-2.62% Bitcoin (BTC) 23105.66 EUR
-1.97% Ethereum (ETH) 1824.06 EUR
-0.96% Litecoin (LTC) 59.99 EUR
-1.68% B-Cash (BCH) 133.27 EUR
+0.50% Ethereum (ETH) 0.0796991 BTC
+1.64% Litecoin (LTC) 0.00262297 BTC
+0.87% B-Cash (BCH) 0.0058277 BTC
-2.38% Bitcoin (BTC) 23522.5061 USDC
-0.15% USD Coin (USDC) 0.99 EUR
-2.42% Bitcoin (BTC) 23513.507 USDT
-0.14% Tether (USDT) 0.99 EUR
-4.71% Chainlink (LINK) 8.05 EUR
-2.18% Chainlink (LINK) 0.00035203 BTC
-3.68% Dogecoin (DOGE) 0.08 EUR
-0.83% Dogecoin (DOGE) 0.00000355 BTC
-2.92% Uniswap (UNI) 8 EUR
-0.43% Uniswap (UNI) 0.00034956 BTC
-4.26% Cardano (ADA) 0.53 EUR
-1.64% Cardano (ADA) 0.00002333 BTC
-1.03% Tron (TRX) 0.06 EUR
+1.70% Tron (TRX) 0.00000299 BTC
-4.55% Shiba Inu (SHIB) 0 EUR
-2.00% Zcash (ZEC) 74.1 EUR
+0.62% Zcash (ZEC) 0.0032421 BTC
-1.16% Basic Attention Token (BAT) 0.00001791 BTC
+2.13% TradeFlow (TFLOW) 0.06522403 BUSD

Dogecoin (DOGE)

What is Dogecoin?

 

Dogecoin (DOGE) is an open-source cryptocurrency. Created as a joke of a meme with the image of a Shiba Inu dog on its logo, Dogecoin was launched for the first time in December 2013.

It is rapidly gaining popularity due to its remarkable features. Dogecoin uses a scrypt algorithm, containing its low price and unlimited supply. Interestingly, this coin was built to spread goodwill and fun throughout the crypto community.

 

The open-source protocol is a fork of the luckycoin blockchain, which means that the original dogecoin developers created a copy of the luckycoin source code and modified that source code according to their own preferences. Luckycoin is a fork of litecoin, which is itself a fork of bitcoin.

 

How does Dogecoin work?

 

Much of Dogecoin’s coding is a direct copy of Bitcoin's. Billy Marcus (one of the founders of the coin) said that he used the combination "ctrl + f" to scroll through the Bitcoin code and thus replaced all Bitcoin cases with Dogecoin. He also changed the term “mining” to “digging”.

 

Like bitcoin, dogecoin is а decentralized peer-to-peer, open-source network that utilizes a proof-of-work consensus algorithm. The network relies on miners for two actions:  to secure the network from malicious users and to validate transactions. Unlike bitcoin, dogecoin uses the scrypt mining algorithm, which has lower hash-rates and uses less energy than bitcoin’s SHA-256 mining algorithm.

 

Benefits of Dogecoin

 

  • faster confirmation times
  • lower transaction fees
  • lower value which helps in tipping and gaming currency
  • friendly community
  • devoted community

 

How to buy Dogecoin?

 

  1. Create an account
  2. Verify your identity
  3. Fund your account and start trading Dogecoin on X1

 

What to do after buying Dogecoin?

 

  • Store/Hold Dоgecoin

You can safely store your DOGE in your account or your crypto wallet. If you seek to make a major investment in DOGE a hardware wallet is the best option.

  • Trade Dogecoin

You can trade DOGE for other cryptocurrencies.

  • Send Dogecoin

You can send it to anyone and anywhere with their DOGE address.