Dogecoin (DOGE) price remains pressured near $0.92; What will happen next?
A steady dollar amid a volatile market kept the global crypto market quiet on Monday. BTC fell nearly 2%, while
When the entire market was sighing, Bitcoin and Ethereum, Billy Markus had other ideas. With a desire to turn down the situation he joined hands with Jackson Palmer and gave birth to a new digital asset, Dogecoin (DOGE). It useed the face of the Shiba Inu dog named Kabosu as its logo.
It was December 2013; the first DOGE coin was introduced to the world. Dogecoin was considered an ‘inflationary coin’ while Bitcoin was considered a ‘deflationary coin’. To the surprise, the first meme coin DOGE went viral for its unique perspective. It can be traded through crypto exchanges like any other virtual currency.
Dogecoin has a huge online community and was created using the open-source code from Litecoin. It is one of the widely accepted crypto currencies among merchants as it is a fork of Bitcoin.
Since it is a memecoin, it is subject to high fluctuations and often experiences significant volatility with market narratives. To get a 360-degree view of the DOGE’s performance every day, read from CryptoTale.
A steady dollar amid a volatile market kept the global crypto market quiet on Monday. BTC fell nearly 2%, while
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