You must have heard a lot about Bitcoin. But what have you heard about Dogecoin? It is also cryptocurrency like bitcoin. But not as famous as bitcoin– as yet. Gradually, its name is increasing in the market. Available for less than a rupee in 2021 this coin has surged to more than Rs 50 per coin. Buoyed by billionaire Elon Musk’s frequent mention the crypto currency initially created as a joke has become the third biggest crypto currency after Bitcoin and Ethereum.
This currency, which was going on in oblivion, is in the headlines nowadays. The reason is a tweet by Elon Musk. In the tweet, Musk shared a painting made by an artist from Spain. Actually this painting is of the surface of the moon on which a dog is barking.
Talking about the discussion on social media, Dogeoinn is not far behind from Bitcoin. Within 24 hours, the prices of DodgeCoin have risen by more than 112%. Right now this cryptocurrency is running around $0.70 or just above 50 Rs. In the era of cryptocurrency, people are also investing money in Dogecoin. Since there is no hassle of banks etc., there is no tension in buying and selling, so people are investing a lot in it.
How old is the currency
Dogecoin was launched in the year 2013. At that time a lot of mockery of this currency was made. It was also said that it does not have a future and this idea will getdropped in the future. However this did not happen and in the Corona period it has emerged as the choice of manny people. People related to business masters, tech giant, social media influencers and industries have started taking interest in it. Elon Musk, CEO of SpaceX, is said to be a big fan of Decocoin. In February, Musk wrote in a tweet, “Dogecoin is the People’s Crypto”, after which it saw a 75% jump in its prices.
How to buy Dogecoin?
Dogecoin is acceptable on many business platforms, so that goods can be bought and sold. At present, there is about 17 billion dollars of dogecoin all over the world. You can buy it online from crypto exchange. Many platformslike Coinbase, Robinhood, Kraken offer it. Incase you are from India and you are interested in Dogecoin then you look upto WazirX. You will need cryptocurrency wallet before purchasing it. It will be found on the official website of the exchange selling crypto.