How to buy Dogecoin on Coinbase

For those who haven’t heard of it yet, Dogecoin is now available on Coinbase. It is one of the most talked about cryptocurrencies and has recently leapt into one of the most popular trading platforms of crypto. But is it worth it? How do I buy it? Here is a summary of everything you need to know.

What is Dogecoin?

Dogecoin was created in 2013 to enjoy Bitcoin by software engineers Billy Markus and Jackson Palmer.

It was named after a popular meme character – the broken English-speaking Shiba dog. Dogecoin began as a joke cryptocurrency that was trading for less than a cent until its sharp rise.

Created to ridicule those who initially invested in things they didn’t understand, Dogecoin’s market cap at one point reached around $88 billion, making it one of the 10 largest cryptocurrencies.

This joke coin, which exploded in value in 2021, is called “the people’s crypto” via Elon Musk, and there is a passionate community behind it.

As mentioned earlier, Dogecoin was created in December 2013 by programmer Billy Markus from Portland, Oregon.

First introduced in the joke password currency, Dogecoin (DOGE) is now a very popular password currency with many online followers.

It is also famous for its logo inspired by Shiba Inu’s MIM capacitors. The original plan was to limit Dogecoin to 100 billion coins. However, it has since determined that there is an unlimited supply of Dogecoins.

One of Dogecoin’s greatest benefits lies in its well-funded and enthusiastic community. In particular, supporters have raised funds to use the Jamaican bobsled team for the Sochi Winter Olympics and to support NASCAR driver Josh Weisz. Dogecoin is also used in the form of a chip by the community on platforms such as Reddit and Twitter.

source: https://magazinegen.com/3455/how-to-buy-dogecoin-on-coinbase/