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In this review video, I’m going to be teaching you all about Dogecoin, the massive breaking news, the things that you must know, and honestly reviewing Dogecoin.
I’m also going to be giving my own personal price prediction all the way at the end.
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00:00 Will Dogecoin & Memecoins 10X-100X soon?!
01:22 What happened to Dogecoin?
04:00 The biggest chance that Dogecoin has
04:40 Dogecoin chart
05:30 What is Dogecoin?
07:28 What I do not like about Dogecoin
08:51 Join the class & VIP group
09:20 What people are willing to invest in
09:50 My new portfolio
10:36 My Doge prediction
12:47 Join the Millionaires Club
Dogecoin (DOGE) is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Dogecoin differs from Bitcoin’s proof-of-work protocol in several ways, one of which is by using Scrypt technology. The altcoin has also a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined. You can mine Dogecoin either solo, or by joining a mining pool. A Doge miner can mine the digital currency on Windows, Mac or Linux, and with a GPU. As of 2014, you can also mine Litecoin in the same process of mining Dogecoin, as the processes were merged.
Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content
Can you teach an old dog new tricks?
Dogechain, a smart contract enabled Layer-2 for Doge that lets users use Dogecoin to pay gas fees on the network, suggests you can.
It’s hard to overstate the underlying affection that remains for the first uber-successful memecoin, even though it’s easy to find detractors for it. Dogecoin (a fork of Litecoin) has been heavily supported by Elon Musk despite it being initially marketed as simply a joke. It still retains a healthy price relative to the market and remains a top 10 crypto by market cap even during the current bear market.
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