Home
News
- DOGE could become the number one crypto
- Created as a joke, DOGE has come to stay
- Very dear to Tesla CEO Elon Musk
Dogecoin (DOGE) will become the future Bitcoin, according to coinmarketcap.com. The site outed a survey conducted by gaming entertainment site Gamblers Pick. It revealed that a fourth of American individuals consider meme cryptocurrency Dogecoin (DOGE) to be the ‘next Bitcoin.’
The lack of knowledge about crypto education has not dampened the enthusiasm about cryptocurrency. One in four Americans believes that DOGECOIN can become the numero uno and dislodging Bitcoin from the top slot. One thousand individuals were included in the survey from different sections of the society. It had more than 60% millennials, 22.6% Gen Xers, and 10.7% baby boomers.
Doge today, Doge tomorrow
Dogecoin was conceived as a joke by Jackson Palmer in 2013. Jackson wanted to create a payment gateway that was instant, fun, and free from the traditional banking fees. coinmarketcap.com reports that the network has a block time of one minute. 10,000 DOGE ($6,000 as of today) are produced and rewarded to miners each minute. Palmer himself left DOGE; his creation and sporadic development continue to occur on the cryptocurrency.
Tesla CEO Elon Musk- A blind supporter
However, this did not prevent users from investing in the Doge-themed crypto. DOGE was further helped by the tweets of support by Tesla CEO Elon Musk, who served as a source. Elon even said that he wants to put a literal Dogecoin on the literal moon. Musk is a blind supporter of the affable crypto and makes no bones about it. He has even accumulated some coins for his youngest child, according to coinmarketcap.com.
Gene Simmons and webcam model Mia Khalifa also enamored by DOGE
Other celebrities also voiced their support, including bassist Gene Simmons and webcam model Mia Khalifa. Their action has helped to surge the value of DOGE and afforded a high degree of respectability. The crypto coin has a market cap of $88 billion.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
