Dogecoin (DOGE) – Billionaire365

Dogecoin (DOGE) Surged Again And Is Now Ranking 17th In The Cryptocurrencies Market

Dogecoin began as a joke but has become in recent weeks a phenomenon in the cryptocurrencies market. Dogecoin (DOGE), the meme cryptocurrency, which emerged without an Initial Currency Offer (ICO) and a foundation to support it, has taken a relevant boost that helped it exceed 95% of the cryptos regarding daily trading volumes. Also, Dogecoin (DOGE) is now ranking 17th in the cryptocurrencies market.

According to the OnChainFx portal, Dogecoin (DOGE) maintained yesterday the second trading volume in the market, just behind Bitcoin (BTC). In this time, Dogecoin (DOGE) scored a trading volume of three times larger than Ethereum (ETH) and 20 times higher than Bitcoin Cash (BCH).

The value above refers to the volume of transactions as the sum of all operations belonging to the mined blocks on a given day, ignoring known outflows.

Dogecoin (DOGE) has experienced a 160% growth over the last month, which has caught the attention of every cryptocurrency enthusiast and analyst. The DOGE’s considerable increase was also debated by Canadian crypto expert Kevin Rooke, who stated that “Dogecoin may have started as a joke, but his community is now the envy of the cryptocurrency.”

Dogecoin (DOGE) is ranking 17th in the cryptocurrencies market

The recent surge of Dogecoin (DOGE) price and trading volumes boosted the cryptocurrency on the 17th position in the market, by market capitalization, surpassing more active cryptos such as Zcash (ZEC), VeChain (VET), NEM (XEM), or Tezos (XTZ).

At the time of writing, DOGE trades at $0.0064 and total market capitalization of $745,983,881.

Dogecoin (DOGE) was created by Jackson Palmer and Billy Markus and introduced in 2013 as a fork in the Litecoin (LTC) blockchain. Its logo shows a Shiba Inu dog, a breed famous because of the Internet meme “Doge.”

In January 2018, Dogecoin surpassed $1 billion in capitalization in the midst of the skyrocketing cryptocurrencies market. In June of this year, the Dogecoin (DOGE) community and the developers met in Vancouver, in Canada, to celebrate the creation of Dogecoin and discuss the present and future of the project. Apparently, their discussions paid off, at least for the moment.

Anna Galvez

Robinhood Cryptocurrency Platform Adds Support For Dogecoin (DOGE)

The US-based cryptocurrency exchange company Robinhood has announced the addition of support for Dogecoin (DOGE) on its Robinhood crypto platform, as reported in an article published yesterday, cited by Cointelegraph.

Dogecoin (DOGE) joins Litecoin (LTC) and Bitcoin Cash (BCH) as latest additions to Robinhood crypto platform

Allegedly, Dogecoin (DOGE) is a peer-to-peer cryptocurrency that was first developed as a joke regarding the dog meme inspired by a real Japanese Shiba Inu known as Kabosu.

Dogecoin (DOGE) was launched in December 2013 and has a current market capitalization of around 331 million dollars based on Coinmarketcap. With this addition, DOGE has entered the Robinhood crypto platform where there are Litecoin (LTC) and Bitcoin Cash (BCH), already, both being added last week.

Dogecoin (DOGE) has no limitations in terms of the number of coins that can be mined, with over 115 billion coins already in use. DOGE achieved a market capitalization of $1 billion in January 2018 when it was worth more than the Japanese yen reported to the USD.

Robinhood cryptocurrency trading company was rumored in June that it’s developing its proprietary crypto wallet

Robinhood introduced Bitcoin (BTC), and Ethereum (ETH) trades at zero fees for the first batch of customers on its Robinhood crypto platform in February 2018. Robinhood crypto is now available in 17 different countries, supporting five cryptocurrencies and real-time market data.

In June, Bloomberg announced that Robinhood is in discussions with the Office of the Comptroller of the Currency (OCC) to secure a banking license. Based on well-acquainted sources, Robinhood seeks to provide financial services such as checking and savings accounts and surpass the competitors from traditional banking with better interest rates and a unique banking services platform.

Also, the company was rumored in June when job ads for cryptocurrency engineers popped up that it’s developing its own crypto wallet.

Anna Galvez