Dogecoin Price Comes Under Pressure but $0.002 Level Should Hold

It will be an interesting weekend for many cryptocurrencies, tokens, and assets alike. Despite a lot of positive momentum brewing, the hourly charts …
dogecoin price 925

It will be an interesting weekend for many cryptocurrencies, tokens, and assets alike. Despite a lot of positive momentum brewing, the hourly charts look increasingly bleak for all of the top markets. For now, the Dogecoin price has not lost any real value in the process, but that situation may change fairly soon. The losses in DOGE/BTC put a lot of pressure on this particular market as of right now.

Dogecoin Price Momentum can Sour Quickly

Although the weekend is usually a terrible period to trade cryptocurrencies, tokens, and assets, this week may offer something entirely different. A lot of traders will be pleased with the way things are going right now, primarily because most of these gains were completely unexpected at this time. Even so, the current profits could be wiped out rather easily, primarily because Bitcoin is looking pretty bleak on the hourly chart.

Over the past 24 hours, the Dogecoin price damage has been contained for the most part. In fact, the USD value has risen by 1.4%, which is a pretty interesting trend. Because of this uptrend, one DOGE is still valued at $0.002. However, there is a 0.8% decrease in DOGE/BTC, as a 0.8% setback has been recorded in this department. This is not necessarily a promising turn of events, at the 50-50 Satoshi range will come under a lot of pressure.

On social media, most of the Dogecoin-related discussions pertain to the price. That is only normal, even though some of the advice issued earlier today by Ryan Treadwell is no longer viable at this time. It seems a lot of the top currencies are already on the retrace right now, which means things could get gnarly for Dogecoin over the coming hours. It could still be a good time to buy DOGE, though.

#dogecoin continues to rise along with other #cryptocurrency ! #Bitcoin crosses $4,000 , #ethereum#Litecoin and other #crypto keep climbing. Great time to #buy .

— Ryan Treadwell (@TreadwellRyan) March 16, 2019

One of the main advantages Dogecoin brings to the table is how it is both fast and cheap to use for transactions. So much even that virtually any amount can be transacted for $0.0002 in fees or even less. That in itself is very different from Bitcoin or most other cryptocurrencies. However, it may not necessarily be a primary reason for a DOGE price change, either for better or worse.

Dogecoin costs about $.0002 to send most transactions for almost any amount. #dogecoin#cryptocurrency#dodgecoin#memecoin#blockchainpic.twitter.com/40JMvIPsx6

— MARIANO (@Mariano_ayala) March 16, 2019

While Dogecoin is best known for its memes, it does appear the “Doge for President” campaign is interesting to keep an eye on. While clearly intended as a joke, one has to keep in mind the ‘artwork” floating around on the internet is making quite an impact. Depending on how one feels about the current political climate in the US, Doge for President in 2020 might not necessarily be such a bad idea whatsoever.

Hey @AndrewYangVFA you should pick me for your $doge running mate – free #Dogecoin for all! #YangGang#YangBuckspic.twitter.com/4QkJjexd6w

— Notorious D.O.G.E.™ [BE THE DIP] (@sabotagebeats) March 16, 2019

All of the signs seem to indicate most of the positive cryptocurrency market momentum will be wiped out sooner or later this weekend. For the time being, it seems Dogecoin might remain in the clear for some time to come. That doesn’t necessarily include the DOGE/BTC ratio, which is already facing a growing amount of pressure. An interesting weekend lies ahead, for obvious reasons.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

Image(s): Shutterstock.com

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Dogecoin (DOGE) Price Hits $0.0020 on Major Exchanges

One Dogecoin coin can now be bought for $0.0020 or 0.00000051 BTC on popular cryptocurrency exchanges including Poloniex, BCEX, Exmo and …

Dogecoin logoDogecoin (CURRENCY:DOGE) traded up 0.1% against the US dollar during the 24-hour period ending at 0:00 AM Eastern on March 14th. One Dogecoin coin can now be bought for $0.0020 or 0.00000051 BTC on popular cryptocurrency exchanges including Poloniex, BCEX, Exmo and Crex24. Over the last week, Dogecoin has traded 1.6% higher against the US dollar. Dogecoin has a market capitalization of $239.92 million and $12.60 million worth of Dogecoin was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

  • Litecoin (LTC) traded 1.2% higher against the dollar and now trades at $57.11 or 0.01451369 BTC.
  • Verge (XVG) traded 7.9% higher against the dollar and now trades at $0.0072 or 0.00000182 BTC.
  • Bytom (BTM) traded up 3.7% against the dollar and now trades at $0.10 or 0.00002579 BTC.
  • Linkey (LKY) traded 0.8% higher against the dollar and now trades at $0.82 or 0.00020825 BTC.
  • Polymath (POLY) traded 0.3% higher against the dollar and now trades at $0.0996 or 0.00002530 BTC.
  • Syscoin (SYS) traded down 0.1% against the dollar and now trades at $0.0555 or 0.00001410 BTC.
  • TTC Protocol (TTC) traded up 21.8% against the dollar and now trades at $0.0583 or 0.00001482 BTC.
  • Einsteinium (EMC2) traded 19.8% lower against the dollar and now trades at $0.0740 or 0.00001881 BTC.
  • Matrix AI Network (MAN) traded down 0% against the dollar and now trades at $0.0998 or 0.00002536 BTC.
  • Presearch (PRE) traded 2% higher against the dollar and now trades at $0.0948 or 0.00002411 BTC.

Dogecoin Coin Profile

Dogecoin (CRYPTO:DOGE) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on December 6th, 2013. Dogecoin’s total supply is 118,654,589,130 coins. Dogecoin’s official Twitter account is @dogecoin and its Facebook page is accessible here. The Reddit community for Dogecoin is /r/dogecoin and the currency’s Github account can be viewed here. Dogecoin’s official website is dogecoin.com.

Buying and Selling Dogecoin

Dogecoin can be purchased on the following cryptocurrency exchanges: C-CEX, Bittylicious, Gate.io, Graviex, Bittrex, BX Thailand, ZB.COM, Livecoin, Mercatox, BitFlip, Cryptomate, Sistemkoin, QBTC, OpenLedger DEX, Bleutrade, Instant Bitex, Bitbns, Tripe Dice Exchange, CoinExchange, Coindeal, CoinEx, BtcTrade.im, Stocks.Exchange, Koineks, HitBTC, CoinFalcon, Exrates, Tidex, Crex24, Ovis, Exmo, Kraken, FreiExchange, BiteBTC, cfinex, Fatbtc, Cryptopia, Cryptohub, SouthXchange, Bitsane, Poloniex, BTC Trade UA, C-Patex, LiteBit.eu, Coinsquare, CoinEgg, Bits Blockchain, Coinbe, Tux Exchange, Trade Satoshi, BCEX, Novaexchange, Upbit, Bit-Z, Indodax and YoBit. It is usually not possible to purchase alternative cryptocurrencies such as Dogecoin directly using US dollars. Investors seeking to trade Dogecoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Dogecoin using one of the exchanges listed above.

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Dogecoin (DOGE) & Litecoin (LTC) – Two cryptos to watch even as market drops again

Litecoin (LTC) has corrected a little bit in the last 12-hours from a high of $60 on some exchanges, to a low of $55 as at the time of writing. However …
Litecoin, Dogecoin

Bitcoin seems to have failed in the push back above $4000 in its latest upside push. This means there is a real risk that it could be headed much lower. In such a case, altcoins are likely to crash even further than they have at the moment. Considering that most altcoins don’t have any real fundamentals supporting them, there is a good chance that they may never recover even in a scenario where Bitcoin (BTC) stabilizes again. As such, it is essential for investors to choose altcoins wisely. While it’s not possible to call with certainty the altcoins that are likely to make it big, there are some whose fundamentals give them a strong chance of recovery and possibly rally big time in the future. Two of these altcoins are Dogecoin (DOGE) and Litecoin (LTC). Here are some of the reasons why these two could be set to shine.

Litecoin (LTC)

Litecoin (LTC) has corrected a little bit in the last 12-hours from a high of $60 on some exchanges, to a low of $55 as at the time of writing. However, technically, Litecoin (LTC) is still one of the cryptos that are in a recovery stage, or in an early bull’s stage. Not only is it up by over 100% this year, but it has also broken key resistance and held above it. This is in spite of Bitcoin not showing any major upside momentum. This is an indicator that Litecoin has what it takes to shine big, in case of a whole market rally. One factor that gives Litecoin (LTC) the potential to shine is the halving in August. Litecoin (LTC) is a major coin, and the halving news is big. As such, there is excitement in the market that the halving could have a huge impact on the price. In essence, as we get closer to the halving, demand could continue to rise. There is also the fact that Litecoin (LTC) is gaining in adoption, with the pay with Litecoin campaign gaining ground over time. As such, the value of Litecoin (LTC) could grow significantly, which makes it a high potential investment, even if it corrects further from its current price levels.

Dogecoin (DOGE)

Dogecoin (DOGE) is another crypto that investors need to keep an eye on going forward. For starters, Dogecoin (DOGE) has proven that it has utility, which lacks in a significant section of the altcoins market. That’s because, unlike most altcoins, this crypto has actual usage and is top 5 in terms of cryptos being used for real-world transactions. This means that in a worst case scenario, where the market plunges further, Dogecoin (DOGE) could be one of the altcoins that survive and thrive when things get better again. On top of that, its high levels of adoption mean that Dogecoin (DOGE) will continue to become more stable, creating a multiplier effect in terms of its adoption. This could see its value grow significantly in the next Bull Run.

These two cryptos have a good future, so long as crypto adoption continues on its current trajectory of growth.

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Doge mining: A comprehensive guide for beginners

Dogecoin is a decentralized peer-to-peer digital currency that enables users to send money online. Doge mining is one of the ways to obtain these …

Dogecoin is a decentralized peer-to-peer digital currency that enables users to send money online. Doge mining is one of the ways to obtain these coins but before we dive into how Doge mining works, let’s take a quick look at what Dogecoin is.

“Doge” is the fun, friendly mascot, the Shiba Inu a Japanese breedof dog now it’s the ‘face’ of a virtual currency that was popularized as anonline meme and represents Dogecoin.

As of writing time, it is one of the top cryptocurrencies in terms of market capitalization and can still be mined.

This Doge mining guide will dive more on how to obtain the coins, which equipment is required and a few tips to take along before deciding to engage in Doge mining.

Dogecoin Historical Background

A Dogecoin is a form of cryptocurrency created by two gents; Billy Markus and Jackson Palmer. Unlike other coins, the Dogecoin was not started as a serious coin but rather as a parody of the existing coins in the crypto market for purposes of creating fun after they noticed people were taking cryptocurrencies too serious.

In the year 2013, the Dogecoin was first released into the market. The main goal of the coin was to make the cryptocurrency world more approachable.

Eventually, they did what no one expected. Thdy used the famous Shiba Inu dog from a meme for their currency.

It was initially used to make donations to charity organizations and financing of sporting activities. With improvements in the technology; Doge coin can now be used by merchants for regular transactions.

The technology behind Dogecoin

Dogecoin uses a similar technology just like Bitcoin. It runs on the blockchain platform but with some few distinct features. The blockchain acts as distributed forms of ledgers executing transactions in a safe, fast and secure manner.

Information on blockchain ledgers can be accessed by anyone making it a trustworthy and effective system. This gives users the liberty to confirm if the information on the ledger is legit or not and that’s the main thing that builds trust in Dogecoin users.

Note that personal data for Dogecoin users is kept private which enhances privacy.

Uses of Dogecoin

Just like most cryptocurrencies, Dogecoin has the ability to be used as digital money and can be accessed from the holder’s wallet on Smartphones, websites or computers.

However, it is widely used for online charity and tipping content creators on online platforms that accept the coin.

The coin also offers the possibility to mine them which can later be sold on exchanges or exchanged for Bitcoins or any other cryptocurrency of your choice. Mining Dogecoin is not a complicated process as we shall see below.

What Is Doge Mining

Doge mining is a method through which doge miners get rewarded DOGE coins for verifying transactions made on the Dogecoin Blockchain technology.

Look at Doge mining similar to the way people mine gold. The only difference is with Doge mining, rather than investing in heavy machinery to dig through the ground, you are investing computer hardware equipment with which to solve complicated mathematical prolems

Once a block is being hashed, participants on the network get rewarded with Dogecoins for using their electricity and equipment.

How to mine DOGE

There are 3 ways to start mining DOGE coins. This could either be via solo mining, pool mining or cloud mining. Depending on your Doge mining goals, one of these options could suit you.

Solo Doge mining:

As soon as you have the required software and hardware in place, you can start with solo Doge mining.

You may have heard that solo mining of Dogecoins does not currently exist but that is not entirely true. The bloating of the hash rate by the litecoin miners is what has caused a decline in the solo mining of Dogecoins.

With this approach, you will be required to provide the required hashing power on your own and you get to be the only one benefiting upon confirmation of blocks.

ote that solo mining may not yield any reasonable profits if you are practicing it on a small scale. You can only enjoy maximum profits from solo mining if it is on a large scale and with heavy equipment.

In fact, solo Doge mining isn’t efficient as it used to be given the fact that the mathematical problems are becoming harder and harder to solve, so the chances that someone else gets the reward and you stay with nothing are pretty high.

Typically, solo miners are either beginners or geeks who’re engaged in the process itself. For this reason, people usually resolve to the second method– collective mining.

As a result, you will only earn Dogecoins by merge mining it with the litecoin.

Pool Doge mining:

With the doge mining pool, miners unite forces with each other and contributes their hashing power makeing it easy to earn more Dogecoins. All computers on the network work together to solve mathematical problems, which boosts efficiency considerably.

It is advisable to go for this option if you are still new in doge mining and you wish to get higher returns on whatever you invest. Once a block is confirmed, it is then shared proportionally to all members of the contributing pool fairly.

Also, joining a mining pool will protect you from the stiff competition involved in this process. Pooling your mining operations gives you the capacity to compete for the existing blocks with large mining operators.

solo doge mining

Ensure that the pool you join supports scrypt mining.

Given the vast variety of doge mining pools out there, choosing a well-established pool with a good reputation and minimal fees is something potential doge miners should take into consideration.

Cloud Doge mining:

For those not able to invest heavily in Doge mining equipment, you can also mine the Dogecoins from the cloud. This is an easier method of doge mining as it does not require you to own the hardware and software.

With cloud mining, you can just lease the capacity from a third-party provider who has already invested heavily in the hardware required in data centers. This way, work is done by the equipment of the owners.

As a tip for cloud mining, make sure to always read customer reviews, as well as rental terms offers. Also, it’s better to engage in Doge mining for a longer period of between 6 to 24 months.

doge mining

Also, large websites usually offer a discount for clients ordering their power for a greater term. Also, try to get options that provide instant withdrawal.

Cloud Mining is perfect for people who are committed to other activities but want to obtain and trade Dogecoins.

Just like with any other coin in the crypto world, there are risks associated with cloud mining of the Dogecoin. One of the risks is that the contracts signed in cloud mining are time-bound and often up front. This implies if your contract only lasts for one year and Dogecoin prices for that specific year fall below the costs incurred in mining the coins, you will automatically incur great losses.

It is also important to note that Doge cloud mining has experienced a lot of challenges in the recent past. Most companies that used to offer the scrypt mining contracts now barely offer such contracts making it difficult for amateur miners to get into the mining market.

The golden tip is beware of SCAMS. This is one of the mining methods with large scale scams. Always make sure you do in depth research before participating in cloud mining.

Doge mininghardware and software

Just like any other activity, you requiresome tools/equipment to begin the mining of Dogecoins. Below is a list of thethings that you will require.

Hardware;

You can begin Doge mining with any operating system be it Windows, Mac OS or the Linux open-source operating system. However, these operating systems are only good for trying out bitcoin mining. You will require more complex OS such as the GPUs and ASICs for more serious mining.

doge mining

In addition, you will require; a PC, a steady internet connection and a doge wallet. Some good equipment you could look into are; ASUS RX Vega 64, SAPPHIRE Pulse Radeon RX 580 and Nvidia GeForce GTX.

Software;

oftware used for Doge mining varies from each other depending on the running operating system. Dogecoin wallet; this wallet is quite essential for storing the mined bitcoins. You should ensure that you’ve chosen a secure wallet for added safety of your coins

Pros of owning Dogecoins

  • They are fast and fun to use
  • Transaction speed is faster in comparison to other coins
  • The rates charged on the platform are relatively low
  • It has benefited a number of charitable organizations.

Consassociated with the Dogecoins

  • Generally, it is not so profitable to mine the coins
  • The Dogecoin has constantly kept losing in the cryptocurrency market since the update of the blockchain.

Closing remarks on Doge mining

The choice of which method to use for Doge mining depends on the individual, his resources and the reason for mining. It’s up to you to choose which method of mining suits you best,

Nevertheless, do not invest more than what you’re ready to lose when it comes to cryptocurrencies because mining could also lead to loses.

However, it could be profitable down the line making your time, investment and work pay off as many have made significant returns from mining especially looking back at the early days of Bitcoin.

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Curiouser And Curiouser; Fall Down The Rabbit Hole With The 7 Strangest AltCoins

However, Bitcoin isnt the only fish in the vast sea of virtual currency. On the contrary there are other, far weirder alt coins in the market.

Anyone who doesn’t live under a rock knows that Bitcoin reigns supreme in the cryptoverse.

However, Bitcoin isnt the only fish in the vast sea of virtual currency. On the contrary there are other, far weirder alt coins in the market.

Don’t believe us? See for yourself!

TrumpCoin

Source; androidappsapk

TrumpCoin first emerged in 2016 just as US President Donald Trump’s presidential campaign was at it’s peak. The aim was to offer support to Trump’s campaign and subsequently make alt coins great again. was created in late 2016 and was meant to offer support to Trump and his vision of making America great again. However this isn’t the first instance of a political movement ending up with the creation of a crypto as Hillarycoin also exists.

Mooncoin

Source; CryptoSlate

A lot comes to mind when you hear this particular cryptos name, however the story behind it’s creation is kind of genius in a weird way. Mooncoin’s developers made it in a way that the total coin supply is limited to the total distance between the moon and the Earth.

Sounds like something someone did as part of a very elaborate bet right? We think so too.

Unobtainium

Source; Live for Films

No, it isn’t the same as that super rare and shiny rock from Pandora but it might be just as cool. As the name suggest, this particular altcoin is the hardest to obtain. To make it super exclusive, the developers ensured that miners could only get 250,000 units in 30 years! Similar to other precious and rare metals, the idea is that over time it’s value will increase, making it an excellent way to invest.

Useless Ethereum Token (UET)

Source; CoinMarketCap

The UET is the perfect example of the lenghts to which some people will go to when bored. According to it’s website, its creator states that he had no real purpose when he developed this alt coin. However, the website is full of elaborate warnings and sincere advice from the developers such as, “seriously, don’t buy this token” and “you’re literally giving your money to someone on the internet and getting completely useless tokens in return.”

And although the creater stated that “there are no whitepapers, no products, and no experts”, UET still bagged a whopping $340,000 in ICO crowdfunding.

FuckToken

Source. Twitter

“There lacks a universal standard for the valuation of fuck.” At least that’s what the website of this alt coin claims. Okay, well hear us out when we say they might be onto something. The concern that humans have become far more desensitized to the problems of the world is as real as it gets.

The popular swear word in the token’s name is actually an acronym that stands for “Finally Usable Crypto Karma” (FUCK). The aim is to come up with ways for the world to start giving a fuck again.

DogeCoin

Source; The Verge

Who doesn’t love the infamous 2013 doge meme sensation where an adorable Siba Inu dog tries to make the world laugh in broken English? At least that’s where the inspiration for Dogecoin comes from. Dogecoin was originally created as a joke by creators, Jackson Palmer and Billy Markus.

However, the meme inspired crytpo surprised everyone when it went viral and became as popular as the doge that gave it life. Today, the alt-coin has a very comfortable market cap of around $276 million and has even sponsored water wells in Africa.

WankCoin

Source; Steemit

Yes, the name is exactly what you thought it meant. With a slogan like “Bank while you wank”, this alt coin has one goal and one goal alone. To further the cause of the average wanker.

However, it isnt all fun and games as this alt coin delivers on it’s promise and literally allows users to cash in on their sexual urges by mining WankCoins as they well, wank! The website even claims that “the more you wank, the more you mine.” It was created to help users anonymously share and/or buy porn.

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