Wow — So profit: An introduction to Dogecoin
We have reached a new, super-meta-post-postmodern stage of development in digital currencies, and in the internet in general. For those totally baffled by the above headline, you first need to get up to speed on Doge. Doge, explained here, is the internet’s meme du jour. Basically, it’s a photo of a dog with a scattered, quasi-intelligible inner monologue written in Comic Sans. Memes, in the classical definition of the word, are ideas that spread virally to contagion at a society-wide level. On sites like Reddit and Tumblr and BuzzFeed, memes are more like running jokes, but the contagion....
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A recent report by IntoTheBlock offers new insights into the profitability of meme coin holders, including Dogecoin, highlighting variations in the percentage of holders in profit and whale concentration. Dogecoin, the forerunner in this category, continues to hold its own, with new data underscoring its dominance in terms of profitability for its holders. Related Reading: Dogecoin Poised for a 150% Surge? Key Price Levels to Watch Dogecoin Holds The Lead According to the report by blockchain data analytics platform IntoTheBlock, Dogecoin outpaces its counterparts, with 42% of its holders....
Dogecoin has been on the decline ever since it hit its all-time high back in May of 2021. This was at the height of the bull market when billionaire Elon Musk was at his peak of shilling the meme coin. Since then though, the digital asset has not fared as well. It has hit one […]
Dogecoin Hack. BBC News and Technology, an extremely reliable news site, is reporting that hackers have attacked the Doge Vault, leading to a 'Temporary Shutdown'. The Doge Vault is a site that many Dogecoin holders choose to hold their Dogecoin crypto currency. Doge Vault has issued a statement seeking to reassure holders, they go on to state that they took the decision to temporarily close the site when they noticed people 'tampering' with funds in wallets they were holding. They are currently said to be assessing the effects of the attack and the losses, if any, to Dogecoin holders.....
Dogecoin is an unlikely cryptocoin experiment that, against the odds, has taken off - mainly as a digital tipping tool for sending tiny amounts of value. It wasn't some loss of faith in government money systems that created dogecoin, and it certainly didn't have anything to do with a hell-bent drive for profit. It came from a desire to learn, and a need to share, which are principles that pretty much built the Internet in the first place. Dogecoin might be the blueprint for how to make a true microtransactional cryptocurrency, a next-gen coin that could compliment bitcoin payments. That's....
The party Doge featured on DogeCon's stream page. Such srs party! This week left me feeling philosophical about Dogecoin. In my last Weekly Doge installment, I felt that Dogecoin was at a turning point. Faced with security challenges and sometimes vicious public debates in the last two weeks, the community now appears to have chosen to stick to its roots - putting passion and generosity above all else. When explaining my thoughts on the question in the title ("Who Cares About Dogecoin?"), I found myself writing more than was appropriate for an introduction, so I moved it to the "Final....