is dogecoin a cryptocurrency

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App editors note that of the three exchanges, Rapidcambio and Airtm both serve crypto-digital currency exchange bolivars. The former supports redemption and allows users to transfer money in Bitcoin, Ether, Bitcoin Cash, Dascoin, Litecoin and Ripple. The latter supports Zcash, Bitcoin, Bitcoin Cash, Ether, Ripple, Litecoin, Monroe, Dogecoin and Tether (USDT) exchanges.

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Elon Musk hass the his own cryptocurrency. Or at least, his crypto-related tweets. A month and a half half after calling bitcoin "brilliant," the Tesla and SpaceX founder lauded one of the crypto market's longest-running, and famously whimsical, alternatives. "Dogecoin may be my fav cryptocurrency. It's pretty cool," Musk tweeted. His praise for the meme-inspired asset came in response to an April Fool's Day polled the day by the official Dogecoin account asking who be the cryptocurrency's next CEO (an). therefore notion on its face, since crypto projects are valued to be local). Musk won with 54 percent of the vote.

is dogecoin a cryptocurrency?

Dogecoin started the seven-day chart with a strong support level of $0.0015, with the overall bearish nature of the cryptocurrency market forcing the price to reach $0.0017. With most coins facing a major downward trend, Bitcoin also falling below the $6,000 key level, Ethereum surviving the $120 support level and the Dog Coin facing negative momentum. The current price is $0.0017, with a market value of $212,486,942 and a trading volume of $156,545,377. The current cycle supply is $123,654,490,995 DOGE.

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The Dogecoin community is responsible for the creation of the Dogecoin Foundation, a non-profit organization that promotes the use of Dogecoin through goodwill and charitable activities. These activities included a $30,000 DOGE donation to the Jamaican bobsleigh team at the 2014 Winter Olympics and an additional $30,000 to Kenya's Clean Water Initiative.