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Dogecoin and why Elon Musk loves it so much
There are many memecoins in the crypto industry—cryptocurrencies inspired by memes. But one memecoin was able to stay in the market, secure its place in the top 10 by capitalization and gain a famous fan - Dogecoin.
Dogecoin was developed by programmer Billy Marcus and marketer Jackson Palmer. DOGE was supposed to be an ironic response to Bitcoin. They wanted to show how easily cryptocurrencies that have nothing special about them can become popular.
Musk first mentioned Dogecoin in 2019, saying that the cryptocurrency helps him save his savings from inflation, and for this he chooses Dogecoin, Bitcoin and Ethereum.
Many believe that DOGE is only successful because of Musk's interest. In 2021, analysts found that 36% of American investors are guided by Musk's tweets when making investment decisions. Every time DOGE is mentioned on Twitter, the coin jumps.
“These people are not financial experts or Silicon Valley technologists. That’s why I decided to support Dogecoin - it’s like a people’s cryptocurrency,” Musk said. He also claims to be involved in the development of Dogecoin.
#Dogecoin-DOGE #ElonMuskTalks $DOGE
There are many memecoins in the crypto industry—cryptocurrencies inspired by memes. But one memecoin was able to stay in the market, secure its place in the top 10 by capitalization and gain a famous fan - Dogecoin.
Dogecoin was developed by programmer Billy Marcus and marketer Jackson Palmer. DOGE was supposed to be an ironic response to Bitcoin. They wanted to show how easily cryptocurrencies that have nothing special about them can become popular.
Musk first mentioned Dogecoin in 2019, saying that the cryptocurrency helps him save his savings from inflation, and for this he chooses Dogecoin, Bitcoin and Ethereum.
Many believe that DOGE is only successful because of Musk's interest. In 2021, analysts found that 36% of American investors are guided by Musk's tweets when making investment decisions. Every time DOGE is mentioned on Twitter, the coin jumps.
“These people are not financial experts or Silicon Valley technologists. That’s why I decided to support Dogecoin - it’s like a people’s cryptocurrency,” Musk said. He also claims to be involved in the development of Dogecoin.
#Dogecoin-DOGE #ElonMuskTalks $DOGE
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Failed BNB launch?
According to the founder of the Binance exchange, Changpeng Zhao, the idea to launch a branded token, Binance Coin (BNB), was born on June 14, 2017, during a dinner in Chengdu, China. On June 18, a 17-page white paper was published detailing BNB and the plan for its launch through a three-week auction. Unlike competitor Coinbase, Binance did not accept fiat currencies, focusing solely on crypto assets. The platform promised a powerful engine capable of processing 1.4 million operations per second. By the time it launched in 2017, the cryptocurrency market was at its peak, with Bitcoin's price quadrupling to $2,800 and a surge in ICOs and the launch of hundreds of digital currencies. In the first six months of 2017, the cryptocurrency market grew fivefold, exceeding $100 billion. The initial offering of 100 million BNB tokens in an auction on July 3 was successful, raising $15 million and an average token price of 15 cents. Part of the funds was used to develop the platform, and most of it was used for marketing and advertising of Binance. Ethereum-based BNB tokens were traded as securities, without giving holders a stake in the business. The Shanghai project grew rapidly, but analysis showed that the ICO sold far fewer tokens than advertised. Only about 10.78 million BNB were transferred to investors, while business angels probably received double that amount. As a result, Binance likely made less than $5 million, rather than the $15 million Zhao claimed. Despite multiple requests from Forbes USA, Binance refuses to provide details about the initial token offering in 2017. See the full article, How Binance Soared on a Failed Branded Launch token" read on forbes.ru#BNB🔥 🔥 #BNB #Binance
The creator of Bitcoin
Today, almost everyone has heard about bitcoin, but few people have thought about its creator. Satoshi Nakamoto is one of the most mysterious personalities of recent times. He created Bitcoin and gave a powerful start to the cryptocurrency industry, which changed our understanding of finance. The desire to reveal his identity arises among many, from crypto enthusiasts to special services. Many investigations have been conducted, and various versions have been put forward about his identity. Information from Nakamoto himself is limited and questioned.
In 2014, Newsweek published its version of the investigation into the identity of Satoshi Nakamoto. According to their claims, a Japanese-American man named Dorian Satoshi Nakamoto lived in the US, whom they mistook for the creator of Bitcoin. However, this version was not confirmed by either Dorian himself or other experts. The account on the P2P Foundation, belonging to the real Satoshi Nakamoto, resumed activity and posted a message refuting Dorian's involvement in the creation of Bitcoin. Later, this account was hacked, but the authenticity of the message remains questionable.
Will this legendary figure be revealed, or will he remain a ghost?
#Write2Earn #Bitcoin #BTC
#OpportunityKnocks #PepeQuizReward
Today, almost everyone has heard about bitcoin, but few people have thought about its creator. Satoshi Nakamoto is one of the most mysterious personalities of recent times. He created Bitcoin and gave a powerful start to the cryptocurrency industry, which changed our understanding of finance. The desire to reveal his identity arises among many, from crypto enthusiasts to special services. Many investigations have been conducted, and various versions have been put forward about his identity. Information from Nakamoto himself is limited and questioned.
In 2014, Newsweek published its version of the investigation into the identity of Satoshi Nakamoto. According to their claims, a Japanese-American man named Dorian Satoshi Nakamoto lived in the US, whom they mistook for the creator of Bitcoin. However, this version was not confirmed by either Dorian himself or other experts. The account on the P2P Foundation, belonging to the real Satoshi Nakamoto, resumed activity and posted a message refuting Dorian's involvement in the creation of Bitcoin. Later, this account was hacked, but the authenticity of the message remains questionable.
Will this legendary figure be revealed, or will he remain a ghost?
#Write2Earn #Bitcoin #BTC
#OpportunityKnocks #PepeQuizReward