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2021-10-08

Robinhood announced Monday that it has added dogecoin to its commission-free cryptocurrencies trading platform, CCN reported.

However, it can also be argued that any monetary inflation is necessary. Without inflation, Dogecoin holders will be encouraged to hoard their currency. This goes against the nature of Dogecoin.

Dogecoin overview

Dogecoin overview

The German, head of the official development team for dog coins, is responsible for the development and maintenance of Dogecoin Core, MultiDoge and Dogecoin Android Wallet.

Elon Musk Calls Dogecoin 'My Fav Cryptocurrency'

On November 28, 2013, an uninskable Doge joke was posted on Twitter: "Investing in Dogecoin, pretty sure it's the next big thing." Chinese: Invest in Dogecoin, sure to be the next big thing.

Dogecoin founder Jackson Palmer commented on Twitter.

Dogecoin was born on December 12, 2013, based on the Scrypt algorithm. Since the dog coin system went live, traffic has exploded thanks to Reddit's boost (data show that there are more than 75,000 followers in the Reddit dog coin community, far more than the LTC), but in two weeks' time, dog money has been spread out on dedicated blogs and forums. Dog coins have a good cultural background - tip culture. Just a week after Dogecoin went online, it became the second-largest tip currency. Many people are involved in the dog coin trade, not for speculation, but as a way to express sharing and gratitude.

Dogecoin explodes in TikTok, price jumps 20%

Dog Coin is a cryptocurrencies that goes to the center and its members come from all over the world, and the Reddit/r/dogecoin section is the main dog coin forum and the most important place to promote dog coins. Enthusiasts from the community set up special organizations to promote.

In a Reddit post, Buterin explained his concerns about Larimer's DPoS protocol and highlighted voter participation and the mechanisms of the free system.

Each Reddit user is assigned an Ethereum address that is maintained through the Vault service in Reddit's new iOS and Android apps. Vault is essentially an Ethereum wallet for keeping Reddit tokens; users are free to use them on any platform as long as they use the same Ethereum address as in Vault, but embedding a local crypto wallet into the Reddit app is sure to appeal to a large number of early participants and those unfamiliar with cryptocurrencies in the past.

Dogecoin official website Dogecoin trading platform

Dogecoin official website Dogecoin trading platform

OKEx CEO Jay Hao affirmed Dogecoin (DOGE). Hao said that Dogecoin is not a joke and shows healthy development and longevity. DOGE can be used to make tip payments on Reddit and Twitter shows that it can achieve instant transfer of small payments in ways that are not possible with many major cryptocurrencies. Hao recommends trading wisely and investing only the amount of loss that the individual can bear. He admitted that, given the current lack of volatility in Bitcoin, people hope to use altcoins to achieve transaction gains

In addition to supporting social welfare and philanthropy, Jackson believes Dogecoin can be used on the Internet as a "sweet spot" to thank others. In the beginning, though, Dogecoin was born out of a joke.