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Dogecoin Will Rise15% If This Pattern Plays Out Correctly
18May By Cryptolifedigital3 Comments
Uncategorized

Dogecoin Will Rise15% If This Pattern Plays Out Correctly

The first Memecoin on the cryptocurrency market, Dogecoin, has a clue of intraday traders thanks to the symmetrical triangle pattern, which may release DOGE forward if it plays out in favor of bulls. Traders usually consider a symmetrical triangle a bullish pattern as it statistically results in an upward breakout. But at the same time, traders should not forget about the possibility of a bearish scenario in which an asset breaks the lower border of a pattern and speed downward. Read Also: As Part of Vasil Hard Fork, Cardano's Smart Contracts to Decrease Transaction Size in New Update Uninterestingly, DOGE is more actively testing the lower border of the formation, hinting at a plunge down rather than a short-term upward rally. Long-term Dogecoin scenario Because of the cur...
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Dogecoin “Proof of Assets” to Arrive on Binance: Details
16May By Cryptolifedigital3 Comments
Cryptocurrency

Dogecoin “Proof of Assets” to Arrive on Binance: Details

As stated by the DogeDesigner, a UX/UI specialist and graphic designer at Dogecoin Foundation, "Proof of Assets" for Dogecoin might soon arrive on Binance following the community's persistent push for it. "Proof of Assets" is a wallet that should contain an equal number of real Dogecoins matching the BSC-Doge supply, which had not been available on Binance all the while. Read Also: Cardano Experiences Main Milestone of 700,000 Users https://twitter.com/cb_doge/status/1526185654840807426 As stated by the bscscan data, over 649,132 addresses are holding BSC-DOGE on the BSC Network. "Proof of Assets" also applies in the context of other cryptocurrencies such as LTC, ADA, and XRP, which are currently available on Binance. "Proof of Assets" indicates on-chain behaviors ...
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Cardano, Dogecoin, Shiba Inu Post Double-Digit Gains as Market Rebounds
13May By Cryptolifedigital2 Comments
Cryptocurrency

Cardano, Dogecoin, Shiba Inu Post Double-Digit Gains as Market Rebounds

As stated by the CoinMarketCap data, large-cap altcoins Cardano, Dogecoin, and Shiba Inu were seen posting double-digit gains at the time of publication. Cardano was up as much as 30%, while meme cryptocurrencies Dogecoin and Shiba Inu posted gains of 18.18% and 25.39%, respectively. Read Also: Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market Notwithstanding, the altcoin market had started to rebound elsewhere. Tether, the biggest stablecoin used in cryptocurrency exchanges to facilitate trade, has recovered from a previous mini-drop, assuaging fears on the general cryptocurrency market Tokens underpinning key DeFi protocols also recovered as several altcoins posted significant gains. Shiba Inu's recent listing on the Dubai exchange, Rain, has...
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Elon Musk Authenticates Dogecoin Has Potential as Currency
13May By CryptolifedigitalNo Comments
Cryptocurrency

Elon Musk Authenticates Dogecoin Has Potential as Currency

Elon Musk has again called the meme coin “people’s crypto” to highlight its widespread appeal. Because of its inflationary operation, Dogecoin is a viable currency since it encourages people to spend more. People are unlikely to hoard the meme coin since it doesn’t work as a store of value. Read Also: SHIB Spike 25% as Token Gets Listed on Top Middle East Crypto Exchange Bitcoin, on the other hand, is a disinflationary currency, which makes it “not a good substitute” for transactional currency, according to Musk.  That said, the Tesla boss has previously expressed doubts as to whether Dogecoin will be able to replace fiat. Just last month, Robinhood CEO Vlad Tenev suggested that Dogecoin was a much cheaper alternative to popular card networks. For this to happen, the...
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40.9 Billion DOGE Held by Robinhood – 30.9% of Coins in Circulation: Details
11May By Cryptolifedigital1 Comment
Cryptocurrency

40.9 Billion DOGE Held by Robinhood – 30.9% of Coins in Circulation: Details

@DogeWhaleAlert's Twitter account has tweeted that Robinhood keeps holding over one-third of the overall circulating DOGE supply for its clients. Although, the largest meme cryptocurrency by market capitalization value has again helped move a massive amount of value for just a tiny fee compared to banks. Read Also: Cardano Founder Shares Latest Information on Stablecoin Djed $38 million in DOGE stored by Robinhood As stated by the recent tweet, the @DogeWhaleAlert account that tracks large Dogecoin transactions made by whales, stated that the amount of popular canine tokens held by the platform for its investors continue to hold at the 30% level, i.e., 30.90% of the Dogecoin supply circulating in the market.  This meme crypto that belongs to Robinhood’s customers is held in...
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Dogecoin Foundation Employ Web Developer
10May By Cryptolifedigital1 Comment
Cryptocurrency

Dogecoin Foundation Employ Web Developer

The Dogecoin Foundation, a Non-profit behind the world’s top meme cryptocurrency, has broadcast that it is hiring a “skilled” web developer.Its new hire will coordinate a group of volunteers who are working on revamping the official website of the Dogecoin parody. Read Also: Decentraland's MANA Rise Into Top 10 Purchased Tokens ListThe programmer will be focused on creating HTML/CSS/JS websites. Whoever gets the job is required to have excellent English skills as well as a “collaborative” attitude. This person will act as a mentor for volunteers of all skill levels. The job offer states that the prospective hire is also supposed to have a perfect understanding of the Dogecoin community’s ethos and the project’s code of conduct. Far back in February, core developer Ross Nicoll ste...
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Dogecoin (DOGE) Stays Profitable Despite 30% Market Correction: Details
10May By Cryptolifedigital1 Comment
Cryptocurrency

Dogecoin (DOGE) Stays Profitable Despite 30% Market Correction: Details

The first meme coin on the cryptocurrency market, Dogecoin, displays a decent level of profitability despite the correction in the cryptocurrency market. Compared to Bitcoin, DOGE has lost less of its value with adjusted volatility, per IntoTheBlock. As the data suggests, the meme coins' profitability currently sits at approximately 53%, which puts Dogecoin far above the majority of the cryptocurrency market. Its biggest competitor in 2021, Shiba Inu is showing far less profitability for investors with 31%. Read Also: Cardano Treasury of $723 Million in ADA Is Decentralized and Is Only Going to Grow: Charles Hoskinson 50% of the above profitability of a digital asset shows a healthy supply and usually shows a stable future for the asset. Dogecoin’s profit...
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455 Million WordPress Websites Can Now Accept Dogecoin, Here’s How
7May By Cryptolifedigital2 Comments
Cryptocurrency

455 Million WordPress Websites Can Now Accept Dogecoin, Here’s How

As stated by the DogeDesigner, a UX/UI specialist and graphic designer at Dogecoin Foundation, millions of WordPress websites can now accept Dogecoin using the WooCommerce plugin "Easy Dogecoin Gateway" built by the Dogecoin developer known as "inevitable360." Read Also: Cardano-Based Decentralized Project Faces 8,000% Rise in TVL in Last 7 Days https://twitter.com/cb_doge/status/1522632242018750464 The plugin permits WordPress websites to accept Dogecoin payments simply by using Dogecoin addresses, without the need for any third-party payment processors, banks, or additional fees. The plugin also uses the Google API to generate QR codes and the CoinGecko API to convert fiat into Dogecoin's current price. This might be seen as positive for Dogecoin adoption as WordPress...
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DOGE Creator Gives Simplest Use Case for Dogecoin Cryptocurrency
6May By Cryptolifedigital3 Comments
Cryptocurrency

DOGE Creator Gives Simplest Use Case for Dogecoin Cryptocurrency

Dogecoin creator Shibetoshi Nakamoto believes the easiest and best use case for Dogecoin remains using Dogecoin for tipping. The Dogecoin co-founder stated this as he sent out a Dogecoin tip using mydogetip. Read Also: What is Seed Phrase and How to Use It Securely https://twitter.com/BillyM2k/status/1522400603271577601 Lately, various discussions have come up concerning Dogecoin use cases, as stated by the Dogecoin Foundation, its sole aim is to make Dogecoin the global currency accepted for payment of goods and services. Currently, Tesla CEO Elon Musk indicated Dogecoin might gain more utility if more businesses started accepting it. The centibillionaire also raised the idea of tipping as a use case, stating that using Dogecoin for tipping creators would be "nice...
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Dogecoin Suits Part of BIG3 Basketball Team
5May By Cryptolifedigital2 Comments
Cryptocurrency

Dogecoin Suits Part of BIG3 Basketball Team

Dogecoin has now become part of the Big3 basketball league as Bill Lee, founding chairman of MyDoge, a self-custodial Dogecoin wallet, has bought all 25 fire-tier editions of the Aliens, a team in the Big3. Read Also: Cardano (ADA) Retakes 10% and Bypasses Top 10 in Terms of Gains https://twitter.com/dogecoin/status/1522012109080473601 Ice Cube, an American rapper, founded the Big3 professional basketball league, and Big3 chose to sell the team's rights using non-fungible tokens (NFTs). The Big3 league decided to sell 25 fire-tier NFTs, which gives owners control of the Killer 3s' licensing, intellectual property (IP), and league-approved items. https://twitter.com/thebig3/status/1521858080585273347 Because of the purchase, Big3 will adopt Dogecoin, ...
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