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What is LiteDoge Coin?

What is LiteDoge Coin?


Officially, Litedoge Coin was announced on December 30, 2014 and on March 19, the cryptocurrency was first available on the market. Currently, the well-known also under the symbol LDOGE Coin can be used for in the following online exchanges crypto currencies are traded: Cryptopia, Yobit, CoinGather, Nova and Tradesatoshi. There are currently 14,905,043,015 units in circulation at LiteDoge, with approximately 20,000,000,000 LDOGEs expected to exist.

Speed ​​of LiteDoge Coin

Great attention is paid to speed in the LiteDoge team. Virtually everything that makes up this cryptocurrency can be taken as an example, such as the fast time to market, the rapid development, the short block time and the speed with which the team further develops their offer. Within a very short time, a marketing campaign was put into place, the first wallets were programmed and the IPO on numerous renowned online exchanges was not long in coming. This was followed by the mobile wallets and LiteDoge has set as next goals to offer encrypted chats and special offers for dealers on the Internet. The average speed with which a block is generated is one of the highest in the cryptocurrency field, It only takes 64 seconds for LiteDoge. For comparison: Bitcoin takes ten minutes for a block.

Technical specifications and details of LiteDoge Coin

LiteDoge uses the Scrypt algorithm for mining and the “PoS 2.0” algorithm for the proof of stake tasks. Unlike most other cryptocurrencies, LDOGE increases the difficulty of digging a new block with every single block. Since a block is created in an average of 64 seconds, this is – as everything with LDOGE – very fast. Wallets are available for Windows, Mac and Raspberry Pi.

What is the current market capitalization of LiteDoge Coin?

The launch of cryptocurrency LiteDoge took place on March 19, 2015. At that time, a pro-coin value of $ 0.000020 (USD) could be achieved. Initial market capitalization data is available on April 18, which was $ 12,353 at that time, which was realized through a $ 0.000004 coin price. Over the following year, the coin price was always volatile, fluctuating around $ 0.000006, while the stock market value of the cryptocurrency continued to climb. The currency made a surprise appreciation on April 6, 2016, when LDOGE temporarily realized a market capitalization of $ 293,450.

Just as quickly, however, the value also fell again between mid-2016 and mid-2017 around a stock market value of $ 50,000. Daily fluctuations determined the picture of LDOGE. A second explosive increase in the value of LiteDoge occurred in early June 2017, when the value finally reached its historic high. Market capitalization on June 8 was $ 6,948,055 and the coin price was $ 0.000470. Then there was a downturn again, the currency has fluctuated for several months to a stock market value of $ 1,200,000. As of December 16, 2017, the coin value was $ 0.000049, which enabled it to achieve a market capitalization of $ 729,253.

The post What is LiteDoge Coin? appeared first on Technology Geeks | Gadgets | IoT | News.

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What is LiteDoge Coin?


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