Dogecoin has its inception in 2014 and was started out as a joke based on a popular Internet
meme Doge. The coin was started to pay homage to this means and has adopted Shiba Inu, a
Japanese breed of dog as its mascot. Trading in dogecoin is like dogecoin mining; you can make stupendous
profits with a little bright beginning to a very big continual process of making money.
A dogecoin exchange is a peer-to- peer transaction system with not much technical upper hand
compared to the other coin in the crypto market. Investors who invested money in dogecoin have
received great returns and somewhat like a free dogecoin earning thousand of dollars in one go.
The dogecoin value has soared much to the shock of the founder himself. It touched the market
capitalization of $1 billion and crossed the $2 billion over the weekend.
The exponential growth of the dogecoin is a clear indication of the frothiness of investors in the
crypto market. A coin that didn’t have any software update for the past 2 years and reaching a
market capitalization of $2 billion is a sure sign of irrationality of the investors in the crypto
market.
But is it a bubble or something to look forward to, we shall have to wait and see. Till then, you
can keep watching your dogecoin wallet to how much it grows!
Dogecoin: A cryptocurrency that was made out of a joke
