#BattleOfTheTokensChallenge
Dogecoin (DOGE), one of the cryptocurrencies that has been heard frequently in recent times, emerged in December 2013. Today, since cryptocurrencies are preferred more for investment and transaction purposes, Dogecoin (DOGE) and its derivatives are on the agenda.
Dogecoin (DOGE), designed to create a fun payment system without traditional banking transaction fees, was produced by Jackson Palmer and Billy Markus. By January 2014, this currency had surpassed many cryptocurrencies, including Bitcoin, with its total transaction volume. This Dogecoin (DOGE) rise continued, reaching a peak of $ 0.017 on January 7, 2018.
Since Dogecoin (DOGE) does not aim to create an innovation in blockchain technology, its transfers are carried out through the blockchain network established by the Litecoin cryptocurrency. Updates made to the Litecoin network also apply to the Dogecoin (DOGE) network.
When it first appeared, a random reward was given to the user for each block mining for investment purposes in Dogecoin (DOGE), but later this reward was turned into a static one.