• TheHoursTime

What is Dogecoin?

Updated: Apr 13

Dogecoin is a cryptocurrency and was created for laughs, serves no purpose, and is now worth more than 10 billion market value. Dogecoin was invented in 2013 by Billy Markus.

Dogecoin is a cryptocurrency, a form of digital currency something like bitcoin and enables peer-to-peer (P2P) transactions across a decentralized network. One important difference: bitcoin is the original blockchain proof-of-concept. Bitcoin is ground-breaking. Bitcoin is a world-changing technology with the potential to transform how money works.

what is dogecoin

Dogecoin is a digital coin with a picture of a dog that is Shiba Inu on it. Recently, Elon Musk’s interest in Dogecoin is attracting attention to the cryptocurrency ecosystem and caused Bitcoin prices surged more than 25%.

Tesla owner, Elon Musk has been sharing a series of tweets promoting Dogecoin, which initially began as a cryptocurrency joke and this has increased Dogecoin more than 10 billion market value.

According to Bloomberg, Dogecoin is expected to stay strong and head towards its first $1 mark towards the end of 2021 after Elon Must showed interest in Dogecoin via Tweeter.


Will you invest in Dogecoin? Do you think Dogecoin can replace Bitcoin?

11 views0 comments

Recent Posts

See All