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What Is Dogecoin, And Should You Invest

What Is Dogecoin, And Should You Invest

Dogecoin, what is it, and does it bring any opportunities to the table? In recent years the crypto community has doubled, if not tripled in size, and with that popularity comes greater chances of racking up more significant returns.

Since the start of crypto, in 2009, when Bitcoin was launched, the industry has evolved, becoming more competitive and faster-paced. From the thrill of trading to the excitement of gambling, Dogecoin brings a fresh and enticing approach to the crypto scene.

To find out more about the history of Dogecoin and why it picked up such a pace, then keep reading this Bitcoin Strip article and make some memorable moves in the crypto community.

The History Of Dogecoin

Dogecoin has been climbing the ranks for quite some time now. Thanks to well-known figures such as Elon Musk, this cryptocurrency has sparked acknowledgment from all corners of the globe, momentarily taking the title as one of the top five cryptocurrencies in the world.

Stealing the limelight from more dominant crypto options such as Bitcoin, Litecoin, and Ethereum, Dogecoin is showing a promising future. With a current market cap of $78 Billion, it is about time Dogecoin gets taken a little more seriously.

Initially starting off as a joke in 2013 by two men named Jackson Palmer and Billy Markus. The coin is centered around comical relief, and a clear example of this is the name and logo of the coin, which is the Shiba Inu dog. The purpose of the coin was to satirize the ever-growing possibilities of altcoins.

 

Why Did Dogecoin Gain Popularity?

In recent years, with the competition being higher than ever, it came to be a real shock that one of the front runners would be Dogecoin, but as it has grown, it has become more and more apparent and evident as to why it has such appeal to users.

Dogecoin comes with many unique attributes. With it initially starting as a joke, there are many exclusive opportunities one would experience that cannot be found in any other altcoins. Dogecoin brings about an easy to mine system and fees that come in at a fraction of the price, allowing for a broader range of users to afford to invest and participate.

With all these unique approaches, crypto enthusiasts were given a breath of fresh air with Dogecoin, offering an exclusive path to success, and with figures like Elon Musk backing the brand, this altcoin is destined to keep climbing the ranks.

Jump On The Doge Bandwagon!

It’s clear that this crypto option is incredibly popular amongst the community, and in 2018 the demand picked up even more, with a huge portion of the Doge community seeking a more dynamic approach to the altcoin option. With a Change.org petition of more than 130,000 signatures to persuade Amazon to accept Dogecoin, it’s clear that this crypto crowd is far from a joke.

With the advancements of the Doge community, there has been a huge increase in companies that accept the payment. Here is a list of some of the most recognizable companies accepting the digital alternative;

Such list
Strange Donuts
STEEM
BitBurgers
Burger Bear
Salts Worldwide
Hosting
AllGamer

Ramp Up Your Rewards With A Range Of Dogecoin Casinos

The crypto scene is big and it stretches over a wide range of online activities, and one of those being online gambling. As most of you know, crypto brought life to the gambling industry, bringing a faster, safer, and more reliable way of banking online, eliminating the present concerns.

Bitcoin is definitely the most popular option on the market, and that goes for everything from mining to gambling, but luckily it’s not a one-man market, and the industry caters to all users. With Dogecoin climbing the ranks, online gamblers have been offered an alternative that is cheaper and more entertaining to be a part of. Bitcoin casino may have been the go-to option, but with Dogecoin in the industry, there is now a better option for all players.

Dogecoin casinos are fewer than the Bitcoin casino, but once you find your fit, you will have finally experienced the true freedom of crypto gambling. Here is a list of the top-ranking Bitcoin casinos that offer Dogecoin;

BC.Game
DuckDice
mBit Casino
Stake

Fortune Jack
Wolf.bet

As you can see, there are plenty of high-quality Dogecoin casinos on offer on the web. Although Bitcoin casinos may have many advantages, nothing compares to the flare brought by this Bitcoin alternative.


It’s Time To Change The Game With Dogecoin Casinos

With all thing information at hand, all you need to do is get invested. Dogecoin offers an incredible opportunity for all involved. With the speed and efficiency of crypto plus the comical relief of Doge, this is the perfect altcoin option for all crypto lovers.

Head over to one of the recommend Dogecoin casinos or simply just invest; either way, Dogecoin has made magic happen over the years, and if you are looking for a reasonable return rate, then this is the option for you. Don’t waste any more time with Bitcoin casinos and bulk up your balance with Dogecoin and the exciting casinos it has to offer.

Last updated by Jen Van Lier on May 14, 2021

About the editor

As website manager, Jen contributes reviews and updates to The Bitcoin Strip on a daily basis. Jen worked in the casino industry for 9 years before focusing on Bitcoin in 2016. She writes on subjects ranging from traditional slots all the way through to unique Bitcoin games, provable fairness and Ethereum smart contract gambling.

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