ERT Cyrpto News.2024-05-07 19:10

Interesting Data Started to Come in Dogecoin: “There is a Signal of Change in the Price Trend”

Altcoins are experiencing a resurgence, led by Dogecoin (DOGE). Data revealed that a significant amount of old DOGE was transferred from dormant wallets today. This activity, combined with the emergence of 121 new wallets last month, each holding more than 1 million Dogecoins, indicates renewed interest in the memecoin-based cryptocurrency, according to Santiment analysts. According to Santiment analysts, the increase in activity in long-dormant DOGE wallets has reached its highest level since June, which analysts claim is a signal of change in the course of the price. In addition, the number of daily active Dogecoin addresses has increased by 87% since the beginning of November, according to data. Astrobotic company's DOGE Lunar Mission is expected to be launched in December. Related Content: Will Binance Need to Sell Its Bitcoin and Altcoin Assets? How Much of Which Altcoin? Here are all the details However, the altcoin market had witnessed a contraction in market values even before the recent Binance news, which many attributed as the reason for one of the most significant pullbacks of the year. Interestingly, some traders seem to be swapping their Binance Coins (BNB) for FTX's native token, FTT, following the Binance news. *This is not investment advice.

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Crypto NFT Mining Researcher.2024-05-07 19:10

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Cryptic Ari.2024-05-07 19:10

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DOGECOIN PRICE WILL X8500 AFTER THIS UPDATE?? - DOGECOIN PRICE PREDICTION 2024 & FORWARD

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اربح من كليك money click NASIF.2024-05-07 19:10

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Colin Boyd SEO.2024-05-07 19:10

Dogecoin Dazzle: Netflix Director’s $4 Million Bet Turns Into $27 Million

Dogecoin Dazzle: Netflix Director’s $4 Million Bet Turns Into $27 Million⁣ #director #bet #dazzle #turns #millions https://ayr.app/l/rMia

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ERT Cyrpto News.2024-05-07 19:10

Netflix's $4M Dogecoin Gamble A $27M Win

Netflix invested 4 million dollars of its budget in Dogecoin and made 27 million dollars. According to a report published in The New York Times on November 22nd, the director of Netflix's sci-fi series Conquest took 4 million dollars from the show's budget to bet on Dogecoin and reportedly made 27 million dollars in the process. The article in The New York Times referred to a secret arbitration case and revealed the behind-the-scenes events of director Carl Erik Rinsch's sci-fi series Conquest, which cost 55 million dollars to produce and has yet to release a single episode.In March 2020, 16 months after Netflix allocated a starting budget of 44 million dollars to acquire Rinsch's idea, the director requested additional funding. Netflix agreed to this and invested an additional 11 million dollars in the project on the condition that Rinsch would complete the series.According to financial statements obtained by The New York Times, Rinsch used 10.5 million dollars from the new funding to gamble on the stock market. Allegedly, the director lost approximately 6 million dollars within a few weeks by betting on S&P 500 and pharmaceutical companies.Rinsch transferred the remaining amount of less than 4 million dollars to the cryptocurrency exchange Kraken and used it to buy DOGE. The account summary evaluated by The New York Times revealed that Rinsch made a withdrawal of 27 million dollars in May 2021.It was alleged that during a live chat with a Kraken representative, Rinsch said, "Thank you. May God protect crypto." The attorney hired for Rinsch's divorce case claimed that the director spent approximately 9 million dollars on high-end furniture, designer clothes, a luxury watch worth over 380 thousand dollars, five Rolls Royces, and a Ferrari with the income he earned.The New York Times reported that Rinsch initiated a secret arbitration process against Netflix, claiming that the streaming service breached their contract and owed him 14 million dollars in compensation. Netflix denied being indebted to Rinsch and referred to his demands as blackmail.Rinsch argued that the products purchased with the 9 million dollars were set decorations for the Conquest series. In the lawsuit he filed against Netflix, Rinsch asserted that the money belonged to him and that Netflix owed him an additional 14 million dollars. A decision regarding the case, which was heard with a mediator in early November, is expected to be made soon.

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New Meme Coin Rises; Will it Mirror Top Coins Like Dogecoin and Pepe?

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission. img class="aligncenter size-full wp-image-135513" src="https://cryptonews.com/wp-content/upl..." alt="" width="512" height="341" srcset="https://cryptonews.com/wp-content/upl... 512w, https://cryptonews.com/wp-content/upl... 300w" sizes="(max-width: 512px) 100vw, 512px" / Every day, lots of memecoins are launched, but most never make it anywhere, or pump for a week and then die down. So unless you’re very early, and are sure the token is genuine, you might be in for a ride to the bottom. GROK anyone? (There are about 20 of them listed on Dextools.io right now). However, our analysts have discovered a new coin that is exciting and has not even launched yet. We believe that this crypto has the potential to do a Dogecoin or Pepe-style rally, and it has real-world utility, unlike the majority of memecoins. Dogecoin’s Rise to Fame. Like so much in crypto, Dogecoin’s success comes down to the fact that it was early, and that it captured the hearts of many in the crypto community. This was in part due to it being used for a tipping bot on Reddit, way back when. And later it was pumped by the support of billionaire Elon Musk. Although Dogecoin hasn’t really seen any development in a long time, it’s still a big cap coin, sitting at number 10 in the list of cryptos by market capitalization – worth $10.5 billion dollars. Dogecoin hit its all-time high in May 2021 at $0.731578, and while it’s currently only worth around $0.07 now, that’s still a gain of 84,000% from when it was first listed on Coingecko in 2015. (The coin actually launched in 2013, which is proof that to be really early, you need to know about coins before they launch on CoinMarketCap and Coingecko). At time of writing Dogecoin is up by 22.7% Pepe Peaked Earlier This Year But is Still Going Strong. PEPE, the coin based on the frog-themed meme, hit its high in April this year, making millionaires overnight. Similarly to DOGE, it’s now down by 72% from there, but still up by an impressive 2000% from its listing date on CoinGecko. Unlike Dogecoin though, it is currently up by a more impressive 73% on the monthly. Why are the gains bigger than Dogecoin? Because Pepe is a smaller cap coin sitting at 97 in the market capitalization rank on Coingecko. This means that less money is needed to push the coin upwards – hence the importance of being early. Our New Market Beating Memecoin Pick. So we’ve established that to make profit, you ideally need a memecoin that: Is new Is trustworthy Captures the memecoin community And it’s those things that are getting us excited about Meme Moguls. Meme Moguls is not just a coin, but a project where people will be able to get together to trade memecoins and NFTs of memes. But there’s more – Meme Moguls has two gameplay modes planned. One is a casino and another is a fantasy trader platform where you compete against other members of the community. Both game modes allow you to play and earn MGLS tokens. There are several other ways to earn as well, from providing liquidity from which you... https://cryptonews.com/news/new-meme-... #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple

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joe rogan elon musk.2024-05-07 19:10

elon musk talking about dogecoin news today

elon musk talking about dogecoin news today description for the YouTube video about Elon Musk's support for Dogecoin: **In a world of cryptocurrencies, one meme-inspired coin has captured the attention of the world's most influential tech mogul: Elon Musk. Dogecoin, a cryptocurrency based on the Shiba Inu dog meme, has seen its value skyrocket in recent months, thanks in large part to Musk's vocal support. But is Dogecoin all it's cracked up to be? In this video, we'll take a closer look at Elon Musk's Dogecoin craze and explore whether it's worth the hype.** **Elon Musk's Dogecoin Journey** Musk's fascination with Dogecoin began in 2019, when he first tweeted about the cryptocurrency. Since then, he has repeatedly endorsed Dogecoin on social media, often sending its price soaring. In January 2022, Musk announced that Tesla would begin accepting Dogecoin as payment for merchandise, further propelling the cryptocurrency into the spotlight. **Dogecoin's Meteoric Rise** Musk's support has had a profound impact on Dogecoin's price. In 2019, Dogecoin was worth less than a penny per coin. Today, it's valued at over $0.13, representing an over 13,000% increase. This meteoric rise has been fueled by Musk's tweets and announcements, which have generated significant hype and attracted a large number of new investors. **The Allure of Dogecoin** There are several reasons why Dogecoin has captured the imagination of so many people. First, it's a fun and lighthearted cryptocurrency, with a logo and branding that appeal to a wide audience. Second, it's relatively inexpensive to buy, making it accessible to a broader range of investors. Third, Musk's endorsement has given Dogecoin a level of legitimacy and mainstream appeal that it previously lacked. **Is Dogecoin a Sound Investment?** Despite its popularity, Dogecoin is a highly speculative investment. Its price is subject to significant fluctuations, and it has no underlying value or real-world use cases. Investing in Dogecoin is a high-risk proposition, and investors could lose all of their money. **The Musk Factor** Elon Musk's influence on Dogecoin's price is undeniable. His tweets and announcements have a direct impact on the cryptocurrency's value, and his support has been a major factor in its recent success. However, it's important to remember that Musk is not a financial advisor, and his opinions should not be taken as investment advice. **Conclusion** Elon Musk's Dogecoin craze has undoubtedly brought more attention to the world of cryptocurrencies. However, it's crucial to approach Dogecoin with caution and understand the risks involved before investing. While Dogecoin may have the potential to become a more widely used currency, its future is uncertain, and its price is likely to remain volatile.

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