What is Dogecoin? Is Dogecoin good?

What is Dogecoin: Cryptocurrency is a type of “currency” that is used as an exchange. Whose ownership is saved in the computer database? Its price also keeps on increasing according to the demand and supply.

What is Dogecoin

Nowadays there is a lot of discussion about CryptoCurrency. The biggest reason for this is a Cryptocurrency called Bitcoin which was once started with Re 1. But a few days ago it has come above 50 lakhs. You can imagine the cost of one bitcoin in this way. That’s why the craze of Cryptocurrency has increased so much.
Where Bank, Mutual Fund is to be believed, then no one gives returns above 10 to 12 percent, and this Cryptocurrency, in 5 to 10 years, anyone had thousands of Cryptocurrencies available, making him a millionaire.

The demand for Cryptocurrency is going to increase a lot in the coming time. Because right now it has come into the discussion only because of Bitcoin. Now people will start investing in it slowly.

Earlier people used to say that bank FDs were good, then people started taking interest in gold and property. A few years ago, mutual funds were in a lot of discussions. But today this Cryptocurrency has given many more returns than the stock market.
The most talked-about right now. That is DogeCoin because Elon Musk had also come out and tweeted some statements about it since then DogeCoin has become very much discussed.

What is Dogecoin?

DogeCoin is also a type of Cryptocurrency just like Bitcoin. Talking about its introduction, it was used for Fun Token on a website.

Dogecoin was invented in the year 2013. American engineers “Billy Marcus and Jackson Palmer” both discovered it.

The story of its making DogeCoin

Its story is quite interesting. It has been made by being influenced by mimes made in joke. This is a very funny story.

Its logo also appears as a dog. Actually, this is the face of a famous dog.

Your rupee is based on currency. Bitcoin is based on Blockchain but this DogeCoin is based on a Meme.

The story of Billy and Jackson. The idea of ​​DogeCoin came to him in 2013. He said let’s mix two things. Which is trending on the internet. Dog and Meme and after that, this DogeCoin was born.

Creating Cryptocurrency is not a big deal in today’s time. You need a little bit of coding knowledge, from this you can also remove your coin.

“Bitcoin Vs DogeCoin”

Bitcoin is based on Blockchain, it takes more time to process. And more energy also goes.

What is the coding based on Dogecoin? On Litecoin, Litecoin has Altcoin. It has some advantages. If you compare it with Bitcoin, it takes less time than Bitcoin. For doing transactions and for processing. But in today’s time, the market value of Dogecoin has now surpassed even DogeCoin.

If we talk about Cryptocurrency. So Dogecoin has become the biggest Cryptocurrency in the world after Bitcoin, Ethereum, and Binance.

It started when someone used to post on a website called “Reddit”. And who liked the post. He used to give him a Dogecoin as a tip. Later on, its transaction increased a lot and it started becoming popular day by day, initially the price of 1 Dogecoin was only 0.0002¢.

1 Dogecoin equals “1 dollar”

Whoever supports Dogecoin. He wants to bring 1 Dogecoin equal to 1 dollar. Today is the price of one Dogecoin. About 50-60.

How to buy Dogecoin?

Buying it is quite easy. Just like you buy Bitcoin and other cryptocurrencies, you can buy it by using Crypto Currency Exchange Platform.

Platforms like Coin Switch and Coin DCX are still present in India. With the help of this, you can buy Dogecoin or any coin in a pinch.

Leave a Reply