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Notably, Dogecoin has also recently been seeing growth, which seemingly hasn’t translated into its price. The meme-inspired cryptocurrency recently saw the total number of addresses on its network with a balance surpass the 5 million milestone. The number of active addresses on the network, meanwhile, has more than doubled to reach 168,000, the highest level since March of last year. Market cap of dogecoin Commodities
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Since its inception in December 2013, DOGE quickly developed a strong online community and eventually captured mainstream attention, especially in 2021, when Tesla founder and billionaire Elon Musk expressed public support for the coin. On May 8, 2021, DOGE recorded an all-time-high market cap of nearly US$90 billion at a price of $0.70, rising nearly 141,000% since its inception in 2013 and briefly making it one of the world’s top 10 cryptocurrencies. Cross rate of 1000000 USD to other currencies DOGE investors, in fact, were also earning profits. Data analyzed from AMBCrypto found that, at press time, over 71% of the addresses were in a state of profit.
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From The Olympics to NASCAR … Why is Dogecoin so Popular?

Coinbase offers more than 250 cryptocurrencies, including bitcoin, ether, litecoin, dogecoin, and ripple. The exchange also offers multiple investment options for individual and institutional clients. Some of its account features include staking rewards, mobile apps, and a Coinbase learning rewards account option that pays you crypto assets for watching educational videos. No Items in Watchlist We are teamed up with VoskCoin to provide our customers with the latest innovations in cryptocurrency miners and an overview of the machine to the Crypto mining community. This will provide our customers with the latest crypto-mining tools and insights to help you succeed in this ever-evolving industry.
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Follow these instructions to activate and enable JavaScript in Chrome. Frequently asked questions about DOGE Dogecoin was founded as a joke in December 2013 by a couple of software engineers from IBM and Adobe. Billy Markus and Jackson Palmer created Dogecoin together. Within 30 days, the price had risen 300% and Dogecoin.com had more than 1 million views. Dogecoin has a volatile history both in terms of price and being in the news. As a memecoin, much of Dogecoin's price action takes place when it is trending on social media.