There are certainly more reasons why Dogecoin is so popular. Technically, Dogecoin is actually a faction with Litecoin, which is based on the Scrypt algorithm and, like Litecoin, is easier to trade than Bitcoin, and they have more numbers, with Dogecoin digging up to 100 billion, compared with 21 million bitcoins. Palmer also noted that Dogecoin is not like Bitcoin, where people don't get involved just for the sake of speculation, which is a way of sharing and thanking.
Dogecoin currently accounts for less than 10% of our trading volume;
According to ETHNews, the Dogecoin-Ethereum team recently announced the launch of the alpha version of Dogethereum.
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."
Bitmain Technologies Limited ("Company"), the sole shareholder of Beijing Bitmain Technologies Limited (the "Company's Shareholder"), declares the following.
Cash, Bitcoin SV, Dash, Dogecoin, IOTA, Litecoin, Monero, XRP and Zcash.
Tesla founder Elon Musk tweeted again today, 'Is Dogecoin really an effective form of money?'
Dogecoin jumps 26% on video prices posted by TikTok users
According to the XOXOEX platform, it has opened Dogecoin (DOGE) recharge and withdrawal business, and online DOGE/USDT, DOGE/BTC, DOGE/ETH trading pairs.
He has never admitted that he is a crypto investor, although in the past few months, he has started to frequently post about cryptocurrency on his Twitter. Once, he said that Bitcoin was "very good", and another time, he said that "Ethereum is worth using". He even revealed that Dogecoin may be his favorite currency