There is a taxable currency whose name no one had ever heard of before and today it has become very popular and its value is increasing by 100 percent. There are many coins but Doge coin The most important currency is how it happened, why does it rise in value, where can this currency be used, what is the role of Twitter in it, what are the reasons for all of them, today I will write a little bit about it.
website
In 2013, a meme on a website "how everyday meme" became very popular wakes up in the) The response was that a domain called Doge.com was created and purchased and this domain was also visited by millions of people within a month. IBM's Software Engineer did a lot to promote this website.
Elon musk
The value of this coin was 20 million in 2017 and at the end of 2017 its value reached two billion dollars. In one year I started to have a lot of activities in this corrupt currency. There are many reasons behind this but There are two main reasons Elon Musk and Reddit Users. When Elon Musk's tweet is seen, the price of cryptocurrency changes a lot whether the world moves or not.
Reddit users
There are two reddit groups. The target of reddit users is to increase the price of dogecoin. The price of dogecoin which is going on is close to 0.061.There are communities those are working to bring this value near to 1 dollar.
Example and uses
The Jamaican Bobsleigh team qualified for the Winter Olympics but did not have the money to go, but the Dogecoin community donated ڈالر 50,000 to them and the community also works in fund raising and social revising, but some people misused it. Also take some money that started using for wrong purpose.
I am not the financial adviser only explaining the knowledge that I have looking for your kind response .