Billy Marcus is known on Twitter as Shibetoshi Nakamoto. In his tweets, he has asked the DOGE community to ‘remain calm’ and avoid speculation. She tweeted that if the community doesn’t stop indulging in negativity, it will affect the brand.
keep the #dogecoin brand cool
if people are having fun with it and not getting too crazy and gatekeeping, it is a valuable brand
if people start gettin’ crazy, toxic, attacky, spammy, entitled, etc. that hurts the brand quite a bit
stay cool, stay fun, stay lightheaded! pic.twitter.com/so34KgbBek
— Shibetoshi Nakamoto (@BillyM2k) February 2, 2022
Dogecoin is an open source peer-to-peer cryptocurrency. It was made as a joke in 2013. The Dogecoin logo shows a smiling Shiba Inu dog.
DOGE Coin is ranked 10th on CoinMarketCap with a market valuation of $18,365,686,088 (approximately Rs 1,37,475 crore). There are currently over 4.8 million wallet addresses holding DOGE tokens.
DOGE Coin has a huge list of supporters. Tesla CEO and billionaire Elon Musk is also a big supporter of Dogecoin. Recently they announced Dogecoin as a payment option for select Tesla merchandise.
Recently Elon Musk said that bitcoin is not a good option for transactions. He said that even though Dogecoin was created as a joke, it is better for transactions. However, Dogecoin continues to be adopted as a payment option. It has also been listed as a payment option at American movie hall chain AMC Theaters.
DOGE has a circulating supply of 132,670,764,300 coins so far, the maximum supply number of which is yet to be decided. However, looking at the current state of the crypto market, it seems that Dogecoin, like other cryptocurrencies, is not going to get better anytime soon. it will take a while to recover
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