Individuals behind the project said by acquiring the license to the iconic Shiba Inu image, they hoped to “unify the whole Doge community.”
Cryptocurrency Dogecoin (DOGE) News
Dogecoin (DOGE) is a cryptocurrency built around the popular “doge” meme featuring a Shiba Inu. Founder Jackson Palmer announced the project on Twitter in November 2013 as a joke. When friends and industry peers encouraged him to pursue the project, Palmer purchased the domain dogecoin.com and began building. He was soon joined by Billy Markus.
The founders believed that Dogecoin could be a more lighthearted and accessible introduction to cryptocurrency, as Bitcoin (BTC) had started to become stigmatized following the Silk Road debacle and mining had become increasingly unfeasible with consumer laptops. Palmer left the project in June 2014.
Dogecoin is based on Luckycoin (LKY), which is itself a fork of Litecoin (LTC). It features an inflationary monetary policy with no cap. The block reward is set at 10,000 DOGE per block per minute.
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Dogecoin price readies for a recovery as the wider crypto market recovers and traders buy more DOGE on the dips.
337Many memecoins have produced staggering returns since the start of 2024, but their lack of utility and the proliferation of scams have raised questions about their long-term stability.
825Bitcoin price descends to new lows, dragging altcoins down with it just days before the long-awaited BTC supply halving.
5758Bitcoin is finding it difficult to sustain the relief rally, which could put pressure on several altcoins in the near term.
5708The price of Bitcoin has grown 54% since the start of 2024, and only six altcoins from the top 50 have done any better.
39393Bitcoin's correction deepened as BTC price fell to $65,000, and altcoins were hit with double-digit losses.
10015Bitcoin is witnessing a tough battle between the bulls and the bears near the $69,000 level with buyers holding a slight edge.
5298Binance said it was dropping support for Bitcoin Ordinals as part of its efforts to streamline product offerings.
5704The memecoin market's downturn seems like a typical adjustment seen before Bitcoin halvings, yet more downside is possible.
3321After pushing out Cardano’s ADA, TON became the ninth-largest cryptocurrency by market cap. Can it maintain momentum to surpass Dogecoin next?
5011Bitcoin’s range break above the $70,000 level boosted altcoin prices and hints at the possibility of a new BTC all-time high.
4851Bitcoin remains locked in a battle near the $69,000 mark, which may extend for a few more days.
8688The Doginal-based Runestones were given away for free, just like its Bitcoin Ordinals original.
6157Dogecoin price retracts as the wider crypto market corrects and traders choose to book profit.
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