Dogecoin is GameStop stripped of all the distracting reality. You may want to invest in Dogecoin and add cryptocurrency to your portfolio. The coin has ridden the same Reddit-driven retail investor wave as stocks like GameStop and AMC over the past two weeks, further accelerated by a handful of cheeky Elon Musk tweets pumping dogecoin . Dogecoin has been in existence since December 2013, which is impressive in the fast-moving world of crypto, where most crypto assets die out quickly. And with the involvement of Elon Musk after buying some of it, the hype in the market has increased tremendously. 2 The Community. If you haven't gotten it already, Dogecoin has often been considered more of a meme rather than a viable tool for investment. Dogecoin Is Going To Hit $1 Why I’m Buying More? But why especially dogecoin? What Is Dogecoin, And Why Is It Trending All Of A Sudden? Aug 24, 2020. Dogecoin price today is $0.0738. 12 largest cryptocurrency, with a market cap of $6.1 billion, is a joke. Dogecoin saw an overnight drastic appreciation of 26% since the viral. However, higher prices could not be sustained. Why bitcoin and altcoins are hot again this summer. This is one question that has been trending in the cryptocurrency space since April when the Elon Musk Dogecoin hype became viral on Twitter. But bitcoin, in my mind, has real value – and the possibility of more Musk memes will likely drive up its price even higher. It’s all about brand. At the time of writing, the price of Dogecoin was $0.002948. The next big investment opportunity is one trade away. Dogecoin was … It is currently trading at $0.003140 USD. 1 What Is Dogecoin And Why Buy It? This means that it is down by 1.30% against the USD and up by 0.25% against the price of BTC. Dogecoin Price Prediction 2019: Dogecoin News Update – Dogecoin News Today – DOGE/USD – Current Price Of Dogecoin. One of the most common uses for Dogecoin today is as a tipping service. Latest Crypto and Blockchain News today. However, there are nearly 114 billion Dogecoin in circulation right now. There are six reasons to keep an eye on Dogecoin (DOGE) and own some – 1. If you want to still invest or try out Dogecoin, you can do so by exchanging any other currency for Dogecoin … Just look at the chart below, which shows that the meme cryptocurrency is up more than 150% in the past three days. Users will tip other users for posts or contributions that they believe deserve recognition. There have been no technical updates or developments since 2015 when Jackson Palmer left the project by declaring that he was going on an “extended leave of absence”. You May Also Read: Best Altcoins To Invest In 2019. Forget Bitcoin and Ethereum, Dogecoin (DOGE) has been on an absolute tear over the past few days. If you choose to mine Dogecoin solo, it will be difficult to make a profit. It was all a joke for Dogecoin. During the week of Dec. 28 – Jan. 4, DOGE increased massively, going from a low of $0.0041 to a high of $0.013 — an increase of 233%. "Dogecoin" was originally created as a joke cryptocurrency - but some traders are viewing it as a serious investment. The No. : In this whole year, the biggest surprise in the market of cryptocurrency was “Dogecoin going up”.Dogecoin was created in 2013. However, unlike Litecoin, there is no hard cap on the number of Dogecoins that can be produced. There are very few popular crypto assets from that era that are still around today - at least with the same level of prominence. Top Stories. It’s similar to a “like” but with more impact. Based on its historical path, the crypto has traversed a bumpy ride so far. You will probably spend more money on electricity and hardware than you will make from Dogecoin mining. Once it hits $1, you’ll have $10000, Tell everyone you know. What gives? Ideally, if you decide to go pro, you should put your mining equipment in a separate room with adequate cooling because if it starts to overheat, you will reduce its lifespan. One Dogecoin is worth about 0.05 US Dollars. Official website. This post will explore all about Dogecoin and why people have been buying it in recent weeks. TikTok Let the Doge Out: Why TikTok Doge Is Everything About 2020 Finance in One Story After a week of viral videos on TikTok, dogecoin is up 35% in price and 2,000% in volume. DOGE price changed -0.86% in the last 24 hours. Expert investor Andy Snyder provides readers with crypto tips and the best insights into the stock market today. In the past week, Dogecoin has been buzzing the internet, and many people ask what Dogecoin is? Launched at $0.00026, its price escalated to $0.00095 after 72 hours of launch. Dogecoin surged by circa 140 percent this week as a new TikTok challenge urged users to pump it to $1. It shares many features with Litecoin. Why is Dogecoin going up? Dogecoin is a cryptocurrency which was launched in 2013. Today (08/19/2020), one Dogecoin is worth only $0.003410! Yahoo Finance. Dogecoin has a great brand. A group of Reddit investors banded together to push up … But in past few years, it has got a massive response and that lead to an increase of more than 600% this year. Dogecoin mining is not going to make you a crypto billionaire overnight. As he and four other Dogecoin developers take up the keyboard in the name of the Shiba Inu-emblazoned memecoin (which is now worth over $9 billion at $0.07 a … Get up to date Dogecoin charts, market cap, volume, and more. While the Dogecoin project has a solid proposition, Elon Musk helped increase its visibility when he jokingly became the CEO of Dogecoin. But today, thanks to Elon Musk, one of the most famous entrepreneurs, the value of Dogecoin has grown to $0.074. Dogecoin was created in 2013, making it downright elderly in crypto-terms. Dogecoin is a cryptocurrency that was created as a joke — its name is a reference to a popular Internet meme. In short: because more people are buying, then there are people selling at current prices. The answer is simple and will be key for the whole crypto space. Dogecoin Going Up!!! There will only ever be 21 million Bitcoins. This means that there is an endless amount of Dogecoin and so the price will not increase as much as other coins like Litecoin and Bitcoin which have limited supplies. For the latest trends in crypto, we suggest signing up for our Manward Press e-letter below. Okereke Chinweokwu February 9, 2021. Long-Term Dogecoin Levels. Resources. Amid the so-called meme stock frenzy, it is perhaps fitting that a cryptocurrency based on a meme has been swept up in the mania. Cryptocurrency News. There are 800 million TikTok users. This is why I’m not buying Dogecoin, which is clearly a joke (even though its founder wrote a terrific post that sums up our value investing philosophy). The Dogecoin/Bitcoin pair is very close to breaking out from a more than three-year-long descending resistance line. Read Headlines crypto news, Bitcoin news, blockchain news and project signals in the cryptocurrency space. Dogecoin crypto started as a joke but it has grown leaps and bounds and today it has a market cap of $393,731,463 USD. However, the reason why this happened is probably related to the recent crazy Boom with GME and AMC stocks. Contents hide. 6 Reasons To Invest In Dogecoin. Dogecoin started out as a joke in 2013 and is still a joke today—but its value is up 380% in the past month, 696% this year so far. The meme cryptocurrency is still trading about 1,800 percent below its viral price target. The short answer is, not really. Bitcoin News is the world's premier 24/7 news feed covering everything bitcoin-related, including world economy, exchange rates and money politics. Dogecoin is very cheap – around $0.0009 at the time of this writing – so buying 1000 Dogecoin only costs about $1. However, Dogecoin has no supply limit. What Is Dogecoin And Why Buy It? Dogecoin is practically worthless. 3 Price Prediction For Dogecoin. Such wow, why is Dogecoin going up? Why It's a Bad Idea to Buy Dogecoin Now Unless you lost your Internet connection this week, you know what happened to GameStop stock . He urged the users to invest in Dogecoin with just $25 claiming to push the value of the coin to $1. But ultimately, the decision is up to you. As of the time of this article’s writing, it’s trading at … Meanwhile, Malta-based Binance announced today that it would launch DOGE/USDT Perpetual Contract with up to 50x leverage. Depending on the dogecoin mining setup you have, you may need to think about where you are going to store it and how you plan to keep the temperatures under control. Originally invented as a joke by software engineers Jackson Palmer and Billy Markus, the Dogecoin has the image of a Shuba Inu dog as its logo. Sure, Dogecoin is a good investment as we discussed yesterday in “What Is The Future of Dogecoin?” This time I’ve come up with 6 reasons to prove that your investment with Dogecoin is going to be a wise choice. Reading Time: 2 minutes.