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 / Bitcoinist - 1 year ago
Tesla CEO Elon Musk has once again come out as a Dogecoin supporter. After being somewhat less forthcoming with his love for Dogecoin in recent weeks, Musk responded to a series of tweets from Mcdonald’s and ultimately to a question from a DOGE...
Bitcoin News / Bitcoinist - 1 year ago
Electric car manufacturer Tesla has released its fourth-quarter financial report, revealing that the company’s Bitcoin holdings have remained unchanged, just like its Dogecoin holdings – which are still zero.
In the report released yester...
by COINS NEWS - 1 year ago
I know that a lot of people in this sub have a negative opinion of Dogecoin after Elon Musk's antics last year, but my opinion is that Dogecoin has actually had a positive impact on the space and that it's success is a good thing. The first...
Cryptocoins News / CoinJournal - 1 year ago
Dogecoin (DOGE) is now a top 10 cryptocurrency after starting out at just $0.0003 per token. ‘Small-cap gems’ like DOGE can be hard to uncover, but Metacade’s (MCADE) crypto presale may just be the next big thing.
Metacade: The Bes...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin is now a long way from its all-time high of $0.7 which was brought about by billionaire Elon Musk aggressively promoting what he calls his “favorite” cryptocurrency. However, as the meme coin continues to trend low, even with the current bul...
Bitcoin News / Google News Bitcoin - 1 year ago
Crypto Price Warning: ‘Global Financial Meltdown’ Could Be About To ‘Smoke’ Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana& & Forbes
Bitcoin News / Bitcoinist - 1 year ago
As a result of the coordinated efforts of chain developers and billionaire Elon Musk, the annual carbon emissions of Dogecoin decreased by around a quarter in 2022, making the meme token one of the quickest crypto assets at reducing carbon discharge....
Bitcoin News / Google News Bitcoin - 1 year ago
Why A Sudden Crypto Price Surge Has Added $200 Billion To Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana In 2023& & Forbes
Bitcoin News / Bitcoinist - 1 year ago
For crypto investors, it sometimes comes down to choosing between digital assets such as Dogecoin, Cardano, and the over 20,000 other coins in the space to invest in. It eventually comes down to the performance of each cryptocurrency and how much gai...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin and Shiba Inu are once again leading the meme coin rally. With the crypto market seeing a significant recovery over the last week, all of the altcoins have followed suit. However, the meme coins have been significantly better recently as the...
Cryptocoins News / The Cointelegraph - 1 year ago
When Musk backtracked on accepting Bitcoin payments for Tesla, he believed that Dogecoin — “even though it was created as a silly joke” — was better suited for transactions....
Cryptocoins News / Blockchain - 1 year ago
Dogecoin was the only memecoin to lower its carbon footprint by 25% in 2022, from 1,423 tons to 1,063. DOGE outperformed most crypto assets in the 2022 bear market. It placed third in the top 10 behind XRP and Binance currency. Shiba Inu community bu...