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Dogecoin [DOGE]: Meme inspired cryptocurrency’s future is still a mixed bag after price report

Akash Anand

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Dogecoin [DOGE]: Meme inspired cryptocurrency's future is still a mixed bag after price report
Source: Unsplash

Dogecoin [DOGE]’s stellar performance over the past few weeks has been pushed back in the memories of users as the coin saw only a 0.34% hike over the past 7 days, a stark contrast compared to earlier bullish runs. At the time of writing, the Shiba Inu inspired cryptocurrency was trading at $0.0062 with a 24-hour drop of 0.85%.

According to CoinMarketCap, most of the Dogecoin’s trade volume was held by Gate.io, a Chinese cryptocurrency exchange. Gate.io held a trading volume of a whopping 29.85% with its closest competitor, BtcTrade.im holding just 12.02%. At press time, Dogecoin was enjoying a total market cap of $727.568 million.

Dogecoin 7 day chart | Source: CoinMarketCap

Dogecoin 7 day chart | Source: CoinMarketCap

Dogecoin had risen to a stunning 121% on the first day of September, shattering market expectation and fulfilling Dogecoin holder price hike predictions. The cryptocurrency had risen from a slump of $0.0025 to a startling $0.0053, almost doubling its value index.

User deadrail had stated:

“Honestly I’d be happy if dogecoin hit 50 cents to 3 bucks this year in q4 when all the coins rise. And if it hit 20 next year. Then if it got between 30-100 four to five years from now.Honestly 20 bucks a coins is what I’m hoping for in the future.”

The spike in Dogecoin’s value earlier coincided with the cryptocurrency’s addition to Poloniex, a cryptocurrency exchange as well as the news of a proposed Dogecoin- Ethereum[ETH] bridge. The project titled ‘Dogethereum’, marks a significant step in the cryptocurrency’s development, with the project still under evaluation.



Alex Van De Sande, a member of the Ethereum Foundation had recently tweeted:

“The Dogethereum team is still working hard on the bounty, and now they will present work in order to reach a new milestone for 746 ether. All information is being made public beforehand so the public and the judges can make a decision”

Dogecoin has surpassed a lot of user expectations, with the cryptocurrency which had started off as a joke, even entering the top 20 cryptocurrency club last week. The temporary membership in the top 20 club came after a bullish spike that increased Dogecoin’s market cap to $670 million, surpassing that of ZCash’s $620 million.





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Engineering graduate,crypto head and Arsenal fan. Is fascinated by technology and all its marvels. Strictly against pineapple on pizza.

Bitcoin Cash

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Rishi Raj

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Source: Pixabay

Bitcoin Cash [BCH] recently made headlines when the CEO of Bitcoin.com, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, Bitcoin.com and its developers have rolled out an iOS version of the same.

Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.



As reported by Bitcoin.com, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by Bitcoin.com via a tweet:

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.





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