of Meme had a quieter week, but the rise was substantial - a solid 26,4%. The coin’s performance was bolstered by the release of a new whitepaper outlining future plans for decentralized finance (DeFi) integrations. Dog (Runes) hand a bad week. There is an overall 7 day dip for 2,1%. Investors seem cautiously optimistic, but nothing points out to a radical surge in the near future.

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