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What is Dogecoin (What was the initial price of Dogecoin)

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What is Dogecoin? Where did Dogecoin come from? It is one of the earliest synon

What is Dogecoin (What was the initial price of Dogecoin)

What is Dogecoin? Where did Dogecoin come from? It is one of the earliest synonyms for Bitcoin. According to data from CoinMarketCap, more than $200 million worth of Dogecoin (DOGE) has been issued as of now, with a market value of $1.47 billion. The characteristic of Dogecoin is its low transaction fees. Unlike other digital currencies, this encrypted asset has a certain degree of anonymity, so it cannot be exchanged for anything on any exchange. The main feature of Dogecoin is its fairness and transparency in decentralization and community-driven nature.

What was the initial price of Dogecoin

According to the latest data from Bitcoin.com, what was the initial price of Dogecoin when it was first mined? According to the official introduction, DogeCoin (DOGE) is a decentralized cryptocurrency based on the Ethereum blockchain. Initially, the project was co-founded by former high inflation economist Michael Terpin and former Facebook employee Peter Thiel in 2012, but it failed due to its support for Bitcoin. At that time, people generally believed that it was a speculative investment tool. During the bull market in 2017, investors were chasing the price of a token because they expected it to rise to tens or even tens of thousands of dollars.

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