An Overview

The founder of dogecoin is Billy Markus, a programmer from Portland, Oregon. Billy wants to create a cryptocurrency that would be fun among the audience and gain popularity like bitcoin. The domain dogecoin.com was purchased by Palmer, an employee of the marketing team of Adobe Systems in Sydney when a student at Front Range Community on Twitter asked him to make this idea of a crypto coin a reality and decided to give it the logo of the popular doge meme.

Seeing this Billy Markus contacted Palmer and created a dogecoin cryptocurrency that is based on the existing cryptocurrency LuckyCoin. Like of LuckyCoin, dogecoin also uses scrypt technology in its proof-of-work algorithm with a network that can produce unlimited Dogecoins.

Why DOGECOIN getting popular day by day?

As we all know that out of a sudden we all are hearing news about dogecoin so much that it has sought the attention of everyone all over the internet such that everyone is talking about it and memers were making memes so many memes on dogecoin.
So let's know the reason for this popularity.
This popularity is due to the TWEETS of the most optimistic person of this century Elon musk. So due to his tweets, people start trusting in dogecoin and start buying it in bulk in such a way that its value has increased rapidly. This price increase also motivated the investors to invest more in dogecoin and get higher returns.

Let's look at this realtime data of dogecoin price.

Can we say Dogecoin as the future Bitcoin?

As of Bitcoin, Dogecoin also works on peer-to-peer transactions over its decentralized network but is maintained by different community.
Dogecoin is getting its prices higher and higher as it has a rich supply of coins,as it does not has limited mining capacity as of Bitcoin which is getting halved in every four years. Dogecoin also competes with Bitcoin on the basis of Transaction processing speed, as it takes only one minute for block time and on the other hand Bitcoin block takes 10 minutes block time, so giving a tough a competition to Bitcoin in all aspects and also, Dogecoin allows merge mining which allows one to mine Litecoin along with DOGE simultaneously.

So here is how you can get started with Dogecoin.

How to buy your first Dogecoin with cryptocurrency exchange platform CoinDCX?

With CoinDCX you can easily buy and sell the Dogecoin as this platform is Fast & simple, Easy deposit & withdrawals and Safe & secure.

So you can get started in these simple three steps.

And buy your first Dogecoin from Here.


Images Source: DogeCoin Website, CoinDCX Website.

What is Shiba Token?

Shiba Inu (token:$SHIB), also mentioned as Shiba Token, is a decentralized cryptocurrency created in August 2020 by an anonymous person or group mentioned as "Ryoshi". Shiba Inu is an ERC-20 token on the Ethereum blockchain, and is modeled off Dogecoin, it brands itself "the Dogecoin killer".Shiba Inu doesn't have any smart contract utility, neither is it backed by any asset or rights; it's simply a transferable token.
Started as a joke token SHIB is on the increase and is surging while major altcoins are tumbling within the crypto market. SHIB has gathered huge attention and has emerged together of the favored choices of investors.
It was also supported by an outsized community of individuals on social media like “REDDIT” & “TWITTER”. Recently, Vitalik Buterin has burned the half supply of Shibu Inu because the news of 40% token burn off went viral there was an incredible rise in prices.

What is ShibaSwap?

ShibaSwap is the decentralized cryptocurrency exchange platform that permits the exchanging process of Shiba Inu from other cryptoCurrencies.Various blockchain experts described it as a secure Place for the smoother function of exchanging process.
ShibaSwap gives users the power to DIG (provide liquidity), BURY (stake), and SWAP tokens to realize WOOF Returns through our sophisticated and innovative passive income reward system.


The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE.

Visit the website to know More. Click here.

Is it worth in Future, will Shiba Inu reach $1?

The price of Shiba Inu has stagnated recently and has traded approx at $ 0.00000080, which is 82% actually below the all-time high.
It is between the support and resistance levels at $ 0.0000056 and $ 0.0000096, respectively while the standard Range (ATR) has declined, says the Investing Cube.
It is expected that Self-claimed Doge killer, Shiba Inu can reach at 0.000085 dollars toward the finish of June 2021. If it continues to rise we will say that the value are going to be 0.0003 dollars in January 2022. By the calculations, there's a really low probability that it'll reach $1 by 2025.

How to buy Shiba Inu coin?

Buy the Shiba Inu from India’s largest cryptocurrency exchange WazirX, Binance, Zebpay, CoinDCX, CoinSwitch and many more.

Images Source: Shiba Inu Website, Wazirx Website.

Conclusion:

The potential for the long-term growth of Shiba Inu depends on a variety of factors: announcements, new technology solutions for SHIBA INU projects, legal position, and so on. As cryptocurrency performance is unpredictable and previous operations are not a guarantee of future performance. Think about your own situation, and then get your own advice, before relying on this information, you should also verify the character of any product or service (including its status and appropriate regulatory requirements) and consult with the administrator websites working before making a decision of buying crypto not only Shiba but any other digital currency.