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Dogecoin: Is The Hype REAL?? This You NEED To Know!! 🐢

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πŸ“Ί Ethereum Vid πŸ‘‰
πŸ“Ί Tokenomics Vid πŸ‘‰
πŸ“Ί 21 Million Reached πŸ‘‰
πŸ“Ί Charles Hoskinson on Doge πŸ‘‰


0:00 Intro
2:17 What’s Dogecoin?
6:12 Dogecoin Use Circumstances?
10:22 Why DOGE Pumps?
14:16 Who Invests in DOGE?
16:44 Can it Attain $1?
20:33 Implications for Crypto
23:02 Conclusion


⛓️ πŸ”— Helpful Hyperlinks πŸ”— ⛓️

β–Ί DogeCoin Wealthy Record:
β–Ί Merged Mining:
β–Ί Billy Warning DOGE:
β–Ί Potential Updates:
β–Ί Dogecoin Issues:
β–Ί Doge Millionaire:
β–Ί Historical past of Dogecoin:


πŸ“ What’s Dogecoin? πŸ“

It was based by two engineers referred to as Billy Markus and Jackson Palmer. Markus labored at IBM and Palmer at Adobe

So, Dogecoin was the self depricating instance of a clone coin attempting to be the “subsequent Bitcoin” and on the sixth of December 2013, the primary block was mined

Dogecoin relies off of a proof of labor cryptocurrency referred to as ‘luckycoin’. This was truly a fork of Litecoin which is why Dogecoin could be merge mined with Litecoin

Block rewards may very well be anyplace from 1 DOGE per block all the best way as much as 1 million DOGE per block. I must also level out that there was no premine to Dogecoin

The builders then determined that they might take away the randomness part altogether and the block reward was fastened at 10,000 DOGE per block. Since a Dogecoin block is mined each minute, this meant a provide development of 5.2 billion DOGE

In terms of community effeciency, Dogecoin can deal with round 30 transactions per second which suggests a transaction time of about 5 to 10 minutes. The typical transaction charge is about 1 cent

πŸ“ˆ Why Dogecoin Pumps πŸ“ˆ

– Meme Tradition
– Social Media
– Elon Musk
– Robinhood

We stay in an age of memes. It subsequently is sensible {that a} Shiba inu meme like Dogecoin would take off so nicely. It is immediately relatable and simple to recollect

As we all know, social media is ready to amplify memes and make them go viral. Memes feed on themselves and supercharge that engagement. That is particularly the case with TikTok the place it has been trending essentially the most

You even have the impression of Elon Musk and all of his professional Dogecoin tweets. Elon has been driving the Dogecoin meme like no person’s enterprise. Certainly, you possibly can virtually completely monitor the value pumps in Doge to his tweets about it

Then you’ve Robinhood which signifies that it’s a lot simpler for these newbies to put money into DOGE by way of a easy buying and selling interface

πŸ€” Why They Make investments πŸ€”

There are three sorts of Dogecoin investor. You’ve gotten these which can be investing purely as a result of they’re having fund and benefit from the memes. They know the dangers and are more than pleased to participate within the pumps / dumps.

Then you’ve these which can be merely investing as a result of they actually suppose that it may very well be the following world forex. They comply with each one in all Elon’s tweets and are usually not taking ample threat administration steps. These seem like essentially the most dominant

When these traders take out these dangers they push up the value of DOGE and this creates a suggestions loop. Folks suppose that the value efficiency is indicative of a beneficial crypto.

πŸ€” Implications For Crypto πŸ€”

When persons are burned, there will probably be a number of inquiries. These will come from regulators and politicians who will need to goal crypto normally for the failings of DOGE

This was raised by Charles Hoskinson in a current video of his the place he took challenge with the truth that so many noobs have been piling into DOGE. There will probably be implications


πŸ“œ Disclaimer πŸ“œ

The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any explicit consequence.

#Dogecoin #DOGE #crypto #dogeday #elonmusk #robinhood #TikTok

Source: Coin Bureau

48 Responses

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  2. dogecoin is here to face the traditional banking system and show them, even with a meme, they are getting wiped out. im not a big doge-fan (hodler for sure) but i think the younger generation doesnt care about its a meme or not.

    you will be able to pay with dogecoin one day

  3. πŸš€πŸš€πŸš€ The team that created Shiba Fight Token – $SHIBF, a member of SHIBA family, is giving away $1,000 worth of reward to grab! This could be the next SHIBA. Don't miss out! Join their pre-launch event now from their website @t

  4. Perhaps you didn't make the connection so I will make it for you. Robinhood has to maintain at least 2 LARGE wallets in order to act as an exchange for Dogecoin. As a result, at least 4 of those wallets are owned by Robinhood and the WeBull partner. Just when I thought I had found a smart and honest cryptocurrency channel.

  5. Doge πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸΊπŸΊπŸΊπŸΊπŸΊπŸΊπŸΊπŸΊπŸΎπŸΎπŸΎπŸΎπŸΎπŸΎπŸΎπŸΎπŸΎπŸΎπŸΎ
    The same thing was said about BTC ,I just saying

  6. POW is a good thing. Why do you not want random people having a chance at mining a block instead of giving it to the mining whales because the have the most hardware? Dont kill the freedom of it.

  7. I think crypto was originally invented for crooks to hide/trade their ill gotten gains, dragging the rest of the investing world, spirally down a bottomless pit…

  8. This channel has really shown the amount of newcomers to the crypto world. Half the comments think this is an "in-depth analysis of doge" and the other half think that doge actually has a future. It's almost sad how many people think that channels like these are "research". It's not the creators fault, he is making bank by simply giving a cliff-notes version of whatever coin is popular at the time, all the while shilling ethereum so subtly that no one even notices. Where are all the "Doge to1$" people at right now? Yeah, holding a bag of dog shit. If you would have bought almost any other crypto with real utility such as Link, Ada, Uni, any NFT's, etc… than right now you would not be sitting in a circle jerking off to pictures of cute dogs while chanting about Elon and the Moon.

  9. Honestly, asides from the crypto analysis and crypto info witch i consider to be way above the average crypto content on this platform, the quality of the channel and the way it's structured is top notch.

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