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Doge is a cryptocurrency that was introduced in 2013 as a fun cryptocurrency that can reach a wider audience than bitcoin. The logo of this cryptocurrency is Shiba Inu which is an internet meme, this logo is very unique and makes people laugh at it. Indeed, at first, the creator of Doge created this cryptocurrency just for fun.
Doge's creator issued a token of 100 billion coins. But who would have thought, in less than 72 hours after its launch, the price of this token increased 300% from the original US $ 0.00026 to $ 0.00095, but on the next 3 days Doge's price fell 80%. The ups and downs of Dogecoin have continued, until now Dogecoin's market capitalization has reached USD 591,962,245 (CoinMarketCap).
Talking about Dogecoin, there is one token that you might be interested in knowing, this token is the tokenized version of Dogecoin in the form of Ethereum, namely DogeToken - is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Put simply, DogeToken is internet currency.
If all this time you used to know Dogecoin is a standalone cryptocurrency, now you will know the "tokenized" version of Ethereum-based Dogecoin, which is named DogeToken. The purpose of DogeToken is the same as Dogecoin, namely as a cryptocurrency that allows people to be able to use it as payment, or what is usually called "internet currency". But what distinguishes DogeToken from Dogecoin is that DogeToken has a decentralized system, Defi enabled, open-source, POS blockchain with ETH 2.0. So the features that DogeToken have are richer compared to Dogecoin.
As previously explained, DogeToken is tokenization of Dogecoin, which is based on Ethereum to be more precise Ethereum 2.0. Being based on Ethereum 2.0 allows DogeToken to operate at a high speed and with lower fees. This is the new Ethereum blockchain technology, so by using DogeToken with Ethereum 2.0 users can have higher expectations for DogeToken.
DogeToken is an internet currency that can be used by anyone, anywhere in the world. The features provided by DogeToken are qualified enough to be an internet currency that can be used by many people. Following are the features of DogeToken;
100% secure digital money: Security is the main thing for a cryptocurrency. DogeToken is a completely anonymous, decentralized, and extremely secure cryptocurrency. Users can see their contract code directly on the website.
Decentralized and Community Run: DogeToken is run by the community, therefore the role and participation of the community in the development of DogeToken are very important.
Doge Meets Eth 2.0: Ethereum 2.0 based allows DogeToken to operate at high speed and with low fees.
DogeToken is Defi Enabled: DogeToken is planned to be integrated with the DeFi solution via the Uniswap protocol, which allows users to stake or yield farming.
DogeToken or abbreviated as DGT is a cryptocurrency based on Ethereum ERC-20 with a supply of up to 12,700,000,000 DGT. This token will function as a token that will support all platform operations. Users can use these tokens for a stake or yield farming. The following is information from DogeToken;
Max Total Supply: 12,700,000,000 DGT
Dogecoin is a cryptocurrency that was originally created for fun and wants to beat Bitcoin is a wider audience. But over time the number of Dogecoin users has increased, until now it has millions of users with a market capitalization of hundreds of millions of dollars. This means Dogecoin is accepted by the public. In line with Dogecoin, DogeToken wants to be an internet currency that can be used by many people. DogeToken is a tokenized version of Dogecoin which has the main function of being a cryptocurrency, however, DogeToken has more complete features with a decentralized system, Defi enabled, open-source, POS blockchain with ETH 2.0. It is hoped that the presence of DogeToken will make it easier for people to transact and send money anywhere more quickly and cheaply. As well as being a cryptocurrency with a DeFi solution that can maximize user profits.