Dogecoin, some people call it "Dogcoin / Dogcoin", was born on December 8, 2013. Based on the Scrypt algorithm, it is the second largest virtual currency after international users with Bitcoin. After the Dogecoin system went online, due to the help of reddit (the Doge content on this site was terribly flooded), the traffic showed an explosive development, but within two weeks, Dogecoin has launched a dedicated blog and forum. On June 9, the market value reached 100 million.
Because there is no pre-mining, Dogecoin's distribution is fair, charity and reward culture are popular, and the development of users is amazing. On June 9, 2015, Dogecoin's client address was 1.6 million, which is more than 5 times Litecoin; the number of active client addresses was 196,000 in Bitcoin, 83,000 in Dogecoin, and 11,000 in Litecoin; 150,000 foreign followers The number of users is 1.7 times that of Bitcoin and 6 times that of Litecoin. The number of Facebook likes is the same as Bitcoin, far exceeding that of Litecoin. The daily real trading volume has long been the top three virtual currency, which is still not the results achieved before the big platform. The biggest value in the era of the corporate Internet is the huge number of users. It took a year for Dogecoin's user base to reach one third of the number of Bitcoin users and four times the value of Litecoin.