Dogecoin is a virtual currency that was born in 2013 as a joke. This currency is actually based on the popular Internet meme “doge”, which shows a dog of the Shiba Inu breed with funny phrases.
Dogecoin grew beyond the joke to become a serious cryptocurrency. Currently, many people and businesses around the world accept it as a form of payment, so much so that at the moment it has a market capitalization of more than $ 300 million dollars and a volume of transactions exceeding $ 17 million dollars.
This currency is similar to bitcoin, although there is a fundamental difference: the speed of confirmation of transactions. In the world of cryptocurrency, the “miners” are the ones who confirm that a transaction has been made. The process varies in each platform, although in the case of bitcoin it can take between 10 minutes and 1 hour. In the case of Dogecoin, the confirmation takes place in just 1 minute.
Despite its popularity, Dogecoin remains a relatively unknown currency. If you want to invest in this currency, it is a good idea to find out how to get Dogecoin and make the corresponding investment.