He is also known for his collaborations with Dogecoin creators fighting cryptocurrencies cheats on Twitter.

This isn't the first time Musk has shown a love for Dogecoin. He had previously changed his Twitter resume to show that he was the CEO of Dogecoin, and had posted a message on Twitter that "put dog money at the wizard" and deleted it shortly afterwards.

On the afternoon of April 17th, BTC100, a domestic bitcoin trading platform, launched the "Charge Dogecoin, Win iPhone 5S Tuhaojin" campaign to celebrate the online Dogecoin (Dog Coin) on the platform.

Dogecoin explodes in TikTok, price jumps 20%

There are certainly more reasons why Dogecoin is so popular. Technically, Dogecoin is actually a faction with Litecoin, which is based on the Scrypt algorithm and, like Litecoin, is easier to trade than Bitcoin, and they have more numbers, with Dogecoin digging up to 100 billion, compared with 21 million bitcoins. Palmer also noted that Dogecoin is not like Bitcoin, where people don't get involved just for the sake of speculation, which is a way of sharing and thanking.

Verge was originally created in 2014 under the name Dogecoin. It changed its name to Verge in 2016, but that doesn't change the fact that it's a dog coin fork. Dogecoin also became a branch of Litecoin, a well-known bitcoin.

Wallet new.py to generate a private key. The private key is an identity that can be used by miners or ordinary users. To keep it simple, the public key of the identity will be used as the wallet address.

11 tokens such as CLAM, DogeCoin, Augur, etc. have been added to the trading area.

Members of the Dogecoin community generously donated a Doge-themed NASCAR car and sent a real Dogecoin to the moon. The community has also donated Dogecoin to charity, sponsoring wells dug in Kenya to provide clean drinking water. These types of behavior make the Dogecoin community part of it, which in turn leads to Doge's unlikely position in the top cryptocurrencies.

Unfortunately, this is not an easy task, as the hype surrounding cryptocurrencies is boiling over. Despite all the hype, we can't use it in hasse. This is not a train leaving the station, everyone needs to jump on it. Given the current volatility, it is a wise choice to wait for the industry to mature and develop technology.