Dogecoin Could Be Bitcoin's Saving Grace
Dogecoin is a cryptocurrency that mimics the appearance of the famous Doge meme. It was launched in 2013 with the aim of becoming the most popular internet meme currency. Although it has had its ups and downs, it is currently trading at $0.003314 per coin, down 0.47% from yesterday's closing price.
Dogecoin has has been subject to controversy over the years, but the most recent one concerns its founder and creator Jackson Palmer. In May, Palmer filed a lawsuit against Dogecoin for allegedly stealing intellectual property related to its blockchain technology.
He then handed over his patents to the company so it could continue operating, but it eventually closed after losing millions of dollars from investors who believed in its potential such as an online payment system.
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