Dogecoin, a cryptocurrency introduced as a joke coin on December 6, 2013, and as with the face of the dog Shiba Inu, exceeded 10 cents for the first time. And right now it is trading at $ 0.18, according to coinmarketcap.
The digital currency secured a market capitalization and even entered the list of 10 most valuable cryptocurrencies in the world, despite being a joke and having the best memes, Dogecoin is an inflationary currency, with a maximum supply that has no halves and Do not change.
It is worth remembering that Dogecoin emerged as a branch of the Litecoin network (LTC), and was presented as a “joke”, that is, a meme coin based on the popular meme “Doge”, with a shiba inu dog.
The influence of Elon Musk
Elon Musk is Dogecoin's richest fan, however, Musk said he should have bought that digital currency eight years ago. Musk's most recent tweet to the digital asset was saying that DOGE is "barking at the moon", and the comment in question makes reference to the cryptocurrency's rise.
Although the market signals a promising scenario, there are those who do not rule out a possible fall, but like everything in life we are at risk all the time.
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