June 23 (Cointime) - The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. Dogecoin has seen a significant recovery, with a 9% increase in the past seven days.

June 22 (Cointime) - A dedicated page on the official Tesla website provides information about using Dogecoin as a payment option, including what can be purchased and how to make a purchase.

June 21 (Cointime) - Dogecoin is experiencing a bullish trend and has surpassed the $0.062 resistance against the US Dollar. The cryptocurrency may experience further growth if it clears the 100 SMA (H4).

June 20 (Cointime) - Dogecoin's price experienced a significant drop on June 5, breaking a crucial long-term support level and facing diagonal and horizontal resistance. Technical analysis shows that the DOGE price broke out from a 360-day ascending support line, indicating the possibility of a new long-term downward movement.

June 19 (Cointime) - Investing $100 in each cryptocurrency last Father’s Day would be worth the following based on prices at the time of writing:

June 17 (Cointime) - Elon Musk, the billionaire CEO of Tesla and former CEO of Twitter, has denied owning Dogecoin wallets amidst a class action lawsuit alleging market manipulation and securities fraud related to the meme coin.

June 17 (Cointime) - Elon Musk, the new CEO of Twitter, has announced a new feature that allows users to create communities based on any topic.

Dogecoin is making an effort to recover and surpass the $0.0585 resistance against the US Dollar, with the potential for a rally if it clears the $0.065 resistance zone. However, DOGE is currently struggling to overcome the $0.0628 resistance and is trading below the $0.065 zone and the 100 simple moving average (4 hours).

June 16 (Cointime) - In the past 24 hours, wealthy investors of Dogecoin have transferred hundreds of millions of dollars worth of the meme cryptocurrency. Whale Alert, a platform that tracks large transactions, reported seven similar transfers, with only one being under $48 million.

June 15 (Cointime) - Nicholas Merten, a popular analyst and host of DataDash, predicts that Dogecoin (DOGE) could trigger a rally by the end of 2021 or early 2024. Merten believes that smart money tends to accumulate altcoins like DOGE when they are heavily discounted.

Stanley Druckenmiller, a renowned investor, has expressed concern about the state of the US economy. He believes that the economy is still struggling to adapt to a more restrictive environment after years of low interest rates and easy money.

Bitcoin advocate Pierre Rochard has suggested that Coinbase should shift its focus back to Bitcoin, the original cryptocurrency, after the company's recent IPO and diversification into other cryptocurrencies. Rochard argues that Bitcoin is the most important cryptocurrency and that Coinbase's success is largely due to its early focus on Bitcoin.

In the past 24 hours, anonymous wallets have transferred almost nine billion DOGE, according to Whale Alert, a popular cryptocurrency tracking platform. The transfers were made in 10 massive transactions, with six of them carrying a similar amount of 680,000,000 DOGE each.

Dogecoin, the cryptocurrency with a meme-inspired origin, is catching the attention of investors once again as it forms a bullish chart pattern. Many are speculating whether Dogecoin has the potential to increase its value tenfold from its current level. This Dogecoin price prediction has gained significant interest as enthusiasts and traders analyze market dynamics and factors that could propel DOGE to new heights. Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest a potential continuation of the upward trend for DOGE, but traders and investors should closely monitor the market's volatility. Additionally, yPredict, an AI-powered crypto platform, has raised $1.99 million in presales and offers advanced tools and insights for traders and analysts.

Despite an increase in daily transactions, Dogecoin's price has continued to decline, dropping by 10% in May 2023. On-chain data shows a significant rise in network activity, but this has not translated into price gains. The spike in network activity is largely due to DRC-20 Ordinals transactions, with a significant drop in large transactions from whales. The prolonged decline in whale transactions suggests that DOGE's price could drop further towards $0.06, but there may be some bullish support around $0.065. The bulls could push for a rally to $0.09 if DOGE price breaks above $0.08.

Dogecoin investors have requested to amend a class-action lawsuit against Elon Musk, accusing him of manipulating the price of the meme token. The investors claim that Musk used his social media following and media appearances to profit off trades of Dogecoin through market manipulation. They allege that Musk caused the price of the token to spike by changing Twitter's logo to the Dogecoin logo. The investors also claim that the token was a security under the standards of the U.S. Securities and Exchange Commission. Musk has not yet commented on the amended complaint.

Dogecoin's daily transactions have skyrocketed by 8,220% in May, reaching a peak of 2.08 million, surpassing Bitcoin's peak transaction volume for the first time in 14 years. The surge in activity is attributed to the increasing trend of minting digital assets with a DRC-20 standard on the Dogecoin blockchain, combined with the network's low transaction fees. Despite the impressive growth in transaction volume, Dogecoin's price has not reflected the surge, dropping by 0.16% in the last 24 hours and 8.84% over the previous month. Experts predict Dogecoin's price to range from $0.08 to $0.1 by the end of the year.

Dogecoin's daily transactions skyrocketed by 8220% in May, hitting a peak of 2.08 million on May 27th, as per data from IntoTheBlock.

Dogecoin has seen a rise in value from its $0.0685 support level against the US Dollar, but is struggling to surpass the $0.074 resistance zone.

The cryptocurrency market can be heavily influenced by high-profile figures, as demonstrated by Elon Musk's recent tweet about Dogecoin (DOGE), which caused a significant price increase. However, the utility token HedgeUp (HDUP) has also seen a surge in price due to its practical applications and successful presale, showing that real-world functionality can also drive growth. Despite their different strategies, both Dogecoin (DOGE) and HedgeUp (HDUP) have captured investors' attention and delivered price gains. As an investor, it's important to stay updated and responsive to the constantly changing dynamics of the cryptocurrency market.