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On Tuesday (May 4), with DOGE-USD trading near all-time highs, popular pseudo-anonymous crypto analyst “Kaleo” says that his technical analysis of the DOGE-ETH pair suggests that Dogecoin seems set to outperform Ethereum in the short term.
Maybe this is the more important chart to pay attention to than the BTC pair at this point. Dogecoin looks ready to make another leg up… vs. Ethereum. pic.twitter.com/p73sHQ1mfd
— K A L E O (@CryptoKaleo) May 3, 2021
The chart below by TradingView shows how well Dogecoin has performed vs Ethereum in the year-to-date (YTD) period on crypto exchange Bittrex.
As for Dogecoin’s performance against the U.S. dollar, so far in 2021, $DOGE is up an incredible 9,206% vs. USD.
Earlier today, social media analytics platform LUNARCRUSH ranked Dogecoin #1 for “social activity”.
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??Current Top 10 coins by AltRank™$doge #dogecoin$eth #ethereum$waves #wavesprotocol$mkr #makerdao$etc #ethereumclassic$tel #telcoin$avax #avalanche$rune #thorchain#safemoon$ltc #litecoin https://t.co/D3Ht76mY9c pic.twitter.com/DRggabxOvl
— LunarCRUSH Social Listening for Cryptocurrencies (@LunarCRUSH) May 3, 2021
Joe Pompliano — the brother of Anthony Pompliano (aka “Pomp”) — pointed out that yesterday (May 3), Major League Baseball (MLB) team Oakland Athletics (aka “Oakland A’s) recorded the first Dogecoin transaction in MLB history by selling a pair of tickets (for their series against the Toronto Blue Jays) that normally go for around $80 for 100 DOGE shortly after they introduced this promotional offer.
Join us at the ballpark as the Blue Jays roll into town!
Two-seat pods in the Plaza Infield are available for 100 Dogecoin for the series.
??: https://t.co/RizI8lp46i pic.twitter.com/wdDROnpLJc
— Oakland A's (@Athletics) May 3, 2021
The Oakland Athletics have sold two seats for their series against the Blue Jays for 100 Dogecoin.
It's the first Dogecoin transaction in MLB history.
Welcome to 2021. pic.twitter.com/ahW4NKPLJt
— Joe Pompliano (@JoePompliano) May 3, 2021
And finally, yesterday, crypto exchange eToro announced that it had listed $DOGE. According to a report by Cointelegraph, an eToro representative told them that this support for Dogecoin was added “due to strong customer demand.”
$DOGE is here!
Here's what you need to know
? Not investment advice
— eToro (@eToro) May 3, 2021
DISCLAIMER
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
IMAGE CREDIT
Featured Image by “Maklay62” via Pixabay.com