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Emotion Pack Champion Dog Coin Breaks New Record

Tech 2023-05-19 11:59:54 Source: Network
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The new achievement of DOGE - The cryptocurrency world has a large number of innovative projects and original ideas. Among them, DOGE stands out as the true king of memes

The new achievement of DOGE - The cryptocurrency world has a large number of innovative projects and original ideas. Among them, DOGE stands out as the true king of memes. With its irresistible charm and dedicated community, DOGE has won the hearts of investors and cryptocurrency enthusiasts with the help of its loyal friend ElonMusk.

The Genealogy of Dog Coins

Let's go back to its origin. Dogecoin was born in 2013. Its history can be traced back to an online emoticon pack featuring Chaigou, a dog native to Japan known for its happiness. This meme quickly spread throughout the world and captured the imagination of netizens. Creator of Dog Coin, Bill
LyMarkus and Jackson Palmer sniffed the opportunity to bring unique cryptocurrencies into life. Dog coins are.

As memes, dogcoins quickly became independent animals in the cryptocurrency ecosystem. Memecoin is essentially humorous, initially just a simple joke. It successfully creates a sense of belonging, and due to its community, it becomes feasible. Dogecoin pioneered this concept, paving the way for memecoins and other garbage coins that fill our beautiful ecosystem.

Dogcoin is the most famous meme in the cryptocurrency ecosystem

DOGE, all recorded memes

Although it is very popular, in the face of certain challenges, dog coins must find its bones. The volatility of the cryptocurrency market is one of the main obstacles faced by this cryptocurrency. In addition, some critics may be furious about the humorous origins of dog coins, questioning their legitimacy as a serious investment. However, dog coins have many tempting prospects.

Recently, Gougou Coin Network has even set a new daily trading record. According to BitInfoCharts, the transaction volume exceeded 719000, even surpassing the Bitcoin network. This significant growth is mainly attributed to the creation of encrypted users through frameworks inspired by the Ordinals protocol (also known as "Doginals").

The meme based on Dogcoin was created using the DRC-20 token standard, which mimics the functionality of the Bitcoin BRC-20 token standard. This system allows users to embed data into the smallest unit of dog tokens, which makes it easier to track replaceable and non replaceable tokens in the network. This innovation has led to a significant increase in user and developer activities.

Dogcoin is not currently the only meme coin in the news. In fact, after the emergence of hairy cryptocurrencies, the cryptocurrency community seems to have enthusiastically embraced Pepecoin, a cryptocurrency directly inspired by Pepethefrog.


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