DOGGO

Overview of DOGGO(DOGGO)

DOGGO (DOGGO) is a digital cryptocurrency that operates within blockchain technology, similar to popular cryptocurrencies such as Bitcoin and Ethereum. Functioning in a decentralized manner, it does not rely on a central regulatory authority.

DOGGO aims to create an ecosystem that allows for swift, secure, and transparent peer-to-peer transactions. Like other cryptocurrencies, DOGGO's value fluctuates based on demand, trading volumes, and general market conditions.

Pros and Cons

What Makes DOGGO(DOGGO) Unique？

Successful NFT ecosystem with appreciating floor prices, community-focused initiatives, and regular monthly payouts in SOL. These factors can make DOGGO an attractive and distinctive project in the cryptocurrency and NFT space, offering benefits and incentives to its user base.

Price of DOGGO(DOGGO)

DOGGO is a meme coin that was launched in April 2022. There is no mining cap for DOGGO. The total supply at launch was 1 quadrillion tokens, with half of that burned immediately so the circulating supply started at 500 trillion. Being less than a year old, DOGGO's price history is limited but shows high volatility as is common with new and speculative meme coins. After launch, DOGGO's price spiked in the first few months up to an all-time high of around $0.0000000009 in early May 2022 before crashing back down. Since then, the price has fluctuated dramatically but trended downward overall in the long-run.

How Does DOGGO(DOGGO) Work？

DOGGO operates on the principle of blockchain technology, which is a decentralized, distributed ledger system. This means that instead of being stored on a single server or database, information about DOGGO transactions, including their origin, destination, and quantity, is stored across a network of computers, or nodes.

Every time a DOGGO transaction is made, it is bundled with other transactions into a new block. Each block, once verified for accuracy and completed, is added to the chain of blocks or the blockchain. Such verification is usually done via a process known as mining, wherein miners solve complex mathematical problems to verify transactions and add new blocks to the chain. This ensures that every transaction is accurately recorded and makes alteration of any transaction difficult, contributing to the security and integrity of DOGGO.



Exchanges to Buy DOGGO(DOGGO)

To purchase DOGGO crypto, you can use several exchanges, where the actual available trading pairs might vary.

1. Binance: It is one of the world's largest and most well-known cryptocurrency exchanges. Binance usually offers trading pairs with Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Tether (USDT).

2. Kraken: It is another large cryptocurrency exchange that's recognized worldwide, similar to Binance, it frequently offers trading pairs with Bitcoin (BTC), Ethereum (ETH), and various fiat currencies like the US Dollar (USD), Euro (EUR), and British Pound (GBP).

3. Bitfinex: This exchange also provides a wide variety of trading pairs. Users can typically trade DOGGO with other popular cryptocurrencies and sometimes with fiat currencies.

How to Store DOGGO(DOGGO)？

As an ERC-20 token on the Ethereum blockchain, DOGGO can be stored in any Ethereum-compatible wallet. Some popular options include:

• MetaMask:

  A browser extension wallet that allows you to store ERC-20 tokens and interact with Ethereum dApps right from your browser. Easy to set up and use.

• Trust Wallet:

  A mobile wallet available on iOS and Android. Supports many cryptocurrencies including ERC-20 tokens. Offers a user-friendly interface and secure storage.

• MyEtherWallet:

  A client-side interface for generating Ethereum wallets. Gives you full control over your private keys. Can be used to store DOGGO along with other Ethereum-based assets.

• Ledger Hardware Wallet:

  A physical USB device providing offline, cold storage. Supports DOGGO and many other cryptos. Provides top-notch security with hardware encryption.

Should You Buy DOGGO(DOGGO)？

The most suitable DOGGO traders are those who understand the high risks, are comfortable with volatility, and approach trading based more on speculation and technicals rather than fundamentals.

• Speculators - DOGGO, like many cryptocurrencies, tends to see significant price volatility. This gives opportunities for speculative traders who are looking to profit from major price swings. The high risk is balanced by the potential for quick profits.
• Meme coin enthusiasts - As a meme-themed coin, DOGGO may appeal to traders interested specifically in these types of cryptocurrencies. The fun meme concept and community are attractive to some trader personalities.
• Technical traders - With limited fundamentals to analyze, DOGGO trading may rely more on technical analysis. Traders who utilize chart patterns, indicators, and other technical strategies may find opportunities.

FAQs

Q: What blockchain is DOGGO built on？

A: DOGGO is an ERC-20 token built on the Ethereum blockchain.

Q: How is the DOGGO supply distributed？

A: 50% of the total supply was burned at launch, 46% was added to PancakeSwap liquidity, 2% went to the dev wallet, and 2% was held for exchange listings.

Q: Is there a maximum supply of DOGGO？

A: No, there is no max supply as DOGGO has an inflationary supply model.

Q: How are new DOGGO tokens created？

A: New DOGGO tokens are minted with each transaction and distributed to holders proportional to their share of holdings.

Q: Is DOGGO designed to be used for payments？

A: Yes, DOGGO aims to function as a tipping and micropayments cryptocurrency.

Q: What are the fees for sending DOGGO？

A: DOGGO has a 2% transaction fee, with 1% distributed to holders and 1% burned.