What is Dogecoin? What are the prospects?

Altcoin, a very popular altcoin, if you want to talk about prospects, it is average, it will never become a mainstream coin, and the technology is not generally larger than Ethereum, Ripple, Wright, etc. Research is OK, but don't operate, if you want to get rich on Dogecoin, the journey is destined to be very long, especially in the current state of the big bear market. If you want to settle coins, it is still recommended to Bitcoin

The English name of Dogecoin is dogecoin, referred to as doge, because it takes a different route from most coins, you can go to Zhongyuan to buy some, and the prospect is still good, because it is positioned in a niche market.

Dogecoin is a virtual currency.

Born on December 6, 2013, it was launched by IBM engineer Billy Markus, and the coin symbol is a DOGE. Originally created as an e-money by Billy Markus as a proof and an improved demonstration of Bitcoin, it quickly became popular in the e-money community.

Dogecoin issuance:The total issuance of DOGEcIN is 100 billion, and the creator hopes to reduce the manipulation of the currency value by a small number of people through a huge issuance.

Due to the huge issuance, DOGE's development in the commercial sector has not progressed much compared to Bitcoin, Ethereum and Litecoin. There are two ways to obtain Dogecoin, one is exchange trading, and the other is mining.

The advantage of Dogecoin is that its scale is relatively large, the number of users is relatively large, and it is driven by celebrities such as Musk, and the development prospects are still very good. Although since last year, there has been a round of big rise in cryptocurrency, of which Dogecoin's is the most surprising, in less than a year, Dogecoin has grown by 200%, which makes many people very excited. And unlike other cryptocurrencies, Dogecoin is that although it is also a limited currency, its currency volume is as high as billions, which is much higher than other currencies, and the size of its holders is also very impressive.

In fact, Dogecoin turned out to be just a very ordinary, not even worth mentioning currency, and for a long time, no one paid attention to it. But it wasn't until startup star Elon Musk started promoting his Dogecoin that he tweeted about Dogecoin basically every few days, and even said that he would take it to Mars. Under Musk's hard work, Dogecoin's influence is naturally increasing day by day.

However, many people have expressed concern that there are too many types of cryptocurrencies now, and there are countless at all, although Dogecoin has the blessing of Musk, but the future development is still uncertain, especially in the context of increasingly severe regulation, Dogecoin is facing increasing pressure, and its ** fluctuation frequency is also very high.

The development prospects are very good, because the market value of this virtual currency is relatively high, and it also attracts a lot of people to invest.

The future development will not be very good, no matter how powerful the dog is, Bitcoin is just a very low-end currency, so there will not be any good development in the future.

The development prospects should be said to be good, because Dogecoin's ** is still relatively low.

The development prospects are also good, especially there is a market, so you can see that this is very good, we can wait and see?

It is understood that since the beginning of this year, Dogecoin.

Repeatedly hit new highs, with an increase of more than 260 times in 6 monthsAt one point, the market capitalization also reached about $92 billion.

Dogecoin, Dogecoin Dogecoin, born on December 8, 2013, is a virtual currency based on the Scrypt algorithm.

In fact, the skyrocketing coin was originally born out of a joke by the founder's attempt to satirize Bitcoin.

The speculative atmosphere of the circle is marked by exaggerated and playful doge doghead emojis.

But then the joke got bigger and bigger, attracting Musk.

For its platform, the hype of Dogecoin continues to take to new heights.

Since the beginning of this year, Musk has been on his Twitter.

"We don't need to be billionaires to have Dogecoin", "Dogecoin is the people's virtual currency", "I didn't drink much, I wasn't depressed, I only had Dogecoin in my heart" ......

Dogecoin is up again:

At noon on May 8, Dogecoin rose strongly, briefly touching the US dollar and hitting a new all-time high.

U.S. Time. This Saturday night, Musk will participate in the recording of NBC's popular late-night comedy show "Saturday Night Live" as the host.

He even tweeted about the "guest of the show" on Friday evening, with a picture of Dogecoin and the caption "guest starring".

The highest ** reached the meta. As of June 9, 2015, the market capitalization reached 100 million. Since there is no pre-mining, Dogecoin is distributed fairly, and the charity and tipping culture is deeply popular, and the user development is surprisingly rapid.

On May 8, 2021, US time, in the Saturday Night Live show of the veteran entertainment variety show in the United States, Musk, the "godfather of Dogecoin", made remarks. In the show, he admitted that Dogecoin is "**". On May 8, Shiba Inu** soared by more than 251, with a trading volume of 40.3 billion yuan.

On May 9, DOGE (Dogecoin) fell by more than 35% intraday and finally closed down.

Applications:Although Facebook has approved the launch of these two apps, users should be aware of the restrictions, and the tip feature is limited to approved groups to avoid confusion among users, but groups can be added, so virtually all Facebook users may receive tips.

Who can say for sure how much Dogecoin will rise up to, even Warren Buffett is not easy to give an answer, just like no one would have thought that Bitcoin would rise to more than $10,000 before, ** with uncertainty, but your choice can be determined, it is very important to choose a good platform, just like I chose to use (currency exchange digital currency trading platform), I personally feel very good.

Dogecoin has been out for a few years, and the value of digital currency lies in the number of people it participates in and the volume of transactions, as well as the liquidity in the entity. I also bought this, so I can communicate about it.

At present, Dogecoin's ** is one yuan, and 1,000 yuan can buy 50,000. If you want to make 1,000 yuan become 2,000 yuan, you need to double both digital coins. At this time, you will find that it is easy to change the value of the Dalcoin meta, because the total amount of Dalcoin is now smaller than that of Dogecoin, and there is a lot of room for appreciation.

It is very difficult to double Dogecoin into yuan. It can be seen that the appreciation of Dalcoin is greater, and for ordinary investors, spending 1,000 yuan to speculate on Dogecoin feels too wasteful, and it is better to buy Dalcoin, but it is another matter for rich local tyrants.

Today's Dogecoin ** is the yuan, and Dogecoin once rose to the highest.

Now Dogecoin's ** is about.,The highest time is only about it.,First I thought I could get it.。

It's about a handle, Dogecoin shouldn't have been on it, and it didn't rise when I played.

Dogecoin is currently the highest in the history of the Chinese currency.

Hello: At present, the ** of the Chinese currency network is yuan, and the most ** is yuan. Thank you.

Dogecoin is a virtual currency.

Dogecoin was born on December 8, 2013 by Jackson, an Australian brand and marketing expert

Palmer and Portland, Oregon, USA, programmer Palmer are the creators of Dogecoin.

Doge was originally a cute Japanese Shiba Inu

inu)。Dogecoin's currency code is DOGE, the symbol is D, and it uses a proof-of-work script

Algorithm. Compared to other cryptocurrencies, Dogecoin has a faster transaction confirmation time: 1 minute; There is no upper limit on the total amount of Dogecoin, reaching 100 billion around July 2015, and 5.2 billion Dogecoin will be generated every year thereafter.

Dogecoin has a unique community culture, where Shibe is kind, generous, and happily enjoys the congenial atmosphere. The Dogecoin community's philanthropic efforts are widely praised in society and have an unrivalled culture of community tipping.

Dogecoin has taken the world by storm so far, and after only two weeks of appearance, it has become the highest market capitalization.

The world's seventh-largest cryptocurrency at $8 million.

Dogecoin is similar to Litecoin: both are based on scrypt

algorithm, and the transaction is more convenient than Bitcoin - the confirmation time of Dogecoin is only 1 minute.

In the first year, 100 billion Dogecoin will be mined, and 5 billion will be mined every year after that. In addition, Dogecoin also has an assisted mining mode, which largely refers to the solution to Dogecoin's security problems.

Dogecoin has become a heavyweight in the tip space a week after its launch, and is in the ranks of the second largest tip currency, and users pay tips through Dogecoin megabytes, which also means that more investors are accepting the changes that cryptocurrencies can make to their lives.