Dogecoin, the first dog-themed meme coin, hardly needs an introduction at this point. It registered spectacular gains in 2021. If you want to know the details surrounding Dogecoin, if it’s worth buying, and the top places to buy Dogecoin today, look no farther than this short and highly informative article.
Top places to buy Dogecoin now
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What is Dogecoin?
Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Dogecoin differs from Bitcoin's proof-of-work protocol in several ways, one of which is by using Scrypt technology. The altcoin has also a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined. You can mine Dogecoin either solo, or by joining a mining pool. A Doge miner can mine the digital currency on Windows, Mac or Linux, and with a GPU.
Should I buy Dogecoin today?
It’s extremely difficult, if not impossible to make an accurate price prediction for a cryptocurrency, including Dogecoin. Read at least five predictions from renowned industry experts to make an informed decision and don’t buy more of this volatile currency than you can afford to lose.
Dogecoin price prediction
Crowd Wisdom predicts its price will be in the range of $0.163 and $0.177 in the next few hours. Their technical recommendation for the next few hours is Sell. 3 of the 5 momentum indicators are positive and just one is negative.
Dogecoin on social media
https://twitter.com/WatcherGuru/status/1477755621747437576
