-1.59% Bitcoin (BTC) 29522.98 USDC
-1.33% Bitcoin (BTC) 28391.3 EUR
-3.09% Ethereum (ETH) 1924.36 EUR
-1.81% Litecoin (LTC) 63.67 EUR
-3.05% B-Cash (BCH) 190.11 EUR
-1.59% Ethereum (ETH) 0.06781 BTC
-0.66% Litecoin (LTC) 0.002246 BTC
-1.31% B-Cash (BCH) 0.00671 BTC
+0.01% USD Coin (USDC) 0.96 EUR
-1.51% Bitcoin (BTC) 29543.9 USDT
+0.01% Tether (USDT) 0.96 EUR
-4.52% Chainlink (LINK) 6.99 EUR
-2.87% Chainlink (LINK) 0.00024663 BTC
-2.43% Dogecoin (DOGE) 0.08 EUR
-1.01% Dogecoin (DOGE) 0.00000294 BTC
-4.50% Uniswap (UNI) 4.79 EUR
-3.31% Uniswap (UNI) 0.0001689 BTC
+0.73% Cardano (ADA) 0.53 EUR
+2.11% Cardano (ADA) 0.00001884 BTC
-0.82% Tron (TRX) 0.06 EUR
0.00% Tron (TRX) 0.00000228 BTC
-2.54% Shiba Inu (SHIB) 0 EUR
-0.05% Zcash (ZEC) 99.33 EUR
+0.85% Zcash (ZEC) 0.00351 BTC
-1.40% Basic Attention Token (BAT) 0.00001333 BTC

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.