Dogecoin Value? What is Dogecoin? It is a digital currency, like bitcoin. Which was originally created as a joke. Thus, it was created by Jackson Palmer. The currency’s logo was designed using a meme that featured the deliberately misspelled word (doge) to describe a Shiba Innu dog.
Dogecoin gained cult status on Reddit’s Wall-Streeters’ message board, the prime instigator behind the GameStop affair. Moreover, the dogecoin cryptocurrency is no joke, it has expanded in value and got more than 5,000% in 2021.
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Lots of people are asking questions like if they should invest in dogecoin, if you’re one of them you will find out in this article.
Dogecoin as a digital currency (cryptocurrency) without white paper, without fundamentals, without paid staff has scored 14’000% in value this year and currently has a market cap of about $80 billion. Nevertheless, this cryptocurrency (doge) is one of the fast-growing digital currencies and it’s expected to grow massively in 2021 upward.
Of recent, the price of the coin went high after the endorsement from high profile personal Elon Musk the “The joke” cryptocurrency. Elon musk’s tweets are one of the highest drivers of the dogecoin price increase. So, if this currency keeps getting an endorsement from high reputed people, it means the value will keep increasing.
What is the latest doge price? How do I locate the dogecoin price chat platform? The coin price as at the time of this writing is $0.344516 US dollars- within 24 hours trading volume of $5,508,943,523 US dollar. Visit the coin market cap website, to get the latest updates on cryptocurrencies prices including dogecoin and other news that follow suit.
Dogecoin Price Prediction 2021-2022
2020 was an outstanding year for the crypto community, even when the world economy was tumbling and shaking, crypto prices increased and maintained their prices within the range. This year 2021 appears to be more promising, just in the first two months, the dogecoin and other digital currency such as BTC have escalated.
Also, highly influential people like Elon Musk also made comments about the coin, which makes people start getting interested in investing in the dogecoin trade. With this, the coin may experience a massive increase in 2022.
How to Invest in Dogecoin
Do you want to invest in Dogecoin? You need to register with a secure crypto exchange platform. There are many crypto exchange platforms, like Coinbase, Binance, cash app, etc.
Note; not all crypto exchanges platform supports dogecoin. You can get dogecoin from exchanges like Binance, Kraken, Robinhood, Gemini, Crypto.com and Well I’ll. However, the three methods of payment for buying dogecoin is Credit Card, bank transfer.
Step1: Register with an exchange
This is the first step. Just locate the Exchange platform you would like to buy the coin. On the exchange, website locate the register/sign up button and sign up for an account.
Step 2: Buy Dogecoin
To buy dogecoin, the procedure beneath is for you. Download dogecoin wallet.
- Login in to your exchange platform account, using the correct data.
- Proceed to Fund your wallet.
- Then Buy a coin.
These are the guide on how to buy doge.
Should I Buy Dogecoin?
Should I Buy Dogecoin now? To answer your question, everyone is seeing how Elon Musk’s comments bring a high increase in the doge crypto market. So, it won’t be a bad idea. If more influential people keep commenting positively about the coin, there’s no doubt that the coin will reach its peak. You can go ahead and buy dogecoin.