Dogecoin ipo
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Twitter's CEO also shared the screenshot of the March 26, 2022, conversation between him and the anonymous account where the latter was asking to change the bird logo to "doge." Sharing this post on Twitter, Musk wrote, "As promised." Dogecoin trust Additionally, Elon Musk’s tweets and statements about Dogecoin can be unpredictable and quite sudden, and this can cause rapid fluctuations in its price. Some investors argue that this creates instability and unpredictability in the market, making it difficult to invest in Dogecoin with confidence.
Dogecoin supply
This was a specific decision made by Dogecoin's creator, Jackson Palmer. He decided not to implement a cap on Dogecoin once it hit 100 billion coins, stating in 2014: Which Meme Coin Could Explode Next? You can’t depend on tweets and hype trains to make your investment moves. With that in mind, it’s best to stay wary of dogecoin’s new offspring.
Dogecoin price article and permission to publish here provided by Jean Nichols. Originally written for Supply Chain Game Changer and published on October 30, 2021.
As Robinhood portrays it, that's a level of new risk on top of the already at-times precarious cryptocurrency market. After all, $DOGE has been shown to be particularly variable based on high-profile investors, with mere tweets from Tesla's Elon Musk sufficient to send the price rocketing up – or, indeed, crashing down. Tracking Patterns (Bitcoin – Dogecoin) And Mark Cuban, the Dallas Mavericks owner and billionaire investor who has talked up Dogecoin to his 8.3 million Twitter followers, thinks DOGE is headed straight for $1. Once it gets there, he thinks it'll stay there.
Dogecoin supply
Dogecoin surged by more than 16 per cent after the tweet. How does Dogecoin work? There are currently 4,510,766 total addresses that hold dogecoin. Out of this, the top 10 holders control 48.03%. The top 20 holders control 54.76% and the top 50 holders control 62.95%.