News

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Bitcoin Stays Below $43k as Fed Intends Not to Cut Rates in March

Bitcoin continues to trade below the $43k level as Jerome Powell revealed that the Federal Reserve doesn’t intend to cut interest rates in March.

 Hassan Maishera

Bitcoin Stays Around $43k as ETFs Record Net Inflows

Bitcoin continues to maintain its price above the $43k level as spot Bitcoin ETFs record their first net inflows in more than a week.

 Hassan Maishera

Bitcoin Slips to the $40k Zone as Total Crypto Market Cap Drops to $1.6T

Bitcoin lost more than 2% of its value over the weekend, with altcoins also underperforming, resulting in the total crypto market cap declining to the $1.6 trillion level.

 Hassan Maishera

Trade

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Bybit

N/A
4.36 based on 4531 votes

PrimeXBT

N/A
4.31 based on 2428 votes

Binance

N/A
4.09 based on 2358 votes

Spend

Want to leave your cash at home? These cards support Dogecoin.

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Crypto.com Visa Card

3.46 based on 735 votes

Carte Uphold

3.19 based on 135 votes

Carte Coinbase

3.04 based on 199 votes

Shop

So you've made a little Dogecoin and now you want to spend it? These are the places to do it!

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BC.Game

4.6 based on 5 votes

Pita Barcelona Watches

4.54 based on 13 votes

Cryptoholic Shop

4.4 based on 5 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for Dogecoin.

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YouHodler

3.8 based on 41 votes

Ledger Nano X

3.78 based on 45 votes

Ledger Nano S

3.77 based on 187 votes

Review

Learn more about Dogecoin.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Dogecoin.

Blockchain and cryptocurrencies are pushing the boundaries of what the current financial paradigm regard as “normal”. Many of the projects are stemmed from an aspect or complex of problems they want to change or override. Be it convenience, safety, security or privacy, cryptos have an area of application virtually anywhere. Therein lies the comparative advantage against the current fiscal system that fiat currencies are meant for. Even large corporations, banks, international organizations and governments are now advocating for crypto adoption and claim it to be “the future of money”. So, as alternative cryptocurrencies started emerging after bitcoin, one must make a deep-dive analysis as to which projects are here to stay and which will not.

Dogecoin, for example, started out as a joke, and has been up and down on the top 50 biggest cryptocurrency market caps for the last 3 years. Initially developed by Billy Markus as a fun currency named after the doge of a Shiba Inu, he had no idea that this currency would last in the cryptocurrency scape.

Dogecoin stems from Luckycoin, built on the Litecoin platform. It uses the Scrypt algorithm, to validate a PoW (proof-of-work) mining protocol. There isn’t any real technical use-case for Dogecoin. It is more based on the effect of virality of memes and other internet crazes and gives that “uncapitalized” aspect of the modern internet a currency. Initially, the community dubbed themselves “shibes” and mainly used it for tipping and granting “fun” comments, pictures and projects money. Millions of DOGE circulated for “tipping” in social media outlets like Reddit, Twitter or Imgur.

Many followers gave up on DOGE due to the low value. However, the culture and community can be deemed as resilient. If you are new to the world of virtual currencies, Dogecoin might be a fun thing. But if you are serious and want to invest in this environment for the solutions it offers, best look elsewhere.

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