The Dogecoin development team has warned users in the past about "massive" purchases and fomo problems.
In recent times, the value transfer on Ethereum has been close to the value transfer on Bitcoin, and in Ethereum's value transfer, more than 80% of the value transfer is the value transfer of the stable coin. From this data, we can also understand why the demand for USDT has increased dramatically.
There are certainly more reasons why Dogecoin is so popular. Technically, Dogecoin is actually a faction with Litecoin, which is based on the Scrypt algorithm and, like Litecoin, is easier to trade than Bitcoin, and they have more numbers, with Dogecoin digging up to 100 billion, compared with 21 million bitcoins. Palmer also noted that Dogecoin is not like Bitcoin, where people don't get involved just for the sake of speculation, which is a way of sharing and thanking.
dogecoin-nascar-520x293.jpeg?resize?520%2C293 cars printed with Dogecoin drawings.
But the foreign still do not believe why? Because the foreign also raised questions, since the radiation intensity of the weapon has not increased, then why can it increase the speed of the network so much?
Dogecoin explodes in TikTok, price jumps 20%
The original joke currency, Dogecoin, was based on the virus's Doge mestidy. Although it has had a difficult time, it is a good illustration of the fact that community is the most important factor in establishing value, whatever brings it together.
JAY Hao, chief executive of OKEx, commented that DOGE has a healthy life and development, and has features that many old cottage coins don't have, which is why this coin is not a joke. In our latest Dogecoin news, we carefully examined his statement.
The number of local bitcoins has increased in countries with economic difficulties, hyperinflation and capital controls over the past year, and there is no reason why this will not continue throughout 2020.
This article does not need to be explained. The increase in the number of physical merchants has greatly increased the effectiveness of electronic currencies (mainly Bitcoin) and increased the value of electronic currencies.
So in the last bull market, Bitcoin actually faced a very serious crisis. Why is there such a crisis? Why hasn't the number of Bitcoin users increased, and the number of Ethereum users has increased rapidly?
IOTX ten yuan also does not sell: so deep, have technology, have the strength of the coin why the price has been falling? Why not do market value maintenance?
why has dogecoin not increased in value
Dogecoin, which has been in high trend lately, had a big party and, more specifically, a huge Doge fan base.
Bitfinex cryptocurrencies exchanges have increased support for Dogecoin after tokens soared to two-year highs. Token trading starts today (noon on July 10).
If we take August 7, 15 as a mid-point (why choose 20150807?) Because it happens to be on the day of the Ethereum listing, the market value of this point is 4.68billion$, which has increased only 2.93 times (4.68/1.6) in the previous half, while the market value has increased 583 times (2730/4.68) in the second half of the period. to da moon?