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Chan agreed and told CoinDesk that for Ethereum, the growth in asset values in decentricized financial applications was a step towards a mature financial services without trust and transparency. For Bitcoin, Chan says, the benefit is the ability to make money and mortgage it, which increases the incentive for users to invest in bitcoin.

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Real name authentication, each person can only have one account, no false transactions, transactions on both sides, directly pay their respective accounts, real-time account.

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Recall that Elon Musk had deliberately declared himself chief executive of Dogecoin in the past, when the chief executive of Tesla edited his profile to reflect that he was chief executive of Dogecoin, but soon after, he claimed to have retired.

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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.

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The combination of community generosity, PR campaigns and Doge's intrinsic value meant that Dogecoin became very popular in 2014. Before Dogecoin, it seemed that many early adopters were unfamiliar with cryptocurrencies, which provided a new community to guide the value of money without having to provide compelling stories in other currencies. Dogecoin shows that guidance can be successfully narrated with non-technology. Unfortunately, like many Internet phenomena, popularity has not continued and Dogecoin's exchange rate has fallen.