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Dogecoin (/ ˈ d oʊ (d) ʒ k ɔɪ n / DOHJ-koyn or DOHZH-koyn, [2] Abbreviation: DOGE; sign: Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. [3]
Currency Symbol Founder(s) Hash algorithm Programming language of implementation Consensus mechanism Notes 2009 Bitcoin: BTC, [3] XBT, ₿ Satoshi Nakamoto: SHA-256d [4] [5] C++ [6] PoW [5] [7] The first and most widely used decentralized ledger currency, [8] with the highest market capitalization as of 2018. [9] 2011 Litecoin: LTC, Ł Charlie ...
Dogecoin co-founder Jackson Palmer had some harsh words about cryptos, calling them "an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents...
The history, most popular types and where it is heading ... The memecoin dogecoin, which launched in 2013, has emerged as an unlikely currency accepted by major retailers, ...
Meme coins have surged in popularity since Elon Musk endorsed the use of Dogecoin, one of the first meme coins. [6] He continued to post tweets about Dogecoin in 2022, including one in January where he stated he would eat a Happy Meal from McDonald's on live TV if they started accepting Dogecoin as payment. [7] The risk of losing money is ...
In terms of overall performance, Dogecoin doesn't even come close to some of the hottest meme coins. For example, the dog-themed meme coin Dogwifhat (CRYPTO: WIF) is up a stunning 1,300% for the year.
The idea of DOGE has been linked to Trump's campaign promises to cut federal spending and reduce the size of government and the size of the federal fiscal deficit. [ 2 ] [ 3 ] The concept of DOGE emerged in a discussion between Elon Musk and Donald Trump, where Musk floated the idea of a department for streamlining government efficiency.
One crypto, though, adds a bit of whimsy — Dogecoin, the crypto named after the Doge (pronounced DOJH) meme … Continue reading → The post Dogecoin: What Is It, History and How to Buy ...