News

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This week in crypto: Tether Launches Another Fiat-Pegged Stablecoin

 Hassan Maishera

Europe’s Biggest Crypto Exchange Bitstamp Lists Shiba Inu

The coin has been waiting for a prolonged time, as the Bistamp approval process is thorough

 Mark Weaden

Shiba Inu Launches Its SHIB Burn Portal

The Shiba Inu team announced via Twitter on Sunday that it has launched its SHIB burn portal.

 Hassan Maishera

Trade

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PrimeXBT

4.5 based on 3713 votes

FTX

4.44 based on 1467 votes

Bybit

4.41 based on 4379 votes

Spend

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

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Wirex Card

4 based on 709 votes

Crypto.com Visa Card

3.46 based on 650 votes

Binance Card

3.3 based on 332 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

5 based on 2 votes

VPS2DAY.com

4.86 based on 7 votes

Pita Barcelona Watches

4.5 based on 12 votes

Hodl

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

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YouHodler

4 based on 15 votes

Ledger Nano S

3.75 based on 176 votes

SpectroCoin Wallet

3.68 based on 81 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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