Dogecoin is one of the numerous Bitcoin replicas that largely owes its success to an extremely well thought-out marketing strategy. It is a proof-of-work, Scrypt-based cryptocurrency with low value and relatively high stability.
It is growing at a rather fast rate and by 2014, it has produced 100 billion units, with 5 billion units introduced to the market every year since. Its most popular use is that of a tipping currency, used as a “like” or upvote with a real value attached to it. It is known for sponsoring various important events, including the Winter Olympics.
Dogecoin Exchange Rates
To some, Dogecoin is still nothing but a joke. To others, it is a good investment opportunity. Find out which side you should choose with our additional Dogecoin resources. Read up on the coin’s history, find out what other traders are discussing at the moment, and learn everything there is to know about the current and potential status of Dogecoin with our resources available below.