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Elon Musk Calls Dogecoin 'My Fav Cryptocurrency'

Jackson Palmer, founder of Dogecoin, doesn't see any similarities between the development of blockchain and the Internet.

"Net Red" Dogecoin

The net outflow of the remaining assets did not exceed RMB100 million. Among the outflows were two large-cap assets, including NEO and Dogecoin, and it is worth noting that Dogecoin has seen a drop in volumes today, returning to silence in recent days after a strong rally in previous days.

With Ethereum, USDC, Bitcoin SV, USDT, DOGECoin, Chainlink, AION, SOLO, Binance, Coinbase.

In this way, the internet legend shifted from Doge to Dogecoin. On December 6th, on BitcoinTalk, a well-known Bitcoin forum, a new member named Dogecoin posted a message about a competitive coin named Dogecoin, which Chinese translates as a dog coin, cute and memorable. The title of the post is Dogecoin - very currency - many coin - wow - v1.1 Released, and the style of the teaser is in line with Doge's.

That's because James Galante, a foreign shaker user, has been uploading videos since June to promote the purchase of Dogecoin, launching the hashtag "DogecoinTikTokChallange," claiming that if many people put in $25, Dogecoin would get rich all by rising to $1, with the most popular movie viewings reaching 778,000.

DOGE (dogecoin)

DOGE (dogecoin)

As cryptocurrencies have changed with each passing day, Dogecoin has become popular, and over the years it has developed many unique features. There are three main reasons why Dogecoin is so popular around the world.

This isn't the first time Musk has shown a love for Dogecoin. He had previously changed his Twitter resume to show that he was the CEO of Dogecoin, and had posted a message on Twitter that "put dog money at the wizard" and deleted it shortly afterwards.

TikTok beat Elon Musk to become An Ambassador dogecoin.

IOTA (MIOTA), Nebulas (NAS), Dogecoin (DOGE)

TikTok beat Elon Musk to become An Ambassador dogecoin.

11 tokens such as CLAM, DogeCoin, Augur, etc. have been added to the trading area.

Dog Coin (DOGE) icon Dogecoin was born out of a tweet, a joke. In 2013, dog dog image was so popular that Palmer, a flat-shooting and marketing expert at Adobe Sydney and a cryptocurrencies researcher, tweeted semi-jokingly, "Invest in Dogecoin, this is the next big opportunity." After the tweet, there was a lot of support, and Palmer was very effective in buying the domain name dogecoin a week later. Meanwhile, in another part of the globe, Markus, a programmer in Brandt, has been trying to create a cryptocurrencies. Markus came across the site and contacted Palmer for help. Before Palmer replied, he set out to transform the source code of Bitcoin, adding elements to Doge Mene. Palmer quickly replied to Markus, and the two clapped together. Eventually, dogecoin was born more than a week after the half-joking tweet. Dogecoin was born and developed so smoothly that it can even be described as hot. For Dogecoin itself, there are two main reasons for the boom: First, Dogecoin brings its own social attributes. On social networking sites such as Reddit, Dogecoin's content was very popular before it was born. When Dogecoin was born, it was greatly assisted by sites like Reddit. Dogecoin has far more attention on social networking sites than Bitcoin, Litecoin and other shanzhai coins. Second, Dogecoin's tip and charitable culture are recognized. Dogecoin advocates a tip culture, which has been used by many people for activities such as rewards in just one week, showing the level of recognition of its tip culture. Dogecoin is also more recognized in terms of philanthropy, and its charitable support is already extensive.

Dogecoin has become a famous joke coin with its logo on a fire dog, which - to everyone's surprise - has actually begun to accumulate values since its inception in December 2013. GoCoin, the international payment platform, announced plans to support dogecoin, however, with its relatively low price against the U.S. dollar ($1 dogecoin , $0.0008618 as of the time of writing), meaning it is easier to popularize and facilitate. The dogcoin community regularly launches fund-raising campaigns, such as raising $30,000 to help the Jamaican bobsleigh team reach the Sochi Winter Olympics. Recently, the Dogecoin Foundation has renewed a campaign to raise $50,000 for new wells in drought-hit areas of Kenya. Kevin Bollegaard, Vice President of Engineering GoCoin, said, "We love the spirit of the Dogecoin community and our merchants are ready to accept it to join Bitcoin and Litecoin. "

Dogecoin, one of the most popular cryptocurrencies, has a market capitalisation of $219 million.

Dogecoin Dog Coin was launched on December 8, 2013 as a "snopic digital currency". Today, it is one of the world's most popular cryptocurrencies, with a market capitalisation of more than $350 million. This makes it still attractive for investment and mining. Dogecoin digs in a similar way to Monero.

The D'CENT biometric wallet now fully supports cryptocurrencies tokens for the Tron and Dogecoin ecosystems. In August, D'CENT announced that it had added support for TRC and Dogecoin tokens in its biometric wallet. The latest firmware version of the D'CENT biometric wallet has updated support.

Even Vitalik Buterin, founder of Ethereum, tweeted: "I'm very much in support of Dogecoin."

DogeCoin

DogeCoin

Binance Wallet Trust Wallet recently listed Dogecoin (DOGE) cryptocurrencies.

Dogecoin, which was born in 2013, is perhaps the best example of "community governance".

However, it can also be argued that any monetary inflation is necessary. Without inflation, Dogecoin holders will be encouraged to hoard their currency. This goes against the nature of Dogecoin.

Dogecoin price prediction in 2019 Will the price of Dogecoin increase significantly? Probably, it's all because of the popularity of Dogecoin. The currency has a reasonable chance of showing a price of more than $0.05 per Dogecoin