Today I will introduce to you one that has existed on the Internet for a long time An electronic currency or cryptocurrency that is very hot recently That's Dogecoin DOGECOIN In fact, DOGECOIN is the Chinese Dogecoin But nowadays, people like to say that they are cute So I called it Dogecoin I’m going to introduce this video to you today The origin of Dogecoin, a cute and interesting cryptocurrency Then I will introduce to you the cultural significance behind it And I personally think the investment and financial meaning of Dogecoin Okay, if everyone likes my show Don’t forget to like, subscribe, and follow my show Actually recently, the reason why Dogecoin has grown so much It’s because of Tesla’s boss, Musk, that he bought a lot He has always been a big fan of Dogecoin Just because he bought it, many people watched it rise a lot In the end, I followed in.
After I entered, I found that the leeks were cut. Because the rise and fall of virtual currencies are very exaggerated Dogecoin is even more exaggerated Let's first look at what exactly is Dogecoin? In fact, Dogecoin is an imitated cryptocurrency We all know cryptocurrency, virtual currency The first thing that comes to mind is Bitcoin, because it has 21 million Then it goes through a series of algorithms and structures Formed such a currency Dogecoin is actually a virtual currency that imitates it It is very famous now, of course we can’t call it an altcoin But at that time, it did have the meaning of copycat In fact, Dogecoin is a branch of litecoin Created in 2013 Its creators are Billy Markus and Jackson Palmer They were supposed to make an internet joke I didn’t expect that after making Dogecoin But it was liked by everyone The cute head is derived from this little Shiba Inu SHIBA INU INU YASHA is one of my favorite cartoons So with these We have an understanding of the image of Dogecoin The power and value of Dogecoin is purely because An internal joke on the Internet is then driven by To form such a virtual currency Of course it also satisfies these algorithms Dogecoin has also attracted a lot of attention online Because it is very interesting and very friendly So many people are in their cryptocurrency investment portfolio Treat it as an atypical currency So as to make an investment purchase I don't think it is appropriate to use investment I think it might be more accurate to just call the purchase statement Then experienced explosive growth in the first few months of his release Even its total transaction volume was in January 2014 Briefly surpassed Bitcoin But the characteristic of cryptocurrency is that the market is extremely volatile The fluctuation of Dogecoin is of course very, very large Because it has been greatly influenced by social media So because of some changes in social media Or the sending of some articles will affect the price of Dogecoin For example, in April 2019 Tesla’s boss Musk said on Twitter Dogecoin is probably my favorite cryptocurrency, so cool As a result, his words greatly increased the price of Dogecoin In July 2020 The users on tiktok also pushed the price of Dogecoin Climbed to a dollar The price of Dogecoin has risen by 600% Actually the price of Dogecoin The current price should be around five cents If I said I would buy it I might buy it in four minutes or less Because its price fluctuations are too big Okay, here we know What kind of currency is Dogecoin? Let's share it now What is the cultural value of Dogecoin? First of all, Dogecoin is largely It is affected by the ebb and flow of social media For example, due to public opinion polls on Twitter I'm going to push Tesla's boss Musk To accept the appointment of the Dogecoin CEO And as I just said, in July 2020 There is an event on social media tikTok These users need to purchase a Dogecoin token for 25 USD This incident pushed the price of Dogecoin to a dollar The cultural significance of Dogecoin continues to spread to popular culture For example, there is a game, it is called dogeminer You can find it in google play It simulates the mining process of dogecoin Is a fun and approachable way Introduced players to a basic process of cryptocurrency mining Let many players know more about this crypto community Because we usually talk about virtual currency and crypto communities To be honest, everyone is talking, but in fact, everyone doesn’t understand There is such an approachable game I think it is also a very good meaning In addition, since Dogecoin is used as a currency How is it used? Actually this is very important Everyone must listen to me Dogecoin is not used as an investment or value saving Dogecoin can be said to have no practical value in any sense So far Its only use function is the form of tip and reward Especially in the network environment Many people are rewarding the creators of online content Will use Dogecoin For example, I think this person is doing very good things, and I want to give him a reward Then I might use Dogecoin at this time Then everyone thinks about it You see other people’s live broadcast will send yachts and flowers These are very similar Another point, Dogecoin has its charitable meaning Dogecoin has now supported countless donations Once, a reddit user named Nascar racer Josh Wise Identified as an up-and-coming racer The mascot of dogecoin is also printed on his entire car The Dogecoin community has also participated in many other charities For example, to 4 Paws For Ability Donated 25,000 U.S.
Dollars This is a training program for disabled children and veterans Service animal non-profit organization In addition, we donated more than 30,000 US dollars to help Athletes from India and Africa participated in the 2014 Winter Olympics in Russia Finally, there are more than 30,000 U.S. dollars donated to non-profit sports The campaign aims to adopt a program called Doge4Water Provide clean drinking water to Kenya So on an unofficial level, Dogecoin has a good record He started from a kind joke, funny thing Philanthropy Then we're done with this point Finished talking about this So here is how do we invest in Dogecoin? First of all, when I was buying Dogecoin so far Just use robinhood Although its reputation of robinhood is relatively poor But it is more convenient to purchase virtual currency So i just use robinhood If you like it You can use the link below my show to register This way you can also get free stock In addition, I would like to emphasize its investment significance Note that I just talked about Dogecoin In fact, there is no investment significance And the meaning of cash storage Because it’s just a white lie or a joke So I think when everyone invests You can also in your virtual cryptocurrency Just invest part of it as a play If you want to invest in Dogecoin To achieve a certain amount of income I personally do not recommend this behavior Because through my explanation just now, everyone should understand Dogecoin is a very well-meaning, very fun joke When you are investing I think if you have some extra money, you can buy it Note that it is not the percentage of your invested money But that you have rich money If you want to drink milk tea, don’t spend this money Can I buy Dogecoin? This kind of money is okay But if you want to use the money for investment and financial management to buy Dogecoin I personally think I don’t support it Okay, this is all the content of today's show If everyone wants to invest in stocks You can use the link below the program to register Sign up with a link like Far Traveler Both you and I can get some free stock Let's stalk the wool together Okay, let's see you next time, bye