News

All the latest news about Dogecoin

See all news

Bitcoin Slips Below $70k as Market Slightly Retraces

Bitcoin has dropped below $70k after rallying by 5% earlier this week, with the broader crypto market undergoing a retracement.

Bitcoin Tops $71k as Altcoins Soar Higher

Bitcoin is trading above $71k once again after adding 6% to its value in the last 24 hours, with altcoins also rallying higher.

 Hassan Maishera

Bitcoin Trades Above $62k Ahead of This Week’s PPI and CPI Data Release

Bitcoin is trading above $62k per coin but could be affected by the PPI and CPI data release on Tuesday and Wednesday respectively, as they indicate the current inflation status.

 Hassan Maishera

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading Dogecoin

See all exchanges

Bybit

N/A
4.36 based on 4561 votes

PrimeXBT

N/A
4.31 based on 2436 votes

Binance

N/A
4.1 based on 2378 votes

Spend

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

See all cards

Crypto.com Visa Card

3.46 based on 755 votes

Uphold

3.2 based on 137 votes

Coinbase Card

3.05 based on 203 votes

Shop

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

See all merchants

BC.Game

4.6 based on 5 votes

Pita Barcelona Watches

4.57 based on 14 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.

See all wallets

YouHodler

3.89 based on 44 votes

Ledger Nano X

3.83 based on 47 votes

Ledger Nano S

3.77 based on 188 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.

***