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Dogecoin (DOGE) challenges the red market, earns the gain



Dogecoin moves higher in the middle of Sea Of Red

After a staggering rebound on Friday, the cryptocurrency market has cooled to Saturday, with prices leveling off and a slight drop from the weekly highs . Bitcoin, for example, returned to $ 6,680 from $ 6,780, while altcoins such as Stellar Lumens, Cardano, Tron and Neo saw a 4% decline.

Even in this slight decline, which may not be bearish as some might think, Dogecoin (DOGE), a popular cryptocurrency from a joke that comes from a meme of the crypts homonym, has remained in the green.

For those who have not been involved, Dogecoin has had a stellar month, with over 130% in legal value (from $ 0.0025 to ~ $ 0.006) in the last three weeks, as indicated by Ethereum World News on several occasions . So the fact that the digital heritage, which has a strong community that supports it, has not seen a strong retracement is a positive sign, to say the least

Image courtesy of TradingView

At the time of writing, a the single DOGE is worth $ 0.0057 USD per piece and increases by 1.5% in the last 24 hours, which is rather bullish compared to losses suffered by other popular altcoins. Doge has also conquered his place as the twentieth largest cryptocurrency by market capitalization, which has cemented it as a digital resource to watch out for.

Image courtesy of CoinMarketCap

Dogecoin / Amazon Petition continues to gain traction

The Dogecoin-Amazon petition, cited in a previous article, has continued to gain adherence in a variety of cryptographic circles. At the time of the previous report on the subject, Change.org's petition, which was created in an attempt to get Amazon DOGE to accept, had only 8,000 signatures.

But now, just a few weeks later, the petition has signed by over 17,000 people on the Web.

Although DOGE support on Amazon may seem like an unattainable dream, many expect Amazon to accept cryptocurrencies, but if it is DOGE, Bitcoin or any other variety of altcoins will remain

BitRefill makes fun Dogecoin

Friday, Bitrefill, one of the leading startups in this sector, has announced that it has introduced support for its users to "convert [their] cryptocurrency in FUN (not the token, but the feeling "For those who do not know Bitrefill, it is a well-known and reliable cryptocurrency service that allows users to spend cryptocurrencies in exchange for vouchers, top-ups and gift cards.

Initially gained popularity as a service that reduced users to top up their phone bills, but as the service developed, it offered its thousands of users the opportunity to i exchange crypto for arguably better vouchers, including Steam and Hotels.com credit.

Back to the above announcement, now, you can spend your Bitcoin, Ethereum, Litecoin, Dash and Dogecoin for "USD entertainment coupons", which include credit for SiriusXM, Hulu, Nintendo, Gamestop and Groupon.

Elon Musk joins the creator of Dogecoin

Although some argue that this was probably not a catalyst of prices, this meme currency has had a huge success last week, as Elon Musk, the world's leading entrepreneur, cited Jackson Palmer, the creator of the Dogecoin project, on Twitter.

As reported by Ethereum World News earlier, Musk, who has been inundated with so-called Twitter "swaps" lately, has asked Palmer for a solution to the problem. Responding immediately, as you would if Tesla's CEO tagged you, the Adobe developer asked Musk to contact him directly for further information. Palmer also hinted that he already created a script that would completely solve the problem and is "short, simple, and just run it with cron somewhere."

After a brief conversation behind closed doors between the two, the cryptocurrency supporter published an update on the situation, claiming that Tesla's CEO had received the script, which sparked a conversation about how Jack Dorsey, CEO of Twitter, together with the San Francisco social media team, he could automate the anti-swapping solutions and solve the problem on their side.

Once again, although this unexpected conversation did not provoke any significant price action, Dogecoin and its dedicated community probably gained a fair number of followers on that day alone. [19659032] Photo of Christal Yuen on Unsplash

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