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Dogecoin (DOGE) achievements you did not know

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Dogecoin
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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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Altcoins

A matter of time before TRON (TRX) achieves mass adoption

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TRON
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Tron (TRX) has all its eyes on decentralizing the internet, or rather content-sharing to ensure that creatives, artists, musicians, and authors can all release their content without the need of middle companies. As it seems, Tron’s founder hopes that the coin will challenge the globe’s major content providers like Facebook and YouTube.

The coin has undoubtedly made progress since its launch from a coin offering on the Ethereum ledger platform to now a native coin present on the official Tron Mainnet. If you think launching the independent MainNet is all Tron wanted to achieve, you are mistaken.

The aim is towards mass adoption as well as creating a decentralized web. Yeah, it is a  fact that in the past weeks TRX has experienced price declines, but currently, the cryptocurrency is riding 5.37% hike against the USD in the last 24 hours (remember most of the other top coins including Bitcoin are in red).

It’s also continued succeeding in attaining quality listings such as the Bittrex (to name one of the most recent ones). Therefore, it seems as every step TRON makes is a sign of progress to make the decentralized web a reality.

How TRON (TRX) is Making Mass Adoption a Reality

The primary objective for TRON (TRX) is to create a decentralized web which will be a representation of the internet’s next generation. Therefore, in making that a reality, the largest file-sharing platform, BitTorrent that has over 100M global…

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Altcoins

Hyperion-Stellar Partnership Finalized — Support For Stellar’s Crypto Assets Trade About To Arrive

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Stellar
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Hyperion and Stellar: A new partnership

According to a recent announcement by Global Blockchain Technologies Corp., it would seem that the known crypto exchange Hyperion has finally made an agreement with Stellar (XLM). The new partnership is to allow Stellar’s own crypto assets to be traded on Hyperion’s platform. This move is expected to significantly impact Stellar’s price and spread awareness of the coin and its goal even further.

Hyperion uses an alternative trading system (ATS), which was licensed by the SEC. As a part of this arrangement, previously attained via investment in DBOT (Delaware Board of Trade), Hyperion has permission to also operate as a broker-dealer. It is also expected to become North America’s first advanced security token exchange.

As many are already aware of, Stellar is a trading protocol that is used for issuing, exchanging, and transferring digital assets. It works with several other cryptocurrencies, but also with fiat currencies like the USD. Additionally, Stellar also works even with some commodity assets, like gold.

Stellar’s goal is similar to that of Ripple, at least when it comes to enabling faster and better cross-border transactions. While Ripple focuses on providing its services to banks and financial institutions, Stellar aims to provide these services to individual investors. Thanks to this, Stellar has received a lot of attention and praise from individual investors, as the general interest in cryptocurrencies grew.

Why is this partnership important?

By joining Hyperion’s…

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Bitcoin

Bitcoin Volume Improves — Is A New Bull Run About To Start?

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Bitcoin volume
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After more than half a year of price drops and losses in value, Bitcoin’s price has finally demonstrated signs of stability. For weeks, Bitcoin managed to remain above the price of $6,550 per coin, which was followed by a small price surge that has allowed the coin to reach $6,600.

Not only that, but Bitcoin’s volume also saw a 12% increase that has taken it from $3.2 billion to $3.6 billion according to CoinMarketCap. While this state of the market did not include all the altcoins, with some of them even experiencing losses, the situation regarding Bitcoin did look promising.

However, the new situation has changed that, as both investors and analysts woke up to the news of crypto prices going down.

Bitcoin volume predictions

Cryptocurrency analysts around the world have been predicting that the recently-balanced situation regarding Bitcoin and many altcoins will not last. While some believed that Bitcoin volume will go up, others have been claiming that it will drop once again, as it has finally happened.

At the moment, Bitcoin has managed to drop below what was recently believed to be its bottom, with a new price being at $6,297. Instead of reaching milestones such as $6,800, and then $7,000 mark as many have hoped, BTC actually dropped by around 6%.

For a while, Bitcoin has been showing signs that it is ready to grow once more. However, the trouble once again lies with the…

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