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A lot can be said for stablecoins at the moment, as despite market cap losses, they are still growing. This is demonstrated in particular by Tether (USDT), which has surpassed the $60 billion market capitalization mark. As well as USD Coin (USDC), which sits in the top 10 most valuable cryptocurrencies by market cap in tenth place.


info. https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/tether-usdc-hit-milestones-stablecoin-112004189.html

It is not bitcoin or ether, but tether which is the most traded cryptocurrency today. Commonly denominated as USDT, tether is a stable currency, which can be redeemed for a dollar. In other words, if one holds 100 USDT, they can redeem it for $100. Founded in 2014 by Brock Pierce, Reeve Collins, and Craig Sellars, tether is called a ‘stablecoin’ since it is pegged to the US dollar. The need for tether came in when it was difficult for exchanges and companies to hold sovereign currency. In order to hold fiat money (sovereign currency) on behalf of the user, the exchange needed to have a license. The need was aggravated by the need for traders to be able to easily move between crypto and fiat. And thus tether was invented.

Traders use tether as a substitute for dollars. It can easily be transferred between exchanges or people, instead of transferring money through banks. Tether is easy to buy and sell and is available at the place you buy your cryptocurrencies. Tether is also often used as a way to hold money on exchanges when traders feel the market is extremely volatile.


info. https://www.google.com/amp/s/www.livemint.com/money/personal-finance/tether-changed-the-way-we-look-at-cryptocurrencies/amp-11609085275084.html

As soon as Angela White Tweeted that she is HODLing her DOGE since 2014 on Friday i:e at the very start of the new year we have seen the coin more than doubled since then. Within three days it reached the peak of $0.014 on Sunday, the spike is very similar to when Elon Musk tweeted.

Dogecoin is one of the trending cryptocurrencies, which is grabbing a critical spot in the crypto space. Dogecoin is a high value buy for 2020 as predicted by experts. But recently it is going through turmoil as there is a lack of Dogethereum (a bridge between dogecoin and ether chains), the project which has a lot of potentials to grow. Dogecoin aims to become the default crypto for merchant payments in this year itself, which will eventually lead to greater gains. After the live demo of Dogethereum, the adoption rate of DOGE has increased.

Currently, Dogecoin (DOGE) is trading at $0.05501 with DOGE price 2.70% up today. The market cap of Dogecoin is USD 7,068,538,272 with 128,523,145,008 DOGE circulating currently. The 24-hour price movement chart indicates that $3,519,645,788 worth of DOGE were trading.


info. https://seo spamnews/dogecoin-price-prediction-2020-doge-price-may-touch-0-0186-usd-in-2020

As soon as Angela White Tweeted that she is HODLing her DOGE since 2014 on Friday i:e at the very start of the new year we have seen the coin more than doubled since then. Within three days it reached the peak of $0.014 on Sunday, the spike is very similar to when Elon Musk tweeted.

Dogecoin is one of the trending cryptocurrencies, which is grabbing a critical spot in the crypto space. Dogecoin is a high value buy for 2020 as predicted by experts. But recently it is going through turmoil as there is a lack of Dogethereum (a bridge between dogecoin and ether chains), the project which has a lot of potentials to grow. Dogecoin aims to become the default crypto for merchant payments in this year itself, which will eventually lead to greater gains. After the live demo of Dogethereum, the adoption rate of DOGE has increased.

Currently, Dogecoin (DOGE) is trading at $0.05501 with DOGE price 2.70% up today. The market cap of Dogecoin is USD 7,068,538,272 with 128,523,145,008 DOGE circulating currently. The 24-hour price movement chart indicates that $3,519,645,788 worth of DOGE were trading.

Table of Contents
What Is Dogecoin (DOGE)?
Market Prediction For Dogecoin Price 2020
Dogecoin Price Prediction 2020
Dogecoin Price Prediction 2025
Dogecoin Price Prediction 2030
Dogecoin_Price_Prediction_2040
Frequently_Asked_Questions
About CoinSwitch
What Is Dogecoin (DOGE)?
 Dogecoin is a peer to peer, decentralized and digital currency that allows you to send money online easily. Dogecoin was initiated as a joke, but who knew it would become so significant in the crypto world. The Doge cryptocurrency is even used by retailers to accept payments. Its logo is a dog, that’s their friendly mascot which also makes them so much more likable among the social media crowd. It is a Shiba Inu, a Japanese breed of dog that shot to fame as an internet meme and represents the Doge crypto.


info.  https://seo spamnews/dogecoin-price-prediction-2020-doge-price-may-touch-0-0186-usd-in-2020

Quality storage is essential to keep your digital currency safe
We publish unbiased reviews; our opinions are our own and are not influenced by payments from advertisers. Learn about our independent review process and partners in our advertiser disclosure.
BY ERIC ROSENBERG Updated May 11, 2021
While the concept of Bitcoin may be new to some, this well-known cryptocurrency has been around for more than a decade. Bitcoin (BTC) is one of many digital currencies that have become fairly common investment holdings among tech-savvy households.

Proponents of cryptocurrencies argue that digital currencies are easier and safer, and come with better privacy, than traditional currencies. Because of its limited supply, Bitcoin has shown up on some people’s radar as an investment opportunity as well. Even the widely used PayPal mobile app is offering an option to buy, sell, and hold cryptocurrencies in its wallet. However, it should be noted that cryptocurrencies are still risky investments.

In short, a Bitcoin wallet stores a collection of bitcoin private keys. Typically, the wallet is password- or otherwise protected from unauthorized access. A Bitcoin wallet is controlled solely by its owner, not distributed and shared like blockchain technology.

Best Bitcoin Wallets of 2021
Best Overall: Coinbase
Best for Hardware Wallet for Security: Trezor
Best Hardware Wallet for Durability: Ledger
Best for Beginners: SoFi
Best for Free Buying and Selling: Robinhood
Best for Mobile: Mycelium
Best for Desktop: Exodus
All of the providers included in this article can help investors gain exposure to bitcoin and other cryptocurrencies. However, not all of the providers listed below meet the strict definition of a bitcoin wallet, as many do not permit users to deposit or withdraw cryptocurrency from their account. Some of these providers may also subject investors to increased risk of loss from hacking. To better understand the risks involved, be sure to read the full provider sections below.

BEST BITCOIN WALLETS
Coinbase
Trezor
Ledger
SoFi
Robinhood
Mycelium
Exodus
FAQs
Methodology
BEST OVERALL
Coinbase


info.  https://www.thebalance.com/best-bitcoin-wallets-4160642

TRX is a popular cryptocurrency that operates on the Tron blockchain, where it acts as the chain’s native currency. It was originally developed as an ERC-20 token during the crypto surge of 2017, only to migrate to its own chain upon its completion in mid-2018.

Tron’s long-term goal is to revolutionise the entertainment industry, mostly through gaming, torrenting and other similar community-oriented activities where it provides the ability to conduct microtransactions. That way, consumers can connect directly to artists and developers and enjoy their content in return for a small fee, often only a few cents higher, or lower – enough for consumers to not really feel like they are paying anything, but also enough for artists and developers to make a decent earning, provided that they have a certain following.

The project also functions as a development platform that dabbles in smart contracts, dApps, DeFi, NFTs and other popular trends. As such, it is one of Ethereum’s rivals, despite the fact that this is the blockchain on which it originated. However, Tron is much faster and more convenient than Ethereum, not to mention its lower fees.

Tron was developed by Justin Sun, who is its acting CEO and the face of the project. Since he created it, Sun was not shy to highlight Tron’s potential and possibilities that the blockchain and its native coin can bring to the entertainment industry. However, the TRX price has mostly struggled to grow since its crash in 2018, during the crypto winter. This is why its recent surge is extremely important.

TRX price history and analysis
TRX emerged in mid-September 2017, and for the first few months of its existence, its price had not seen any notable movement. It mostly fluctuated between $0.001 and $0.002 until it finally started to rise in mid-December of that year.


info.  https://www.google.com/amp/s/capital.com/amp/trx-price-prediction-ready-to-hit-new-highs-in-2021

Bitcoin is going through another massive price pump, rising from $19,000 in December 2020 to just over $48,000 earlier this week. Other cryptocurrencies have come along for the ride, and one of the odder beneficiaries has been Dogecoin—heavily promoted on Twitter in the past couple of weeks by Tesla CEO Elon Musk.

In the early 2010s “altcoin” scene, lots of Bitcoin fans created their own magical internet money, so they too could get rich for free: copy the Bitcoin software, change a few details, and launch a new coin that you could trade for bitcoins. Dogecoin (pronounced “dozhe-coin”) was a slightly tweaked copy of Litecoin, which was a slightly tweaked copy of Bitcoin. Dogecoin started in December 2013, at the peak of the first big bitcoin bubble.

Dogecoin was originally a joke cryptocurrency, taking its name from the “doge” internet meme: a picture of a shiba inu dog talking in Comic Sans font. The idea was to have fun and be silly with a cryptocurrency that was cheap enough to mess around with—each coin was worth a fraction of a cent. Dogecoin fans (nicknamed “shibes”) gathered on the Reddit forum /r/dogecoin. They would tip each other dogecoins for amusing comments.

(For full disclosure, I owned six dogecoins—which I did not pay for—in 2014, though they were deleted when I reformatted my laptop and couldn’t be bothered moving the coins over. If I’d just held, I could have made a whole dollar earlier this week.)

The forum got into charity. They raised nearly $30,000 of dogecoins in January 2014 to send the Jamaican bobsled team to the 2014 Winter Olympics. Doge4Water raised $32,000 to supply clean water in Kenya. They did this just by creating their own magical internet money, selling it for bitcoins, then selling the bitcoins for dollars—which was surprisingly feasible at the height of a bubble.


But even fun money is money, and a toy cryptocurrency can be turned into real money; the supply of gullibility is deep, if not infinite. So the shibes started dreaming of getting rich for free—and the hucksters moved in.

A fellow called Alex Green joined Dogecoin. He set up a cryptocurrency exchange in the United Kingdom called Moolah, to handle dogecoins as well as other cryptocurrencies. Most /r/dogecoin users tipped single dogecoins, worth a fraction of a penny—but Green gave tips of thousands of dollars. Green started selling shares in Moolah on /r/dogecoin. He threatened to sue the original Dogecoin founders for harassment, for questioning his use of /r/dogecoin in this way.

Moolah shut down in October 2014, and Green disappeared with the money. It came out that he was actually serial scammer Ryan Kennedy, who had a long history of creating scam start-ups that raised funds and vanished. As well as a serial scammer, Kennedy turned out to be a serial rapist; he was convicted in May 2016 of three counts of rape, and jailed for 11 years.

The remaining Dogecoin community recovered—though the founders had long since been driven away—and continued playing with their coin, unnoticed by the world.

READ MORE

Several hundred white supremacists carrying tiki torches march through the University of Virginia campus in Charlottesville on Aug. 11, 2017. (Evelyn Hockstein/For The Washington Post via Getty Images)
Neo-Nazis Bet Big on Bitcoin (And Lost)
Work stopped on the Dogecoin code; the software was barely even maintained. In the cryptocurrency trading markets, dogecoin was just another altcoin: a low-volume, near-worthless token that gamblers and day traders could swap for other cryptocurrencies, in the hope of making a few pennies.

Cryptocurrencies aren’t useful for anything except trading. The markets are thinly traded, and regulators are all but absent. So manipulation and price-pumping are endemic. “Pump and dump” rings have been around since these digital coins could first be traded for money. The recent bitcoin price rise was, for a long while, curiously lacking in ordinary retail trading volume, until the numbers were high enough to attract press headlines and make the public think something real was going on there.

When the Reddit forum /r/wallstreetbets successfully drove stock in GameStop to all-time highs in mid-January, cryptocurrency pumpers saw the audience they’d been hoping to see for a long time: people who didn’t understand what they were doing and who would put in their own money thinking they were striking a blow against the big guys, while “having fun” doing so.

On Jan. 19, rapper Soulja Boy—most recently known for his involvement in the Fyre Festival debacle—was paid by an unknown party to record a Cameo video advertisement for Dogecoin. He later talked up his cryptocurrency portfolio on Twitter.


On Jan. 28, a Twitter user called “WSBChairman”—who claimed not to be affiliated with /r/wallstreetbets—picked dogecoin as the next potential asset to pump, and the forum followed through. The price of dogecoin rocketed up. Musk, a tech CEO and obsessive Twitter user, tweeted a mocked-up magazine cover called DOGUE and put “$DOGE” in his Twitter bio. Dogecoin rocketed up—and then crashed the next day. But with continued attention from Musk, the price of this near-dead and unmaintained altcoin soared over the following week.

Psychologists have long understood that extrinsic rewards for behavior tend to swamp intrinsic rewards—that if you hook social behavior to money, it immediately becomes all about the money.

On Reddit, users get “karma” points—a score calculated from up or down votes on their posts and comments. These are meaningless internet points. But in 2020, Reddit decided to experiment with “community currencies”—karma points, but as tokens running on the Ethereum blockchain that you could potentially sell for money.

A small version of community currencies was rolled out on /r/ethtrader, the trading forum for Ethereum’s cryptocurrency, in 2019, and a completely predictable disaster ensued. The coins, called “donuts,” affected forum governance and added more weight to users’ votes on polls—so companies astroturfed to farm coins. Moderators changed rules to get more coins for themselves. Many community members moved to a new forum, /r/ethfinance, to get away from the “donuts.”

Money changes everything—and “play money” that you can get real money for will lure in the people who just want the money.

Money changes everything—and “play money” that you can get real money for will lure in the people who just want the money.

Billy Markus, one of the original founders of Dogecoin, posted an open letter to /r/dogecoin on Feb. 8. He urged the community to get back to the spirit of fun and stop making Dogecoin all about the money. But he still spoke at length about dogecoin as money—“Keep educating yourself as much as you can on how cryptocurrency works, how these markets work, never risk more than you could safely lose, be vigilant and aware.”

Cryptocurrencies are digital objects with no use cases. Cryptocurrency promoters routinely claim all manner of problems their currency will surely solve—journalism, bananas, dentistry—but they always end up with just another digital white elephant. The only way to make money from a cryptocurrency is to sell it to someone else for more money, and the only way they can make money is to sell it on for even more. It’s a hot potato with a price tag. Once you set up this structure, your system follows the logic of cryptocurrencies—and the worst of humanity moves in to sell people dreams for magic beans.

If it’s money and the big guy tells you it’s not about the money, it’s about the money. If he tells you it’s about the fun and not the money, it’s about the money. If he tells you to do fun stuff that involves you putting in your money, but it’s not about the money… it’s definitely about the money.

The shibes’ tips of dogecoins to each other didn’t end well, either. The operator of the 2014 dogecoin tipping bot confessed in 2017 that he had stolen all the deposited dogecoins two years earlier. Much sorry, many loss.

David Gerard is the author of the book Attack of the 50 Foot Blockchain and the cryptocurrency and blockchain news blog of the same name. His new book is Libra Shrugged: How Facebook Tried to Take Over the Money.

TAG: FINANCE AND BANKING
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info. https://foreignpolicy.com/2021/02/11/dogecoin-how-does-it-work-elon-musk-cryptocurrency/