{"id":12411,"date":"2021-05-07T14:16:48","date_gmt":"2021-05-07T18:16:48","guid":{"rendered":"https:\/\/my1wifi.com\/store\/?p=12411"},"modified":"2021-05-07T14:26:37","modified_gmt":"2021-05-07T18:26:37","slug":"dogecoin-a-joke-worth-more-than-ford-and-twitter","status":"publish","type":"post","link":"https:\/\/my1wifi.com\/store\/dogecoin-a-joke-worth-more-than-ford-and-twitter\/","title":{"rendered":"Dogecoin, From A Joke To Be Worth More Than Ford And Twitter"},"content":{"rendered":"<p>\t\t<div data-elementor-type=\"section\" data-elementor-id=\"10744\" class=\"elementor elementor-10744\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ed822b1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ed822b1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div 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data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5b81579 bdt-ss-btns-style-boxed bdt-ss-btns-shape-rounded bdt-ss-btns-view-icon bdt-ss-btns-color-original elementor-widget elementor-widget-bdt-social-share\" data-id=\"5b81579\" data-element_type=\"widget\" data-widget_type=\"bdt-social-share.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"bdt-social-share bdt-ep-grid\">\n\t\t\t\t\t\t\t<div class=\"bdt-social-share-item bdt-ep-grid-item\">\n\t\t\t\t\t<div class=\"bdt-ss-btn bdt-ss-facebook\" data-social=\"facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"ep-icon-facebook\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"bdt-social-share-item bdt-ep-grid-item\">\n\t\t\t\t\t<div class=\"bdt-ss-btn bdt-ss-twitter\" 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class=\"bdt-ss-btn bdt-ss-pinterest\" data-social=\"pinterest\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"ep-icon-pinterest\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"bdt-social-share-item bdt-ep-grid-item\">\n\t\t\t\t\t<div class=\"bdt-ss-btn bdt-ss-linkedin\" data-social=\"linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"ep-icon-linkedin\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<br \/>\n<a href=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/05\/the-golden-dogecoin-P9FKHMW-scaled-e1620410143108.jpg\"><img decoding=\"async\" class=\"alignleft wp-image-12416 size-full\" src=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/05\/the-golden-dogecoin-P9FKHMW-scaled-e1620411307470.jpg\" alt=\"Golden Dogecoin\" width=\"40%\" \/><\/a><br \/>\nDogecoin runs on a blockchain ledger just like Bitcoin and Etheruem. However, it started to be just a joke to everyone until it became an $80 billion cryptocurrency, making it the fifth-largest and valuable cryptocurrency on the market.<\/p>\n<p>Dogecoin is a cryptocurrency that was created last December 6, 2013, by Billy Marcus and Jackson Palmer. Its name and logo were taken from a meme sensation in 2013, a picture of a cute Shiba Inu that featured the deliberate misspelling of the word \u201cdog\u201d which became \u201cDoge\u201d.<\/p>\n<p>It started when software engineers Jackson Palmer and Billy Markus agreed to develop a payment system that is fun, instant, and free from any traditional banking fees. They were set out to build a P2P digital currency that could reach a wider audience than Bitcoin. Jackson Palmer bought the Dogecoin.com domain and added the Dogecoin logo on a splash screen with scattered Comic Sans text.<\/p>\n<p>Billy Markus started approaching Palmer after seeing the site, then began working on developing the currency.<\/p>\n\t\t<div data-elementor-type=\"section\" data-elementor-id=\"11815\" class=\"elementor elementor-11815\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dc54117 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dc54117\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"make-column-clickable-elementor elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b71a872\" style=\"cursor: pointer;\" 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decoding=\"async\" width=\"970\" height=\"250\" src=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-970X250-christmas.jpg\" class=\"attachment-large size-large wp-image-21285\" alt=\"\" srcset=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-970X250-christmas.jpg 970w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-970X250-christmas-300x77.jpg 300w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-970X250-christmas-768x198.jpg 768w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-970X250-christmas-600x155.jpg 600w\" sizes=\"(max-width: 970px) 100vw, 970px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27f9a4e elementor-hidden-desktop elementor-hidden-phone elementor-widget elementor-widget-image\" data-id=\"27f9a4e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"720\" height=\"300\" src=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-720X300.jpg\" class=\"attachment-large size-large wp-image-21283\" alt=\"\" srcset=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-720X300.jpg 720w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-720X300-300x125.jpg 300w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-720X300-600x250.jpg 600w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b22ece7 elementor-hidden-desktop elementor-hidden-tablet elementor-widget elementor-widget-image\" data-id=\"b22ece7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-900X900-christmas-300x300.jpg\" class=\"attachment-medium size-medium wp-image-21279\" alt=\"\" srcset=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-900X900-christmas-300x300.jpg 300w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-900X900-christmas-150x150.jpg 150w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-900X900-christmas-768x768.jpg 768w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-900X900-christmas-100x100.jpg 100w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-900X900-christmas-600x600.jpg 600w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/04\/M1WIFI-BANNERS-900X900-christmas.jpg 900w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\n<p>A cryptocurrency is a form of digital asset or payment system that can be used to buy products and services, while also many people invest in cryptocurrencies in the same way that they would in stocks or precious metals. Cryptocurrency is secured by a strong cryptographic and an online ledger, typically a blockchain. Unlike other payment systems, cryptocurrencies don\u2019t depend on the bank to verify any kind of transaction.<\/p>\n<p>It&#8217;s a peer-to-peer system that lets you send and receive money from all over the world. Rather than physical money that is carried around and exchanged in the real world, cryptocurrency payments are digital entries to an online database that define specific transactions.<\/p>\n<p>Dogecoin is no longer just a joke. It hit a high of $0.41 on April 20, indicating a 7600 percent increase since the beginning of the year. It has climbed to even higher levels in recent days, with a current value of about $0.67 as of May 5, marking an 11,000 percent increase in 2021, making Dogecoin&#8217;s market cap $69 billion and the fourth most valuable cryptocurrency, more valuable than Ford Company\u2019s market cap of $46.9 billion or Twitter\u2019s valuation $42.7 billion.<\/p>\n<p>If we compare Dogecoin to other prices, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bitcoin\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> is worth around $55,460, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Ethereum\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> at around $3,373, and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Litecoin\" target=\"_blank\" rel=\"noopener\">Litecoin<\/a> was worth around $331.<\/p>\n<h2><a href=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/05\/cryptocurrency-factory.jpg\"><img decoding=\"async\" class=\"size-full wp-image-12418 alignright\" src=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/05\/cryptocurrency-factory.jpg\" alt=\"dodgecoin mining factory\" width=\"50%\" srcset=\"https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/05\/cryptocurrency-factory.jpg 1000w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/05\/cryptocurrency-factory-300x200.jpg 300w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/05\/cryptocurrency-factory-768x512.jpg 768w, https:\/\/my1wifi.com\/store\/wp-content\/uploads\/2021\/05\/cryptocurrency-factory-600x400.jpg 600w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/a>Dogecoin Surge:<\/h2>\n<p>The spike came as a result of reports that two more major exchanges were about to open the doge-door. On Monday, with CEO Tyler Winklevoss, eToro announced that its 20 million users would be able to trade dogecoin, and Gemini announced on Tuesday that its more than 13 million active users would be able to do so as well.<\/p>\n<p>These two platforms embracing dogecoin not only expand the demand for cryptocurrency trading but also legitimizes it. Even though there is no limit to how much dogecoin can be produced \u2014 since it was designed to be fun, not valuable \u2014 dogecoin currently has a market capitalization of $74 billion, making it the fourth-largest cryptocurrency in the world, according to CoinMarketCap.<\/p>\n<p>Another reason why there was a spike with dogecoin, is because Elon Musk, the most prominent supporter of dogecoin, keeps on tweeting positive thoughts about Dogecoin and will even promote it during his appearance on Saturday Night Live, this weekend. They are saying that every time Musk talks about dogecoin, a spike in the coin\u2019s price seems to be observed.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">T O M O R R O W <a href=\"https:\/\/t.co\/aWKYpJ4nl2\">pic.twitter.com\/aWKYpJ4nl2<\/a><\/p>\n<p>\u2014 Saturday Night Live &#8211; SNL (@nbcsnl) <a href=\"https:\/\/twitter.com\/nbcsnl\/status\/1390713171363631112?ref_src=twsrc%5Etfw\">May 7, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Back in January, Dogecoin soared over 800 percent in just 24 hours, partly because of Musk\u2019s tweet, a Vogue magazine cover parody named Dogue. While last April, Elon Musk tweeted the phrase &#8220;Doge Barking at the Moon,&#8221; along with a photo of a painting by Spanish artist Joan Mir\u00f3 titled &#8220;Dog Barking at the Moon.&#8221; But it\u2019s not just Elson Musk who has expressed support for Dogecoin on social media. Gene Simmons, Snoop Dogg, Mark Cuban, the owner of the Dallas Mavericks, and even the Tesla boss have also tweeted about it regularly.<\/p>\n<p>And because of the massive spike of dogecoin last Tuesday, hitting the record of $0.53 from $0.005 in January 2021, Robinhood, a trading app where you can buy and sell cryptocurrency, experienced a partial outage or crashed in its crypto trading sector.<\/p>\n<p><a href=\"http:\/\/www.copyscape.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Protected by Copyscape - Do not copy content from this page.\" src=\"\/\/banners.copyscape.com\/img\/copyscape-banner-gray-200x25.png\" alt=\"Protected by Copyscape\" width=\"200\" height=\"25\" border=\"0\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin runs on a blockchain ledger just like Bitcoin and Etheruem. However, it started to be just a joke to everyone until it became an $80 billion cryptocurrency, making it the fifth-largest and valuable cryptocurrency on the market. Dogecoin is a cryptocurrency that was created last December 6, 2013, by Billy Marcus and Jackson Palmer&#8230;.<\/p>\n","protected":false},"author":7,"featured_media":12415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[52],"tags":[],"class_list":["post-12411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet-news"],"_links":{"self":[{"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/posts\/12411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/comments?post=12411"}],"version-history":[{"count":9,"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/posts\/12411\/revisions"}],"predecessor-version":[{"id":12426,"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/posts\/12411\/revisions\/12426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/media\/12415"}],"wp:attachment":[{"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/media?parent=12411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/categories?post=12411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/my1wifi.com\/store\/wp-json\/wp\/v2\/tags?post=12411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}