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Billy Marcusthe man who created Dogecoin (DOGE) — the cryptocurrency that started as a meme — recently shared some thoughts on DOGE's purpose in a conversation with a fan.
the topic? Whether Dogecoin is intended to be a tipping currency. The response was very clear – it said that Dogecoin was not created with any grand intentions. But he acknowledged that tipping is a "fantastic" use of currency, and perhaps one of its most appropriate roles.
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Dogecoin started as an experiment, a playful nod to internet culture. But over the years, it has made a name for itself in the digital economy. Tipping – small peer-to-peer exchanges of value – already looks like it was made for DOGE. It's affordable and easy to use, making it perfect for small gestures like tipping.
There has been a lot of hype recently about integrating cryptocurrency transfers on major platforms, which has only increased interest in DOGE. This could be a big opportunity for DOGE to really shine in the microtransaction economy.
The price of Dogecoin (DOGE) is rising
The timing of all this talk about tipping is no coincidence. like Dogecoin price With upward trends, cryptocurrency is back in the spotlight. In just one day, it rose 7.3%, bringing its total return for the week to more than 15%.
Right now, it is worth $0.363, which is slightly higher than previous lows, but still 33% below its 2024 high and slightly below its 2021 all-time high.
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an idea Doug As a tipping coin it lives up to its original spirit – simple, fun and friendly.
Some people in the cryptocurrency market believe that when creators invent new uses for meme coins, they are missing out on the fun and essence of the meme. This leads to inflated expectations, and when creators fail to deliver, the coins lose their value. But DOGE may have been able to hold its own as a tipping currency without losing its meme.
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