Dogecoin, a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, wanted to build a payment system that did not have any of the fees associated with conventional banking. Dogecoin’s logo and the name were inspired by the Shiba Inu dog from the Doge meme. It launched on December 6, 2013, and rapidly grew an online following, reaching a market capitalization of US $70,355,561,773 on April 16, 2021.
Dogecoin news on Twitter has risen the cryptocurrency market next level. The message twitted by the world’s topmost businessman Elon Musk, who is a founder CEO, CTO, and chief designer of SpaceX as well as tesla company, china. He spread the meme on Twitter and caption with doge barking at the moon, referring to the cryptocurrency dogecoin. This is the reason behind taking the value of dogecoin to an all-time high. The original creator of the picture is a 1926 Spanish artist and titled dog barking at the moon, Elon musk changed the title of the artwork tweeted as a meme. Following a cryptic tweet, the Meme cryptocurrency dogecoin reached its highest ever value on Friday.
Dogecoin tends to be one of the social media’s favorite topics, though it has been trending for quite some time, owing largely to Musk’s frequent tweets regarding it. Dogecoin’s value soared 112.89 percent in the 24 hours leading up to Friday morning, according to Coinbase, with the cryptocurrency’s value increasing to $0.29, or about 30 cents. This emerged mere two days after it passed the ten-cent mark on April 14.
Dogecoin has risen by more than 400% in the last week and by more than 5,000% since the beginning of the year. According to the crypto market database CoinGecko, the market value of Dogecoin is now nearly $ 45 billion.
About sharp surge price
Cryptocurrency news site Coindesk reports that “Memcoin” was created in 2013 as a joke mocking the rise of digital currencies such as Bitcoin. According to the website Know Your Meme, Dogecoin was influenced by the famous Doge meme, which features a Shiba Inu staring sideways at the camera with raised eyebrows.
What is the best way to buy Dogecoin?
The most convenient way to purchase Dogecoin is via cryptocurrency exchange platforms. You can buy it on sites like Coinbase, Robinhood, and Kraken, among others. You need to download a cryptocurrency wallet to purchase Dogecoin on these sites. On the official website, you can do so. Faucets — websites that give away limited amounts of free cryptocurrency to tourists — may be a good choice for those who want to purchase Dogecoin in small amounts. On websites, you can receive enormous Dogecoin news by clicking a button and entering a captcha code every 3 hours.
Aside from that, you can mine a Dogecoin. You can process other Dogecoin payments at https://www.webull.com/quote/ccc-dogeusd and receive these coins as payments if you are an experienced user with a powerful pc setup.