According to market data, Dogecoin currently has a market capitalization of $9.45 billion, whole MATIC has a market capitalization of $9.3 billion, making these the eighth and ninth largest digital assets by the metric, Behind Cardano ($ADA) and ahead of Solana ($SOL).

Dogecoin (DOGE), the cryptocurrency that powers the Dogecoin blockchain, has dropped back after an attempt to push back to the north of the $0.076 level earlier in the day. A spike in the US dollar and US yields combined with downside in US stocks in wake of hawkish remarks from Fed Chair Jerome Powell is weighing broadly on crypto prices, hence the intra-day pullback.  

Bitcoin is the most popular cryptocurrency across 35 out of 46 countries in Europe. Dogecoin has secured the second spot as the most favored cryptocurrency in more than half of the European countries.

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The price of Dogecoin (DOGE) is down another 1.7% over the day and almost 10% on the week, dropping to a two-month low of $0.073, according to data from CoinGecko.

In a recent interview, Mark Yusko, the Founder, CEO, and Chief Investment Officer of SEC-registered investment advisor Morgan Creek Capital Management, LLC, shared his thoughts on $BTC and $DOGE.

Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low.

Dogecoin (DOGE) holders have remained mostly profitable amid the numerous calamities that have plagued the markets over the years. This is according to a recent disclosure from IntoTheBlock, a leading blockchain intelligence company.

American billionaire investor and CEO of Twitter, Elon Musk, has made an exciting disclosure about “DOGE” to his nearly 129.4 million followers on Twitter. In a tweet today, Musk confessed that he was the person who <i>“let the Doge out.”</i>

Dogecoin, just like the broader market, has seen a slowdown in price in recent times. However, the meme coin remains one of the most profitable for investors given its high profitability. This could be related to the fact that the larger majority of DOGE holders are choosing to hold their coins for a longer time.

Elon Musk continues to be one of the biggest factors influencing the Dogecoin price, as the Twitter CEO proved once again today. Musk made an apparent joke by writing, “High time I confessed I let the Doge out.” He also shared an image with an inscription.

The live demo is scheduled for later today.

The price of Solana ($SOL) has moved up nearly 30% over the last seven days to now trade above the $26 mark, as the cryptocurrency has been quickly recovering from the collapse of FTX, and as developers keep building on it.

Following yesterday’s PPI data, both the Nasdaq and the S&P 500 were at their long-term uptrend lines. We saw a big squeeze before the actual meltdown. This is usually the case when the narrative is bearish for the day and the technicals are right at support.

Floki and Dogecoin have gained significant bullish momentum today following Elon Musk’s latest tweet.

Dogecoin (DOGE), the cryptocurrency that powers the dog meme-inspired payments-focused blockchain Dogecoin, attempted to stage a recovery on Monday, at one point rallying to its highest level in five days above in the $0.086 area. However, the cryptocurrency has since given back earlier gains to trade closer to $0.081, where it now trades down around 1.0% on the session.

Tesla CEO Elon Musk sent Dogecoin (DOGE) price on a sudden jump of over 5% in just a few hours on Monday. Dogecoin fan Elon Musk was able to influence the DOGE price with just a one-word tweet saying he was talking about Dogecoin with Fox News chief Rupert Murdoch at the Super Bowl football game on Sunday. (coingape)

Dogecoin’s latest drop has reduced its gains on the year to under 20% and traders are once again questioning whether Dogecoin ever managed to truly break out of its bear market that begin in the second half of 2021 and lasted through most of 2022. The cryptocurrency is still up an impressive more than 60% from its 2021 lows under $0.05.

Twitter chief executive Elon Musk has reportedly told developers to make Twitter Coin fiat-based but to build it in a way that can incorporate crypto functionality in the future.

Whale Alert, a Twitter bot that tracks large cryptocurrency transactions, has reported that a dormant Dogecoin address holding 2,043,137 (2.04M) DOGE has been activated for the first time after 9.1 years.