Dogecoin, like other cryptocurrencies, is a digital or virtual currency created in 2013 by two software programmers, Jackson Palmer and Billy Markus. It all began as a joke that garnered a lot of attraction, which makes it one of the fastest-growing Crypto today and spotlighted in the top 10 crypto list.
The Shiba Inu is the based design behind the most favorite joke coin, a popular Japanese dog breed. It started gaining attention as a meme that went viral in 2013 and gained a lot of attention throughout the internet. Dogecoin investors are envisioning it as a peer-to-peer digital money platform that might appeal to a much larger audience than Bitcoin.
On December 6, 2013, Dogecoin, dogecoin was released to the globe. Just three days later after the launch date, Dogecoin’s value rose about 300 percent, to 0.00095 dollars, from 0.00026 dollars. The price steaded on that line with a little price fluctuation from 2018 to November 2020.
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Nearly all Cryptocurrency Exchange including FX that caters Crypto trading supports and listed dogecoin as one of the primary assets to be traded today. Unlike before. Fame brought more to dogecoin when celebrities and multi-billionaire Elon Musk bought actively tweets his support in dogecoin.