Dogecoin (DOGE): The Fun and Friendly Internet Currency
DOGECOIN QUICK STATS
|CREATION DATE:||December 6, 2013|
|DEVELOPMENT STAGE:||Full Release|
|BLOCK TARGET:||1 Minute|
Forget about the banks because Dogecoin has your back! The decentralized, peer-to-peer digital currency is set to disrupt and enhance how you approach sending money online. Doge’s collective endeavor coupled with their growing communities is helping them become one of the most popular cryptocurrencies in the digital tipping marketplace.
While Dogecoin was originally introduced as a “joke currency” in 2013, many supporters were thrilled to see it quickly develop its own online community and reach a capitalization of US$60 million in less than 1 year!
“Doge” is the fun, friendly mascot, hence the name “Dogecoin”. The logo prominently displays the Shiba Inu dog breed, which is a Japanese breed of dog that was popularized as an online meme.
How it Works?
Dogecoin is earned either through mining or by participating in its community on Reddit. In the Reddit community, Dogecoin is used to tip users who create or share interesting content.
Unlike most other cryptocurrencies, Dogecoin no longer has a coin cap, with 5 billion new Dogecoins produced each year.
Why Transact with DOGE?
Fast transactions, little network congestion & low transaction fees!
Unlike other options, wrought with scams and pump and dumps, the Dogecoin community is established and committed, not to mention fun and positive!
Created to reach a broader demographic than bitcoin, Dogecoin was an alternative for those who rejected main stream cryptocurrencies. Just 5 years later, it reached a stunning US$2 billion market cap!
Billing itself “The Fun and Friendly Internet Currency” Dogecoin has gained most of its acclaim from its constantly expanding Reddit Community. Several outrageously successful funding drives, one for the Jamaican Bobseld Team’s trip to the Sochi Winter Olympics, as well as for NASCAR driver Jose Wise, helped galvanize the community and establish a place for it in the lexicon of cryptocurrencies.
CoinPayments provides Dogecoin payment processing allowing any merchants using the CoinPayments platform to accept payments in Dogecoin. CoinPayments also integrates with numerous shopping carts for all the most popular ecommerce platform, including PrestaShop, Woo Commerce, Opencart, and Magento.
FURTHER INFORMATION ABOUT DOGECOIN
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