Dogecoin
Dogecoin was created by programmer Billy Markus from Portland, Oregon. The currency has gained traction as an Internet tipping system. On December 19, 2013, Dogecoin jumped nearly 300 percent in value in 72 hours. In July 2020 the total capitalization of Dogecoins is expected to reach $2.5 billion.
About Dogecoin in brief
Dogecoin was created by programmer Billy Markus from Portland, Oregon. The currency has gained traction as an Internet tipping system. On December 19, 2013, Dogecoin jumped nearly 300 percent in value in 72 hours. In April 2015, Jackson Palmer announced he is taking an ‘extended leave of absence’ from the cryptocurrency community. In July 2020 the total capitalization of Dogecoins is expected to reach $2.5 billion, with a peak value of $1.7 billion. Doge coins have been used to raise funds for charities and other notable causes, such as the Jamaican Olympic team’s fundraiser for Bobsledder Shiva Shiva Keshavaraju, who could not afford to go to the Winter Olympics in Sochi, and to send a message to the world about the importance of the Internet and the role of social media in society.
The DogeCoin community has also raised funds for a second athlete, Shiva Shiva Shiva, who had qualified for the Sochi Winter Olympics but was unable to afford to travel to the Games. Shiva Shiva was the second athlete to receive a Doge coin, and he was the first person to do so in the history of the coin. As of 30 June 2015, the 100 billionth Dogecoins had been mined, with an additional 5. 256 billion coins being mined every year thereafter. At the peak of the 2017 to early 2018 Cryptocurrency bubble, dogecoin briefly reached a peak of USD 07coin on January 8, 2018, with its market capitalization at USD 2 billion.. Doge Coin was officially launched on December 6, 2013. It features a likeness of the Shiba Inu dog from the \”Doge\” Internet meme as its logo.
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This page is based on the article Dogecoin published in Wikipedia (as of Dec. 23, 2020) and was automatically summarized using artificial intelligence.
