DOGE coin, which was started as a meme in 2013, has become one of the most popular coins in the crypto trading world. Most celebrities, influencers, and crypto traders often talk about dogecoin, which helps the coin remain in the spotlight. It has gained a 10,000 percent gain in a few months.
KuCoin is one of the most popular cryptocurrency exchange platforms that provides users access to over 500 coins, including Shib, Sol, and many other coins. It has minimum fees and is considered the best platform for crypto trading.KuCoin is also famous for its easy and userfriendly policies.
This article will discuss the DOGE coin with its complete history, price, and potential. So let’s begin.
The Creation Of Dogecoin
Dogecoin was created after a meme that went viral in 2013. It is made after a cute dog, Shiba Inu, the most famous ‘meme of the internet’ of that time. It was launched in December 2013 by two software engineers, Billy Markus and Jackson Palmer. At the start, dogecoin had zero value, and no cryptocurrency exchange platform supported it. So they manually traded it, and it started to gain popularity.
How Doge Coin Work
Dogecoin is a most demanding cryptocurrency nowadays, and unlike platforms such as BTC or ETH, it inherits a lot of technology from litecoin. The mining process of dogecoin is also very user-friendly. It requires less GPU. the block confirmation of dogecoin is one minute on average, and 10,000 dogecoins can be rewarded means that there can be 10,000 dogecoins minted in one minute. The transaction is simple, and the coin does not change account; instead, the address on the coin is changed in the blockchain. Till now, there are more than 132 billion doge coins currently in existence, and there is no limit to the production of coins.
The Fame Of DogeCoin
Dogecoin is probably the only coin that has enjoyed multiple mentions from billionaires, celebrities, and influencers from time to time. The most notable mention is from Elon Musk. after the tweet, the coin has gained much value and reached new heights.
The Rise And Fall Of DogeCoin
The dogecoin has enjoyed much popularity and rose to an all-time high of about 72 cents per coin, but then in the recent month, it has crashed to less than one cent, but this is not the end of doge. Experts believe that dogecoin will gain its value back and will be increased by 500 times by 2025. It is a long-term investment, and the price is too low for risk.
Conclusion
Dogecoin started as a meme and is now one of the most popular coins. All crypto trading platforms offer to trade in doge, but if you want the best trading experience, then you should choose the KuCoin that provides historical data and predicts the coins so that you can invest for maximum profit. Dogecoin has great potential and can gain 500 times its current value by 2025.
