What is Dogecoin(DOGE)?
Dogecoin (DOGE) is a decentralized, peer-to-peer digital currency that enables you to send money online quickly. Dogecoin is used with a wallet on your computer, your smartphone, or a website. One of the most popular uses for Dogecoin is “tipping” fellow internet-goers who create or share great content.
Dogecoin was created by programmer Billy Markus from Portland, Oregon, who expected to create a fun cryptocurrency that could reach a broader demographic than bitcoin. Dogecoin was officially launched on6 December 2013. Initially, the Dogecoin network was intended to produce 100 million Dogecoins. But later it has announced that they are will produce infinite Dogecoins. On December 19, 2013, Dogecoin jumped nearly 300 percent in value in 72 hours, rising from $0.00026 to $0.00095. As of 25 January 2015, Dogecoin had a market capitalization of USD 13.5 million. In August 2018, Dogecoin reached $1 billion market cap.
How does Dogecoin(DOGE) work?
The Dogecoin is just like Bitcoin and EThereum and follows their principles. Users of the Dogecoin network need to initiate a send command to complete a transaction. This command contains the receiver’s address as well as the amount of Dogecoin to be transferred. This data is carried via a blockchain to the Miners who are public ledger keepers. Once the miner approves or disapproves the transaction, the ledger is updated, and the amount is deducted from the sender and credited to the receiver’s account. Transactions are completely anonymous and secure.
How to buy Dogecoin(DOGE)?
The users will need a Dogecoin wallet to store you Dogecoins. So get into the official website and find an appropriate wallet. There are exchanges which allow the users to buy Dogecoin with some other currencies like Bitcoin or Liotecoin. So you will have to buy the Bitcoin or Litecoin first in Paypal or Credit card etc…
Dogecoin(DOGE) Price prediction 2018
DOGE can be a profitable investment option. Dogecoin price equal to 0.00789 USD at 2018-01-18. If you buy Dogecoin for 100 dollars today, you will get a total of 12668.159 DOGE. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-13 is 0.0143 US Dollars. With a 5-year investment, the revenue is expected to be around +80.78%. Your current $100 investment may be up to $180.78 in 2022. The Dogecoin price today is $0.007884 and the market cap value is $889,491,637. The current supply is marked as 112,816,798,328 DOGE and the volume is $61,765,300. Dogecoin(DOGE) price, Dogecoin(DOGE) price chart, Dogecoin(DOGE) history, where to buy Dogecoin(DOGE), how to buy Dogecoin(DOGE), Dogecoin(DOGE) exchanges, Dogecoin(DOGE) wallets, Dogecoin(DOGE) mining.