In our recent article, we talked about Bitcoin, and is there any scope for bitcoin investors? But now we are back again with some of the altcoins which have to catch a boom in these recent days. I know you might be pretty sure about the coin. They have surpassed many of the large companies which are working for a long time. But they have taken the place of number one in a limited time only. So, Today we are going to talk about the most trending coin called Dogecoin. So, let us get started with Dogecoin, To The Mooooon!!!
Dogecoin was created by software engineers Billy Markus and Jackson Palmer as a mode of payment. It is also known as meme coin as it was created for fun and fast payments. Dogecoin depicts the face of the Shiba Inu dog as its logo and name. This coin was introduced on December 6, 2013. Thought the owner of the Dogecoin step back and got out of the Dogecoin and bought a Honda Civic for all the Dogecoin he had. But, now he might have realized that he shouldn’t have come out of this. As of now, Dogecoin is leading many companies like Adidas, Nike, Reliance
Now, why is the coin trending like anything? This is because this can have the back support of Elon Musk and Team SpaceX. Elon Musk has tweeted many times about bitcoin and dogecoin in recent times. Their company Tesla has also started accepting payments in the form of Bitcoin.
ALSO, READ- What Is Bitcoin? Is There Any Future In It?
Recent Tweet From Elon Musk
Recently Elon Musk tweeted about the launch of a satellite named Doge-1. The satellite will be launched next year. This is the first time when a satellite is named on any cryptocurrency and that to Dogecoin which has the largest market share. This will be the 1st crypto and 1st meme which will be sent into space. You can check out the tweet made by Elon Musk below:-
Though cryptocurrency doesn’t have any base so it is risky to invest in it. But this time you are getting secured for a year that will be a satellite launch on Dogecoin. Hence there cannot be any risk for 1 year. So now it is on you whether you invest or not.
So, guys, this is the end of the article. I hope you must have got to know why Dogecoin is getting that much trend. Basically, that is because of Elon Musk. Soon we will be seeing the first crypto into space. Subscribe to our newsletter to always get updated on our new post and trending technology. Till the time STAY SAFE AND STAY AT HOME.