The prices kept falling and ended up at $0.0001. It was an unfortunate phase for Dogecoin when people started questioning its validity. It was back to square one when it went down to $0.0002 on July 10th. The DOGE prices further kept falling and reached $0.0004 by the end of April. It reached $0.0011 by the end of February. The prices soared as high as $0.0018 on February 11th and then saw a major downfall. The price of Dogecoin in January 2014 went from $0.0002 in the beginning to $0.00156 by the end of the month. The prices further fell down and reached $0.0004 by the end of the year. The prices saw generic fluctuations in the same month and went as high as $0.001 on December 19th. The developers wanted to build something that could challenge Bitcoin superiority in the market. The initial price of DOGE was set at $0.0002 on December 16th 2013, considering the fact that DOGE was born out of a meme and influenced by a joke. Buy DOGEĭogecoin was launched in December 2013. You can buy Doge from the following exchanges. Dogecoin is one of the top meme coins trading in Indian and international exchange with high volume.Google Cloud to let users pay in Dogecoin.11th October 2022: You can now buy Elon’s Musk’s recently launched Perfume with Dogecoin.The fun and light-hearted cryptocurrency is one among the top 10 cryptocurrencies in the world. The token is one of the fastest-growing coins and it found its applications in transferring small amounts of money instantly with low trading fees. Today Dogecoin is no joke, it has blown up and gained more than 5000% value in 2021, and then corrected by 80% in 2022. The crypto was seemingly created as a joke to poke fun at Bitcoin, but it has grown to be a very popular and loved coin. But, the operation of the cryptocurrency is very similar to other altcoins. The logo of the “ Shiba Inu” dog, a breed of Japanese Pet dog on the coin sets it apart from the normal altcoins. Dogecoin is different from the normal altcoins because of its amazing and vibrant community. It is an altcoin based on a meme and the foundation of the coin is influenced by a joke. Is Dogecoin Worth Investing in 2022 (Updated)?ĭogecoin is a decentralised open source peer-to-peer digital cryptocurrency which is favoured by Shiba Inu worldwide.
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