Dogecoin – Time To Buy Crypto

Is it a good time to buy Dogecoin right now?

Current Price: $0.09

Average Daily Volume

Dogecoin is currently ranked number 9 worldwide with a daily trading volume of $623,302,035.00, which it will make it super easy for you to sell your holdings of Dogecoin.

Rating: 5/5

Market Cap

Dogecoin has a total market cap of $12,495,852,464.00.

Rating: 5/5

Community

Dogecoin has 4,201,415 total followers in all its social media accounts.

Rating: 5/5

All Time High

Dogecoin is currently -87.64% from its highest price $0.73 on 2021-05-08.

Rating: 5/5

Price Potential

The Dogecoin price has the potential to increase to $3.71 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Dogecoin right now.

Overall rating: 5/5

How to buy Dogecoin today?

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What Is Dogecoin?

Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.

Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.

The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional.

To purchase Dogecoin, it involves downloading a crypto wallet, setting up a crypto exchange account and then trading away for your desired crypto currency. Once we have set up an account with a DOGE currency exchange and deposited some funds, you are ready to start trading.

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