Dogecoin Is Not A Memecoin Anymore - Know Why?

Dogecoin Is Not A Memecoin Anymore - Know Why?

2021-12-03 | Robin Williams

Dogecoin Is Not A Memecoin Anymore - Know Why?

Dogecoin is an open-source cryptocurrency that was considered a meme or joke, launched on December 6, 2013. Created by Billy Markus and Jackson Palmer. Its logo features the Shiba Inu dog face from the "Doge" meme. It is currently ranked as the 10th largest electronic cryptocurrency. It gained a lot of fans towards the end of 2017. It uses a text algorithm because it has a low value and unlimited offer. It has the same technology based on Litecoin. Dogecoin is currently a sponsor (sleeve only) of Premier League club Watford. Share a quick hit, with the help of Reddit. Dogecoin Could Be the Future of Cryptocurrency, Says Elon Musk ...  It reached a market capitalization of more than $ 85 Billion on May 5, 2021. Within 14 days, its market value had reached $ 8 million. It lost much of its value in 2018 but its loyal supporters still trade and use it as content on social media. According to some crypto analytics, in the last 24 hours, the huge Dogecoin transaction has increased by 10%. On the other hand, the crypto market is facing a collapse at this time as most tokens are recording insignificant losses. There has been a transfer of more than $ 100,000 in the last 24 hours. Users of Binance (the largest cryptocurrency), once faced challenges when the withdrawal of Dogecoin was disrupted on November 27, 2021. As a result, there was a dispute between Elon Musk and the CEO of Binance.

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