What is DogeCoin?
Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Introduced on 8
December 2013 dogecoin has quickly developed its own online community and
reached a capitalization of US $60 million in January 2014; and by May 2017, it had a capitalization of US $140 million. Dogecoin currently has over 109 Billion coins in circulation (as of May 2017) with 5 Billion more coins minted every year, with no upper limit. It has a BlockChain ledger of all transactions going back to Decemeber 2013, similar to BitCoin and other crypto currencies.
Digital Currency (Crypto Currency) is quickly becoming a niche investment opportunity. It is a very different, speculative investment to most other types of investment. It may not offer quick returns, it may indeed not offer any return on investment, or it may even lose you money. But, you never know. It may just go through the roof! It just might!
DogeCoin is an alternative crypto currency to BitCoin. It does not have the massive Market Cap valuation that BitCoin has, but it is affordable right now for the modest investor. I wonder how many people wished they could have gone back in time to purchase a couple of million bitcoin, when they were valued at a fraction of a penny?
DogeCoin is completely separate from BitCoin and not related in any way whatsoever, but having said that, It has however been in the market place for some years now, which is more than can be said for a lot of crypto currencies. Many people thought that DogeCoin would have disappeared long before now. But it hasn't. The fact is that DogeCoin just could be the next big Crypto Currency Coin. Is it worth a dabble? You decide!
If you don't already have one, you can create a digital wallet by downloading a suitable application at DogeCoin.com
Or opt for a Paper Wallet at: Wallet Generator.
DogeCoin Block Chain
The DogeCoin Block Chain is where all transactions are recorded and stored. You can confirm the balance of your doge coin wallet address by searching for your wallet address on the DogeCoin Block Chain.
Current Market Price of DogeCoin
You can check the current spot price of DogeCoin and other crypto currencies at CoinMarketCap.com