Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency that is considered a copycat coin, launched in December 2013, with the Shiba Inu as its logo.
In the past, supported by many social media promotions, mainstream attention, and celebrities, Dogecoin has been considered a reliable investment by many investors. However, as a meme coin, Dogecoin’s price fluctuates greatly, so you need to have a comprehensive understanding of the DOGE coin before starting to trade.
This article will introduce what Dogecoin is, how its price trend is, how to mine it, whether it is worth investing, and what risks are involved in purchasing Dogecoin. If you are also interested in Dogecoin or want to invest in it, please continue reading below.
Dogecoin is the leader of the meme coin market, having risen by more than 330% this year. With Trump elected as the President of the United States and Musk appointed as the Government Efficiency Department (abbreviated as DOGE), Dogecoin has risen above $0.4 and has the hope of breaking through the long-anticipated $1 target price by the community.
According to cryptocurrency media NewsBTC on the 3rd (local time), cryptocurrency analyst Kevin (@Kev_Capital_TA) said that the price range of $1.3 to $1.5 for Dogecoin is still a valid target. The analyst points out that current market sentiment has reached a record high for the year. In his analysis on September 18, he proposed that Dogecoin has the potential to maintain its strength by forming a ‘golden cross’. At that time, Dogecoin rose from $0.10 to $0.44, up 340%, supporting his analysis. Subsequently, the target of $1.3 to $1.5 was proposed as an intermediate target reflecting Dogecoin’s current technical trend and market conditions.
According to Santiment’s data, Dogecoin whales bought another 160 million DOGE over the weekend. This large-scale accumulation shows strong confidence in the possibility of Dogecoin’s rise and is interpreted as a precursor to historical significant price fluctuations.
NewsBTC states, ‘Dogecoin is currently trying to break through the resistance level of $0.44, which has served as a strong barrier multiple times in the past. If successful, it will break through the historical high of $0.73 and fall to $1.3. Conversely, if the resistance line is not broken, price adjustments and additional sideways trading may continue.’
Currently, the market’s attention is focused on Musk and Rameshwaran, who plan to discuss cryptocurrency regulation issues through speeches to be delivered at the US Congress. Dogecoin investors hope that this speech will become a catalyst for further price increases.
Basic information of Dogecoin: Currency symbol Ð, currency code DOGE, founded by Billy Markus and Jackson Palmer, issued on December 6, 2013, in circulation supply 144,227,286,384 DOGE, official website https://dogecoin.com/, technology based on the derivative (branch) of Litecoin, underlying technology blockchain, consensus mechanism Proof of Work (PoW), no maximum supply set, historical high US$0.7376 (-85.08%), historical low US$0.00008547 (+128688.31%), official website https://dogecoin.com/, white paper https://whitepaper.io/document/672/dogecoin-whitepaper
Dogecoin (English: Dogecoin, currency code: DOGE) was founded in 2013 and is a point-to-point P2P, open-source Online casino and How to find it.
DOGE was originally formed from a meme about Shiba Inu (a Japanese dog breed), although it started as a joke, the Dogecoin blockchain still has its advantages. Its underlying technology originates from ‘Litecoin’. The biggest feature of Dogecoin is its ‘low price’ and ‘infinite supply’.
The success of the Dogecoin project is largely due to its tenacious follower community, who helped the project gain a new lease on life in the early days. This includes extending the utility of dogecoin to tip cryptocurrency through third-party applications, and using doge to support a series of charitable causes — some of which have gained attention from mainstream media.
Since 2013, Dogecoin has made significant progress, with its market value reaching $88 billion during the price surge in May 2021. The following are important historical milestones of Dogecoin:
In December 2013: Dogecoin was founded by Jackson Palmer. In March 2014: The Dogecoin community raised $55,000 in DOGE to sponsor NASCAR driver Josh Wise. In June 2014: The Dogecoin Foundation was established to manage the currency’s symbol. In April 2015: Co-founder Jackson Palmer left Dogecoin. In January 2018: The market value of Dogecoin briefly exceeded $2 billion. In July 2020: A viral TikTok challenge caused a surge in Dogecoin trading volume, pushing the price up by 96%. A series of price fluctuations quickly passed. In January 2021: In a meticulously planned price surge on the Reddit SatoshiStreetBets subforum, the market value of Dogecoin soared to over $9 billion. In May 2021: Before Elon Musk appeared on ‘Saturday Night Live’, the price of Dogecoin reached a historical high of $0.73. In May 2021: Dogecoin developers revealed that Musk has been providing advice to them since 2019. In June 2021: Cryptocurrency exchange Coinbase listed Dogecoin. In November 2022: Musk announced that he would upgrade Dogecoin with Vitalik Buterin, pushing the price of Dogecoin up; Buterin has not yet confirmed this.
Although DOGE was born from a meme, Dogecoin has become one of the largest cryptocurrencies by market capitalization, with a return rate of 5000% in 2021 and recognition from millions of users, including famous supporters such as Elon Musk and Snoop Dogg. As of November 29, 2023, Dogecoin is one of the top 10 cryptocurrencies by market capitalization and the current number one meme coin.
Dogecoin is indirectly based on the code of the first cryptocurrency, Bitcoin. More specifically, it was created as a hard fork of the now-defunct Luckycoin, which was a hard fork of Litecoin (LTC). After Litecoin separated from Bitcoin, it was called the first hard fork in history.
Dogecoin inherits the consensus mechanism based on Scrypt from Litecoin, which is how DOGE shares many features with Bitcoin and its hard forks ‘derivatives’. The use of Scrypt in Dogecoin’s Proof of Work (POW) algorithm can prevent miners from using ASICs — specialized equipment used in Bitcoin mining.
Like Bitcoin, participants in the Dogecoin blockchain use their computing power to protect the network and promote block creation while verifying transactions. The difference is that Dogecoin has a ‘light’ architecture, making it faster to process transactions than Bitcoin. Dogecoin can be mined using the computing power of network participants to generate new blocks and verify transactions by solving mathematical equations. Miners receive a reward of 10,000 DOGE for each block generated.
The creators of Dogecoin, Jackson Palmer and Billy Markus, initially designed the most popular coin on the internet, with a maximum limit of 100 billion DOGE. However, the team canceled this limit just a few months after the launch. After the change in monetary policy, the supply of Dogecoin experienced inflation, producing 5 billion new Dogecoin each year.
The marketing approach of Dogecoin is unique, it is an interesting and friendly cryptocurrency. Dogecoin was considered a joke when it was launched in 2013, but the project attracted millions of fans in just the first month.
Unlike many cryptocurrencies and digital assets that are considered ambitious and innovative blockchain projects, Dogecoin takes a more relaxed approach while still providing ideal features such as near-zero fees, instant transactions, a strong but easy-to-engage community, and non-competitive mining.
The following are the features of Dogecoin DOGE:
Speed and cost: Dogecoin offers fast transactions and low transaction fees, which are crucial for widespread adoption. Infinite supply: Dogecoin originally had a limit of 100 billion coins, which was later changed to infinite supply. This makes the price relatively stable. Community: The core of Dogecoin is its active community. The over 300,000 members of r/dogecoin subreddit are known for their friendliness and enthusiasm. Charity: It is well known that the same community is united around charitable causes. They have raised over 25,000 Dogecoin to help the underfunded Jamaican bobsled team participate in the 2014 Olympics. They have also collaborated with water charities to raise thousands of dollars through the Doge4Water initiative to improve clean water supply in Kenya.
In fact, the original reason for the creation of Dogecoin was to become an ‘alternative’ to traditional cryptocurrencies like Bitcoin. It positioned itself as an ‘interesting’ version of Bitcoin; but unlike Bitcoin, it is not ‘scarce’. Dogecoin deliberately produces a large supply. It mines 10,000 new coins every minute, and there is no set maximum supply.
So if Bitcoin is the ‘deflationary’ cryptocurrency; then, Dogecoin is an ‘inflationary’ cryptocurrency.
The following is a detailed comparison table of Dogecoin and Bitcoin:
Here is a detailed comparison table of Dogecoin vs. Bitcoin: Dogecoin vs. Bitcoin Issuance date 2013 2009 Founder Billy Markus, Jackson Palmer Satoshi Nakamoto Monetary supply Unlimited, 5% annual increase 21 million blocks Generation time 1 minute 10 minutes Algorithm Technology Scrypt SHA-256 Initial block reward 1 million DOGE 50 BTC Current block reward 10,000 DOGE 6.25 BTC Block reward halving time Every 100,000 blocks
After the 600,000th block, there will be no more halving every 210,000 blocks
The reason for the skyrocketing popularity of Dogecoin is often not due to any new utility or features, but because memes and satire resonate in the Internet tribes. This is doubly true for the cryptocurrency world, as it fits well with internal language and jokes.
This culture has grown significantly and become more influential in the past year, naturally benefiting Dogecoin. It has even successfully attracted famous celebrities who have expanded the spread and impact of this social phenomenon, including Snoopy the dog, Gene Simmons, and arguably the most influential person on Dogecoin, Elon Musk, the co-founder of Tesla (also known as ‘Godfather’).
As an imitative cryptocurrency based on the viral internet meme ‘doge’, Dogecoin has come a long way since its inception. Back in December 2013, when it was just a puppy, each doge was priced at only 0.00055878 US dollars, far from the historical high of 0.69 US dollars in May 2021 (123,383.30%).
In fact, Dogecoin’s large issuance and easy mining characteristics kept its price low in the early stage of issuance; it also surged and fell during the 2017-18 Online casino and How to find it bubble (crypto bubble), with the highest trading price of Dogecoin reaching 0.018 US dollars at its peak, with a market value exceeding 2 billion US dollars.
What truly brought Dogecoin to fame was actually because of Tesla founder Elon Musk.
In February 2021, Musk began to post several supportive posts about Dogecoin on Twitter, even stating in April that he would take an actual Dogecoin to the moon. A series of such posts not only kept the trading price of Dogecoin rising continuously; but also propelled Dogecoin from a mere joke to the top meme coin in the world.
Next, let’s take a look back at several of Dogecoin’s dramatic fluctuations.
On March 10, 2017, with a significant increase in retail investment, Dogecoin’s first major influx of capital into the cryptocurrency market boosted the prices of all competing currencies. In 70 days, this ‘meme coin’ rose from 0.00021 US dollars to a peak of 0.0042 US dollars, an increase of over 1890%, breaking the previous historical high of 0.0021 US dollars, and the market value soared to 4.23 billion US dollars. Not long after, Dogecoin plummeted by 75% in a two-week market correction, which in turn affected all cryptocurrency trends.
By November 2017, the cryptocurrency market saw a strong buying momentum again, with massive trading volume pushing Bitcoin to a high of 19,783 US dollars. The global cryptocurrency market value reached an astonishing 8.3 trillion US dollars, also driving the parabolic growth of small market value projects like Dogecoin.
On January 7, 2018, Dogecoin broke through 0.02 US dollars, 380% higher than the previous high point. Its current market value is 1.6 billion US dollars. However, this surge was very short-lived, and the price fell by more than 70% in 8 days, returning to 0.0047 US dollars.
Before the entire market entered the ‘crypto winter’, most cryptocurrency projects experienced a brief recovery. Within three days, Dogecoin rose from 0.0020 to 0.0041 US dollars, an increase of 103%. In comparison, Bitcoin only rose by 40% within the same month. However, not long after, the market value of Dogecoin fell by more than half from its all-time high.
In September 2018, the system test of the Dogecoin/Ethereum bridge was completed, which was also the first time Dogecoin experienced a significant market reversal.
This bridge is considered an update that will allow interoperability between two blockchains. The announcement reignited the community’s support for the project, and the price of Dogecoin surged by 173% in 48 hours. However, later it was learned that due to the sharp decline in the price of Ethereum, there was not enough funding to continue the development of this bridge, so the update was put on hold. Since then, no one has mentioned whether the bridge between Dogecoin and Ethereum will continue. The price of Dogecoin has also recovered.
In the middle of 2020, a viral video on Tiktok triggered a chain reaction, leading to a significant increase in the price of Dogecoin.
A TikTok user initiated a challenge named ‘#DogecoinTikTok’, encouraging platform users to buy Dogecoin and push its price up to 1 US dollar. Some users calculated that if all 800 million TikTok users spent 25 US dollars to buy Dogecoin, when the price of Dogecoin reached 1 US dollar, each person could at least make a profit of 10,000 US dollars.
Without a doubt, the hype by TikTok users pushed up the price of Dogecoin. As the hype intensified, the trading price of Dogecoin reached more than 2.5 times the price a few weeks earlier. Then it gradually fell back.
On January 11, 2021, the traditional financial market was severely disrupted by a subreddit called WallStreetBets (also known as WSB). These amateur stock investors decided to unite against traditional financial institutions and launch a short squeeze attack on stocks that were expected to depreciate, such as GameStop, BlackBerry, AMC, Nokia, and Bed Bath & Beyond.
On January 28, the frenzy of WSB stock market spread to Dogecoin, and it pushed the cryptocurrency to a significant rebound. In less than two days, Dogecoin soared to an all-time high of 0.087 US dollar on Binance, with a gain of 1100%. Part of this surge was driven by several tweets, including those from Musk.
On April 1, 2021, April Fool’s Day, Musk said that he would send a Dogecoin to the moon with SpaceX.
The news released, Dogecoin surged sharply, increasing by 15% on the same day. After that, Dogecoin entered a rapid upward trend: after breaking through 0.1 US dollar on April 14, it reached a historical high of 0.43 US dollar on April 19, with the price soaring by 336% in just one week. According to CoinMarketCap’s data, its total market value reached 50 billion US dollars on April 20, surpassing Ford Motor Company.
By May 5th, the price of Dogecoin surged again, exceeding $0.68 in intraday trading, with a 24-hour increase of over 50%, setting a new historical high. By May, the market value was about $88 billion, making it the fourth largest cryptocurrency at the time, second only to Bitcoin, Ethereum, and Binance Coin. Its price then fell as the popularity of tweets cooled down.
Dogecoin experienced a parabolic surge last week, during which it rose from about 0.06 USD to nearly 0.15 USD, far outperforming Bitcoin’s performance.
The direct reason is that Musk, who has long supported Dogecoin, spent $44 billion to acquire Twitter.
Looking back at its history, the price of Dogecoin has soared from less than 0.0001 USD in 2013 to 0.74 USD in May 2021, increasing hundreds of times, and then plummeting. The price volatility of Dogecoin is extremely high, making it unsuitable for investors pursuing stable returns.
In summary, Musk is indeed a key figure for Dogecoin. It can be seen that from 2017 to 2020, although Dogecoin had some ups and downs, the overall fluctuations were not significant. It was not until 2021, after Musk started to promote it, that Dogecoin began its rollercoaster price trend. If dogs are man’s best friend, then for the famous Dogecoin, its best friend must be Musk.
With the decline in demand, Dogecoin and other traditional meme coins were left behind in the recent cryptocurrency bull market. On the daily chart, we see that although the prices of other cryptocurrencies have soared, the price of DOGE has risen slowly.
As of May 24th, the trading price of Dogecoin was $0.1585, down 4.99% in the past 24 hours.
The trading volume of this cryptocurrency in the past 24 hours was $3,151,498,245, with a circulating supply of 144,419,106,384 DOGE. The current market value of Dogecoin is $22,877,955,244, ranking 8th.
Here is the price trend chart of Dogecoin:
Although Dogecoin has become so popular due to the promotion by celebrities and the media, we must be aware that Dogecoin has many potential risks. These risks are mainly divided into five points, and every new investor should know them before engaging in this digital asset.
In February 2014, Jackson Palmer, a co-founder of Dogecoin, decided to completely remove the supply limit of this cryptocurrency, which was previously set at 100 billion, to encourage the use of the token for tips and deter people from holding it.
This means that Dogecoin has an inflationary supply, with new coins continuously flooding into the market. In comparison, the original and most valuable cryptocurrency Bitcoin (BTC) has a hard cap of 21 million units.
Why is the infinite supply of Dogecoin a problem?
Supply and demand are two basic driving factors for determining the fair market value of goods, services, and assets. It is widely believed that assets with strong demand and scarce supply may see price increases, while assets with insufficient demand and large supply may depreciate.
However, Dogecoin is different from other coins. Due to the current higher demand for the coin than the number of coins entering the market, the price is rising. Even if the supply is infinite, if buyers continue to purchase coins at a price equal to or higher than the price at which they entered the market, the price will continue to rise or reach an equilibrium level.
To maintain the price level, Dogecoin buyers will need to continuously purchase all the tokens being created, as there is no scarcity to support the price.
At the current mining speed, 10,000 new Dogecoin are released as block rewards every minute. This is equivalent to about 14.4 million new Dogecoin entering circulation every day, or 5.2 billion per year.
These block rewards are fixed, meaning that miners will be rewarded with no fewer than or no fewer than 10,000 Dogecoin every minute. The only thing that changes over time is the mining difficulty, which for Dogecoin adjusts after each block. The rise and fall of difficulty depends on how many miners are competing to discover new blocks at any given time.
online casino secrets and The latest entrance
Currently, the difficulty of Dogecoin mining has surged to a two-year high due to the price increase, which in turn has driven the profitability of Dogecoin mining to a historic high, attracting more miners to join the network.
In 2015, Palmer left Dogecoin, feeling frustrated with the ‘toxic’ cryptocurrency industry at the time, thinking it was becoming ‘like a group of white libertarian brothers sitting together hoping to get rich, and coming up with half-baked catchphrases full of business creativity, but often failing in their attempts to do so.’
In the past six years, the Dogecoin code has hardly changed at all. Before the release of Dogecoin Core 1.14.3 on February 28, the last major development release was on November 8, 2019. From this perspective, the code of the Bitcoin network is almost updated every day.
Dogecoin developers believe there is no reason to regularly update the code. One of the community developers, Maximilian Keller, said: ‘It has been running stably, and the network rules have not changed since then, which would put it at risk.’ ‘The Dogecoin network does not necessarily face the same challenges as Bitcoin, so regular updates are not an urgent issue for us’.
尽管如此,人们可能会期望一个现在市值超过500 亿美元(比福特更大)的项目和一个目前持有23,532,879 枚硬币(按当前价格计算为910 万美元)的社区基金开始发布更频繁的代码更新,即使它仍然是一个笑话加密货币。
根据数据,流通中的所有狗狗币中几乎有一半都存放在少数几个加密钱包地址中,其中最大的钱包占供应量的28%。
这意味着在任何特定时间,这些巨鲸中的一只都可能退出市场并导致狗狗价格暴跌。更不用说,他们可以很容易地利用自己所持有的数字资产,通过止损、制造买卖墙或采用其他交易策略人为地抬高或降低价格来操纵市场。这让所有其他狗狗币投资者都受制于他们的交易活动。
投资狗狗币的风险很高,因为币价会因为市场的情绪而出现戏剧式的变化,有可能于短时间内急升,亦有可能暴跌,投机意味浓厚。
尤其是马斯克的一言一行经常会影响狗狗币的价格,他去年年初在推特上连发贴文支持狗狗币,就令其价格飙升百几倍,后来又因其指狗狗币是P局的言论,令狗狗币的价格暴跌。
由于狗狗币的数量没有限制,所以每天都有数百万新的狗狗币被释放到市场上因此不太推荐长期持有狗狗币。因为狗狗币不像比特币,而更像是 比特币现金 ,又或是一种消费用的货币。且狗狗币的价值非常低。因此大部份的人更可能将它们赠送出去,用在社交平台上作为打赏用。
尽管存在这些明显的缺点,但狗狗币很可能会在社交媒体炒作、名人代言和迅速滋生的模因文化中继续走高一段时间。
本文不提供任何投资意见,如果您近期想投资狗狗币,可以在了解了狗狗币的风险后再结合自己的情况进行操作。
由于狗狗币的区块链源自莱特币的底层技术,因此,您可以透过挖矿来获得DOGE 币,当前挖狗狗币的方法主要有以下三种:
矿工单独挖矿。也就是利用电脑、显卡等设备进行挖矿。但这通常需要花费较大的资金去购买设备。
许多矿工将他们的计算能力集中在一起,以增加更多奖励的机会。同时,参与矿池还减轻了购买大量设备的成本负担。但还是有其他风险存在,像是: 安全性、利率等。
云挖矿是公司对外出售算力,你可以按照算力大小和时间购买他们的算力,你无需购置矿机就能挖矿。但要注意的是,云挖矿时常发生平台诈P。所以在选择平台时,一定要了解清楚。
以下为挖狗狗币的具体教学:
step 1:下载狗狗币钱包
先下载狗狗币钱包以存放狗狗币
step 2:选择挖矿计算方法
进入挖矿池,并选择挖狗狗币。你需要按电脑的程度,选择不同挖矿的计算方法。
step 3:由电脑挖狗狗币
你需要下载挖矿软件,并更改挖矿池位置及钱包地址。成功输入资料后,电脑挖矿就开始自动运作。 须注意的是,使用电脑挖矿需要花大量电力,因此于各大加密货币交易平台买入狗狗币可能更划算。
狗狗币卖出提现可以在欧易、币安等交易所内进行,下文是在欧易交易所进行提现操作的详细教程:
1、打开欧易OKX交易所官网(点击注册),在首页输入邮箱,点击“注册”,向右滑动滑块,完成拼图进行验证,然后输入邮箱收到的验证码,验证码有效时间为10分钟
2、而后输入手机号,点击“立即验证”,输入手机收到的六位数字验证码,有效时间同样为10分钟
3、选择居住国家/地区,勾选服务条款、《风险与合规披露》及隐私政策与声明
4、创建密码需要符合长度为 8-32 个字符、1 个小写字母、1 个大写字母、1 个数字、1 个符号,如:!@ # $ %等条件
5、登录账号后,找到首页的“用户中心”图标,进入身份认证页面
online casino download and The latest entrance
6、可根据不同需求进行不同等级认证(注意:视频认证需在APP上进行操作)
7、点击首页的“交易”——“币币”进入交易页面
8、在搜索框输入DOGE,选择DOGE/USDT交易对,可以看到DOGE实时行情
Online casino,come on baby
9、输入卖出DOGE数量,点击卖出DOGE就可以置换成USDT
10、首页点击【买币】-【C2C买币】
12、在【C2C交易】页面点击【出售】,币种选择【USDT】法币选择【CNY】,交易方式选择【银行卡】就是用银行卡进行交易,也可选择其它方式,选择合适的商家,点击【出售USDT】即可
在国内,通过lottery and How to find it 交易所就能够购买狗狗币。下面小编就以币安网为例,为大家介绍新手买狗狗币详细步骤。
1.注册
一、打开币安官网,选择【使用手机或邮箱注册】即可进行注册。
二、在注册页面选择邮箱注册(推荐使用qq邮箱、网易邮箱、163邮箱等)
三、在安全验证弹窗中向右滑动完成拼图,及时登录邮箱输入验证码,点击提交
2.交易
一、登陆币安官网,进入行情页面(注意:国内用户目前仅支持邮箱注册lottery local and Where is it!)
二、搜索我们要购买的币种
Third, after clicking ‘Trade’, you can enter the purchase page (note to select the trading pair as DOGE/USDT trading pair)
Fourth, fill in the purchase quantity, click ‘Buy’ to complete.
Many people hold Dogecoin through buying, mining, and other ways, and sell it after the price rises to earn profits. But have you ever thought about what other uses Dogecoin has besides investment and trading? Below I list two common uses of Dogecoin:
Although the infinite supply increased the liquidity of Dogecoin, due to the settings of the ecosystem, the percentage of new tokens created each year in the market is relatively small. Therefore, it is quite suitable as a payment method. Dogecoin can be used both as a payment for goods or services and for transfers. Therefore, there are many institutions and companies that accept Dogecoin transactions.
Among them, Elon Musk’s Tesla, SpaceX, Dallas Mavericks can be used for payment. In addition, gift cards can be purchased with Dogecoin to be used at Amazon, Uber, Xbox… and other companies.
One of the most common uses of Dogecoin is as a tip service. Many Dogecoin holders use Dogecoin to pay tips to content creators on Reddit or other social media platforms, especially for articles or contributions that are worth recognizing. It is somewhat similar to ‘liking’, but with greater influence.
Dogecoin is an open-source cryptocurrency created by Jackson Palmer and Billy Markus in 2013. The logo of Dogecoin is a Japanese breed of Shiba Inu. It is based on Litecoin and uses the same proof-of-work technology. Dogecoin has a loyal supporter community, who trade it and use it as a tip currency for social media content.
Dogecoin is one of the earliest forks, based on the Litecoin blockchain architecture for fast instant payment systemonline casino and The latest entrance. The idea behind this project is to create an interesting and easy-to-use Litecoin alternative (Litecoin itself is an alternative to Bitcoin) under the drive of a strong user community.
When Dogecoin (DOGE) was launched, with Bitcoin setting a new high in the market, the concept of cryptocurrency had been widely used, so the Dogecoin community developed rapidly to represent and support Dogecoin, and was called ‘meme coin’ from its inception.
The logo of Dogecoin features the famous and popular meme ‘Doge’, using the image of the popular dog breed ‘Shiba Inu’. Despite the numerous difficulties, DOGE has become a top-level cryptocurrency in the market, mainly due to the hype on social media and its impact on a large number of people around the world.
That’s all about what is Dogecoin (DOGE)? Detailed content on the price trend, usage, and future prospects of Dogecoin, more about Dogecoin please pay attention to other related articles on the Script Home!
Declaration: The content of this article does not represent the views and positions of this site, and does not constitute any investment advice of this platform. The content of this article is for reference only, and the risk is borne by the user!
Tag: doge Cryptocurrency for dogs