Dogecoin MOON Review or Who Is Shiba Inu
Here at CryptoDetail, we are just like everyone else as far as our personal choices in cryptocurrencies. Of course, Bitcoin is at the top of that list. But did you know one of our favorites is Dogecoin?
That's right! Dogecoin is crypto most of us use daily.
So, when we were recently asked "What is Dogecoin MOON; Who is Shiba Inu?" we simply had to write this article to not only answer that (those) question(s); but also to tell you all about the one, the only, the fantastic Dogecoin.
Dogecoin News: Dogecoin Basics
What are dogecoin news for me today? And what is Dogecoin's prediction? For those of you who do not know, please let us explain. Although Bitcoin gave birth to the cryptosphere in 2008, it was not until a few years later that people began creating other coins. Then, in 2013 the cryptocurrencies started to boom.
The price of Bitcoin had already gone high enough that some people would never be able to accord a single BTC at one time. And the price of transactions was already high enough to make sending "microtransactions", also known as "tipping', merely unaffordable.
As with everything online, some people took this situation far too seriously. Many of the coins coming out over evaluated their worths. And, this led to a job where two brave men thought that everyone needed to be knocked down a bit. With that thought in mind, two men, Jackson Palmer and Billy Markus, had a plan to deal with those issues.
Dogecoin Mining: The Joke Is On You Guys Now
Jack and Billy did a fork of the Lucky Coin code. Lucky was already a fork of Litecoin, so the code was out there ready to be had. After upping the supply and lowering the mining time and difficulty, the guys were prepared for their big joke about dogecoin mining.
In December of 2013, a series of memes featuring a Japanese spitz breed called a Shiba Inu. These were simplistic and satirical in fashion and very poorly written; on purpose. "Much Buy", "Such Cheap", "Very TIp," and other seemingly nonsensical, but to the point, phrases were used to create a guerrilla marketing campaign.
Surprisingly enough, while some took this as a joke as initially intended, many members of the quickly growing cryptosphere embraced this new coin for its benefits. So, while Jackson and Billy thought they were putting the overthinkers in place; the joke was most definitely on most of all.
Dogecoin Prediction: A Staple Was Born
What is a dogecoin price? What is dogecoin value? More and more people started taking an in-depth look at Dogecoin and seeing the potential. And today, Doge is still one of the "power coins" of the cryptosphere. That joke had quickly become a staple in our little world with a cult following of loyal users.
Why? Ranked at #27 on CoinMarketCap's top 100 cryptos, Dogecoin has remained loyal to its original formula. Their notion that a cryptocurrency should be affordable to buy, easy to use, cheaply transacted (even as microtransactions, as we want for tipping) has taken Doge from that "joke" status to its rightful spot as a permanent fixture in the cryptosphere. Keep reading to make your point about dogecoin price prediction.
What Is This Moon Of Which You Speak?
Among the "Shibes" (those loyal members of the Dogecoin community), that original, light-hearted attitude is still there. Regardless of how serious the rest of the cryptosphere becomes, the Doge community insists that, above all else, cryptos should be fun. With that attitude, the running joke within that tribe of loyal users is that Doge is "going to the moon". This means that, yes, we understand the price is a fraction of a penny for a single Doge today. But, if you buy some and Hold On For Dear Life, that price is going to explode, go through the room, and even "to the moon" very soon. Haven't you got a dogecoin wallet yet? Now think twice about dogecoin faucet and its real value.
While most Shibes do not believe that phrase was ever anything more than a parody of the nonsensical sales hype being used in the cryptosphere today, again, the joke is, once again, on them.
In 2019, to celebrate mankind's first moon landing, a private company is sending a rocket to the moon. As a small part of that payload, a single, physical coin bearing the now-famous image of the Dogecoin logo will arrive at the moon as a part of that historic event.
So, while there is a light-hearted attitude among the Doge community, there is also passionate enthusiasm for the coin they embrace.
But Will The Mythical Moon Ever Be Reached?
No, not likely. The whole point of Dogecoin is to keep the price low to ensure accessibility for everyone. The coin is simply designed to maintain the coin from ever reaching the heights we have seen from our other favorite coins.
You may be wondering why we here at CryptoDetail are Shibes ourselves, mainly because this coin is designed to make no profit.
THAT is precisely why we love Dogecoin. As we have said many times, currencies are not investments; they are currencies meant to be earned, spent, and HODLed, just like any other form of money. And Dogecoin embraces that concept by and through its very design.
More robust and more stable
While thousands may be gained or lost overnight with whatever meager amount we have HODLing away in our Bitcoin and Ethereum wallets, Doge has remained more robust; more stable throughout the years. Yes, as with any other crypto, Doge has had its ups and downs. But, in comparison to other cryptocurrencies, the Doge history is a virtual flatline, not the roller coaster rides the others take daily. And, it is that smooth, stable ride that makes Doge so attractive.
With 4 1/2 years of substantial value, Doge is THE place to HODL your funds. That, our loyal readers, is why we here at CryptoDetail love Dogecoin. It is why we use Dogecoin. And it is why we recommend Dogecoin to you all.
*** As always, nothing in this article is meant and presented as legal or financial advice. Please do your due diligence before placing your hard-earned money into any cryptocurrency or token.
Thanks for joining us on this exploration! Good luck on your trip to the moon!! Happy HODLing!!!