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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.

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Dogecoin is in the payment currency category in the coin app. The industry's current market capitalisation is $132.5 billion, or 85.89 per cent

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March 4 (Xinhua) -- Tesla and SpaceX founder Musk tweeted his support for the cryptocurrencies Dogecoin (DOGE). He first retweeted a photo of a puppy that appeared to be celebrating its third birthday, with the caption, "I have no idea about numbers." At the back of the post, he posted: 'They have the best coins.

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Unlike Bitcoin, Dogecoin is a virtual currency designed to cross geographical boundaries and unite owners, while Dogecoin has its own name, Doge Meme, which is its symbol.

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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