Will the price of Dogecoins increase in 2020

Cryptocurrencies 2021 - the top 10 by market value

Contents

-> at the current Bitcoin rate
-> to the current Ethereum course
-> to the current Dogecoin rate

CRYPTO CURRENCIES NEWS:

May 19, 2021 - Green cryptocurrency - a new insider tip?

  • Musk criticizes the exorbitant energy consumption of cryptocurrencies
  • Traditional coins leave feathers

Tesla recently stopped its payment transactions with Bitcoin, referring to the catastrophic energy balance. This brought the prices of most of the major cryptocurrencies such as Bitcoin, Ethereum and Co. to collapse. According to Digiconomist's Bitcoin Energy Consumption Index, the Bitcoin network currently consumes 117.6 MWh of electricity per year, which is the annual consumption of the whole of the Netherlands. Elon Musk also knows that this enormous energy consumption is not justifiable in the long term, especially in view of climate change. There are, however more climate-friendly alternatives among the cryptocurrencies. A prime example here is, for example Peercoin. The climate-friendly altcoins are currently booming like the Peercoin or Cardano. The prices for PoS blockchains such as Cardano (ADA), Polkadot (DOT), Stellar (XLM) or Kryptodino Peercoin (PPC) have increased by double digits within a few days.

Peercoin Chart from finanzen.net

Cardano Chart from finanzen.net

May 4th, 2021 - Ethereum and Dogecoin at all-time highs

While Bitcoin has fallen a bit in the last few days, the crypto currencies Ethereum and Dogecoin are reaching their highest price to date. Ethereum yesterday scratched the $ 3,500 mark. At the beginning of 2021, the price was only around $ 1,000. The is currently developing an equally brilliant development Dogecoin down. This cracked the € 0.5 and climbs with a market capitalization of around 62 billion euros Fourth place in the TOP crypto currencies by market value.

04/29/2021 - Musk pushes Dogecoin

  • Musk's tweet pushes the Dogecoin rate by 24 percent
  • The Dogecoin ranks 6th among the most traded cryptocurrencies

Musk also has a hand in the development of the Dogecoin's price. After his tweet "The Dogefather SNL May 8th", which probably referred to the Dogecoin, the latter rose as a result 0,$ 26 to over 0.32dollar. That corresponds to a price increase of stately 24 percent. The Tesla boss has repeatedly been influencing the development of various crypto currencies lately.

The interest in Dogecoin has risen sharply recently - you can see that with a look at the market capitalization of the coin. There are currently 32,847,408,542 euros in circulation. This places Dogecoin in sixth place among the currently most popular crypto currencies.

Dogecoin chart from finanzen.net

04/28/2021 - Tesla is parting with parts of its Bitcoin deposits

  • Tesla parts with 10 percent of Bitcoin assets ($ 101 million)
  • Musk appeases
  • Bitcoin price falls on Wednesday

Tesla parted with parts of its Bitcoin assets, which caused an uproar within the crypto scene. After all, Musk is considered one of the opinion makers and pushers when it comes to Bitcoin. His statements carry weight and can influence the course. When asked on Twitter, he said: “No, I haven't sold any of my bitcoins. Tesla sold 10% of its holdings essentially to prove Bitcoin's liquidity as an alternative to keeping cash on balance sheet ”.

On Wednesday, the Bitcoin price fell from $ 55,009.09 the previous day to $ 54,322.80.

Bitcoin chart from finanzen.net

April 21st, 2021 - is now the right time to get started?

After most cryptocurrencies have had to give up in the last few days, many investors rightly ask themselves whether this would not be the ideal time to invest in digital currencies. The fact is that Bitcoin and Co. can currently be obtained at comparatively favorable conditions. Last week, for example, the Bitcoin price was around 7,500 euros higher. Many experts predict further growth potential. An alternative for all those who are currently shy of entering into individual crypto currencies could possibly be an investment in a diversified crypto fund or ETF.

April 19, 2021 - Bitcoin collapses by 15 percent

In the past few weeks, the Bitcoin chart has only known one way - steeply uphill! But now there was a severe course correction last weekend. The Bitcoin course broke by around within a few hours 15 percent (from around $ 61,500 to less than $ 53,000). He pulled other cryptocurrencies with him. Because at Ethereum it looked very similar. The course slumped from a good 2,400 to around 2,000 dollars from. Most popular currencies suffered double-digit drops.

Bitcoin Chart 04/19/2021 - from finanzen.net

The only exception was the Dogecoin. In total, around 300 billion dollars have been lost in the entire cryto market in the last few days. Such price losses are nothing unusual, however. You could also be a result of the stepped up action by the US Treasury Department oppose the use of cryptocurrencies for money laundering. Besides, could too partial crypto ban in Turkey be one of the triggers. The crypto market remains exciting!

April 16, 2021 - Dogecoin at an all-time high

Price explosion in Dogecoin:

Chart: finanzen.net

In the last few days, the Dogecoin started another rally and first cracked the important 0.1 dollar mark, only to then continue to shoot up steeply. On Thursday he temporarily reached the $ 0.15 mark. The market capitalization, respectively the trading volume, has also increased significantly: Dogecoin can now place itself among the top 10 crypto currencies and is represented on the market with around 27 billion euros. This corresponds to a doubling compared to February.

March 19, 2021 - Bitcoin and Ethereum continue to be popular with crypto experts

  • Crypto guru Bobby Lee expects the Bitcoin price to multiply
  • Ryan Watkins believes Ethereum will overtake Bitcoin

With his recent very accurate prognoses for the Bitcoin rally, the entrepreneur in the crypto currency industry Bobby Lee was able to make himself heard by many investors and community members. “I am convinced that this year it will go up at least four to five times. We'd end up at $ 200,000 - $ 250,000, ”said Ballet's founder and CEO.

Bobby Lee on Twitter

Ryan Watkins from the information service Messari assumes that Ethereum will overtake Bitcoin in the medium term. He sees reasons for this in particular in the consistent and constant further development of the Ethereum network and the new technology behind Ethereum 2.0. Watkins predicts that Ethereum can handle up to 100,000 transactions per second after the technology update. Bitcoin, on the other hand, is limited to two to six transactions per second.

CryptoCircle shows 5 reasons why ETH 2.0 should be better than Bitcoin:

03/15/2021 - Bitcoin cracks 60,000 US dollars for the first time!

Apart from minor corrections, Bitcoin has been flying high since autumn 2020 and is breaking new records week after week. Driven by announcements from PayPal and Elon Musk, the most popular cryptocurrency cracked the magical $ 60,000 mark last Sunday. Furthermore, the enormous increase is probably due to the recently adopted by Joe Biden, US $ 1.9 trillion economic stimulus package traced back.

Instead of investing themselves like other companies, PayPal enables its users to easily trade cryptocurrencies with PayPal Crypto:

March 5th, 2021 - Bitcoin is scratching the $ 50,000 mark again

After making course corrections in the meantime, Bitcoin is on the up again. Although the price of the most famous cryptocurrency is still well below the all-time high of 58,000 US dollars in February 2021, a downward spiral has been averted. In addition to Bitcoin, the stocks of numerous companies active in the crypto space have also risen. The current crypto hype doesn't seem to be over yet.

After consolidation in the meantime, Bitcoin can regain ground in the first week of March 2021. Chart: finanzen.net

02/15/2021 - The Dogecoin rate falls by around 15 percent

Tesla boss Musk triggered a wave of sales with his comments on Dogecoin. Last Monday, Musk criticized the currency, whereupon the rate collapsed massively. "If big Dogecoin holders sell most of their coins, I fully support that," said Musk. The Dogecoin rate has fallen by around 15 percent within 24 hours. Dogecoin is currently a fairly popular peer-to-peer cryptocurrency derived from Litecoin. The name and design are based on the so-called doge meme.

Dogecoind weekly chart, source: finanzen.net

More information about the Dogecoin:

12.02.2021Bitcoin marks a new record high thanks to Elon Musk - what's next?

  • Bitcoin hit a second record high of $ 48,481 on February 12, 2021
  • Small investors sense their opportunity
  • Social networks encourage purchases

Anyone who last thought that the Bitcoin rally was over was wrong. Fired by Tesla boss Musk, the Bitcoin shoots to just under 40,000 euros in February 2021! He reached right away in no time an all-time high twice in a row - on February 9th and February 12th, 2021. Bitcoin is currently on everyone's lips again. The course is currently being driven by hype in social networks and increasing acceptance by companies and investors. But is it currently still worthwhile for small investors to get started?

Bitcoin weekly chart - source: finanzen.net

Nobody can predict how Bitcoin will develop. However, the fact is that inexperienced small investors in particular can also lose a lot of money when trading cryptocurrencies. Anyone who invests in Bitcoin should be aware of this and ideally not invest money that is actually needed for other financial obligations. Right now there is high volatility in the crypto market and short-term price falls are quite conceivable. If you want to try your luck, it is better to act with "play money", which can be dispensed with in the worst case. It remains exciting.

The top 10 cryptocurrencies by market capitalization in 2021

For most of those who deal less intensively with digital currency, only Bitcoin is probably a term. For many, it is, so to speak, representative of Kypto currencies. In addition to Bitcoin, Ethereum, Ripple and Co., there are hundreds of other digital currencies. The website coinmarketcap.com listed around 7,300 actively traded cryptocurrencies in 2020. Of these, however, only a few “significant players” are on the market. Below is an overview of the 10 most popular cryptocurrencies around the world.

#SurnameMarket capitalizationCurrent weekly chart

Binance Coin

€79,768,599,664

Dogecoin€73,314,152,126

XRP

€53,363,503,402

Tether

€43,950,881,775

8
€27,894,738,191
Uniswap

€8,613,061,085

€8,202,486,144

 

Market capitalization as of: 05.05.2021, Source: CoinMarketCap

-> to the daily updated rates: CoinMarketCap

The market capitalization results from the multiplication of the current price and the total number of coins in circulation. Therefore it is subject to constant changes.


Bitcoin - is there still anything going on with the “mainstream coin”?

Bitcoin was the first cryptocurrency based on blockchain technology and, despite technological deficiencies, is still by far the most valuable and widely used cryptocurrency. It is being accepted by more and more providers as a means of payment and has been attracting great interest from numerous companies for some time. Due to its high media presence, it is already known to large parts of the population. From March to June 2019, the Bitcoin picked up again enormously and then sagged a bit again. In the period from December 2019 to February 2020, however, he was able to start a small rally again.

Video source: Frank Thelen

Bitcoin picked up speed again towards the end of 2020. Chart: finanzen.net

Ethereum - Bitcoin's fiercest competitor

In contrast to Bitcoin, Ethereum is not just a currency, but also a network for so-called “smart contracts”. These “smart contracts”, for example, can only distribute money if a whole group of people agrees. More than 200 organizations, including companies such as JPMorgan Chase, Mastercard or Cisco Systems, are currently experimenting with Ethereum. Ethereum Blockchain forms the technological foundation of many other crypto currencies and was introduced in 2015. In December 2019, Ethereum hit an annual low, only to skyrocket shortly afterwards.

Ethereum - explained by financial flow

Ethereum's 2020 annual balance sheet is impressive! The percentage rate increase is almost double that of Bitcoin. Chart: finanzen.net

Tether - risky price fluctuations

The unregulated token crypto currency Tether is traded as a so-called stablecoin 1: 1 to the US dollar. The fact that Tether is issued solely by the company Tether Limited is viewed critically. Many complain about the lack of transparency. In addition, there are allegations that Tether Limited has masked lost funds of $ 850 million. Tether is very volatile over the course of the year: Tether's price is subject to enormous fluctuations in 2019 and 2020. Nevertheless, Tether made it into the top ten most traded cryptocurrencies.

Video source: CryptoCircle

Not for the faint of heart: in 2020 the tether price was very volatile. Chart: finanzen.net

Ripple - "the Bitcoin of the banks"

The great advantages of Ripple are the short processing times and the low transaction fees, which is why Ripple has also received special attention in the banking sector. It enables cost-effective and efficient cross-border payment transactions. This also makes it attractive to companies such as American Express, Santander and MoneyGram International.

Video source: https://www.finanzfluss.de/geldanlage/ripple/

Ripple also saw an impressive price increase towards the end of 2020. Chart: finanzen.net

Litecoin - faster block times

The Litecoind is very similar to Bitcoin, but has a modified mining mechanism and can therefore process blocks at four times the speed. It was created back in 2011 and is based on an open source encryption protocol. A peer-to-peer network manages transactions, balance sheets and expenses.

Video source: Finanzfluss website: www.finanzfluss.de

Towards the end of 2020, a similar picture emerged with Litecoind as with many other top 10 cryptocurrencies: the price rose sharply in autumn and winter. Chart: finanzen.net

Bitcoin Cash - the modification of Bitcoin

Bitcoin Cash emerged on August 1, 2017 through the split from the Bitcoin network and has now risen to the fourth largest cryptocurrency. The advantages of Bitcoin Cash are, similar to Ripple, in the faster information processing and the resulting faster transaction times.

Video source: Financial freedom thanks to cryptocurrencies

The steep rise at the beginning of the year was followed by a prompt crash. The price then stabilized slightly at a lower level, and the year-end rally largely failed to materialize. Chart: finanzen.net

Cardano - the scientifically proven cryptocurrency

Cardano is cryptocurrency and blockchain platform at the same time and aims to scientifically research and solve all the difficulties currently known in blockchain currencies. It is the first cryptocurrency based on peer-reviewed research and developed using evidence-based methods. Cardano's goal since 2015 has been to completely redesign the way cryptocurrencies are generated and ultimately to create a decentralized platform in terms of scalability and security for complex and programmable value transfer.

Cardano - simply explained by Dr. Julian Hosp - Bitcoin, stocks, gold and Co.

With massive price increases in early summer and autumn / winter, Cardano is one of the best performing blockchain currencies in 2020. Chart: finanzen.net

Ethereum competitor Polkadot makes it into the top 10

The still relatively young crypto currency Polkadot can rank among the top 10 in 2020. Polkadot is a sharded multichain network, which means that many transactions can be processed in parallel in several chains (“parachutes”). This parallel processing power improves scalability. Custom blockchains are quick and easy to develop using the Substrate framework and can be connected to the Polkadot network in minutes.The network is also very flexible and adaptable and enables the exchange of information and functions between participants, similar to apps on a smartphone. Polkadot can be updated automatically to implement new functions or to eliminate bugs. The network has a sophisticated system of user-driven governance that also helps ensure security. Communities can adapt the governance of their blockchain on Polkadot to their needs and changing conditions.

What can the new cryptocurrency do? Krypto Report gets to the bottom of this question.

Binance Coin

The Binance Coin (BNB) is the credit currency of the Binance trading platform. Only crypto currencies are traded on this. It achieved enormous success after a very short time and mainly focuses on the Chinese market. Binance stands for a combination of words “binary” and “finance”. More precise technical data about the Binance Coin are still not known.

Video source: Dr. Hamed Esnaashari

The Binance Coind has been on the rise since March and closes the year with a big plus. Chart: finanzen.net

Chainlink - a revolution for smart contracts?

Since Chainlink appeared in the world of cryptocurrencies, the new platform has caused a stir in the crypto market and aroused the interest of DeFi companies, crypto investors, blockchain and large technology and financial institutions such as Google and SWIFT. Chainlink's technology aims to solve one of the greatest challenges in the actual implementation of smart contracts: The blockchain is connected to data from the "real world", e.g. B. using the market price or the delivery confirmation from Oracle (blockchain connectivity).

Should you get in now? Chainlink simply explained by Dr. Julian Hosp - Bitcoin, stocks, gold and Co.

Chart 2020: finanzen.net

Bitcoin SV - Satoshi Vision

And another bitcoin clone. The BSV, introduced in 2018, is a so-called hard fork currency as a modification of Bitcoin Cash and is also based on blockchain. There were various reasons for the split, mainly technological. Bitcoin SV and Bitcoin Cash differ mainly in terms of block size. With Bitcoin SV it has been quadrupled and is a maximum of 128 MB. Bitcoin SV stands for Satoshi Vision. The BSV continues to use the SHA-256 algorithm for mining. The course had to lose a lot in the period from March 2019 to February 2020.

Video source: block trainer

EOS - survived the little crash unscathed

EOS is one of the few cryptocurrencies that survived the small crypto crash in January 2018 largely without damage. According to Block.One, EOS manages up to 50,000 transactions per second, clearly outperforming Ethereum. EOS has not been around for long and was among the top ten in 2019.

Video source: Dr. Julian Hosp - Bitcoin, stocks, gold and Co.

Looking at the year as a whole, EOS was a negative deal for investors. Chart: finanzen.net