dogecoin what is

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dogecoin what is, what is dogecoin

Dogecoin itself is already a fairly insinive background, and it's been wildly hyped. His creator, Jackson Palmer, himself an Adobe business group product manager, had nothing to do after work and decided to buy the domain name Dogecoin, and then IBM software engineer Billy Markus helped him mint it;

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However, it can also be argued that any monetary inflation is necessary. Without inflation, Dogecoin holders will be encouraged to hoard their currency. This goes against the nature of Dogecoin.

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The news comes after data released on July 29th by Messari, an encryption market analysis firm, showed that DeFi's total assets amounted to only 1.5 per cent of the total market capitalisation of crypto assets. With the exception of MakerDAO (MKR), even Dogecoin (DOGE) has a higher market value than any DeFi project. (Crypto Briefing)