Dogecoin
Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.
The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.
To purchase Dogecoin, it involves downloading a crypto wallet, setting up a crypto exchange account and then trading away for your desired crypto currency. Once we have set up an account with a DOGE currency exchange and deposited some funds, you are ready to start trading.
Bitcoin News / Google News Bitcoin - 7 hours ago
Bitcoin, Ethereum, Dogecoin Drops As Trump's 'Crypto Czar' Announces Oversight Committee: Eric Trump Says 'Great Time' To Add ETH& & Benzinga
Bitcoin News / Google News Bitcoin - 9 hours ago
Dogecoin (DOGE) Lands on Crucial Support, US Dollar Index (DXY) Signaling Bitcoin Surge, Ethereum (ETH) Shows Worst Top 10 Performance& & U.Today
Bitcoin News / Bitcoinist - 9 hours ago
Crypto analyst TradingShot has identified a pattern on DOGE’s chart that shows why a bounce above $0.3 is expected for the Dogecoin price. This provides some optimism regarding the foremost meme coin, which was one of the most affected by the recent...
Bitcoin News / Bitcoinist - 12 hours ago
Investors and traders of Dogecoin have been struck with liquidations following a notable price pullback, triggered by a broader crypto market whirlwind. Dogecoin has dropped below the $0.30 level, finding support at the $0.25 mark. While this correct...
Cryptocoins News / Finance Magnates - 14 hours ago
A legal battle is brewing over the US Treasury’s
decision to grant Elon Musk’s Department of Government Efficiency (DOGE) access
to sensitive financial and personal data. The American Federation of Labor and Congress of
Industrial Organizations (AFL-...
Bitcoin News / Bitcoinist - 15 hours ago
Dogecoin (DOGE) could be on the cusp of another massive rally, according to an analysis from technical analyst Kevin (@Kev_Capital_TA). He believes the current correction closely mirrors the pattern that set the stage for DOGE’s explosive gains durin...
Bitcoin News / Bitcoinist - 17 hours ago
Dogecoin’s price action over the past 24 hours has reflected the turbulence sweeping across the broader crypto market. The meme coin suffered a sharp decline on February 3, tumbling by double digits as the market underwent a widespread selloff, trigg...
Bitcoin News / Bitcoinist - 1 day ago
Over 51% of traders are currently shorting DOGE as market volatility triggers a major Dogecoin price crash to new lows. Despite experiencing a minor recovery after its decline, Dogecoin continues to struggle, exhibiting bearish momentum.
Traders Shor...
Bitcoin News / Bitcoinist - 1 day ago
Dogecoin has lost crucial support levels leading to a price correction. Even though DOGE has seen bearish movements in the past few days due to a general crypto market downswing, the dog-themed meme coin could shift toward a bullish territory in the...
Cryptocoins News / Finance Magnates - 1 day ago
Memecoin Dogecoin (DOGE) took a sharp hit today (Monday),
dropping 13% and 21% in the daily and weekly charts, respectively. The bearish
sentiment comes as broader market volatility weighs on the cryptocurrency
sector. The top three cryptocurrencies,...
Bitcoin News / Bitcoinist - 3 days ago
Dogecoin (DOGE), Shiba Inu (SHIB), and XRP have unexpectedly crashed again, experiencing another bout of bearish momentum and starting February in the negative. This significant decline was driven by a major drop in the Bitcoin price following Donald...
Bitcoin News / Bitcoinist - 3 days ago
Dogecoin has continued its weekly decline into the past 24 hours, with the price action looking like a continued consolidation below $0.35, at least in the next few days. However, bullish sentiment continues to linger for Dogecoin, and technical anal...
Bitcoin News / Bitcoinist - 3 days ago
In an exciting development, the race for the Dogecoin ETF in the US is gaining serious momentum as prominent asset manager Grayscale has now joined the fray.
Grayscale Seeks To Convert Dogecoin Trust To ETF
On Friday, Grayscale announced the launch...
Cryptocoins News / CryptoNinjas - 3 days ago
Key Takeaways:
The creation of Grayscale’s Dogecoin Trust is a good sign for meme coins – it implies the increasing institutional interest in meme coins.
The 21Shares Polkadot ETF filing shows that people strive for diversification of investme...
Bitcoin News / Bitcoinist - 4 days ago
Dogecoin’s price movement remains a matter of discussion among crypto traders on social media, with a well-known analyst pointing to a major breakout pattern that could send DOGE soaring toward $1. Popular crypto analyst Lucky (@LLuciano_BTC) recentl...
Bitcoin News / Bitcoinist - 4 days ago
Dogecoin has shown remarkable growth in the ongoing bull cycle. Many crypto enthusiasts continue to demonstrate robust confidence in the DOGE’s potential as they predict a major growth for the dog-themed meme coin in the short term, allowing it...