dogecoin

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DOGECOIN

Dogecoin is an open source peer-to-peer digital currency, favored by Shiba Inus worldwide.

START USING DOGECOIN TODAY:

What is Dogecoin?

Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as „the internet currency.“

Get Started Now | Learn More

What’s with Dogecoin and the dog?

„Doge“ is our fun, friendly mascot! The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and it represents Dogecoin.

Learn more about Doge | Shiba Inu

The fun and friendly internet currency.

Dogecoin sets itself apart from other digital currencies with an amazing, vibrant community made up of friendly folks just like you.

Reddit Community

How to get started with Dogecoin.

Setting up a Dogecoin wallet is as easy as 1, 2, 3. Seriously! Check out our Getting Started guide below.

Get Started Now

Once you’re done, join in on the fun as part of our growing community!
We’re a helpful bunch of people and we’ll answer any questions that you throw at us!

Reddit Community

So what are you waiting for? Start using Dogecoin today!

Getting Started.

Learn how to use Dogecoin.

Community.

Participate in the community.

Get Dogecoin.

Find out how to get Dogecoin.

Stores.

Buy with Dogecoin.
Created by Jackson Palmer & Shibetoshi Nakamoto. Website Design by /u/PowerLemons. Logo by Christine Ricks.
© The Ðogecoin Project

CHOOSE AN ONLINE WALLET:

Online wallets are the quickest and easiest way to use Dogecoin, but lack the security of storing your wallet on your local computer.

We recommend you only store a small amount of Dogecoin in an online wallet at any time.
There are several browser-based wallets available to choose from:

Note: These online wallets are not owned or maintained by Dogecoin. While we think the entities behind them are trustworthy – please use at your own risk.

LEARN MORE:

Dogecoin is a fun, new and rapidly growing form of digital currency.
This form of digital currency is called „cryptocurrency“; a type of digital currency.
Cryptocurrency is completely anonymous, decentralized, and extremely secure.

Dogecoin is used with a wallet on your computer, your smartphone, or a website.
You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars).

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One of the most popular uses for Dogecoin is „tipping“ fellow internet-goers who create or share great content. Think of it as a more meaningful „like“ or upvote, with real value that can be used all across the internet.

It is very easy to start using Dogecoin.

  • Step 1: Get A Wallet.
  • Step 2: Get Some Dogecoin.
  • Step 3: Use Your Dogecoin.
  • Step 4: Stay Up-to-Date.
More information in the guide below.
Getting Started Guide

COMMUNITY:

Get involved with Dogecoin!

Participate in our Reddit community, chat on our IRC (Internet Chat) channel, or have fun on our forums.

  • Reddit Community – The Main Hotspot of the Dogecoin Community.
  • #dogecoin IRC – Dogecoin-based Internet Chat.
We are friendly, and we will be happy to answer any Dogecoin-related questions.
Try us, we promise we won’t bite!

GET DOGECOIN:

There are numerous amounts of ways to get Dogecoin. You can buy them, trade for them, get tipped, „mine“ them, and more. They are surprisingly endless!

You can get tipped Dogecoin by participating in our community. If that’s not your style, the easiest way to have your first Dogecoin is to get them from a faucet.

A Faucet is a website which gives you a small amount of Dogecoin for free to introduce you to the currency! All you need is your Dogecoin address.

Here are a couple Dogecoin faucets:

  • Dogefaucet.com – Enter your address to get some free Dogecoin.
  • InDogeWeTrust.com – Same as Dogefaucet.

You can also buy them or exchange for them with regular money. This is an easy way to get Dogecoin.

Here are some trusted Dogecoin exchanges:

You can also get Dogecoin by „mining“ it. Mining is when you use your computer to process Dogecoin transactions by other people, and in return you get Dogecoin.

Mining is intended for advanced users only, as it requires a lot of technical knowledge to do. If you are interested, read more here.

Note: These online faucets and exchanges are not owned or maintained by Dogecoin. While we are satisfied they are trustworthy, reliable services – please use at your own risk.

STORES:

You can shop for goods online with Dogecoin.

Dogecoin is safe during checkout, because you don’t put down any sensitive bank information! Just send your Dogecoin to the address specified by the merchant, and then you’ll have your item processed and ready for delivery in an instant!

Here are some businesses that accept Dogecoin:

Dogecoin

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WHAT IS DOGECOIN?

Dogecoin is a fun, new and rapidly growing form of digital currency. This form of digital currency is called „cryptocurrency“; a type of digital currency. Cryptocurrency is completely anonymous, decentralized, and extremely secure.

Who created Dogecoin?

Dogecoin was created by programmer Billy Markus from Portland, Oregon and Jackson Palmer from Australia.

Is this like Bitcoin?

Yes it is but it is coded as a branch of the Litecoin family of digital cryptographic currency, it improves upon Bitcoin. The Coinpursuit site explains in more detail:
SHA-256 and Scrypt are the two most common algorithm systems used by cryptocurrency miners in order to authenticate blocks of transaction data. The system used, unfortunately, is not up to the miners; it’s set by the developers of a given type of currency. When you go to cryptocurrency discussion boards and forums, you’ll find there’s a vigorous debate between the two algorithms. We’ll look at the two types, and the arguments being made for and against them.

Before jumping into that, however, let’s talk hash in a little more detail. The term refers to complex mathematical computations that are required in order for successful mining to take place, and you’ll often see „hash rates“ listed along with hardware created for digital currency mining. The higher the hash rate required for successful mining, the longer and more difficult the process will be for miners; this is expressed as the „hash difficulty“ of a given type of currency. Here are some of the hash rate abbreviations you’ll see, and what they mean:

  • KH/s: Kilohashes per second, or one thousand hash computations per second
  • MH/s: Megahashes per second, or one million hash computations per second
  • GH/s: Gigahashes per second, or one billion hash computations per second
  • TH/s: Terrahashes per second, or one trillion hash computations per second
  • PH/s: Petahashes per second, or one quadrillion hash computations per second

When you start counting in the quadrillions (that’s a one followed by fifteen zeroes, or 1,000,000,000,000,000), you’re talking about almost incomprehensible numbers-and that many computations will take some serious machinery, well beyond the capability of desktop and laptop computers. Generally speaking, once the hash difficulty is up in the GH/s territory or higher, the energy, time and resource dedication required can become prohibitive for many individual miners. As a result, they’ll need to consider either application-specific integrated circuits (ASICs), which are chips and dedicated units that exist solely for mining purposes and can be attached to existing computers, or separate high-power mining machines altogether.

As hash difficulty increases, so do the hash rates required in order to successfully mine coins. This highlights the main difference between the SHA-256 and Scrypt cryptocurrency mining algorithms.

SHA-256 is the more complex of the two, and it’s used by Bitcoin and most of the currencies based upon its code. Data block processing with SHA-256 tends to be slower-transaction turnaround times, as a result, are measured in minutes as opposed to seconds-but it’s argued that it’s also more thorough and leaves less room for error. Its advocates also say it’s better for overall data security. Successful mining of coins using SHA-256 often requires hash rates at the gigahashes per second (GH/s) range or higher; this means it’s generally more difficult for individual miners to use; those who do often employ an ASIC or some other separate computing device set up to perform only mining tasks. Since some miners can’t devote a machine-or at least an ASIC-to the task of mining, they often join mining pools (we’ll discuss those in the next section).

Scrypt is the quicker and more simple algorithm of the two, and as new digital currencies are being introduced, more of them are favoring it over SHA-256. Scrypt is much easier to run on an already-existing CPU, and tends to use up less energy than using SHA-256; as a result, it’s favored by most individual miners. In comparison to SHA-256, Scrypt’s hash rates for successful coin mining generally range in the kilohashes per second (KH/s) or megahashes per second (MH/s) areas of difficulty, which can be achieved with regular computers without the need of ASICs or other hardware. Some argue this simpler system is more susceptible to security issues, since fast transaction turnaround times can mean the system is taking a less thorough look at the data. Its advocates point out, however, that hasn’t as of yet presented a real-world problem.

Over time, hash difficulties for the more popular currencies that use the SHA-256 mining algorithm-such as Bitcoin-are expected to rise; this may very well restrict the mining of such currencies to mining pools or individual miners who can devote hardware, energy and time to the process. As as result, it’s expected that digital currencies which use Scrypt will see a comparable rise in popularity, based upon the ease of mining alone.

How can I buy Dogecoins?

The most efficient way to buy Dogecoin is on a Dogecoin market, similar to a stock market. You can watch the current buy and sell orders as time goes on and study the charts. More information about markets can be found further on in this guide. Examples of Dogecoin markets include:

  • Cryptsy ( cryptsy.com )
  • Kraken ( kraken.com )
  • BTER ( bter.com )

A more convenient way to buy Dogecoin is to use a debit or credit card, or an online service such as Paypal or Google Wallet. If you use one of these methods, the price will be marked up a bit from the market price, but the convenience is often worth it. Be smart, and only work with reputable sellers! Examples of sites to buy Dogecoin with credit/debit/online wallets:

  • WeSellDoges ( weselldoges.com )
  • LocalDogecoin ( localdogecoin.com )
  • The Dogecoin market subreddit ( reddit.com/r/dogemarket )

NOTE: For some of the sites listed on this page, you may have to verify your identity first for legal purposes, so make sure you follow all of the site’s rules and regulations.

How do I store my Dogecoins safely?

Offline wallets are by far the safest way to keep your currency. With digital currency, no one controls your money except yourself. Download the official software and store your Dogecoin safely and securely.

After downloading the wallet of your choice, make sure you back up your files on a USB drive or external hard drive. After you back it up, never delete the wallet.dat file!

The Dogecoin official wallet is available in two formats: Core, and Lite. The only difference between the two is that the core wallet downloads the entire record of all transactions made between Dogecoin wallets, and the lite wallet only downloads the most recent part of the record. Visit dogecoin.com for directions to download.

Platforms available to host a wallet:

You can also store your coin in online wallets for ease and quick access. It is an option, and sometimes a trusted option, but you no longer hold the safety of your coins in your own hands. Be as safe as you can!

NOTE: Make sure that you are using the most recent version of the Dogecoin wallet software. You can find announcements of new versions at reddit.com/r/dogecoin .

Dogecoin is used with a wallet on your computer, your smartphone, or a website. You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars).

One of the most popular uses for Dogecoin is „tipping“ fellow internet-goers who create or share great content. Think of it as a more meaningful „like“ or upvote, with real value that can be used all across the internet.

How to get started with Dogecoin?

It is very easy to start using Dogecoin.

  • Step 1: Get A Wallet.
  • Step 2: Get Some Dogecoin.
  • Step 3: Use Your Dogecoin.
  • Step 4: Stay Up-to-Date.

Get Started Now

What’s with Dogecoin and the dog?

„Doge“ is our fun, friendly mascot! The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and represents Dogecoin.

Learn more about Doge
Doge is a slang term for „dog“ that is primarily associated with pictures of Shiba Inus (nicknamed „Shibe“) and internal monologue captions on Tumblr. These photos may be photoshopped to change the dog’s face or captioned with interior monologues in Comic Sans font.

Origin
The use of the misspelled word „doge“ to refer to a dog dates back to June 24th, 2005, when it was mentioned in an episode of Homestar Runner’s puppet show. In the episode titled „Biz Cas Fri 1″[2], Homestar calls Strong Bad his „d-o-g-e“ while trying to distract him from his work.

Identity
On February 23rd, 2020, Japanese kindergarten teacher Atsuko Sato posted several photos of her rescue-adopted Shiba Inu dog Kabosu to her personal blog.[38] Among the photos included a peculiar shot of Kabosu sitting on a couch while glaring sideways at the camera with raised eyebrows (shown below, right).

In December 2020, shortly after the breakout of „Doge,“ the tech news site The Verge[39] published an article identifying Sato’s Kabosu as the original Shiba Inu depicted in the meme. In addition to Kabosu, The Verge also identified „Suki,“ a Shiba Inu who lives with San Francisco-based photographer Jonathan Fleming, as the scarfed dog portrayed in another popular instance of the meme.

In December 2020, the term „doge“ appeared on Reddit in a post submitted to /r/DogsIWannaHug.[6] The same month, an interior monologue captioned photo of a Schnauzer was submitted to Cheezburger[5] with the title „Schnauze.“ On January 8th, 2020, the subreddit /r/Doge[7] was created, sharing photos and videos of the captioned Shiba Inus. In May, /r/dailydoge[9] was created to share one dog photo a day, captioned or not. Another single topic blog, shibe-doge[12], launched in July 2020 dedicated to sharing Shiba Inu photos. On July 29th, 2020, a doge thread[19] was sticky-featured to the top of the 4chan board /s4s/ (Shit 4chan Says), garnering more than 600 replies.

On November 20, 2020, Youtube implemented an Easter egg, that changes the text to be colored and in Comic Sans, much like the original internal-monologue style captions, when user searches the phrase „doge meme“.

Which places accept Dogecoin?

Plenty of places accept Dogecoin as payment. If you find one that doesn’t, check out eGifter to buy an in-store gift card with Dogecoin!

Examples of business sites that accept Dogecoin:

  • eGifter ( egifter.com )
  • Suchlist ( suchlist.com )
  • Stuffcoins ( stuffcoins.com )
  • TheCryptoDepot ( thecryptodepot.com )
  • The Dogecoin market subreddit ( reddit.com/r/dogemarket )
  • The Dogecoin business subreddit ( reddit.com/r/dogecoinbusiness )
  • Pex Peppers ( pexpeppers.com )
  • Meltdown Comics ( meltdowncomics.com )
  • BitElectronics ( bitelectronics.net )
  • Nola Vape ( nolavape.com )
  • Woodwallets ( woodwallets.io )
  • PokerShibes ( pokershibes.com )
  • Onarbor ( onabor.com )
  • Experiment ( experiment.com )
  • Element 7 ( element7style.com )
  • Pacha ( pachacacao.com )
  • Salts Worldwide ( saltsworldwide.com )

The full directory for businesses that accept Dogecoin can be found here: reddit.com/r/dogecoin/wiki/shop_with_dogecoin

How can I send and receive Dogecoins?

Sending Dogecoin is incredibly easy. That’s one of the largest benefits of digital currency. It costs a fraction of a cent and sends in minutes.

Every Dogecoin wallet contains one or more „addresses.“ An address is simply a code that can be used to indicate where Dogecoin is to be sent. An address is represented as a long string of characters beginning with the letter D. The letter D is included in the address.

The Dogecoin blockchain, or „Dogechain,“ is a public record of all transactions made between Dogecoin wallets. Explore the Dogecoin blockchain at Dogechain.info.

When receiving Dogecoin, all the user has to do is provide his or her public address. Other users can then send money to the address and the blockchain will confirm the transaction.

There are two simple ways to send Dogecoin from one wallet to another:

  1. Copy and paste the desired receiving address in your wallet’s „send“ menu.
  2. Type in the desired amount of Dogecoins to send.
  3. Complete the transaction by sending the Dogecoins.
  1. Scan a QR code representing the desired receiving address using your smartphone’s wallet.
  2. Type in the desired amount of Dogecoins to send.
  3. Complete the transaction by sending the Dogecoins.

How can I tip Dogecoins?

To send and receive Dogecoin via Twitter, Facebook, and Reddit, you need to make an account with each „tip bot.“ This account will keep track of your coins, and send them to another user if desired.

To begin:

  1. Send /u/dogetipbot a private message
  2. Type +register and send.

Or to accept a tip for the first time:

  1. Send /u/dogetipbot a private message
  2. Type +accept and send.

Visit reddit.com/r/dogetipbot for questions.

To begin:

  1. Go to tipdoge.info
  2. Log in with your Twitter account

Facebook (Doge Tip App)

To begin:

  1. Search „The Dogecoin Tipping App“ on Facebook
  2. Connect with Facebook

Facebook tips will fail and will not be logged under the following circumstances:

  • You’ve specified in your settings that you don’t want to be tagged by others.
  • You’re tipping Dogecoins to someone who has specified that he/she does not want to be tagged.

What is the value of Dogecoin?

When learning about Dogecoin, it is important to keep in mind that Dogecoin has a real-world value. It’s not just some sort of arbitrary points system; Dogecoin can be bought and sold for your country’s currency or better yet, exchanged for goods and services!

There are two main ways in which Dogecoin’s value is communicated: Relative to Bitcoin, and relative to fiat money (a government-backed currency such as USD).

Relative to Bitcoin
Giving Dogecoin a value in terms of Bitcoin is the most popular method of talking about price changes and such. Bitcoin is chosen because it is currently the most successful digital currency both in value and acceptance. Because one Dogecoin has such a small value compared to one Bitcoin, the value is expressed in terms of „Satoshi,“ which is defined as 0.00000001 Bitcoin.

Relative to fiat money
Talking about Dogecoin’s value in terms of the U.S. Dollar or another fiat currency eliminates the problem that arises when when, for example, Bitcoins value goes up. This causes the value of Dogecoin to appear to go down when in fact it may be staying constant relative to fiat money.

In addition to the value of one Dogecoin, the value of the currency as a whole can be shown by its market capitalization, which shows the total value of all the currency in circulation. This can be used to show how much was lost or gained by investors in total following a price fluctuation.

Why does the price of Dogecoin fluctuate?

As do all other buyable and sellable goods, Dogecoin has a price that fluctuates based on the supply and demand of the coin. These fluctuations make it possible to treat Dogecoin as an investment for future gain.

Understanding Supply
Supply is the amount of a good that producers are willing and able to sell across different prices.

Understanding Demand
Demand is the amount of a good that consumers are willing and able to buy across different prices.

Influences on Supply: Number of suppliers, expectations of future profit, technology, price of other goods, and intervention from the government

Influences on Demand: Number of consumers, expectations of future price changes, tastes and preferences, price of other goods, and consumer income

Relating economic principles to Dogecoin
Dogecoin follows the same principles as do other goods and services. It has suppliers (those whosell Dogecoin) and consumers (those who buy it). Changes in the supply and demand of Dogecoin affect the trade volume of Dogecoin and the price at which Dogecoin is traded. Let’s take a look at a few examples:

  • A new cryptocoin is created that is known to be very profitable. Crypto sellers decide to stop selling Dogecoin in favor of the other cryptocoin, decreasing the supply of Dogecoin. As a result, the price of Dogecoin increases, but the trade volume drops.
  • A charity drive from the Dogecoin subreddit makes it onto national news and encourages people to start buying cryptocoins, including Dogecoin. The number of consumers increases dramatically, increasing the demand for Dogecoin. As a result, both the price and trade volume of Dogecoin increase.
  • Someone makes national news by being the first ever person to become a millionaire through sales of Dogecoin. Other suppliers take note and decide to start selling more Dogecoin as well, increasing the supply of Dogecoin. As a result, the trade volume of Dogecoin increases, but the price drops.
  • It is revealed on national news that Dogecoin is used in black market sales of illegal drugs. People’s tastes in cryptocoins shift away from Dogecoin, decreasing demand. As a result, both the price and trade volume of Dogecoin drop.

What if I have more questions about Dogecoin?

Dogecoin Price Prediction 2020 | 2025 | 2030: Future Forecast for DOGE

In this forecast, we will put out our own and market’s opinion (both from popular algorithms and experts) on Dogecoin future while discussing Dogecoin price forecast for 2020 and beyond.

Now, let’s delve deep into the Dogecoin price prediction and answer questions if Dogecoin is a good investment or not, why will Dogecoin succeed or fail or while will Dogecoin price rise or drop, let’s quickly do a review on Dogecoin and its to date history.

CaptainAltcoin’s DOGE Price Prediction for 2020

Dogecoin is currently out of the top 30 coins in the cryptocurrency market ranked by market cap. Even though market capitalization has been proven time and again, as a lacking measurement for a coin’s success, it is still the benchmark when it comes to cryptocurrencies.

Dogecoin, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, Dogecoin can hope for one as well.

With the latest development in the world and the impending worldwide economic crash, bitcoin failed to decouple itself from traditional markets and lost 40% in one day.

The rest of the market slumped in an even harsher fashion, losing 50%+ in one day. Since this is a black swan event, an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences, there is no one who can legitimately claim that he or his algorithm can predict short-term price developments for anything, let alone cryptocurrencies.

Many experts agree that it will get worse before it gets better, both in terms of human health and economic situation.

We can only speak in very general terms and make a forecast that cryptocurrencies will probably drop below even the 2020 lows (many of the altcoins will most probably dip to unprecedented depths and record new all time lows).

Once this tough situation passes, a crazy bull run is what we all hope for and probability for such development is pretty high.

What all of this aims to convey is, Dogecoin price is highly dependent on bitcoin price action. Individual price analysis for a particular coin makes sense only in a narrow set of circumstances. Technical analysis is even more lacking for a long-term forecast of a coin’s future.

The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market.

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Vitalik Buterin, co-founder of Ethereum said:

“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”

Dogecoin Projections 2020 – 2025

As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will DOGE be among those 5%?

If we are honest, there is not much going on for Doge aside of this welcoming and ardent community. It is unreasonable to expect a long-term Dogecoin survival if that is the only hinge for the project.

Dogecoin is slowly dropping below the market cap positions it was in 2020, with no particular interest and real world use cases in sight, aside of sporadic utility in charity tipping. But Dogecoin communities is always a nice place for a good laugh – it is a meme kingdom of cryptocurrency world.

Dogecoin (Doge) Price Predictions by Market and Experts

#1 WalletInvestor Dogecoin Price Prediction
By the end of 2020, Dogecoin may certainly reach $0.00263 according to the algorithm from walletinvestor.com that does automatic technical analysis on all coins on the market.

#2 CoinPredictor.io Dogecoin Price Prediction
Another relatively popular site for price predictions forecasts that in December Doge price will be around $0.00026.

Dogecoin Price Prediction 2025

According to some crypto prediction algos, in a 5-year span, Dogecoin is expected to reach $0.04 mark. Dogecoin price prediction by Coinswitch implies that the Dogecoin price is up for a long-term gain and in 2025, the Dogecoin price is forecasted to stand at around $ 0.044.

Dogecoin Price Prediction 2030

Even though this is a Dogecoin prediction article, making a Dogecoin forecast for 2030 is a ridiculous thing to do. There is no price chart or price analysis that can make a reliable Dogecoin projection for such distant future. If it lives long enough to see 2030, though, Dogecoin might actually be a very sought after commodity.

Dogecoin Price Prediction 2040

2040 is two decades away, making a Doge price prediction even more preposterous and senseless task. For fun, let’s say future price of Doge will be $2.

Why will Dogecoin succeed?

Reasons for Dogecoin to go up and rise in price are scarce. It is still one of the favorite jokes around, even Elon Musk joins the fun occasionally but we simply do not see the grounds for Doge long-term success. Its use case is already taken up by bitcoin and other more serious projects. Dogecoin could hybernate its way into the future as a sentimental value that early adopters keep cherishing and using for meme and joke purposes.

Why will Dogecoin fail?

The biggest threat to Dogecoin is one of their biggest advantages: their use case. This is a joke coin – never meant to stay alive this long, nor to reach these market caps and market exposure. Eventually, the joke will stop being funny and the project will get delisted and effectively killed by the exchanges.

Will Dogecoin ever reach $1?

Every option is a possibility but with different probability of happening. Should bitcoin enter a bull run similar to the one from 2020, Doge price prediction will look much brighter as price of Dogecoin can surely climb up to its previous all time high, but reaching $1 is a holders pipedream and borderline fantasy.

So, quick answer to the question will Dogecoin hit $1 is a BIG NO.

Is Doge dead?

No, judging by the team activity on social media, github, their own website. Their communities on Reddit and Telegram are also active, although much lower engagement levels are noticeable when compared to 2020. Coin is also still listed on all major exchanges which indicates that Dogecoin is far from a dead project.

No. If Doge was to reach $10, bitcoin would have to be at $1 million per coin (assuming that their value ratio stays the same, very unlikely).

Yes, Dogecoin is a PoW coin that can be mined with the so called merged-mining techniques.

Speculation. Speculators are still majority in the crypto markets and they don’t care what they buy as long as they think it will bring them money.

Depends on the definition of the moon. If we are honest, Dogecoin had its zenit and it is all downhill from now on.

Considering Doge has a huge supply and no real world use, its upside potential is limited by pure market speculation and forces it can produce. If the overall crypto market rockets into another mania, Dogecoin could beat all the odds and reach insane heights. But that is not likely to happen any time soon.

Dogecoin can’t be killed

Ever since its founder Jackon Palmer departed the community in 2020, the development has waned and prophecies about imminent Dogecoin death started floating around. However, as one of the Doge developers told CoinDesk back in 2020, it is pretty hard to “kill a cryptocurrency”.

“Cryptocurrencies are “a bit zombie-like”, Nicoll said. “It’s very, very hard to kill a cryptocurrency.”

Some might call a valueless cryptocurrency ‘dead’, but that would be missing any educational or entertainment value the token might provide. For instance, Nicoll said even after the 2020 fork, shibes were moving the old version of the coin around for about five or six months.

“It was a functional currency, but you couldn’t use it at shops or on exchanges. We don’t know why they were doing it, but they were having a whale of a time,” he said.

But how do you really kill it? The proverbial headshot for a ‘zombie coin’, according to Nicoll, would require removing the original code from GitHub, making it exceedingly hard to recreate it since very few people keep copies of source code material. Yet the nature of open-source software means that, in that rare instance, copies of the code could still be floating out there somewhere on the internet.”

Use cases emerging

Biggest ace in the sleeve for Doge future is its current most frequent application as a tipping currency. With websites like Litebit, Anycoin, Suchlist, keys4coins, dogegifts, clockworkcrypto and an official Reddit tip bot (there is talk of a Telegram tip bot as well), more and more ways of spending your DOGE are popping up by the day.

Dogecoin is very much in line with the United States’ “tip culture”, and with the rise of reward culture on the Internet in the world, Dogecoin will also be widely used. Compared to expensive Bitcoin, the threshold for Dogecoin is even lower, and it’s much cuter. Dogecoin could become the most popular “tip cryptocurrency” in the U.S. Internet.

Despite the bear beating the Doge during this extended period of crypto slaughter, 1 Doge is still worth 1 Doge and much wow is not going anywhere!

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