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The combination of community generosity, PR campaigns and Doge's intrinsic value meant that Dogecoin became very popular in 2014. Before Dogecoin, it seemed that many early adopters were unfamiliar with cryptocurrencies, which provided a new community to guide the value of money without having to provide compelling stories in other currencies. Dogecoin shows that guidance can be successfully narrated with non-technology. Unfortunately, like many Internet phenomena, popularity has not continued and Dogecoin's exchange rate has fallen.
According to reports, Dogecoin (DOGE) is a cryptocurrencies dedicated to the real practical value of money. With faster block intervals and extremely low rates, Dogecoin is better suited for small payments and online shopping. Dogecoin has been used by multiple merchants, allowing consumers to easily transfer money using DOGE.
Fiat's downfall will be adity for two reasons.
Dogecoin is in the payment currency category in the coin app. The industry's current market capitalisation is $132.5 billion, or 85.89 per cent
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Dogecoin features price charts, via TradeView.
A good currency, must have a good cultural background, in the background of tip culture, dog coin as an electronic currency, was born on December 12, 2013, Bitcoin is now relatively high price, so cheaper Dogecoin is popular. Just a week after it went online, it became the second-largest tip currency. They're hoping that Facebook will accept Dogecoin so that your friends can not only like it, but also give you a tip by the way. Palmer also notes that Dogecoin is not like Bitcoin, where people don't get involved for the sake of speculation, a way of expressing sharing and gratitude.
On November 28, 2013, an uninskable Doge joke was posted on Twitter: "Investing in Dogecoin, pretty sure it's the next big thing." Chinese: Invest in Dogecoin, sure to be the next big thing.