What coins are there on the Musk platform?

Dogecoin, bitcoin. Musk has repeatedly supported Doecoin, which has caused the price of Doecoin to soar. The fate of Musk and dogecoin began on 20 19. At that time, it was just a joke. People elected him as CEO of dogecoin. Later, Musk supported Doecoin many times and even said that he would take Doecoin to the moon. With his goods, the price of dogecoin has risen all the way, even hundreds of times, and its market value has reached tens of billions of dollars.

I. dogecoin

Dogecoin is a cryptocurrency with low price and unlimited quantity. The founder of dogecoin saw that Bitcoin was being hyped and thought that Bitcoin violated the original intention of decentralization and became a hype tool. So, in order to satirize the worthless bitcoin, he developed a cryptocurrency named dogecoin. Dogecoin's initial price distribution was very cheap, and some people even delivered it specially, so it didn't cost money to buy it. Moreover, unlike bitcoin in DoCoCoin, there is no upper limit for the circulation in DoCoCoin, which leads to the long-term low price in DoCoCoin.

Second, there are three main reasons why dog coins can be popular all over the world:

First, there is a good cultural background-tipping culture. As an electronic currency, Dogecoin was born in 20131February 12, and it became the second largest tipping currency only one week after its launch. Many people participate in dog coin trading, not for speculation, but as a way to express sharing and gratitude.

Second, there is a good humanistic background-charity culture. Dogecoin has been widely used in charity. After helping Jamaican bobsleigh team and three Indian athletes embark on the journey of Sochi Winter Olympics, all the proceeds from Doge4Kids' charity fund-raising activities were donated to 4 Paws for ability charity. It is understood that the dog money fund has sponsored another $30,000 to solve the water crisis in Kenya, which has to be said to be another commendable charity activity done by the dog money. In addition, it is reported that the Dog Coin Fund recently sponsored a racing competition.

Third, the popularity index is relatively high. According to statistics, the attention in reddit Dog Coin Community exceeds 75,000, far exceeding LTC, while BTC's attention in five years is only 654.38+0.2 million. There are a wide range of applications to support a large number of foreign websites to accept BTC payment and also support dog currency payment; Proof of volume. The trading volume of dog coins on C network has been ranked first since it was launched, surpassing the trading volume of all other counterfeit coins including Litecoin. Large turnover and good liquidity are important manifestations of the existence of virtual currency.