Dogecoin (DOGE) has seen a notable 13.2% rise in value over the past week, reaching $0.12. With a market capitalization of $17.36 billion, Dogecoin continues to attract investors alongside a booming cryptocurrency market. Insights into other digital assets and the emergence of innovative projects like Pawfury (PAW) add depth to the volatile market landscape.
Dogecoin Sees a 13.2% Increase Over the Past Week
Over a 24-hour period ending at 12:00 PM E.T. on July 15th, Dogecoin (DOGE) traded 6.2% higher against the US dollar. Over the last week, the cryptocurrency experienced a 13.2% rise. Dogecoin’s market capitalization stands at $17.36 billion, with $711.98 million worth traded in the last day. As of now, one Dogecoin can be bought for $0.12 or 0.00000189 BTC on major exchanges.
Dogecoin Background
Dogecoin is a proof-of-work (PoW) cryptocurrency that uses the Scrypt hashing algorithm. It was launched on December 6, 2013. The coin was initially created as a joke inspired by the Shiba Inu dog meme but has since gained substantial value. Dogecoin’s total supply is 145,127,366,384 coins. Major retailers like Tesla have accepted Dogecoin as a payment method. Key creators of the cryptocurrency are Jackson Palmer and Billy Markus.
Performance of Other Cryptocurrencies
In the same period, other cryptocurrencies also showed varied performances:
– UNUS SED LEO (LEO) traded up 0.2% to $5.85 or 0.00009246 BTC.
– Litecoin (LTC) rose by 1.7% to $70.62 or 0.00111707 BTC.
– NyanCoin (NYAN) fell by 2.2% to $2.40 or 0.00008809 BTC.
– MegaCoin (MEC) decreased by 2.2% to $4.30 or 0.00015776 BTC.
– Polymath (POLY) surged by 28.9% to $0.10 or 0.00000165 BTC.
– Lotto (LOTTO) declined by 2.1% to $0.0005 or 0.00000002 BTC.
– DEI (DEI) went down by 2.5% to $0.0129 or 0.00000020 BTC.
Market Insights
The cryptocurrency market added approximately $200 billion recently. In this context, Bitcoin (BTC) rose to $63,000, and Ethereum (ETH) reached $3,300. Meme coins, including Dogecoin (DOGE) and Shiba Inu (SHIB), saw increases of around 4% and 3%, respectively. Cat-themed tokens like Mog Coin (MOG) and Popcat (POPCAT) saw substantial gains, with MOG reaching a new all-time high.
Emerging as an innovative player, Pawfury (PAW) is making waves by linking cryptocurrency with the gaming industry. The project is currently in its presale phase, showing significant promise. Investors are particularly drawn to its high staking annual percentage yield (APY) and the successful security audits that have built trust in the project. Pawfury’s approach combines entertainment with financial incentives, setting it apart as a unique investment opportunity. To further incentivize early adopters, Pawfury is offering a 10% bonus on purchases with the promo code “BONUSGAIN10X.”
Trump-Themed Memes
Following an assassination attempt on Donald Trump on July 13, Trump-themed meme coins experienced notable price increases. TRUMP, Donald Trump (TRUMP2024), and DONALD TRUMP (DONALD) saw significant trading activity, leading to substantial gains for early investors.
Investing in Cryptocurrencies
For investors interested in purchasing Dogecoin, it is typically necessary to first buy Ethereum or Bitcoin using exchanges like Gemini, Coinbase, or GDAX. These can then be used to acquire Dogecoin. Similarly, for those looking to capitalize on emerging tokens, buying Ethereum or Bitcoin first can facilitate further transactions.
Official Resources
Dogecoin’s official website is dogecoin.com, and its community forum is found on Reddit. Social media accounts include Twitter (@dogecoin) and a Facebook page. For more information about Pawfury (PAW) and to take advantage of the 10% bonus promo with the code “PAW10X” visit the official website https://pawfury.com. Follow Pawfury on Twitter @pawfurytoken and join their community on Telegram Pawfury Official.
