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In fact, Paypal has always been interested in virtual currencies in private. Paypal is exploring integrating Bitcoin and other virtual currencies, such as LiteCoin and Dogecoin, into physical smartphone payments, according to a recent patent filing by Paypal.

Of TikTok and Dogecoins - Scool Buzz

Although DeFi tokens are the leader, they are not the only tokens with significant price increases. Dogecoin (DOGE), a popular shanzhai coin, has also made huge gains under the viral TikTok video, and projects such as Filecoin and Polkadot have caused a stir. All this happens when Bitcoin hovers between $9,000 and $10,000, and Bitcoin behaves like a stable currency. The shanzhai coin season has begun, but will it stop?

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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.