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    Gate Blog

    Your Gateway to crypto news and insights

    Gate.io Blog DOGE-1 Mission To The Moon!!! - Dogecoin | DOGE |

    DOGE-1 Mission To The Moon!!! - Dogecoin | DOGE |

    27 July 10:53



    Intro

    Dogecoin is an open-source P2P crypto coin with the mascot of the world-loved meme, Shiba Inu. Dogecoin is a project created in 2013 by Billy Markus and Jackson Palmer. Dogecoin was created by hard forking Lucky Coin, which was hard forked from Litecoin. Therefore, at first the mining reward was random, but now the policy has been changed to a fixed mining reward. Dogecoin has no limitation on block generation and its advantage is that it is fast. According to CoinMarketCap data (July 2021), DOGE in the spot market is +130 B.


    GOOD DOGE

    Dogecoin made various sponsorships. They sponsored the bobsled Jamaican team, which lacked funds to compete in the Olympics, they launched a 'DOGE4WATER' campaign for Kenya, where drinking water was scarce, and sponsored drivers to challenge NASCAR.


    Dogecoin X Ethereum = Dogethereum





    In 2018, Dogecoin entered into a partnership with Ethereum to issue ERC-20-based Dogethereum as an Ethereum smart contract. Dogethereum’s ticker is DOGX. Dogethereum is a bridge. This bridge connects the smart contract platform Ethereum and Dogecoin. Dogethereum's bridge is the first case with TrueBit technology. TrueBit is an off-chain solution to solve the scalability problem of Ethereum. Dogethereum and Dogecoin are completely different products. To put it bluntly, Dogethereum is like the son of a Dogecoin father and an Ethereum mother.


    DOGE-1 Mission To The Moon!!!


    Founded by Elon Musk, an avid Dogecoin supporter, SpaceX is an American aerospace equipment manufacturing and space transportation company. It was announced that SpaceX would accept Dogecoin as a payment method for lunar exploration. How much funding will be required for the DOGE-1 Mission To The Moon project, which is underway in the first quarter of next year, is confidential. But it won't be a small amount of money. Geometric Energy is said to pay all funds in Dogecoin.


    4/20 DOGE DAY

    DOGE DAY is a day for Dogecoin. 4/20 was marked DOGE DAY on social media for no reason.


    Editor YB(Gate.io Korea Marketing Agent)’s Comments

    It is Dogecoin that shows extreme movements every time. Whenever Dogecoin fever fades, Elon Musk pumps Dogecoin. Recently, in The B Word, he said that he is still holding Dogecoin, including Bitcoin and Ethereum, and other people's attention is again turning to Dogecoin. Which cryptocurrency are you interested in right now?


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