Dogecoin Best cryptocurrency - In current market
In the cryptocurrency market, you can find everything, even meme tokens born based on a joke. DOGECOIN is the first meme cryptocurrency that makes history in the decentralized market and that today becomes part of the best-valued tokens.
As the Dogecoin token is branded, DOGE was created by Jackson Palmer and Billy Markus in 2013 as part of a prank. According to the developers, this cryptocurrency would pretend to act like Bitcoin, which by that date was a novelty, and in the end, it ended up being a real protocol. Doge has the image of Shiba Inu than the breed of a Japanese dog.
Dogecoin fame
After its launch in 2013, DOGECOIN had passed almost unnoticed by the virtual market until the richest man in the world, Elon Musk, spoke about cryptocurrency. Since the beginning of 2021, Musk has pointed out that Doge is a great cryptocurrency, and that is why he has invested part of his capital in it. These claims caused thousands of crypto fans to invest their money in Doge, increasing the token's value.
The cryptocurrency meme has gone from ranking 1,000 to climbing to number 11 among the most valued cryptos. Doge's capitalization exceeds $ 23 billion while its value reaches $ 0.1803 today.
Dogecoin Features
The functions of DOGECOIN are simple because it is a cryptocurrency born with a protocol similar to that of Bitcoin. Doge is used as a source of passive investment and to make payments between crypto wallets. Doge transactions are fast because the token is not in great demand.
Dogecoin has inspired some developers to create other cryptocurrencies like Shiba Inu and Coshiu. However, these cryptocurrencies adhere to their protocols, giving Doge a very different value. Although Shiba Inu is the cryptocurrency closest to being capitalized equal to the official token meme, I mean Dogecoin.
Elon Musk's views on Dogecoin have kept the cryptocurrency price soaring, attracting many more people. This millionaire businessman has also talked about Bitcoin, and, as expected, he has interfered for better or for worse in the value of the cryptocurrency.
