The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
Dogecoin

Dogecoin Catches Tailwinds from NFT Sale, Bitcoin Price

by Miki 06/14/2021
by Miki 06/14/2021 0 comment

Dogecoin, the internet meme cryptocurrency that has taken the world by storm, has the wind at its sails today. DOGE has added 5% in the last 24-hour period but remains down nearly 14% over the past week. Year-to-date, Dogecoin is outperforming nearly every other asset.

The sixth-biggest cryptocurrency, which teeters between bubble status and sustainability champion, is on the rise today after making a splash in the hot NFT space coupled with a rising bitcoin price that has the top-10 cryptocurrencies seeing green.

Top DOGE

Two of the most popular themes in the cryptocurrency industry have connected. Non-fungible tokens, or NFTs, are a hot new trend in the crypto market. These tokens contain assets such as art, video, pictures and pretty much anything their creators can imagine. Most of them are built on the Ethereum blockchain, which has strengthened the use case for that network in the interim.

Dogecoin has become the top DOGE after a token with a picture of a Shiba Inu Japanese breed dog, which happens to be the mascot of the Dogecoin project, sold for  1,7000 ether, or USD 4.06 million. The real dog, whose name is Kabosu, evolved into the wildly popular Doge internet meme.

The transaction happened on decentralized auction house Zora. After sparking a bidding war, the winning offer went to Twitter user @PleasrDAO, a group that seems to collect NFTs.  The picture of the Shiba Inu was snapped in 2010 by the dog’s owner, Atsuko Sato.

Congratulations to @PleasrDAO for winning the original #Doge NFT auction! 🥳

Won at 1.696.9 ETH ($4.06 million)‼️

Today, you made history for us at Zora & @kabosumama by buying the most expensive meme of all time 🤯🚀 pic.twitter.com/nKa0fNPH3K

— ZORA ☼☽ (@ourZORA) June 11, 2021

Dogecoin joins the ranks of Beeple, the digital artist who recently sold his NFT entitled “Everydays: The First 5000 Days”for USD 69 million at auction house Christie’s.

Bitcoin Bump

Dogecoin has been trading with the sentiment in the broader cryptocurrency market. As fate would have it, bitcoin is leading the broader market higher on the heels of some bullish comments from Dogecoin bull Elon Musk about bitcoin. Musk recently exerted his influence in the cryptocurrency market by criticizing bitcoin’s high energy consumption, which triggered a downturn in the BTC price.

The Tesla chief has now tweeted that once about half of bitcoin mining originates from renewable energy sources instead of dirty fossil fuels, the EV maker will support BTC transactions once again. This has lifted the mood of the market, including DOGE.

While the Dogecoin community would prefer to see Dogecoin trading on its own merits rather than the whims of the market, they have nothing to complain about. Dogecoin has outpaced bitcoin’s gains this year by 50x, as noted by crypto influencer Udi Wertheimer.



Source link

Views: 1
BitcoinCatchesDogecoinNFTpricesaleTailwinds
Share
0
FacebookTwitterPinterestEmail
previous post
Paul Tudor Jones says Bitcoin Would Certainly Make Atleast 5% of His Portfolio
next post
CABEI Comes to El Salvador’s Rescue Amid IMF Concerns, Offers to Assist in BTC Implementation

Related Posts

Not a Whale, Not a Representative – Dogecoin...

12/28/2021

Crypto Flipsider News – ETH Outflow at 4-Year...

12/28/2021

Shiba Inu Is the Most Viewed Crypto in...

12/28/2021

Elon Musk Tells TIME Magazine Why Dogecoin is...

12/28/2021

Susan G. Komen Organization Now Accepts BTC, ETH,...

12/27/2021

Dogecoin Co-founder Billy Marcus Reveals Today How Many...

12/27/2021

Bitcoin Has Proven Itself, Says Billionaire Ray Dalio

12/27/2021

Dogecoin Prediction for 2022, Which Crypto Might Outshine...

12/27/2021

Shiba Inu Price Prediction For 2022 By DailyCoin

12/27/2021

Dogecoin (DOGE) Foundation Is Working with Buterin in...

12/27/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Prime Rising Crypto Innovators to Be careful in 2021

  • Uniswap V3 deploying on Polygon has this impact on UNI prices

  • Rise of Bitcoin (BTC) Mining in Texas Raises Power Grid Concerns

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,967.00-1.08%
  • ethereumEthereum(ETH)$2,034.51-2.27%
  • tetherTether(USDT)$1.010.41%
  • usd-coinUSD Coin(USDC)$1.010.82%
  • binancecoinBNB(BNB)$299.24-1.27%
  • rippleXRP(XRP)$0.420929-2.08%
  • cardanoCardano(ADA)$0.572.34%
  • SolanaSolana(SOL)$54.151.98%
  • Binance USDBinance USD(BUSD)$1.010.56%
  • polkadotPolkadot(DOT)$10.99-0.86%
  • dogecoinDogecoin(DOGE)$0.088657-1.17%
  • AvalancheAvalanche(AVAX)$33.56-3.10%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,961.00-0.79%
  • Lido Staked EtherLido Staked Ether(STETH)$2,007.52-1.58%
  • tronTRON(TRX)$0.069417-1.14%
  • Shiba InuShiba Inu(SHIB)$0.000012-1.83%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • daiDai(DAI)$1.000.58%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • CronosCronos(CRO)$0.190662-0.87%
  • litecoinLitecoin(LTC)$67.59-2.01%
  • LADZLADZ(LADZ)$0.0686894.36%
  • matic-networkPolygon(MATIC)$0.68-0.97%
  • NEAR ProtocolNEAR Protocol(NEAR)$6.76-0.77%
  • leo-tokenLEO Token(LEO)$4.980.67%
  • FTX TokenFTX Token(FTT)$32.030.71%
  • HederaHedera(HBAR)$0.389473-3.44%
  • bitcoin-cashBitcoin Cash(BCH)$202.69-3.12%
  • RareRare(RARE)$0.0461220.00%
  • chainlinkChainlink(LINK)$7.44-1.54%