Dogecoin, which appeared as a joke, surpassed Bitcoin

Dogecoin is on the rise like a “joke”! As we all know, Bitcoin prices increased tremendously in 2017.. Meanwhile, new cryptocurrencies, which we call “altcoins”, started to emerge.. Dogecoin, which is among these altcoins and which everyone sees as “joke money”, has even surpassed Bitcoin when the one-month increase rate is taken into account.

Dogecoin gained more than 400 percent in value last December.. This month, it broke a record and reached 0.048549 TL.. According to CoinMarketCap data, the parody currency is currently worth around $1.17 billion – or $0.010360 per token.. Moreover, despite not receiving software updates for more than two years, its value is increasing!

The Dogecoin, which was created with the aim of sending money more easily than traditional methods, rather than traditional methods, is growing even more and more. It is watched with interest by its fans.

What is Dogecoin?

Dogecoin was launched on December 6, 2013. Using the cute Japanese Shiba Inu dog in its logo, this altcoin is known with the slogan “To the moon”.. This currency, which was established in 2010 to refer to a joke circulating on the internet, was described as a “Prank” because of this aspect.

This currency has similarities with Litecoin in general.. Written by Billy Markus, the initial goal of this currency was to increase people’s interest in cryptocurrencies.. Over time, this goal has been realized and has led the young audience in particular towards cryptocurrencies.. Another feature that distinguishes Dogecoin from other currencies is its high transaction volume.. Dogecoin is one of the most traded coins in the cryptocurrency markets.. Dogecoin currently has a circulating volume of over 100 billion units. This figure is around 80 times that of Bitcoin.