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$DOGE Supernova 💫❤️🕊️What is Dogecoin (DOGE)? Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply. Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US BMV: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. Dogecoin in 2022 Fast forward today in 2022, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market. Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
CRYPTOCAP:DOGELong
by BADQOMOCAWGOWLD
Dogecoin Picking up again??📈📊🚀Speaking of which I've Been on a lookout for Dogecoin and it looks really Good... it recently jumped from 8B to 20B market Cap, showing significant signs of bullishness as it broke past the monthly structure around 0.1377 price reaching highs of 0.1588 and a market cap of 21B, the highest since May 2022. Doge is currently trading around 0.1281 with the market Cap playing around 16B, and investors may be looking to go in around the 14B mark as they target higher prices in Doge. There's been less buzz about the coin but I believe there's a huge potential of it growing over the next coming years, Doge to $1.00?? We shall see.📈🚀
CRYPTOCAP:DOGELong
by globalforex012
Dogecoin Rallies After Elon Musk Joins Twitter BoardYou may have heard that Elon Musk had just bought 9% of shares in Twitter and has become one of their newest board member. This prompted a rumor that the billionaire will be trying to push for Dogecoin to be integrated with the popular social media platform itself, prompting a rally. (No confirmation on how true this really is, however.) Though it's good short-term news for DOGE, in earlier ideas I did warn against using DOGE as a speculative asset since it's primary focus seems to be utility/liquidity - which often is at odds with the idea of turning a return.
CRYPTOCAP:DOGELong
by RyanTanaka
DOGEDoge is the native cryptocurrency of dogecoin, a parody cryptocurrency based on a viral internet meme of a Shiba Inu dog. At first, the crypto project was created purely as a mockery of other cryptocurrency projects that were being launched at the time. The cryptocurrency is essentially a direct copy of Litecoin’s code and can be used to transfer value over the internet like all other digital assets. Doge was never designed to have any real-world utility beyond being a simple blockchain-based payment system; however, it quickly amassed a diehard community of fans who found and developed new use cases for it. Those included a third-party online tipping service, which led to doge becoming a leading tipping coin on social media platform Reddit and crowdfunding charitable causes using dogecoin.
CRYPTOCAP:DOGELong
by meredas
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