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Dogecoin (DOGE) achievements you did not know




For a long time, Dogecoin has been the go-to cryptocurrency for those who simply wanted to hold on to it for the laughs. Known for the Shibe meme that saw the popularity of DOGE skyrocket to new heights, Dogecoin currently has a market capitalization that is slightly above the $500 million mark. If you think that is a high net worth for the meme coin, then you will be surprised to hear that the parody cryptocurrency hit an all-time high market capitalization of close the $2 billion mark just a few months ago. However, there is more to the Dogecoin than meets the eye.  Here are a couple of Dogecoin accomplishments that you probably knew nothing about.

Dogecoin has the strong backing of an online community

With over 150,000 active Reddit members on the Dogecoin subreddit, Dogecoin boasts of one of the strongest community of crypto enthusiasts. A popular aspect of the Dogecoin community is their use of the Doge meme dialect. The dialect works by shortening phrases into singular words such as Many, Wow, So, Much and so forth. A good example would be a sentence such as “the coin is getting a lot of adoption” being turned to “much adoption.”

This communal sense of comradery and inclusion through the use of a common dialect is perhaps one of the biggest contributors to the unexpected success that Dogecoin has received. By keeping the dialect alive, the Dogecoin community has remained involved even after the coin was abandoned by its developers for a while.

Other achievements by the Dogecoin community

Apart from coming up with a dialect that has helped spur the coin to greater heights, the Dogecoin community has been one of the most progressive communities in the crypto space given that they were able to self-organize and help out fellow members who have lost over $1 million worth of DOGE in a hacking incident back in 2013 December.

In addition, the community has also started a number of initiatives that include:

  • Sponsoring a Jamaican bobsled team: In 2014’s winter Olympics, the Dogecoin Reddit community was able to contribute up to $30,000 worth of Doge coins for the team to make it to the Olympics
  • Dogecoin for Water: Another worthy achievement from the Dogecoin foundation is the $31,996 water campaign that saw the Dogecoin community enable clean water to the Kariong community in Kenya back in 2014.
  • DogeForMalaria campaign: This one happened only 3 months ago when the Dogecoin community was able to fund an organization that provides mosquito nets to children.

With these and many other achievements by the Dogecoin community, there is no doubt that the parody coin is here to stay. In fact, the dogecoin core development team has been working on a white paper not to mention new updates on the source code which is “Much Development”.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021



crypto billionaire

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He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level




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Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

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These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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