Dogecoin Market Cap Nears $100B, Critics Blast ‘Joke Coin,’ Community Abuzz W...
The infamous meme-based cryptocurrency dogecoin is on the move again just before the upcoming Saturday Night Live episode featuring Elon Musk. While dogecoin is up 81% today a lot of cryptocurrency veterans have been warning newbies about the digital currency that was meant to be a joke. Meanwhile, others believe that dogecoin has a lot of potential, and could be a long-standing competitor in the world of crypto assets. Dogecoin Markets See a Pre-SNL Rise The cryptocurrency that literally began as a joke, dogecoin (DOGE) is nearing a $100 billion market capitalization on Saturday. DOGE is....
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Many people don't care about Dogecoin. What a joke, right? It was started as a joke, after all. The way the people communicate is such a joke - sorry, such joke, very silly. These things might be true, but here's something else that's true: Dogecoin has consistently been in the top ten market capitalizations for cryptocurrencies, and since its initial highs in March last year, it's been relatively stable in terms of both market capitalization and value. Coinmarketcap.com. The value we're referring to could be very low, but with high inflation comes easier access to the coins. Many of its....
The infamous dogecoin was one of the first meme-based digital currencies and it’s safe to say that the coin inspired a myriad of meme-focused or joke tokens meant to be used for fun. However, while dogecoin has had a phenomenal 2021 rising 8,515% in 12 months, during the last month dogecoin prices have stagnated a great deal. At one time, dogecoin held the fourth largest market capitalization but today, the original meme-coin’s overall market valuation has slid to the ninth position. Dogecoin Slips to the Ninth Largest Market Position After Price Highs Subside, 67% Down From....
What started as a twitter joke which the creators, Jackson Palmer and Billy Markus, thought would “fade out within a few days” is on its way to becoming the next big Internet sensation or will it become another bubble caught in a whirlwind boom? Within an odd six to seven months, the market cap of Dogecoin has reached $100 million. So what is the reason behind it’s success. Dogecoin is getting community support in a way which other crypto-currencies have been unable to achieve. People seem to ‘click’ instantly when it come to Dogecoin. Its relationship with meme fueled its initial growth....
When the Dogecoin project started, nobody expected a brilliant future for it. The popularity of Dogecoin surprised even its founder, Billey Markus. On December 8, 2013 Markus presented the crypto-community a new cryptocurrency named in honor of a dog of shiba-inu breed, an Internet meme under the name Doge. Trades at the exchanges of this coin began on December 16, 2013 with a price 73 Satoshi. However, Dogecoin prices have fallen to 32 Satoshi not for a long time and soon began rising up. On February 10, 2014 its price reached 240 Satoshi. Two months from the launch the market....
Dogecoin's original founder is struggling to come to terms with DOGE's recent gains. Dogecoin founder Billy Markus has revealed that he sold off his DOGE stash in 2015 for an amount equivalent to a used Honda Civic.Markus made the comment in an open letter to the r/dogecoin subreddit earlier this week in which he sought to introduce himself to new members of the community and outline what he believes is the “true value” of DOGE after the Dogecoin mania that saw it gain 900% since late January.In the post, he provided context on the history of Dogecoin, in what appears to be a love-hate....