+2.31% Bitcoin (BTC) 31874.2 EUR
-1.20% Ethereum (ETH) 2105.18 EUR
+0.02% Litecoin (LTC) 94.57 EUR
-0.82% B-Cash (BCH) 254.24 EUR
-3.50% Ethereum (ETH) 0.06605 BTC
-2.39% Litecoin (LTC) 0.00297 BTC
-2.79% B-Cash (BCH) 0.00799 BTC
+2.37% Bitcoin (BTC) 36020.77 USDC
+0.13% USD Coin (USDC) 0.88 EUR
+2.24% Bitcoin (BTC) 36041.5 USDT
+0.13% Tether (USDT) 0.88 EUR
-3.60% Chainlink (LINK) 13.13 EUR
-5.96% Chainlink (LINK) 0.00041308 BTC
-1.52% Dogecoin (DOGE) 0.11 EUR
-3.87% Dogecoin (DOGE) 0.00000372 BTC
-0.94% Uniswap (UNI) 9.36 EUR
-3.32% Uniswap (UNI) 0.0002937 BTC
-3.34% Cardano (ADA) 0.89 EUR
-5.48% Cardano (ADA) 0.00002809 BTC
-1.04% Tron (TRX) 0.04 EUR
-3.18% Tron (TRX) 0.00000152 BTC
-2.93% Shiba Inu (SHIB) 0 EUR
-1.23% Binance Coin (BNB) 319.2 EUR
-3.59% Binance Coin (BNB) 0.010017 BTC
+0.08% Binance USD (BUSD) 0.88 EUR
+2.25% Bitcoin (BTC) 36012.69 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.