The Dogecoin community is responsible for the creation of the Dogecoin Foundation, a non-profit organization that promotes the use of Dogecoin through goodwill and charitable activities. These activities included a $30,000 DOGE donation to the Jamaican bobsleigh team at the 2014 Winter Olympics and an additional $30,000 to Kenya's Clean Water Initiative.
Dogecoin Drops After Elon Musk’s SNL Appearance. It’s a Reminder to Sell the News.’
Guo Rui, taking drops as an example, explains the many differences between drops in traditional mode and drops in blockchain mode (D-drops).
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On the afternoon of April 17th, BTC100, a domestic bitcoin trading platform, launched the "Charge Dogecoin, Win iPhone 5S Tuhaojin" campaign to celebrate the online Dogecoin (Dog Coin) on the platform.
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Dogecoin had a great weekend with the help of Elon Musk.
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According to data from the Huobi trading platform, the latest transaction price of BTC is 8159.76 US dollars, the highest price is 8325 US dollars, the lowest price is 8091 US dollars, the trading volume is 22,600, a decrease of 0.32%; the latest ETH transaction price is US$178.99, the highest price is US$185, and the lowest price is 177.29 US dollars. US dollars, with a trading volume of 443,600, a decrease of 0.04%; the latest transaction price of EOS was US$3.1387, the highest price was US$3.2544, and the lowest price was US$3.108. The trading volume was 10.2326,000, a decrease of 0.29%.
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Over the past two days, hackers have hacked Elon Musk's Twitter feed and posted scams involving Bitcoin. The account is now back to normal, and when a Twitter fan asked him "Where's my bitcoin," Elon Musk quipped, "Excuse me, I only sell Dogecoin." Minutes after his comments, he posted a picture on Twitter showing a "Dogecoin Standard" sandstorm sweeping through a city labeled the "global financial system." (NewsBTC)
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In addition to supporting social welfare and philanthropy, Jackson believes Dogecoin can be used on the Internet as a "sweet spot" to thank others. In the beginning, though, Dogecoin was born out of a joke.
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Let's start with dog money DOGE as an example. Suppose the initial exchange CZZ ratio is 25, i.e. 25 DOGEs for a CZZ. After a cumulative redemption of 12.5 million, the exchange rate increased to 26, then to 12.5 million, to 27, and so on. BTC, ETH, BCH are all similar, the chain published an initial ratio, and then accumulated exchange rate after more than a certain amount, the exchange rate rose once. So what is the basis for the rise in the CZZ exchange rate? This requires CZZ to be replaced with an off-chain asset and CZZ tokens to be destroyed. For example, if the exchange rate is 27, the user can destroy 100 CZZ (transfer to the public key is 0000000...). 000 address), 27,000 DOGEs are available from the beacon provider. If the lighthouse provider fails to complete and broadcast the trading hash to CZZ within the specified block height, the CZZ miner will deduct his staking in a special consensus manner, partly to compensate for the loss of the user, and an additional portion as a penalty (transfer to the public key for 0000000...). 000 address)
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Due to the wild spread of a Dogecoin challenge video on the short video platform TikTok, the price of Dogecoin increased by 50% within 24 hours. As of press time, its price is $0.042, since October 2018 The highest price. In this regard, Dogecoin Twitter warned traders not to engage in speculative activities. Dogecoin said, "Please make the right choice and don't be influenced or manipulated by others' FOMO. Be safe. Be smart."