Dogecoin Twitter Controversy: What Does It Mean?
Elon Musk’s recent acquisition of Twitter has put him at the forefront of the world’s attention. With his increased presence
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.
Elon Musk’s recent acquisition of Twitter has put him at the forefront of the world’s attention. With his increased presence
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