A Cryptocurrency is a digital or virtual currency that takes the form of tokens or coins and works in a decentralized manner. It is secured by cryptography, and that makes it impossible to falsify.
Recently, cryptocurrencies started building a huge frenzy around them, with Bitcoin reaching a record high of $ 62,575 in April 2021. But now, another crypto named Dogecoin appears to be surpassing the popularity of Bitcoin.
Dogecoin was introduced by two software engineers Billy Markus and Jackson Palmer, in 2013. Initially being a joke, when Elon Musk pushed the crypto with his tweet that,” Dogecoin is the people’s crypto,” the crypto started to boom like anything.
It’s none serious vibe indeed made it an instant hit. Its price increased by around 216 percent in just 1 day between Jan 28 and Jan 29 after Musk’s tweet. The current value of Dogecoin stands at $ 27,082,512,136 and isn’t much behind the 2 most popular and valued cryptocurrencies, Bitcoin and Ethereum.
How To Buy Dogecoin in India:
One can buy Dogecoin on any crypto exchange platform which supports Dogecoin. Some crypto exchange platforms that support Dogecoin include BuyUcoin, Coinswitch, WazirX, etc.
Dogecoin can be bought with a Credit Card, Debit Card, Bank Transfer, Mobiwik wallet, Bhim, or IMPS Transfer. To mine Dogecoin, one needs to have Windows, Mac, or Linux on their PC.
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