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 - 2 months ago
The X (formerly Twitter) platform has made further headways in its plans to launch its payment services, as it recently got approval from another state, sparking speculations about Dogecoin payments. The crypto community has kept its eyes on this dev...
Cryptocoins News / CoinJournal - 2 months ago
In the fast-paced world of crypto for beginners, two names are currently dominating the headlines: the Internet’s favorite canine-inspired coin, Dogecoin (DOGE), and the rising star of the blockchain scene,& InQubeta (QUBE).&
As Dogeco...
Bitcoin News / Bitcoinist - 2 months ago
Elon Musk’s Grok, an Artificial Intelligence (AI) chatbot developed by xAI, has declared Dogecoin as the best cryptocurrency for X (formerly known as Twitter). This statement came in response to a query from CryptoQuant CEO Ki Young Ju, who ask...
Bitcoin News / Bitcoinist - 2 months ago
In the wake of the Bitcoin Spot ETF approval by the United States Securities and Exchange Commission (SEC), there has been a lot of volatility in the market that has affected other cryptocurrencies such as Dogecoin. Due to this, a prominent influence...
Bitcoin News / Bitcoinist - 2 months ago
Dogecoin (DOGE) is set to gain another use case thanks to the world’s richest man, Elon Musk. This comes following a revelation that the foremost meme coin will be a payment when one of Musk’s groundbreaking projects finally launches.
Dogecoin To Be...
Bitcoin News / Bitcoinist - 2 months ago
Dogecoin is on another rally once more as social media platform X (formerly Twitter) made an announcement that many believe will ultimately have a significant impact on the DOGE price. According to the announcement, X is finally moving forward with i...
Bitcoin News / Bitcoinist - 2 months ago
Billionaire Elon Musk has continued to support the Dogecoin meme coin, revealing that he owns some of the cryptocurrency itself. This is in line with Musk’s support that made the meme coin gain prominence in 2021, sending it to new all-time highs.
El...
Bitcoin News / Bitcoinist - 2 months ago
Data shows Dogecoin and Cardano are among some of the assets that have continued to show the same adoption trend this year so far as in 2023.
Dogecoin & Cardano Have Observed Wallet Growth In The First Week Of 2024
In a new post on X, the on-chai...
Bitcoin News / Bitcoinist - 2 months ago
Despite a hard week of muted performance and an eventual crash, the bullishness around Dogecoin has not waned, especially among crypto analysts. Expectations for the crypto’s price are still high with crypto analyst JD referring to the Dogecoin price...
Bitcoin News / Bitcoinist - 2 months ago
The burn rates of Dogecoin rivals Shiba Inu and FLOKI have seen a significant spike over the last few days. Interestingly, the spikes in the burn rates of both of these meme coins are almost identical, raising questions of whether there is a coordina...
Bitcoin News / Bitcoinist - 2 months ago
In a recent analysis, a pseudonymous crypto expert who goes by @itsALLrisky on X (formerly Twitter) presented a compelling case for Dogecoin’s sovereignty, asserting that the popular meme coin may thrive without the need for a Dogecoin ETF.
Why Doge...
Cryptocoins News / CoinJournal - 2 months ago
Key takeaways
Dogecoin and Shiba Inu have lost more than 10% of their values over the last 24 hours.
Memeinator’s presale has now officially crossed the $2.8 million mark.
The crypto market recorded a huge selloff on Wednesday, with Bitco...
Bitcoin News / Bitcoinist - 2 months ago
Dogecoin payments integrated by billionaire Elon Musk into any of his companies have been a hot topic of discussion for a number of years now. With Musk eventually taking over Twitter and rebranding it to X, expectations were that DOGE payments on th...
Bitcoin News / Bitcoinist - 2 months ago
Crypto exchange Crypto.com has announced the incorporation of two innovative trading pairs featuring popular digital assets such as Dogecoin and Shiba Inu.
Crypto.com Launches Dogecoin And Shiba Inu Trading Pairs
On January 3, Singapore-based crypto...
Bitcoin News / Bitcoinist - 2 months ago
The future price of meme coins such as Dogecoin has always been of interest to crypto users, especially given their widespread popularity even among non-investors. There have been multiple predictions for where the DOGE price might be in 2024. And on...
Bitcoin News / Bitcoinist - 2 months ago
Dogecoin is still trading at a lower range than expected and this has triggered a wave of bearishness among investors. Despite previously breaking through the $0.1 level late last year, it was unable to maintain the bullish momentum, especially as in...