What is Dogecoin?
Dogecoin is a decentralized, peer-to-peer digital currency. That enables you to easily send money online. Think of it as “the internet currency.”
Based on the recent events in 2021 by the now one of the Wealthiest Man in the United States Elon Musk. The Crypto market surging, the SEC has no Idea what to do with the People or the digital currency.
Elon just weeks ago purchased 1.5 Billion in Bitcoin. Then he used a portion of the Bitcoin to purchase Dogecoin and has then asked the coin holders over the globe to sell the coin to decrease the price of the coin.
Based on Elon recent actions we can infer that its going to be some major moves coming from this one coin and Tesla very soon.
Dogecoin Dojo Super Computer Explained
Tesla’s Dojo would place the computer among the most powerful in the world once complete. Dojo 1.0 will be complete in about a year. Tesla’s Dojo will likely be highly specialized for Tesla. Watch the video below for a more detailed breakdown
Should I Invest In Dogecoin and How?
So yes it’s just like Bitcoin (BTC) and Ethereum (ETH) . DogeCoin has it own Crypto Wallet as well https://dogecoin.com/getting-started/#phone-wallet and has the ability to be a major come up with limited risk. For those willing to hold and get in on the coin early. So me personally would start out wit a few hundreds dollars now and watch the market and move based on the changes.
I have a Coinbase wallet that I use to buy Bitcoin and other crypto. They do not support Dogecoin on their platform. So we must find other avenues like Doge it self or Exodus. https://www.exodus.com/ who has a up and coming IPO and with them being able host doge gives them a little bit of a edge. So look out for that.