Dogecoin Price Prepares for Another Jump While Bitcoin Struggles

Negative Dogecoin Price Prepares for Another Jump While Bitcoin Struggles

Even though the previous week has not resulted in any real momentum for the Dogecoin price, this week is already off to a different start. Thanks to a small gain in USD and BTC value, it becomes apparent DOGE is enjoying the semi-bearish spell keeping all top crypto markets in its grip. There is still a long way to go prior to noting strong gains, though.

Dogecoin Price Might See Some Action

Last week did not result in any major rises or declines for the Dogecoin price . That is not entirely surprising, as this meme currency has turned out to be far more stable than most other cryptocurrencies on the market. Despite no one looking at DOGE for its stability and store of value aspects, it is something to look into regardless.

Over the past 24 hours, there has been a small uptick in both USD and BTC departments. As Bitcoin remains stuck in sideways trading momentum, altcoins will usually thrive accordingly. In the case of DOGE, it has become apparent this currency performs best when things are getting difficult for Bitcoin and other top cryptocurrencies. This weekend is shaping up to yield similar results, although it is too early to draw any real conclusions.

One of the main reasons why DOGE community members get excited is because of the services. This tool has a very real chance of taking the cryptocurrency mainstream in the future, and its anonymous tipping service can bring this popular altcoin to a lot of people moving forward. It is another example of how the Dogecoin community comes together to take this project to the next level accordingly.

For those looking to store their DOGE in a more secure manner, paper wallets are a method which should never be overlooked. Dogecoin Multisig offers paper wallets for DOGE's users and aims to serve as a decentralized method of storing this altcoin, as well as other cryptocurrencies. An interesting new addition to the ecosystem as a whole.

https://t.co/HTrGZOdIJN is essentially a bunch of different style 'paper' wallets; These are a decentralized method of storing #dogecoin and other #cryptocurrency amounts. You keep the key (don't lose it). Also the verify button originally from https://t.co/tBBsqXNP9E, it's cool.

- DogecoinMultisig (@DogecoinMulti) October 1, 2018

Shibetoshi Dogomoto is one interesting individual to keep an eye on. His recent meme involves the Dogecoin "whitepaper" which doubles as wrapping paper when buying gifts for one's dog. It is another example of the creativity found within the cryptocurrency community. Memes play an integral role in the DOGE community, and this one will undoubtedly cause some chuckles along the way.

The #Dogecoin White Paper is greatest of all time. Easily understandable in all languages, and the only White Paper that can double as wrapping paper when you buy gifts for your dog. pic.twitter.com/GwQVMl9XQW

- Shibetoshi Dogomoto 🐕 (@CEOofDogecoin) October 1, 2018

At this time, it is too early to tell what will happen to the Dogecoin price moving forward. These small gains do not necessarily herald a bigger price jump to happen in the coming hours. If the overall trading volume picks up a bit, things might get more exciting. This week will undoubtedly yield some DOGE price shifts, though nothing spectacular has materialized yet.

Disclaimer: This is not trading or investment advice. The above is for entertainment and education purposes only. Please do your own research before purchasing any cryptocurrency.

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers.

10/01/2018 / 09:06:28 Source: themerkle

DOGE Price | News | Price Analysis | altcoin | DOGE | dogecoin price | dogecoin whitepaper | | BTC|Trading|Market|Altcoin
BTC
1 BTC=$5,589.08
XRP
1 XRP=$0.4707
ETH
1 ETH=$178.09
XUC
1 XUC=$3.49
BCH
1 BCH=$376.34
EOS
1 EOS=$4.66

News Feed 50

Coindesk Neutral - What We Know About Bitcoin Cash’s Two Blockchains read more.
11/15/2018 / 22:30:13
Bitcoinmagazine Neutral - #Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand read more.
11/15/2018 / 22:28:28
Newsbtc Neutral - Report: ICO Funding Stumbles in Q3, Regulation a Primary Factor read more.
11/15/2018 / 22:00:56
Cryptoglobe Neutral - Exit Scammers Start Refunding Victims' ETH After Being 'Blinded by Money' read more.
11/15/2018 / 22:00:52
Ccn Neutral - Fork Wars: Bitcoin Cash Dev. Warns that CoinGeek Will Attack ABC read more.
11/15/2018 / 21:50:58
Bitcoin.Com Neutral - Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills read more.
11/15/2018 / 21:35:26
Cointelegraph Neutral - Microsoft Releases Cloud-Based Azure Blockchain Development Kit read more.
11/15/2018 / 21:29:00
Cryptoinsider Neutral - Daily Crypto Roundup 11/15/2018 read more.
11/15/2018 / 21:22:49
Themerkle Neutral - BCHABC Price Trends Higher as BCHSV Price Drops by 45% read more.
11/15/2018 / 21:17:32
Themerkle Neutral - Is Bitcoin ABC Really Winning the Bitcoin Cash “Hash War”? read more.
11/15/2018 / 21:02:37
Newsbtc Neutral - Bitcoin Cash War Begins: Hash Power of BCH Increasing Rapidly read more.
11/15/2018 / 21:00:17
Livebitcoinnews Neutral - New Data Shows Ethereum GPU Mining No Longer Profitable read more.
11/15/2018 / 21:00:07
Coindesk Neutral - Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions read more.
11/15/2018 / 21:00:05
Cryptoglobe Neutral - Yandex Survey: 120,000 People Use Cryptocurrencies in Moscow, Russia read more.
11/15/2018 / 21:00:00
Ccn Neutral - Bitcoin Market Cap Slides Below $100 Billion as BCH Fork Spooks Investors read more.
11/15/2018 / 20:53:01
Ccn Neutral - Moscow Residents are Slowly Warming to Crypto Payments: Study read more.
11/15/2018 / 20:09:59
Bitcoin.Com Neutral - Coinbase Ventures Backs Home Crypto Mining Startup Coinmine read more.
11/15/2018 / 20:05:32
Bitcoinist Neutral - Bitcoin Miner ‘Canaan Creative’ IPO Will Not Happen in 2018 read more.
11/15/2018 / 20:00:33
Newsbtc Neutral - European Central Bank Exec: Bitcoin is the “Evil Spawn of the Financial Crisis” read more.
11/15/2018 / 20:00:16
Themerkle Neutral - Is the Bitcoin Cash Fork Having a Negative Impact on the Crypto Space? read more.
11/15/2018 / 19:57:51
Trustnodes Neutral - BCH Races Ahead as Roger Ver Saves the Day read more.
11/15/2018 / 19:54:24
Cryptoinsider Neutral - Interview: Anthony Lusardi (ETC Cooperative) on the uniqueness of Ethereum Classic read more.
11/15/2018 / 19:50:56
Cryptoglobe Neutral - BitGo Adds GUSD (Gemini Dollar) read more.
11/15/2018 / 19:30:00
Ccn Neutral - Bitcoin Cash: ABC Futures Cross $300 in Hard Fork Aftermath read more.
11/15/2018 / 19:25:41
Bitcoin.Com Neutral - Hash Wars: The Bitcoin Cash Hard Fork Has Begun read more.
11/15/2018 / 19:08:29
Themerkle Negative - Bitcoin Price Watch: Currency Falls to Its Lowest Point in A Year read more.
11/15/2018 / 18:57:43
Cryptoglobe Neutral - Bitcoin Cash (BCH) Fork Makes Bitcoin Mining More Enticing - For Now read more.
11/15/2018 / 18:55:47
Cointelegraph Neutral - After Yesterday’s Bloodbath, Losses Continue for Major Cryptos, XRP Overtakes Ethereum read more.
11/15/2018 / 18:53:00
Cryptonewsreview Neutral - Bitcoin Cash fork goes ahead, ABC side is early front runner read more.
11/15/2018 / 18:49:28
Blokt Negative - Bitcoin’s Market Cap Falls Below $100B, Mirrors Crypto Market’s $27.5B Decline In Just 11 Hours read more.
11/15/2018 / 18:44:49
Livebitcoinnews Neutral - Market Value of Bitcoin Falls Below $100 Billion, First Time Since October read more.
11/15/2018 / 18:30:53
Newsbtc Neutral - How Low Can It Go? Bitcoin Settles Below $5,600 as Altcoins Continue to Drop read more.
11/15/2018 / 18:30:49
Ccn Neutral - Breaking: Bitcoin Cash Hard Forks — BCH Hash War Begins read more.
11/15/2018 / 18:16:06
Cryptoglobe Neutral - Prominent Bitcoin Cash Supporter Calvin Ayre Discusses the BCH Fork read more.
11/15/2018 / 18:15:00
Bitcoinmagazine Neutral - Binance Will Support USDC Trading Starting November 17 read more.
11/15/2018 / 18:11:40
Newsbtc Neutral - IMMO Has Denied Rumors of Collaboration With the Rothschilds, and That Is Why We Are Now Surer Than Ever read more.
11/15/2018 / 18:10:38
Coindesk Negative - Bitcoin Cash Just Officially Split Into Two Competing Blockchains read more.
11/15/2018 / 18:05:54
Bitcoin.Com Neutral - Canaan’s Hong Kong Listing Plans in Limbo read more.
11/15/2018 / 18:05:41
Cointelegraph Neutral - European Central Bank Exec Calls Bitcoin the ‘Evil Spawn of the Financial Crisis' read more.
11/15/2018 / 17:47:00
Cryptonewsreview Neutral - Markets wait with trepidation as Bitcoin Cash fork nears; Bitcoin price hit another 2018 low read more.
11/15/2018 / 17:31:46
Cryptoglobe Neutral - LIVE: Here’s What’s Going on at the Time of BCH’s Hard Fork read more.
11/15/2018 / 17:20:11
Cryptopotato Neutral - #Ethereum Price Analysis Nov.15: Will Support Hold? read more.
11/15/2018 / 17:12:00
Cointelegraph Neutral - Russia: Sberbank CEO Says Industrial Scale Blockchain Adoption Is 1-2 Years Away read more.
11/15/2018 / 17:08:00
Newsbtc Neutral - BitMEX CEO Accurately Called $5,000 Bitcoin in August, Is $2,000 Next? read more.
11/15/2018 / 17:00:56
Bitcoinist Neutral - Ripple (XRP) Overtakes Ethereum as Second Biggest Crypto By Market Cap read more.
11/15/2018 / 17:00:48
Coindesk Neutral - This Bitcoin Skeptic Wants to Make ‘Stable’ Cryptos for Venezuela read more.
11/15/2018 / 17:00:41
Cryptoglobe Neutral - IMF's Deputy General Counsel: Asian Countries Are Eager to 'Unlock Benefits' of Fintech read more.
11/15/2018 / 17:00:00
Ccn Neutral - Bitcoin Cash Hard Fork: How Did We Get Here? read more.
11/15/2018 / 16:59:55
Themerkle Neutral - Bitcoin Unlimited vs Bitcoin ABC vs Bitcoin SV – Node & Economic Support read more.
11/15/2018 / 16:53:55
Cryptoinsider Neutral - Without SWIFT, Iran turns to crypto read more.
11/15/2018 / 16:50:23
Negative
3.3%
Neutral
95.2%
Positive
1.3%
Mixed
0.1%

Latest comments:

4 min
Hey Sam, how is it going? But I must explain to you how all this mistaken idea of denouncing of a pleasure and praising pain was born
3 min
Pretty good. Doing my homework.. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because
2 min
Any chance to go out? To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage
2 min
.. Maybe 40-50 mins. I don't know exactly. On the other hand, we denounce with righteous indignation and dislike men who are so beguiled
1 min
Anyway sounds great! These cases are perfectly simple and easy to distinguish.