-0.57% Bitcoin (BTC) 16247.56 EUR
-2.53% Ethereum (ETH) 1207.31 EUR
-1.87% Litecoin (LTC) 72.87 EUR
-0.64% B-Cash (BCH) 106.61 EUR
-1.87% Ethereum (ETH) 0.0751844 BTC
-1.36% Litecoin (LTC) 0.00452985 BTC
-0.45% B-Cash (BCH) 0.0066155 BTC
-0.59% Bitcoin (BTC) 17099.5222 USDC
0.00% USD Coin (USDC) 0.94 EUR
-0.54% Bitcoin (BTC) 17106.673 USDT
0.00% Tether (USDT) 0.95 EUR
-3.81% Chainlink (LINK) 7.02 EUR
-3.35% Chainlink (LINK) 0.00043652 BTC
+1.24% Dogecoin (DOGE) 0.09 EUR
+1.86% Dogecoin (DOGE) 0.00000602 BTC
-4.16% Uniswap (UNI) 5.88 EUR
-3.35% Uniswap (UNI) 0.00036663 BTC
+0.68% Cardano (ADA) 0.3 EUR
+1.31% Cardano (ADA) 0.00001919 BTC
-0.77% Tron (TRX) 0.05 EUR
-0.31% Tron (TRX) 0.00000321 BTC
-0.22% Shiba Inu (SHIB) 0.00000891 EUR
-1.29% Zcash (ZEC) 43.84 EUR
-0.73% Zcash (ZEC) 0.0027371 BTC
-1.71% Basic Attention Token (BAT) 0.00001377 BTC
+5.57% TradeFlow (TFLOW) 0.05818615 BUSD

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.