Dogecoin is a first-generation cryptocurrency that can be used to transfer value globally in a secure manner. Famously, Dogecoin features the Shiba Inu from popular internet memes. The decision to use this character was brought on by the developer’s desire to keep the project light-hearted. Like Bitcoin and Litecoin, the main purpose of this coin is to allow for peer-to-peer transactions to occur in a censorship-resistant manner. As of late, Dogecoin has seen considerable coverage in the media due to huge price hikes. As you are about to learn, this isn’t the first time this blockchain network has burst into the limelight.
There are a lot of benefits that Dogecoin brings to the market. For one, you can use this coin just like Bitcoin to quickly and securely send value to anyone internationaly. Over the last few years, the coin’s network has increased, and now, more vendors than ever accept this unique token.