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The origin of the Doge: Everything a Shiba should know about the meme that made billions - Global Coin Report
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The origin of the Doge: Everything a Shiba should know about the meme that made billions




Although Dogecoin started off as a joke, the Shiba Inu based cryptocurrency has grown into a fully fledged peer to peer digital currency with a worldwide fan base of Shiba Inus. According to, Doge is actually a slang for “dog” and its use of a misspelled word (d-o-g-e) actually dates way back even before Bitcoin came to fruition.

Where did the word Doge come from?

The first time the word ‘doge’ was used online was in June 2005 after it was mentioned in an episode of Homestar Runners (a long-running web-based puppet show based on a children’s book). In the episode, ‘Biz Cas’ distracts ‘Strong Bad’ from completing his third-quarter projection analysis spreadsheet project when he comes into the room and calls him his “Doge”.

Later in 2010, a Japanese kindergarten teacher posted a photo of a Shiba Inu dog she had rescued and adopted. The same photo was identified as the origin of the Dogecoin meme that later got popular online to become the mascot for the Dogecoin.

Dogecoin: focusing on charity and community

As you can see, Dogecoin was mostly created as a shits and giggles cryptocurrency that was meant to attract any lighthearted individual looking to have fun while donating to charity projects using cryptocurrency. However, in 2013, Dogecoin’s vision became pretty clear and what started out as a silly endeavor has over time turned into a serious project that is being used as internet money.

Dogecoin was built to be a community-driven cryptocurrency and the meme really helped spread the word about what Dogecoin was all about. In fact, it is this popularity that enabled the Dogecoin community to fund some worthy charity projects. These included a donation to Kenya’s water crisis back in 2014 and another partnership with a charity organization dubbed “Shibes for socks” to mention but a few.

Beware of scammers

Basically, even though some crypto enthusiasts have criticized Dogecoin for its lack of a clear technological standpoint, the coin has been the friendliest altcoin for beginners as it’s easy to use and requires zero technical know-how to understand its purpose. Plus the Dogecoin community is made up of individuals whose main purpose is to only do good as indicated on the Dogecoin Reddit page.

But let’s face it, Dogecoin’s journey has not all been smooth sailing. The coin has seen its own fair share of controversy. For instance, as more and more good intentional people have thrown money towards charity projects using the parody coin, the value of  Dogecoin ( in the hundreds of millions) now has become like a drop of blood in the ocean that has attracted sharks in the form of a bunch of scammers. There have been constant reports of scammers taking advantage of the Dogecoin community sometimes even getting away with millions. The good news is that the Dogecoin community (especially on Reddit) has been really supportive of its members, to extent of donating some Dogecoin to those who had fallen victim to the scammers.

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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.

Image courtesy of iamhenry via Flickr


The Crypto Space Once Again Divided Over Bitcoin SV



Bitcoin SV

The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?




One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise




The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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