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Official MXC Matcha Leveraged ETF, as of 10:00 on August 4, BTC's long-short position ratio was 2.3:1, DOT was 18.9:1, BCH was 10.1:1, BSV was 15.6:1, DASH88:1, ZEC was 4 .4:1, LTC is 1.1:1, ETH is 0.1:1, EOS is 21.1:1, OKB is 14.1:1, HT is 518:1, BNB is 36.3:1, ATOM is 5.1. :1, LINK is 1.3:1, ALGO is 20.9:1, XTZ is 16.7:1, VET is 0.007:1, DOGE is 48.8:1.

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In order to be verified, merchants must provide and validate their business for basic payment processing. A bank account or Bitcoin address is also required to receive payment settlement.

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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.