+0.88% Bitcoin (BTC) 26470.88 EUR
+3.03% Ethereum (ETH) 1692.39 EUR
+3.20% Litecoin (LTC) 76.51 EUR
+1.97% B-Cash (BCH) 125.17 EUR
+1.99% Ethereum (ETH) 0.0645794 BTC
+2.22% Litecoin (LTC) 0.00292294 BTC
+1.28% B-Cash (BCH) 0.0047773 BTC
+1.48% Bitcoin (BTC) 28554.518 USDC
-0.53% USD Coin (USDC) 0.93 EUR
+1.50% Bitcoin (BTC) 28441.6 USDT
-0.60% Tether (USDT) 0.93 EUR
+4.96% Chainlink (LINK) 7.02 EUR
+4.60% Chainlink (LINK) 0.00026817 BTC
+5.62% Dogecoin (DOGE) 0.07 EUR
+4.61% Dogecoin (DOGE) 0.00000272 BTC
+4.08% Uniswap (UNI) 6.04 EUR
+3.12% Uniswap (UNI) 0.00023007 BTC
+14.44% Cardano (ADA) 0.36 EUR
+13.52% Cardano (ADA) 0.00001376 BTC
+1.54% Tron (TRX) 0.06 EUR
+0.84% Tron (TRX) 0.0000024 BTC
+3.81% Shiba Inu (SHIB) 0.00001031 EUR
+4.99% Zcash (ZEC) 34.08 EUR
+3.20% Zcash (ZEC) 0.0013029 BTC
+4.17% Basic Attention Token (BAT) 0.00000899 BTC
+5.79% TradeFlow (TFLOW) 0.09684648 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.