Dogecoin differs from bitcoin in that there is no hard limit on the total supply of coins. Bitcoin has a fixed supply of about 21 million coins, of which not all have been mined yet. Dogecoin on the other hand has more than 100 billion coins outstanding, with 5 billion in new coins hitting the supply every year.
Even the founder of dogecoin, Billy Markus, can't make sense of the surge in the coin he started as a joke. Markus"The idea of dogecoin being worth 8 cents is the same as GameStop being worth $325, it doesn't make sense." Dogecoin's unlimited supply cap and the bewilderment of its founder hasn't stopped investors from piling into dogecoin, making it now more valuable than these 11 well-known companies.
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Doge coin rise Is theater for most. A win fall for some. But mostly, It is a example in herd induced mania.
michelledieck
But how exactly doge coin is useful? How many people bought anything with doge coin? It's just a highly inflated crypto currency
Well we better know Doge thats why Doge is worth more ...soon even more than the mooooooooon