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Dogecoin: The new Crypto in your watch list.



Recently, a crypto currency named Doge shocked the crypto world over  a tweet. This made investors specially the newbie ones sell some of their coins to buy a coin which is according to them is sponsored by the business magnate Elon Musk, the founder of electric car maker Tesla and father of Dogeland.

What Is Dogecoin and How Does It Works?

Dogecoin (DOGE) is a cryptocurrency that is based on the famous Internet meme "doge" and has a Shiba Inu as its logo. The open-source digital currency was forked from Litecoin in December 2013 by Billy Markus of Portland, Oregon, and Jackson Palmer of Sydney, Australia. Dogecoin's developers envisioned it as a lighthearted, enjoyable cryptocurrency that would cater to a wider audience.

How does DOGE Coin used?

Dogecoin is a popular altcoin with a large user base. On the internet, mainstream commercial applications of the currency have gained popularity, such as a tipping scheme in which users tip others for providing interesting or noteworthy material .On online forums like Reddit and Twitter, where users frequently share currency-related information, users trade physical, tangible objects in exchange for DOGE. Dogecoin has also been used in the pornography and poker industries, as well as to try to sell a home.

Platforms that supports Dogecoin are Binance, Kucoin, Houbi, Gate.io,Kraken, Bifinex and many more. For more details about this coin, visit https://dogecoin.com


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