Over the years, Elon Musk and Dogecoin have had many "bonds"
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Dog coin DOGecoin was born on December 12, 2013 by Australian brand and marketing expert Jackson Palmer and programmer Palmer in Portland, Oregon. Dogecoin is based on the Scrypt algorithm and the transaction process is more convenient than Bitcoin.
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Members of the Dogecoin community generously donated a Doge-themed NASCAR car and sent a real Dogecoin to the moon. The community has also donated Dogecoin to charity, sponsoring wells dug in Kenya to provide clean drinking water. These types of behavior make the Dogecoin community part of it, which in turn leads to Doge's unlikely position in the top cryptocurrencies.
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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.
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This morning (April 3), Elon Musk tweeted: "The value of Dogecoin may vary." Currently, Musk's Twitter identity is introduced as the former CEO of Dogecoin. In the past 20 hours, Musk has interacted frequently with Dogecoin
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Dogecoin's price rose 50 per cent in 24 hours to $0.042 at the time of writing, its highest price since October 2018, as a result of the frenzied spread of a video about the DogCoin challenge on short video platform TikTok. In response, Dogecoin Twitter warned traders not to speculate. "Please make the right choice and not be influenced or manipulated by someone else's FOMO," Dogecoin said. Be aware of safety. Be smart. (Cointelegraph)
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Dogecoin found support above $0.0017 in this bearish market.
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Fixed issue: The number of cryptocurrencies generated per period (block, day, year) remains the same. This will lead to a decrease in the inflation rate. Examples of fixed issuance policies include Tron and Dogecoin
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Litecoin is a point-to-point-based online currency inspired by Bitcoin and technically implemented in the same way. What makes it different from Bitcoin is that consumer-grade hardware can also efficiently "mine" to provide faster transaction confirmation (an average of 2.5 minutes). Dogecoin, also known as Dog Coin/Dog Coin, was born on December 8, 2013, based on the Scrypt algorithm. Dogecoin is the second largest virtual currency in the world after Bitcoin.