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.
Cryptocoins News / The Cointelegraph β - 2 years ago
Bitcoin crashes after Tesla abandons the cryptocurrency as a payment method, the crypto world criticizes Elon Musk and DOGE staves off competition from a furry rival....
Bitcoin News / Bitcoin.com - 2 years ago
Elon Musk, CEO of Tesla and Spacex, has doubled down on its bet that dogecoin can become a currency able to address Tesla’s new set of environmental requirements. The entrepreneur has tweeted he is now working with Dogecoin developers to improv...
Cryptocoins News / CoinJournal - 2 years ago
Dogecoin has seen its price rise by over 20,000% over the last yearWhat is Dogecoin?Dogecoin is a cryptocurrency initially developed as a joke and a means to tip online creators for their work. It is a meme coin, based on the “doge” meme...
Cryptocoins News / CoinJournal - 2 years ago
Dogecoin has seen its price rise by over 20,000% over the last yearElon Musk has initiated yet another pump for Dogecoin (DOGE), strengthening his seemingly inexhaustible support for the meme coin. The magnate sparked a 22% rally today when he announ...
Cryptocoins News / NewsBTC - 2 years ago
Divisive meme token Dogecoin will get a Coinbase listing within the next six to eight weeks.
The comments came from Coinbase CEO Brian Armstrong, who was discussing how the firm can move forward following its worse-than-expected first earnings report...
Bitcoin News / Bitcoin.com - 2 years ago
Coinbase will be listing dogecoin in the next six to eight weeks, the company’s CEO has revealed. Interest in the meme cryptocurrency has spiked, touted by Tesla CEO Elon Musk, who calls himself the Dogefather.
Coinbase CEO Brian Armstrong sai...
Cryptocoins News / The Cointelegraph β - 2 years ago
AppSwarmβs newly launched Dogecoin division, DogeLabs, wants to become a global Dogecoin player by uniting worldwide DevOps teams. A Dogecoin (DOGE)-focused division...
Cryptocoins News / NewsBTC - 2 years ago
According to The Telegraph, a senior Goldman Sachs executive has quit the firm after making millions from Dogecoin. Aziz McMahon, the Head of Emerging Market Sales, resigned after 14 years with the investment bank.
It’s reported McMahon has ope...
Bitcoin News / Bitcoin.com - 2 years ago
The meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U.S. dollar during the last 12 months. Dogecoin’s price gains have pushed interest toward the cryptocurrency, quickly making it a recogniz...
Cryptocoins News / The Cointelegraph β - 2 years ago
After working at Goldman Sachs for 14 years, a banker reportedly left the firm due to netting massive gains from their Dogecoin holdings. A senior manager at banking g...
Cryptocoins News / NewsBTC - 2 years ago
The global crypto spot exchange and derivatives trading platform, OKEx has extended support for Shiba Inu Network &- an experimental DeFi project that gained unexpected popularity. According to the announcement, the project’s first native c...
Bitcoin News / Bitcoin.com - 2 years ago
A specialty tea products retailer based in China’s Hunan province, Urban Tea, has introduced crypto payments in its stores and restaurants on two continents. Starting from this week, customers will be able to buy its beverages and meals using v...
Bitcoin News / Bitcoin Stack Exchange - 3 years ago
It comes up that Bitcoin network has better security. Is that due to the hashrate ? If more miners start switching to Doge, wouldn't that solve the problem ?
Security in Bitcoin is not just about hashrate although it is one of the important things...