updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Dogecoin DOGE/USD traded 0.2% lower at $0.08 over 24 hours leading up to early Thursday morning.
| Time-frame | % Change (+/-) |
|---|---|
| 24-hour | -0.2% |
| 24-hour against Bitcoin | 0.3% |
| 24-hour against Ethereum | -0.2% |
| 7-day | -1.4% |
| 30-day | -30.7% |
|
YTD performance
|
-53.75% |
See Also: How To Get Free NFTs
Major coins, including DOGE, remain rangebound while exciting price action shifts to a select number of altcoins. Meanwhile, new legislation in the U.S. would classify Bitcoin and Ethereum as commodities and give the Commodities Futures Trading Commission powers to regulate them.
DOGE has undergone a long period of consolidation and could be setting up a symmetrical triangle pattern on its daily chart, according to Benzinga’s Melanie Schaffer. This pattern emerges during periods of lower-than-average volume and is an indicator of consolidation.
The meme coin is set to ascend to the apex of the triangle on June 20 and traders can watch for future movement cues on or before that date, wrote Schaffer.
Dogecoin-oriented Twitter handle Mishaboar noted the delisting of Dogecoin’s sister coin Litecoin LTC/USD on major Korean exchanges post the MimbleWimble update.
Mishaboar said that the update introduces a privacy-focused protocol and improves scalability and while the action of the exchange was expected it is still “awful.”
The news that #Dogecoin‘s “sister” coin, #Litecoin, is being delisted by major South Korean exchanges after their MimbleWimble update, which introduced a privacy-focused protocol (which also introduces drastic improvements in scalability), was expected, but still awful.
— Mishaboar (@mishaboar) June 8, 2022
Notably, Dogecoin can be merge-mined with Litecoin. This came into being in 2014 after Litecoin creator Charlie Lee suggested that DOGE be merge-mined with any Scrypt coin.
Dogecoin co-creator Billy Markus castigated purported crypto elitists on Twitter on Wednesday. He told his following on the platform that, in 2021, crypto elitists had warned that regulation would arrive due to DOGE and real DeFi projects are going to suffer.
“In 2022 regulation is coming not cuz of dogecoin, but because of DeFi bullshit,” said Markus.
remember how in 2021 the crypto elitists were all like “regulation is gonna come because of dogecoin! and real DeFi projects are gonna suffer!”
then in 2022 regulation is coming not cuz of dogecoin, but because of DeFi bullshit
— Shibetoshi Nakamoto (@BillyM2k) June 8, 2022
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In a recent tweet, Founder and Chief Executive Officer of Grayscale DCG, Barry Silbert compared cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Ripple (CRYPTO: XRP), and Zcash.
In the tweet, he likened each of the cryptocurrencies to a particular rock band, but left a question mark beside Dogecoin (CRYPTO: DOGE).
Bitcoin = Pink Floyd
Ethereum = U2
Litecoin = Eagles
XRP = Coldplay
Zcash = Radiohead
Dogecoin = ?— Barry Silbert (@BarrySilbert) March 17, 2022
Silbert compared Ethereum to U2, Bitcoin to Pink Floyd, XRP to Coldplay, LTC coin to the Eagles, and Zcash to Radiohead.
People started reacting to his tweet, assuming which rock band would best describe Dogecoin.
Replying to Silbert’s tweet, a Twitter handle named @spacephilman said, “Dogecoin is Twisted Sister”.
Dogecoin is Twisted Sister pic.twitter.com/y4Yy1l5yTc
— LORD TITAN (@spacephilman) March 17, 2022
Here is another reply to Silbert’s tweet, comparing DOGE to the Beatles.
Dogecoin = Beatles
Zcash = that high school rock band that never landed a gig again after the Christmas party in 11th grade
— poordart (@poordart) March 17, 2022
And another person compared Dogecoin to the English heavy metal band Iron Maiden.
IRON MAideN pic.twitter.com/pyvgEJgFQJ
— Ð Conscious (@occupymars42069) March 17, 2022
Also Read: Does This Elon Musk Tweet Carry A Hidden Dogecoin Message? Here’s What His Followers Discovered