Is Dogecoin A Good Cryptocurrency Reddit

May 26, 2021 Post a Comment

We all want this community and the market to grow. Today Dogecoin is no joke having exploded in value and gained more than 5000 in 2021.

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Understand that telling them I earned X amount in X days.

Is dogecoin a good cryptocurrency reddit. Unlike Bitcoin Dogecoin is inflationary and has no supply limit. 5 when it was priced at about 45 cents. Reddit users were sharing Dogecoin back and forth constantly which expanded the user base of Dogecoin and as a result increased its value as a cryptocurrency.

Dogecoins market cap has soared 380 over the past 24 hours and currently stands at 69 billion according to cryptocurrency tracker CoinMarketCap. The Top Reddit Stocks And Dogecoin Have Created Bubbles. In good times.

After he found it he went to a trusted financial planner and said I have 750k USD in Dogecoin. Its trading volume has surged 2200 in. Here is the story for those wondering.

Each minute 10000 Doge is added into the network. A one-month-old currency replaced DOGE as the most searched-for cryptocurrency in. The reason is because Reddit users are piling onto the cryptocurrency and buying up huge amounts of it to pump up the price.

Meme cryptocurrency Dogecoin DOGE has run up nearly 80 in a 24-hour period and is trading above the psychologically important 10 cent mark. Ive even seen a user state Dogecoin will be 2 soon. They are using this as short term profit or self entertainment because there is no long term adoptation compare to other crypto currency projects.

He remembered he had some shitcoins on his hold highschool laptop so he logged on and found his dogecoin core wallet that syncd up to 25m DOGE. The first and only rule of persuading people to invest in cryptocurrencies is dont. Bitcoin has a supply limit.

Im pretty stingy with money so not exactly on the leading edge of this stuff. Dogecoin has a market capitalization of about 14 billion making it the 33rd-highest valued cryptocurrency in the world according to crypto-tracking service CoinGecko. Each minute 10000 Doge is added into the network.

Among its boosters is Tesla CEO Elon Musk who called Dogecoin his favorite cryptocurrency. Contessoto was intrigued by dogecoin. The cryptocurrency was created as a parody in 2013 but it surged over 50 on Thursday after Elon Musk tweeted his support and it also had the attention of Reddit group SatoshiStreetBets in January.

DOGE traded 799 higher at 013 at. Dogecoin a digital coin originally founded as a joke soared over 800 after a Reddit board talked about making it the cryptocurrency equivalent of GameStop. A client bought personal training services and paid digitally and he was quite impressed with the ease of the process as it was also his first retail crypto purchase.

Humor will never get old nor go out of style. Just had a 600 Dogecoin sale at my business my first successful transaction for business services with cryptocurrency. In order for the Circulating Supply Bottom Number to go down they would have to stop mining dogecoin but there is 144 Dogecoins being produced in one day which is 5 Billion Dogecoin a year.

Hey guys was hopping for a super basic explanation of what crypto currency really is and why it may be a good investment. No coins can ever be added above 21 million so it is considered a good store of value. As Dogecoin has hit 045 recently Ive seen a lot of members in this sub argue back and forth why Dogecoin is a good investment.

Unlike Bitcoin Dogecoin is inflationary and has no supply limit. At this rate miners add more than 5 billion coins per year. After learning about the meme cryptocurrency on Reddit Contessoto says he invested over 180000 in dogecoin on Feb.

No coins can ever be added above 21 million so it is considered a good store of value. I also understand that you want your friends and family to catch this golden opportunityBut persuading them to put their money in something theyre uncommitted to leads to FUD and paper hands. People literally dont understand the value of memes.

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