Popular meme coin, Dogecoin has been widely referred to as Elon Musk’s cryptocurrency after the world billionaire indicated that the coin is his favourite coin.
Of course, this boosted the global image of the coin and made it one of the most respected coins despite the fact that it was just a meme coin.
Dogecoin (DOGE) is a token that is created based on the popular doge internet meme, it also has Shiba Inu drawn on its logo. The Dogecoin has a 1 minute block time and an uncapped total supply, this makes it possible for a limitless mining of the coin. Dogecoin can be mined by an individual or by a mining pool.
The primary use of Dogecoin has been used as a rewarding means for creation and posting of quality contents on Twitter and Reddit.
Many people may feel that Elon Muks is the founder of Dogecoin, this is why we have to reveal the owners of the Dogecoin. Dogecoin was created by Billy Markus who comes from Portland, Oregon and Jackson Palmer who are from Sydney, it was forked from Litecoin in 2013. December.
Elon Musk Cryptocurrency Dogecoin Relationship
The Tesla owner has been been funding the meme coin and this really helped to push the coin up drastically. He recently said that he will be the first trillionaire in Dogecoin. Shortly after saying this, the price of Dogecoin went up by 6% in just one hour. The SpaceX owner has continued to promote Dogecoin and had also said that Dogecoin is a better option for purchases than Bitcoin.
Dogecoin Current Statistics
According to CMC, Dogecoin currently has a market cap of $22.83 billion, it witnessed a slight decrease of 0.51% in the last 24 hours. Dogecoin has a 24 hours trading volume of $1.06 billion, it increased to this point by 3.73% in the last 24 hours.
The popular memecoin has a total of 4.64 million holders and a circulating supply of 132.56 billion. It has a market dominance of 1.05% and is currently ranked at number 12.
Dogecoin is currently valued at $0.1725, it slightly decreased to this amount by 0.68% in the last 24 hours.
Dogecoin Contract Address
The contract address for Dogecoin is 0xba2ae424d960c26247dd6c32edc70b295c744c43
How To Buy Dogecoin
You can buy Dogecoin on major exchanges like Binance, Mandala Exchange, OKEx, Upbit, Phemex, KuCoin, Gate.io, FTX, MEXC, etc.
You can also buy Dogecoin through Pancakswap on Trust Wallet, Safepal, and MetaMask.
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