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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.

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CEX. The IO tweeted that the platform's Bitcoin withdrawal fee has now been reduced to 0.0005 BTC.

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Due to the wild spread of a Dogecoin challenge video on the short video platform TikTok, the price of Dogecoin increased by 50% within 24 hours. As of press time, its price is $0.042, since October 2018 The highest price. In this regard, Dogecoin Twitter warned traders not to engage in speculative activities. Dogecoin said, "Please make the right choice and don't be influenced or manipulated by others' FOMO. Be safe. Be smart."

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To increase the bandwidth of viable transactions while reducing the cost to users, Reddit can move Reddit transactions from the base slice to a specific Reddit share. Reddit can choose how to provide data availability assurance to users. The easiest way is to leverage the existing zkSync guardian implementation to provide users with proof of equity data availability assurance. We recommend that Reddit extend the Guardian template to host additional data on Reddit's servers. In this model, even two-thirds of guardian attacks can be circumvented by Reddit, providing Reddit users with a strong guarantee of data availability. Similarly, users' data is protected from Reddit server failures, hacking, and more.

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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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Just ten days after Jackson's Twitter post, Doge coin came out. Taking advantage of the popularity of Doge and Bitcoin, the Doge coin bursts into the internet, and although it is Bitcoin's "shanzhai", it still attracts countless people to play.