what is dogecoin:
the cryptic community,dogecoin
is considered more of a meme than
a serious cryptocurrency dogecoin
was created in 2013 and named after
the popular meme of
ashiba inu the creators of the cryptocurrency
used litecoin
technology to power dogecoin dogecoin
was created as
a sarcastic joke by jackson palmer a product
manager at adobe a
software engineer at ibm bill marcus
saw the buzz dogecoin was getting and developed
software for palmer to accompany
his product from
there the cryptocurrency jumped a staggering
300 percent after
only two weeks of being launched after
becoming a
viral sensation however dogecoin is
an inflationary coin meaning there is no
finite
number of dogecoin to be mined instead
the number is
unlimited which the creators believe created
a more versatile newcomer
friendly community it also means
that the price can never be driven up
by scarcity since there is no supply
cap,the
sense of community through dogecoin has
always been palpable
at the height of their success they
donated millions
of coins to relief funds and humanitarian
projects worldwide,unfortunately
the friendly community that
began dogecoin did
not continue and the coin took
losses.
after a handful of scandals and scams like
the rest of the crypto community,dogecoin
took a massive plunge in 2018.H
owever despite the controversy and downfall
of cryptocurrency a
dedicated team to miners continues to mine
for dogecoin and
believe in the mission more recently in
2020.A
fter a week of viral videos on tick tock
the coin jumped 35,in
price and 2 000 in volume and while that
was short-lived dogecoin
still ranks has a top 50
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