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Dogecoin
In Defense of Meme Coins
The only thing worse than meme coins is complaining about the financialization of memes.
Institutional Holdings of Meme Coins Surged Since January
Institutional allocations to meme coins have surged over 300% this year, reaching a peak of almost $300 million in April, according to crypto exchange Bybit. Dogecoin and shiba inu were favored among institutional investors for their liquidity, and Solana meme token BONK emerged as the most popular of the new meme coins, attracting over $75 million in institutional bets. Holdings were tracked exclusively on Bybit and do not include those on other exchanges. CoinDesk's Helene Braun presents "The Chart of the Day."
The Protocol: Behind the Scenes as Big-Tent Consensus Goes Up
We took a spin through some of the side events and preparations taking place Tuesday ahead of CoinDesk's annual conference, which starts Wednesday in Austin.
Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up
The options will expire on June 14 and have a strike price of $0.22 or about 31% higher than the current price.
DOGE, SHIB Spike After Elon Musk Tweet About Mascot Dog's Passing
The price action underscores Musk's market-moving sway on the canine-themed meme coins.
U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record
The court went against the U.S. crypto exchange on its latest, highly technical arbitration dispute, but it wasn't addressing anything significant about the digital assets space.
Dogecoin Appears on Track for a 'Golden Cross'
Dogecoin (DOGE), the world's largest meme cryptocurrency by market value, appears headed toward a repeat of the bullish "golden cross" pattern that presaged the early 2021 surge. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Dogecoin Appears Headed for a 'Golden Cross'
A DOGE price pattern that presaged the early 2021 surge looks set to recur.
Dogecoin Bets Jump to $2B as Price Reaches Highest Level Since 2021
DOGE prices tend to move on speculation about the token's use on X, the Elon Musk-owned social media giant.
Is DOGE Repeating Its Performance from Late 2020?
Recent price developments in Dogecoin are strikingly similar to those seen in late 2020, when the meme token bounced from a bear market to rally over 1000% in early 2021. Will history repeat itself with the meme coin? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."
