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 - 1 year ago
Bitcoin, Ethereum, Dogecoin Rally Ahead Of US Inflation Data - Bitcoin (BTC/USD), Ethereum (ETH/USD), D& & Benzinga
Bitcoin News / Bitcoinist - 1 year ago
Rumors have been swirling for quite some time that Elon Musk might launch his own Twitter Coin, possibly putting Dogecoin (DOGE) on the sidelines or even ditching it. Leaks of the Twitter user interface first surfaced in early December, showing the &...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin mining profitability is actually higher than that of bitcoin, according to data from the mining calculator website CoinWarz. With the market seeing declines over the past year, the mining industry has taken a hit when it comes to its profita...
Bitcoin News / Google News Bitcoin - 1 year ago
Lido DAO (LDO) Rallies 80% In A Week To Outperform Bitcoin, Ethereum, Dogecoin Gains - Lido DAO Token (LD& & Benzinga
Bitcoin News / Google News Bitcoin - 1 year ago
Elon Musk Bitcoin Top Meme Coins Dogecoin, Shiba Inu, and Toon Finance Rally to the Top of Charts& & LatestLY
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin, Ethereum, Dogecoin Rise On Fed's Mostly Bullish Tone: Analyst Sees More Consolidation For Apex Crypto ...& & Benzinga
Bitcoin News / Google News Bitcoin - 1 year ago
Markets: Bitcoin price dips, Ether little changed, Litecoin adds to gains, Dogecoin biggest loser& & Yahoo Finance
Cryptocoins News / The Cointelegraph β - 1 year ago
The Dogecoin Foundation allocated 5 million DOGE, which is around $360,000 at the time of writing, to the development of the ecosystem. The Dogecoin Foundation announ...
Cryptocoins News / Blockchain - 1 year ago
On Dec. 31, the Dogecoin Foundation unveiled a new fund that would be handled by its members in a multisignature wallet. The team disclosed the fund's wallet address for openness. Doge developers have dismissed allegations that the network is switchi...
Cryptocoins News / The Cointelegraph β - 1 year ago
The denial was made after critics said the team was going to βkill scrypt miners.β The developers of Dogecoin (DOGE) have denied rumors that the network is immediately...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin remains the largest meme coin by market cap in the crypto market but its team and community continue to work toward more adoption of the digital asset. Over the last year, there have been multiple adoptions of Dogecoin as payment services am...