Dogecoin

While Dogecoin has been used for several massive projects and has a market capitalization far greater than that of other coins, the cryptocurrency started life as a joke. Jackson Palmer, one of the founders of DOGE, made his intentions clear right from the very beginning. He wanted to show that people invested in crypto coins without doing any research. This led to the creation of a coin without ambitions or a roadmap, and where a meme of a dog would be used as the logo. The irony was that Dogecoin quickly became one of the largest cryptocurrencies on the internet. The development of the Dogecoin has been at a standstill for more than two years and much is written about the fact that Dogecoin, therefore, has no future. We are a little more reserved when it comes to predictions about the future of Dogecoin. The coin is unbelievably popular among people who want to start buying cryptocurrencies and is also frequently used to deposit in online casinos. Palmer’s words are often quoted to indicate that the coin has no right to exist. Reference is made to the volatile market and that Dogecoin could be a thing of the past soon. While this is all true, it is no reason to carry the Dogecoin to the grave. DOGE is not set up as a complete platform where developers and companies can come together. And it is certainly not intended to set up smart contracts on the blockchain. Even if the initial idea behind the DOGE was partly a joke, it has developed into something that some might consider a valid currency that is used for payments globally.