Dogecoin: Does it Have a Future?
Inevitable goofy Dogecoin meme. Full disclosure: I don't own any Dogecoin and probably never will. I only mine or buy technically innovative and functionally differentiated cryptocurrency. Dogecoin, the alt based on a meme, is the bratty toddler of the crypto world. It runs around the room tugging on ladies skirts and biting men's ankles, endlessly repeating its childish nonsense. Initially charming, Dogecoiners fast become irritating to the point that DOGE price crashes are met with a certain schadenfreude. Yet despite its hyped-up, saccharine shenanigans, Doge has lessons to teach the....
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Dogecoin has a wild ride this weekend starting with Elon Musk’s Saturday Night Live (SNL) and ending with Spacex saying it will launch DOGE-1 mission to the moon. Musk called dogecoin “a hustle” on the show but also said that it is “the future of currency” that’s “going to take over the world.” Dogecoin Is ‘Unstoppable Financial Vehicle That’s Going to Take Over the World, Musk Said on SNL The much-anticipated SNL with Elon Musk and musical guest Miley Cyrus was aired last night. During the show, Musk mentioned cryptocurrency and....
Users of Dogecoin call each other 'Shibes', after the meme which Dogecoin is based on, which features the Shiba Inu breed of dog. One year ago tomorrow, Dogecoin entered the cryptocurrency world. This curious new coin, which was based on the popular Shiba Inu from the Doge meme, was very well received by cryptocurrency enthusiasts. A mining pool was created within hours of launch, and people began to mine Dogecoin. Some did it for the fun of it; they were just looking to get a piece of the action of this fun new coin based off of a meme. Others believed in Dogecoin's future, some even....
The meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U.S. dollar during the last 12 months. Dogecoin’s price gains have pushed interest toward the cryptocurrency, quickly making it a recognizable name. A recently published survey from the web portal gamblerspick.com suggests one out of every four Americans “believe dogecoin is the future.” Dogecoin Survey Shows Meme-Coin Has Been Getting Attention in the US In mid-April, gamblerspick.com conducted a study with 1,001 American respondents that are “familiar”....
Five years ago Saint Satoshi penned a brilliant idea. This idea was given freely to us. It has since fostered an arena where programmers cooperate, collaborate and compete to build viable alternatives. The latest entrant is Dogecoin. Dogecoin began life as a sarcastic remark on Twitter: "Investing in Dogecoin, pretty sure it's the next big thing." After gaining traction online the idea became a reality. It has spread primarily through tipping on Reddit. Dogecoin is a variation of the Bitcoin source code that, like Litecoin, uses Scrypt. However, with Dogecoin, the technical aspects are....
Elon Musk, CEO of Tesla and Spacex, has doubled down on its bet that dogecoin can become a currency able to address Tesla’s new set of environmental requirements. The entrepreneur has tweeted he is now working with Dogecoin developers to improve the currency, hoping it can evolve to be more energy efficient in the future. Elon Musk’s Dogecoin Vision Elon Musk is at it again. Having raised awareness about the energy consumption and the carbon footprint of the Bitcoin (BTC) network, he has now presented a contender of his own to fulfill the role of a green, sustainable currency....