What is Dogecoin, is Dogecoin cryptocurrency, how to buy it?
The interest in Dogecoin, which was curious after the post of Tesla and SpaceX CEO Elon Musk on Twitter, has increased considerably. So what is it, how is it taken? How much is the crypto currency Dogecoin, why is it rising?
Elon Musk's comments about cryptocurrencies caused the price of Dogecoin to increase. Dogecoin from Bitcoin has also become one of the crypto currencies researched in the world of economy. What is Dogecoin, which is on the rise with Elon Musk's Twitter posts, how to buy it? How much is the crypto currency Dogecoin, why is it rising?
WHAT IS DOGECOIN?
Dogecoin (symbol Ɖ and D, abbreviation: DOGE) is a Litecoin-based electronic currency, a Shiba Inu breed dog, inspired by the Doge, an internet phenomenon in its logo. It was launched on December 8, 2013.
HOW TO BUY DOGECOIN?
In order to buy Dogecoin, you must take part in local crypto currency exchanges such as Paribu or Koinim. Most of those who use this money trade through Paribu. First of all, you need to create an account. After confirming your account with your credentials, you can log in to investment transactions.
You can deposit money to your account via EFT, Money Transfer or Papara. You can also buy Dogecoin with your money in your account. There are some points to be aware of when depositing money into your Paribu account. These; You must only deposit money into your personal account via wire transfer, EFT or papara. In addition, you must provide delivery from individual, current and Turkish Lira accounts opened in your name. It is not allowed to send from accounts belonging to another person on Paribu.
For shipments made via ATM, it is not possible to confirm the sender information, so your acceptance cannot be sent.
The amount you send will be instantly reflected in your account on Paribu.
It is important that you write the code sent to you after your transaction in the description field.
You must provide a description. Otherwise, the transaction fee of the transferred transfers will be refunded by deducting from the money you send.
HOW MUCH DOGECOIN?
1 DOGECOİN 0,3568 TL
Buying / Selling: 0.3535 / 0.3560
Day's Range: 0,2010 - 0,4200
WHY IS DOGECOIN RISING?
Launched in 2013 as a “meme token”, Dogecoin (DOGE) increased its price to $ 0.013 with a 45% rise in 24 hours. DOGE's market value exceeded $ 1.4 billion, while its daily trade volume reached $ 1.3 billion.
One of the factors behind the increase for DOGE may be the DeFi development experienced by the meme coin. RenDOGE, the tokenized version of DOGE, is starting to be traded on the Ethereum network for decentralized finance users.
With the support of the OpenDAO project, DeFi investors can use their Dogecoins to obtain DOGEO, a dollar-backed stablecoin. Ren managers can use their DOGE investments and renDOGEs as collateral with the completion of the necessary inspections.