DogeCoin Union: dogecoin price outlook

Dogecoin price outlook unclear as DOGE confronts a crypto market painted in red - The Crypto Daily News

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.

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He referred to the "former CEO" as Tesla CEO Elon Musk. "Dogecoin is probably my favorite cryptocurrencies," Musk said in a tweet last April. He later changed his profile to Dogecoin CEO and immediately to Dogecoin's "former" CEO.

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There are certainly more reasons why Dogecoin is so popular. Technically, Dogecoin is actually a faction with Litecoin, which is based on the Scrypt algorithm and, like Litecoin, is easier to trade than Bitcoin, and they have more numbers, with Dogecoin digging up to 100 billion, compared with 21 million bitcoins. Palmer also noted that Dogecoin is not like Bitcoin, where people don't get involved just for the sake of speculation, which is a way of sharing and thanking.

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Dogecoin trend analysis In the past year, the popularity of Dogecoin has been very stable. As you can see in the figure below, the currency even gained a surge in popularity for the search term "dogecoin". In September 2018, Google users were very interested in Dogecoin. There were some less obvious peaks in July and December. At the beginning of 2019, the popularity was about the same as in the same period in 2018

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On July 4th, Coin An announced that dogcoin (DOGE) will be launched on July 5, 2019 at 20:00, and the DOGE/BNB, DOGE/BTC, DOGE/USDT, DOGE/PAX, DOGE/USDC trading market will be launched.

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