Research shows that Dogecoin (DOGE) was the only memecoin in 2022 to proactively reduce its carbon footprint — a key metric for mainstream adoption —  by 25% in one year, thanks to the intervention of developers and Tesla CEO Elon Musk.

After collapsing more than 80 percent over the course of last year, Solana is having a stellar in 2023. The price of SOL has more than doubled this month, rising more than 58 percent to $23.70 in the last seven days, according to CoinGecko.

According to data by CoinGlass, short traders suffered around $457 million across major centralized exchanges over the past day. Crypto exchange OKX took the lion’s share of these liquidations at over $241 million, followed by Binance at $116 million.

The newly minted canine-centered memecoin BONK is having a roller coaster ride for the past few weeks since it was first introduced. The Solana-based token, which abruptly sprang from nowhere and pushed its way into the top 200 cryptocurrencies by market value, was severely impacted by a major bearish trend late on Thursday noon.

Crypto traders and investors have been trying to predict what the future of the dog-themed memecoin would be like in 2023 after Dogecoin’s (DOGE) price hit a rough patch in the preceding few months. In spite of the catastrophic market slump in 2022, it has held up far better than most of the leading assets on the crypto market. Dogecoin has now begun to attract the interest of large crypto whales, which has resulted in a price increase of more than 10% over the course of the last twenty-four hours.

The price of Dogecoin (DOGE) has surged 7.8% over the day, making it the second-best performing asset among the top 10 cryptocurrencies.

Dogecoin raced to a multi-week high on Jan. 5, as meme coins rose higher following recent days of consolidation. The coin climbed for a second straight session on Thursday, which comes ahead of Friday’s U.S. nonfarm payrolls numbers. Shiba inu was also in the green, after today’s gains.

Dogecoin-rival Bonk sees explosive growth to post 380% gains since the start of the new year.

The Dogecoin Foundation announced a new fund for Dogecoin Core developers to promote the Dogecoin ecosystem further in the new year. 

The RBI’s goal with the pilot is to initially assess the feasibility of creating, distributing, and using digital rupees at retail. Following the success of this pilot, other pilots will be conducted to try out various aspects and use cases of the e-Rupee token and underlying structure.

Dogecoin [DOGE] Foundation handed its community an end-of-the-year gift as it announced a fund of $5 million DOGE to the ecosystem’s development fund. In the 31 December post, the foundation noted that the contribution was necessary to advance the ecosystem. 

The price of Dogecoin has dropped 13% over the last week, and has fallen 6% to just under $0.07 in the last 24 hours alone, as per CoinGecko data. 

The Dogecoin community has rallied behind Kabosu as the popular rescue dog battles leukemia – blood cancer – and acute cholangiohepatitis – a liver disease. Kabosu is the rescue dog that inspired the doge meme of 2013, which eventually birthed the Dogecoin meme asset in the same year.

The developers of Dogecoin (DOGE) have denied rumors that the network is immediately switching to proof-of-stake (PoS), saying that they are merely planning to release a proposal on the topic. The repudiation came on Dec. 29, from the Twitter account of Michi Lumin, Principal Engineer for the Dogecoin Foundation.

The Dogecoin price had recently faced intense selling pressure; however, over the last 48 hours, DOGE showed signs of recovery. At the moment, however, the meme coin was consolidating on its daily chart. In the past week, the Dogecoin price has slipped almost 4%.

MyDoge, a top self-custodial social Dogecoin wallet, has launched a feature that allows users to purchase their favorite gift cards directly on the app using their Dogecoin (DOGE) holdings. The developers recently included the feature in its latest app update, version 1.6.0, following an announcement last month from founder Alex Lewis.

As the 2022 cryptocurrency market carnage continues to play out, most investors in meme coin Dogecoin (DOGE) are still making money. Notably, DOGE’s popularity and gains have slumped significantly, with the token unable to replicate the gains of 2021. 

Kabosu, the Shiba Inu dog behind the face of Dogecoin and the “doge” meme is in a “dangerous position” healthwise, according to her owner. In a Dec. 26 Instagram post that was then shared on Twitter, Atsuko Satō, a Japanese kindergarten teacher and Kabosu’s owner said the rescue dog was in a "dangerous" state, but assured her followers that she will “absolutely fine” and is “getting power from all over the world” (translated) from supporters. The news brought an outpouring of support from followers. One Twitter user sending well wishes offered to fully cover “any expenses needed to make sure she gets the best treatment.” (Cointelegraph)

According to WhaleStats, Dogecoin, also known as DOGE, became the most traded token among the top 100 Binance Coin (BNB) holders. On the way to this achievement, DOGE overtook Filecoin's token, FIL, which has been particularly popular with these investors in recent days.

After a tough week for Dogecoin (DOGE) investors, there was at least a small Christmas present from the European crypto exchange Bitstamp yesterday. The fifth-largest exchange by spot trading volume, according to recent data from CoinMarketCap, announced that it will list Dogecoin.