What is Dogecoin?


When the internet was full of pictures of Shiba Inu (an attractive dog from Comic Sans captions), no one thought it was the beginning of a new Cryptocurrency. The dog brand became the face of a new Cryptocurrency that has now won the hearts of many; Dogecoin. Here’s a look at Dogecoin to establish its founders, their goal, and operating system.

Dogecoin is an internationally distributed digital currency that enables users to send cash online. It sets itself apart from others because of its amazing community of engineers who are constantly working creatively to take the type of money to the next level. Its enthusiastic user base has made the currency change the face of current blockchain platforms. Everyone is now starting to think that joining is possible and beneficial.

Dogecoin was founded by Billy Markus in 2013 who wanted to change the face of cryptocurrencies. Since the launch of Bitcoin in 2008, the world of cryptocurrencies has remained a mystery. Five years after the invention of Bitcoin, the common denominator was that secret money was the means of fraudsters and drug dealers. When Palmer Adobe Systems joined the program by buying coins, its outlook began to change.

On December 19, 2013, the Dogecoin amount exceeded 300% in just 72 hours. This was a unique time when some cryptocurrencies like Bitcoin were faltering in the decision of many Chinese banks to restrict investment in Bitcoin. Many people thought that Bitcoin would be destroyed and jumped on Dogecoin as an alternative. However, Dogecoin has dropped by 80% over the next 72 hours due to over-mining.

Dogecoin offline USB Wallet

We recommend that you keep your cryptocurrency secure. It is not a good idea to keep it in the trade for security reasons. We recommend that you purchase a Ledger Wallet. The Ledger Nano S is a hardware wallet for Bitcoin, Ethereum, and Altcoins, based on the strong security features of cryptographic assets and digital payments. It connects to any computer (USB) and embeds a secure OLED display to double-check and verify each action with a single tap on its side buttons. Click the link below to find out more.

Although Dogecoin introduces a new way of looking at cryptocurrencies, its low currency value has been a major setback. Most people who want to invest in serious blockchain technology may choose to consider a stable Cryptocurrency that guarantees certain results. For more details about Dogecoin please click the website here “Singapore Digital Exchange”.