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Doge Racer the Mario Kart’ of Dogecoin Releases New Update Can Now Pay With DOGE

Doge Racer, the ‘Mario Kart’ of Dogecoin, Releases New Update, Can Now Pay With DOGE

Doge Racer, a Dogecoin themed racing game, has just announced its v1.17 alpha. The new update allows players to buy the game with Dogecoin.

Doge Racer, an indie game inspired by the Dogecoin community, has just released its version 1.17 alpha. The game can now also be purchased using the Dogecoin (DOGE) cryptocurrency.

What Is Doge Racer?

Doge Racer is a video game created by the developer Anthony Cicero, who runs TCiceroDev.com. Doge Racer has previously been described as the ‘Mario Kart’ of Dogecoin, with its similar gameplay style. Each racing car is driven by a Shiba Inu dog (the Dogecoin mascot), and other Dogecoin related graphics feature heavily throughout the game. Some of the main features of the game include Story Mode, Split-screen Multiplayer, Online Mode, Vehicle Customization, and more.

What Changes Does the New Update Bring?

Aside from being able to buy the game using Dogecoin, v1.17 has also brought along with it a number of other changes. An early version of Doge Racer VR (virtual reality) is now available, and there is a new login system, as well as Dogecoin tire customization. The ‘Dogecoin Mine’ course and the ‘Crypto Highway’ have been re-added with lots of changes, a respawn button has been added, and many bugs have been fixed.

Buying Doge Racer With Doge

To purchase the game using Dogecoin, players will first need to create an account at http://www.tcicerodev.com/TCDNET/register.php. Then once logged in to the site, the option is available to purchase using Dogecoin. All Dogecoin payments are handled through Coin Payments. A limited time offer currently stands at 1000 DOGE (about $2.20 at today’s exchange rate) to buy the full version. Doge Racer also has a Patreon page for those who want to support its development and gain early access to future versions.

Other Developments in the Dogecoin Community

Dogecoin released its version 1.14 in June this year. The Dogecoin Developers Twitter account recently stated that there was 40% adoption of this new version, and encouraged those using the older version to upgrade. The update has brought with it some performance improvements, new features, bug fixes, and updated translations for Dogecoin. The Dogecoin v1.14 release notes state: “Validation speed and network propagation performance have been greatly improved, leading to much shorter sync and initial block download times.“

Dogecoin.com Ownership Transferred to Developers

Ownership of the Dogecoin.com domain has now been handed over to the lead Dogecoin Developer, Ross Nicoll. The website was created by Jackson Palmer and Billy Markus, who were the original founders of Dogecoin. The two held onto ownership of the website until very recently, but as they are no longer actively working on the Dogecoin project, they decided to pass ownership to the current developer team. Control of the website will allow the developers to promote better and educate people on Dogecoin and the DOGE ecosystem. Eventually, the domain is expected to handled by a non-profit entity that can facilitate better ownership of shared items.

Article Produced By
Darren Brazer

Managing Editor, Tech Journalist, and Financial Market Analyst. Darren has over four years of experience as a market commentator and two as a journalist. As Darren's experience in the blockchain industry has grown, so has his ability to spot stories, build industry contacts, and maintain a factually accurate standard of reporting. Darren started at [blokt] as a journalist, and due to his incredible attention to detail, he progressed to an Editor position. This was followed shortly after by his promotion to the Managing Editor position. He is responsible for maintaining our editorial process and guidelines for journalists, and for ensuring our editorial policy demands high professional and ethical standards from our writers. Darren has previously held positions at investopedia.com, ics-digital.com, and icmarkets.com.

https://blokt.com/news/doge-racer-the-mario-kart-of-dogecoin-releases-new-update-can-now-pay-with-doge

Heiko Closhen, Entrepreneur

Dogecoin Price Prediction 2020 2025 2030: Future Forecast for DOGE

Dogecoin Price Prediction 2020 | 2025 | 2030: Future Forecast for DOGE

Dogecoin

In this forecast, we will put out our own and market’s opinion

(both from popular algorithms and experts)

on Dogecoin future while discussing Dogecoin price forecast for 2020 and beyond. Now, let’s delve deep into the Dogecoin price prediction and answer questions if Dogecoin is a good investment or not, why will Dogecoin succeed or fail or while will Dogecoin price rise or drop, let’s quickly do a review on Dogecoin and its to date history.

Our DOGE Price Prediction for 2020

Dogecoin is currently out of the top 30 coins in the cryptocurrency market ranked by market cap. Even though market capitalization has been proven time and again, as a lacking measurement for a coin’s success, it is still the benchmark when it comes to cryptocurrencies. Dogecoin, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, Dogecoin can hope for one as well. Since a strong Bitcoin move in 2020 is very likely, we can expect some swings and moves upwards by DOGE as well. So 2020 will be a year of potential big moves (more likely upwards) and we can see Dogecoin at least doubling its end of 2019 price value. Of course, we speak about Dogecoin price denominated in USD. In terms of its BTC value, it is more likely that BTC will outperform it and DOGE will be worth less Satoshis by the end of 2020. It seems that Dogecoin price will end the year in a tight bear grip, just like the rest of the cryptocurrency market. Next year doesn’t look to bright either in our opinion.

DOGE-BTC Price Correlation

The vast majority of trading that occurs in the crypto markets are between BTC and altcoin trading pairs. Since most altcoins do not pair with fiat currencies (and only a few are paired with stable coins like USTD), Bitcoin is the next best option. Therefore, when Bitcoin is stable, it forms as the ideal base currency for buying altcoins (which is why altcoins tend to do well when Bitcoin goes sideways).

Correlation is measured on a scale from -1 to 1. Values above 0 shows the degree to which altcoin is moving in the same direction as BTC prices (either up or down in tandem), and values below 0 shows the degree to which altcoin moves in the opposite direction of BTC prices (so when BTC goes down, altcoin goes up, or vice versa). Values around 0 shows that when BTC price moves, altcoins stays steady, or alternatively that when altcoin moves up or down that the BTC price is staying steady.

Based on the correlation analysis, BTC and DOGE have a strong positive relationship. The correlation coefficient of their prices is 0.44, which was calculated based on the previous 100-days’ price dynamics of both currencies. What all of this aims to convey is, Dogecoin price is highly dependent on bitcoin price action. Individual price analysis for a particular coin makes sense only in a narrow set of circumstances. Technical analysis is even more lacking for a long-term forecast of a coin’s future. The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market. 

Vitalik Buterin, co-founder of Ethereum said:

“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”

Dogecoin Projections 2020 – 2025

As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will DOGE be among those 5%? If we are honest, there is not much going on for Doge aside of this welcoming and ardent community. It is unreasonable to expect a long-term Dogecoin survival if that is the only hinge for the project.

Dogecoin (Doge) Price Predictions by Market and Experts

#1 WalletInvestor Dogecoin Price Prediction
By the end of 2020, Dogecoin may certainly reach $0.00263 according to the algorithm from walletinvestor.com that does automatic technical analysis on all coins on the market.

#2 CoinPredictor.io Dogecoin Price Prediction
Another relatively popular site for price predictions forecasts that in December Doge price will be around $0.00026.

Dogecoin Price Prediction 2025

According to some crypto prediction algos, in a 5-year span, Dogecoin is expected to reach $0.04 mark. Dogecoin price prediction by Coinswitch implies that the Dogecoin price is up for a long-term gain and in 2025, the Dogecoin price is forecasted to stand at around $ 0.044.

Dogecoin Price Prediction 2030

Even though this is a Dogecoin prediction article, making a Dogecoin forecast for 2030 is a ridiculous thing to do. There is no price chart or price analysis that can make a reliable Dogecoin projection for such distant future. If it lives long enough to see 2030, though, Dogecoin might actually be a very sought after commodity.

Dogecoin Price Prediction 2040

2040 is two decades away, making a Doge price prediction even more preposterous and senseless task. For fun, let’s say future price of Doge will be $2.

Why will Dogecoin succeed?

Reasons for Dogecoin to go up and rise in price are scarce. It is still one of the favorite jokes around, even Elon Musk joins the fun occasionally but we simply do not see the grounds for Doge long-term success. Its use case is already taken up by bitcoin and other more serious projects. Dogecoin could hybernate its way into the future as a sentimental value that early adopters keep cherishing and using for meme and joke purposes.

Why will Dogecoin fail?

The biggest threat to Dogecoin is one of their biggest advantages: their use case. This is a joke coin – never meant to stay alive this long, nor to reach these market caps and market exposure. Eventually, the joke will stop being funny and the project will get delisted and effectively killed by the exchanges.

Will Dogecoin ever reach $1?

Every option is a possibility but with different probability of happening. Should bitcoin enter a bull run similar to the one from 2017, Doge price prediction will look much brighter as price of Dogecoin can surely climb up to its previous all time high, but reaching $1 is a holders pipedream and borderline fantasy. So, quick answer to the question will Dogecoin hit $1 is a BIG NO.

Is Doge dead?

No, judging by the team activity on social media, github, their own website. Their communities on Reddit and Telegram are also active, although much lower engagement levels are noticeable when compared to 2017. Coin is also still listed on all major exchanges which indicates that Dogecoin is far from a dead project.

FAQs

Can Dogecoin reach $10?

No. If Doge was to reach $10, bitcoin would have to be at $1 million per coin (assuming that their value ratio stays the same, very unlikely).

Can Doge be mined?

Yes, Dogecoin is a PoW coin that can be mined with the so called merged-mining techniques.

What makes Dogecoin go up?

Speculation. Speculators are still majority in the crypto markets and they don’t care what they buy as long as they think it will bring them money.

When will Dogecoin go to the moon?

Depends on the definition of the moon. If we are honest, Dogecoin had its zenit and it is all downhill from now on.

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How high can Dogecoin go?

Considering Doge has a huge supply and no real world use, its upside potential is limited by pure market speculation and forces it can produce. If the overall crypto market rockets into another mania, Dogecoin could beat all the odds and reach insane heights. But that is not likely to happen any time soon.

Dogecoin can’t be killed

Ever since its founder Jackon Palmer departed the community in 2015, the development has waned and prophecies about imminent Dogecoin death started floating around. However, as one of the Doge developers told CoinDesk back in 2017, it is pretty hard to “kill a cryptocurrency”. “Cryptocurrencies are “a bit zombie-like”, Nicoll said. “It’s very, very hard to kill a cryptocurrency.” Some might call a valueless cryptocurrency ‘dead’, but that would be missing any educational or entertainment value the token might provide. For instance, Nicoll said even after the 2014 fork, shibes were moving the old version of the coin around for about five or six months. “It was a functional currency, but you couldn’t use it at shops or on exchanges. We don’t know why they were doing it, but they were having a whale of a time,” he said.

What are the best crypto portfolio apps?

But how do you really kill it? The proverbial headshot for a ‘zombie coin’, according to Nicoll, would require removing the original code from GitHub, making it exceedingly hard to recreate it since very few people keep copies of source code material. Yet the nature of open-source software means that, in that rare instance, copies of the code could still be floating out there somewhere on the internet.”

Use cases emerging

Biggest ace in the sleeve for Doge future is its current most frequent application as a tipping currency. With websites like Litebit, Anycoin, Suchlist, keys4coins, dogegifts, clockworkcrypto and an official Reddit tip bot (there is talk of a Telegram tip bot as well), more and more ways of spending your DOGE are popping up by the day. Dogecoin is very much in line with the United States’ “tip culture”, and with the rise of reward culture on the Internet in the world, Dogecoin will also be widely used. Compared to expensive Bitcoin, the threshold for Dogecoin is even lower, and it’s much cuter. Dogecoin could become the most popular “tip cryptocurrency” in the U.S. Internet. Despite the bear beating the Doge during this extended period of crypto slaughter, 1 Doge is still worth 1 Doge and much wow is not going anywhere!

Article Produced By
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

https://captainaltcoin.com/dogecoin-price-prediction/

Heiko Closhen, Entrepreneur

Dogecoin Price Analysis: DOGE Volume Spikes A Bull’s Glimmer Of Hope

Dogecoin Price Analysis: DOGE Volume Spikes A Bull’s Glimmer Of Hope

  • Major resistance level: 31 satoshis if the first notable resistance, the major one is at 44 sats but that one is definitely out of reach for Doge in the short-term
  • Upside potential: breaking the 31 sats resistance and making it its new support
  • Downside potential: dropping back to the 27 sats or in case of a bigger sell-off to the 22 sats
  • Most likely scenario: no major moves, keep hanging in the tight area of 25-32 sats.

DOGE is currently at $0.0025 or 31 sats, being negative in the last 24 hours on the USD pair by 0.46% and 0.06 % respectively. Since DOGE price movements are highly susceptible to the market wide oscillations, we will first examine the total market cap before delving into the Dogecoin price analysis.

Total market cap analysis

Broad crypto market is stuck in the area between $220 and $230 billions. If we plot a chart of its price action, we can see that the market is hovering above a strong support area of $214 billion (data from Tradinview, off by approx $8 billion to CMC data). The price is squeezed between the EMA20 and horizontal support line at $216 billion. If we zoom out and throw a glance on the weekly chart price action, we can see that the price might touch on the Fib382 level at $205 before bouncing back up to the Fib50 at $240 billion. We need to take this into account before charting any individual coin price action.

DOGEBTC

  • Major support level: 27 satoshis
  • Major resistance level: 31 satoshis if the first notable resistance, the major one is at 44 sats but that one is definitely out of reach for Doge in the short-term
  • Upside potential: breaking the 31 sats resistance and making it its new support
  • Downside potential: dropping back to the 27 sats or in case of a bigger sell-off to the 22 sats
  • Most likely scenario: no major moves, keep hanging in the tight area of 25-32 sats.

On the 4H time-frame, we can see couple of volume spikes that sent Doge to the current height of 31 sats, right on the border of the sturdy resistance. The volume needs to be maintained if we are to see Doge detaching itself from this level, making the sturdy resistance to its new stable support level.

Trading volume and buy support

Trading volume is meager – reported volume in the last 24hrs is only $11m and “Real 10” (trading volume on the exchanges that provably prevent wash trading) volume is even lower – $3.8 million. This means that DOGE’s liquidity is highly inflated and overstated by 3x which indicates that a lot of the alleged interest in DOGE is manufactured and not organic.

On the other hand, DOGE comparatively has a solid buy support, according to coinmarketbook.cc. Buy support is measuring sum of buy orders at 10% distance from the highest bid price. This way we can eliminate fake buy walls and whale manipulation and see the real interest of the market in a certain coin. DOGE currently has a sound $4.5m of buy orders measured with this method, which sets DOGE buy support/market cap ratio at 1.44%, an above average value. Bitcoin and Ethereum have a 0.20% and 0.28% ratios, respectively. This novel metric indicates there are a lot of manipulations, inflated liquidity and fake orders on all crypto trading pairs, including DOGE pairs.

Article Produced By
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

https://captainaltcoin.com/dogecoin-price-analysis-doge-volume-spikes-a-bulls-glimmer-of-hope/

 

Heiko Closhen, Entrepreneur

Dogecoin Suffers Under Market Pressure Price Hovers Around 00026

Dogecoin Suffers Under Market Pressure; Price Hovers Around $0.0026

Dogecoin has continued the downtrend in the market.

The coin is seen battling the market pressure but could reach above $0.0026. The entire altcoin market is seen dealing with the bear from the opening hour. There are not many expectations from the coin. The traders might be seen having a low day. Yesterday, Dogecoin was witnessed touching a high at $0.002829 and a low at $0.002640. The volume noted in yesterday’s chart was $22,974,750. Let’s have a look at how the DOGE is performing today.

Looking at the Dogecoin chart, we can observe a slight fall in the price of the coin. Yesterday, the Dogecoin price started dealing at $0.002666. The price jumped from $0.002666 to $0.002738 by 2.69%. The coin immediately slipped from $0.00273 to $0.00258. The regression marked was around 6.18%. DOGE price managed to return back to $0.002685 with a slight upside movement of 0.72% during the day. Today, the coin opened with a fall. The drop is noted to be of 5.52%. Dogecoin price changed from $0.002685 to $0.002537. DOGE has booked a fall of 1.43% from the opening price till now. The coin is currently dealing at $0.002651.

Current Statistics of Dogecoin:

Particulars Dogecoin
Price $0.002651
ROI 370.23%
Market Cap $317,942,748
24-Hour Volume $22,077,826
Circulating Supply 120,953,861,298 DOGE
Total Supply 120,953,861,298 DOGE

Dogecoin is started moving downwards due to current market pressure. Well, the downfall doesn’t seem to pass anytime soon. The intraday traders might be seen suffering today. Dogecoin has a high future prospect. Altogether, DOGE would give a high return on investment to the long-term traders.

Article Produced By
Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

https://www.cryptonewsz.com/dogecoin-suffers-under-market-pressure-price-hovers-around-0-0026/39187/

Heiko Closhen, Entrepreneur