As per the sources, we came to know that there was a surge in Dogecoin after Elon Musk said that Tesla merchandise can now be purchased via Dogecoin. According to his recent tweets, we can also buy SpaceX merchandise as well. Elon Musk in the past had a Tesla Whistle that was sold out within 24 hours after it was announced to be available on the Tesla website. According to the sources, The Dogecoin price is $0.08, a change of 4.90% over the past 24 hours as of 9:31 p.m. The value was $0.09 (highest), today. The surge occurred between 20:50 and 21:00.
Doge is the native cryptocurrency of dogecoin, a satirical cryptocurrency based on a Shiba Inu dog meme that became viral on the internet. The crypto project was first designed solely to ridicule other cryptocurrency initiatives that were being released at the time. The cryptocurrency is effectively a carbon duplicate of Litecoin’s code and, like all other digital assets, can be used to transfer value over the internet. Doge was never intended to be anything more than a simple blockchain-based payment system, but it quickly gathered a devoted following of supporters who discovered and developed additional uses for it.
One of these was a third-party online tipping service, which led to doge being a popular tipping coin on the social media network Reddit, as well as using dogecoin to sponsor charity causes. As per the sources, dogecoin’s creators did not hold a public sale or “premine” coins before the token’s release. Instead, a 100-billion-coin total supply cap was imposed, and anyone with a laptop or smartphone could start mining doge right once.
