17 Dogecoin Facts you should know

Dogecoin is a cryptocurrency. It is created by software engineer's Billy Markus and Jackson Palmer. There is no serious science behind the creation of dogecoin. It was created to make fun of cryptocurrencies. Dogecoin has the face of the Shiba Inu dog from the "Doge" meme as its logo.

Dogecoin
Dogecoin

17 Dogecoin Facts you should know

  1. Dogecoin was released on December 6, 2013. 
  2. On May 4, 2021 Dogecoin for the first time passed the hurdle of $0.50.
  3. On May 9, 2021 Dogecoin became the first cryptocurrency to be accepted as a payment for Space mission. SpaceX of Elon Musk announced a rideshare mission to the moon completely funded by Dogecoin.
  4. Dogecoin in the current scenario is being used as a Altcoin. Many social media users are giving Dogecoin as a tip to people providing noteworthy content on the internet.
  5. Dogecoin is very easy to buy. All you need to create a digital wallet with any of the cryptocurrency exchanges.
  6. Reddit and twitter are the platform where users frequently share currency-related information.
  7. Dogecoin has been used to try to sell a house and in poker industries.
  8. Dogecoin's block time is one minute as opposed to Litecoin's 2.5 minutes.
  9. Dogecoin cryptocurrency is based on Litecoin technology.
  10. Dogecoin is based on PoW algorithm. Bitcoin also uses the same.
  11. Many crypto investors are turning to Dogecoin since its transactions are fast.
  12. Dogecoin is almost irresistible to hacking as it has several safety levels.
  13. The Shiba Inu dog used as Dogecoin logo is a Japanese breed of dog.
  14. Dogecoin has been used to fund a NASCAR race.
  15. Dogecoin has no upper limit, like Bitcoin, that means there are actually more the 100 billion Dogecoins in circulation.
  16. Dogecoin like any other cryptocurrency is very volatile. Many just invest in Dogecoin just for fun.
  17. You mine a Bitcoin, but you dig a Dogecoin, because dogs don't mine they dig.
These are some of the most interesting Dogecoin facts. Do not shy to share it with your friends.

Comments