Dogecoin

Dogecoin is a popular cryptocurrency that was initially created as a lighthearted joke, an alternative to Bitcoin, and took its name from a popular meme

What makes Dogecoin Valuable?

  1. Dogecoin is the 6th largest cryptocurrency by "market cap"

  2. Dogecoin's popularity is largely responsible for its ascention into the top 10 coins in the market; it garners media attention, which in turn drives up demand.

  3. FOMO ("Fear of Missing Out") plays a significant role in price fluctuations, with new traders coming into the fold as Doge begins it's ascent "To the Moon!"

  4. The Community of Support behing it. The Doge Army is a force to be reckoned with.

Other facts about Dogecoin

  1. Billy Markus created Dogecoin.

  2. Dogecoin operates on its own blockchain and a mining system similar to Litecoin.

  3. When it was created in 2013, the site dogecoin.com received more than a million visitors in the first month.

  4. Dogecoin is favored by Elon Musk (Self-proclaimed "Dogefather")

  5. Unlike Bitcoin, Dogecoin is not supply-capped (no maximum supply) and was designed to be abundant (10,000 coins minted every minute).

Heading to the exchange for some DOGE?