Dogecoin features the face of the Shiba Inu dog from the "doge" meme as its logo and namesake. It was introduced on December 6, 2013, and quickly developed its own online community, reaching a market capitalization of over $85 billion on May 5, 2021.
Dogecoun was created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a "joke", making fun of the wild speculation in cryptocurrencies at the time. It is considered both the first "meme coin", and, more specifically, the first "dog coin". Despite its satirical nature, some consider it a legitimate investment prospect. Dogecoin features the face of the Shiba Inu dog from the "doge" meme as its logo and namesake. It was introduced on December 6, 2013, and quickly developed its own online community, reaching a market capitalization of over $85 billion[a] on May 5, 2021. As of 2021, it is the sleeve sponsor[b] of Watford Football Club
History of Dogecoin
What separates Dogecoin from most other altcoins in the cryptocurrency market is inflation rather than deflationary cryptocurrency. Bitcoin and many other cryptocurrencies are so formulated that they have a hard supply cap of currencies.
Dogecoin’s price has immense potential. With the kind of fame rising, Dogecoin’s presence is vast compared to other competitors. Using Dogecoin needs no special training. Friendly to use, it brings real value to its users. It is now easy to bag your Dogecoin. So, usage of Dogecoin means power in the hands of the user.
The touchstone of any leading coin is the popularity and fan wave that spins around them. The same holds for the price of DOGE, as the adoption rate for Dogecoin is quite high. This digital currency’s dynamic and staunch value weaves an aura of the entire Dogecoin community that puts their faith in it.
The DOGE wallet is a digitally hosted storage that will give your assets the highest level of security available. The users who own Dogecoin in their wallet can use it for Dogecoin lending; they need to provide details, wallet address, and open an account there.
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