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CryptoBUY: DogeCoin the pet of Elon Musk 🐕

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Tesla CEO Elon Musk tweets that Doge is going to the moon every time. A year ago, Elon changed his bio on Twitter to read One word: Doge. Doge has been hot and popular from then on. Several tweet series from Elon were contagious until this time of writing this article.

The image source is: Reddit.com 

Some Tweets of Elon Musk about Doge

Three days ago Elon tweeted this one again and Doge pump.

Elon Musk via Twitter

Then this meme tweet followed, after many purchased Doge and were thankful since they had gained from it, and Elon saying “your welcome” in his caption.

Later, another tweet from him and Doge fuelled the fire once more.

Elon Musk via Twitter

As a result, this Tweet meme is also trending because Snoop Dogg also bought Doge lol.

Bitcoin will continue to gain momentum until Elon Musk talks about it for a while, that's the power of having a name like ELON MUSK the god of Doge lol. Could Elon Musk also tweet about Bitcoin Cash ???

What's Doge?

 

The dogecoin cryptocurrency: What is it and who has it?

Dogecoin (DOGE) is founded on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney Australia, created the open-source digital currency that was forked from Litecoin in December 2013. Dogecoin's creators envisioned it as a fun, lighthearted cryptocurrency favored by a broader audience than the core Bitcoin audience, as it was named after an adorable dog meme.

 

The mining process for Dogecoin can be found here.

Many features of Dogecoin differ from Bitcoin's proof-of-work protocol, one among them being Scrypt technology. It has also a block time of 1 minute, and the total supply of it is uncapped, which means that there are no limits to the number of Dogecoin that can be mined. You can mine Dogecoin either solo or by joining a mining pool. Miners can mine Doge using Windows, Mac, Linux, or a GPU, and the cryptocurrency may be used to purchase goods and services. Mining Litecoin requires the same process as mining Dogecoin, as the processes became merged in 2014.

 

What does Dogecoin mean?

The Dogecoin tipping system is primarily used as a program on Reddit and Twitter to incentivize the creation and distribution of quality content. Tip Dogecoin can be learned by participating in a certain community made of Dogecoin users, or you can earn its use by utilizing a Dogecoin faucet. Dogecoin Faucets are websites that will give a free amount of Dogecoin in order to serve as an introduction for the said currency, in this way a person can get involved in Dogecoin communities.

 

Dogecoin price today

Dogecoin's price today is USD 0.069373 that has a 24-hour trading volume of USD 13,712,749,897 as of writing this article. Dogecoin is up 18.11% in the last 24 hours. The current CoinMarketCap rank is #10, with a market cap of $8,898,838,649 USD. There are 128,275,738,389 DOGE coins in circulation, and a total supply of 100,000,000 DOGE coins. As yet, the supply has not been capped.

Dogecoin can be traded on Binance, Houbi Global, OKEx, HBTC, and ZG.com. You can find others listed on our crypto exchanges page.

 

My spot trade of Doge in Binance

I am one of those lucky ones who bought dodge at the lowest price which is $0.012 before it pumps hard up to $0.08. However, I am also not so lucky in the sense that while I sell not on the peaks but in the middle, I still have Doge left, and I let it go to Mars as long as Elon is caring for his pet.

CrytoBUY: This is a blog in which I will tackle the coins I bought, whether it's a good coin or a shitcoin. This is for educational purposes for those who want to learn about other crypto coins. I just wanted also to tell you what coin/shitcoin I bought and tell you my experience on trading it. So, this is not financial advice, always remember to invest at your own risk and more on DYOR.

P.S don't mind the amounts on my trades, I am still a novice trader practicing with small amounts.

This article is first published at read.cash

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 3/3/2021

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