Sorry, you have been blocked
The first of the dog-themed meme coins, Dogecoin was launched on December 06, 2013 by software engineers Billy Markus and Jackson Palmer. Palmer and Markus created “Dogecoin” as a satire on the spread of competitor coins, with an attempt to capitalize on the success of Bitcoin (BTC). The cryptocurrency is named after the popular “Doge” meme featuring a Japanese Shiba Inu breed dog as its logo, which became the coin’s identity. Dogecoin review Dogecoin, a cryptocurrency that started as a joke, has recently gained a lot of attention and has become a hot topic among investors and traders, especially with the surge in popularity of the dogecoin stock. Despite its humble beginnings, Dogecoin has managed to grow into a serious player in the crypto world and has attracted a lot of attention from investors and traders who are eager to invest in this digital asset. In this comprehensive guide, we’ll take a look at the rise of Dogecoin and the risks that come with investing in it.
How does investing in dogecoin work
High inflation rates have forced the Federal Reserve to attempt to pump the brakes on the economy by rapidly pushing up interest rates. And the expectation of worse to come hasn't been good for risky assets like Dogecoin (DOGE 1.34%), which is down significantly in 2022 amid the turmoil in the crypto market. How to Buy Dogecoin (DOGE) It wouldn’t be too hard to argue that much of Dogecoin's coding is a direct copy of Bitcoin. Discussing the idea, one of the coin's founders, Billy Markus stated that it only took 3 hours to create Dogecoin. He described how he literally used the control F function to scroll through Bitcoin's code and replace all instances of Bitcoin with Dogecoin.2. Find a place to buy Dogecoin
On your chosen exchange’s trading or purchasing platform, search for Dogecoin. From there, choose your trade type, and input the amount you want to invest. Alternatively, you can input how many Dogecoins you’d like to buy. Invest in Real Estate in 2024 While Dogecoin has had a troublesome year, the future continues to look bright for the meme coin. While Bitcoin dropping in price since 2021 has had a negative impact on DOGE, many investors have begun to call a market bottom, meaning that we could start to see some growth once again pushing DOGE into the realm of the top crypto gainers.
