Dogecoin is a joke cryptocurrency, well, formerly a joke cryptocurrency. DOGE, named after a popular internet meme with a Shiba Inu dog, was created in 2013. The developers just wanted to create this crypto coin for fun and did not have true intentions of getting it out to the market or trading. However, the community liked the new notion and spread the word about the new coin, making this cryptocurrency viral.
DOGE coin aims at creating a cryptocurrency that does not bother with the usual problems of other popular coins. The rules are simple – less seriousness equals a happier life. No troubles. The laid-back attitude attracted an impressive amount of people who support Dogecoin. The community is truly loyal in their following and, unlike some other crypto coin groups, is very welcoming. As Dogecoin news state, the crypto is often used for various charities, raising funds for a good cause and so on. Dogecoin price was never as high as BTC or ETH, but also DOGE comes in an unlimited amount coins, which justifies a rather humble value. For example, there can only be 21 million Bitcoins issued – DOGE does not have to think about it. Dogecoin price history is more on the stable side, too. On the other hand, cryptocurrency experts have goof future price projections for this crypto.
Generally, Dogecoin is quite a secure cryptocurrency. Sure, there were issues here and there in the process of development, but name a crypto that did not have those.
Dogecoin developers are always striving for providing better security solutions and avoiding problems in the future. A good advice on having DOGE would be – keep it in a safe wallet, take care of your private keys and always stay up to date with the news.
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