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Dogecoin reached the value of a penny

At the beginning of the year its value was $ 0.0002 USD

In 2017, high profits were registered for multiple cryptoactives, among which names such as Bitcoin , Litecoin , Ethereum and IOTA stand out . However, a digital currency that has also had large increases and that several people do not consider is Dogecoin . At the beginning of the year it was possible to acquire up to 50 doge  with a penny (each doge was worth 0,0002 US dollars), and yesterday each coin cost 0.01 dollars.

Of course, the Dogecoin community has received this increase as if it were a Christmas gift, and now they can boast that their favorite electronic currency is among the 35 main cryptocurrencies of CoinMarketCap , when Dogecoin spent a good time   between positions 40 and 50 from the top. It should be noted that, at that price, the asset looks like an option to attract new followers to the world of cryptocurrencies.

However, it is worth noting that the rate of a Doge per transaction is increasingly expensive , since it rises and falls in parallel with the price of the currency. Although at this moment the fee or rate is one cent, we must bear in mind that this value is four times more than it was at the beginning of the year.

Although yesterday Reached a penny, today the cryptocurrency experienced a fall and, when it is 6:30 am New York time, it has a price of USD $ 0.007, 17.46% less than yesterday at the same time.

It is worth remembering that DogeCoin is a cryptocurrency that was born as a parody of digital currencies. In 2016, it was very successful with floods of up to 600% .

The post Dogecoin Reached the value of a penny appeared first on Digital Bodha.

This post first appeared on Cryptocurrency News | Bitcoin Mining Hardware | Dogecoin, please read the originial post: here

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Dogecoin reached the value of a penny


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