All About Dogecoin
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Pure irrational speculation and the dominance of Asian markets have allowed these tokens to trade at meaningless valuations. Of course, the founders of a project like Dogecoin have made it clear that the project has never been serious about what it wants to be, and that it should move towards zero in a rational and efficient market.
Dogecoin, known as the Dog Coin/Dog Coin, was born on December 8, 2013, based on the Scrypt algorithm and was created by Billy Markus and Jackson Palmer. It comes from a "doge" emoji bag in memory of the shiba-inu breed. It became a widely popular cryptocurrency after its launch, reportedly far more popular than its founder, Billy Markus, had expected.
Recently, Intezer's cybersecurity researchers discovered a new type of malware that relies on the Dogecoin blockchain network to attack cloud servers. The malware, called Doki, is deployed through a botnet called Ngrok, allowing an attacker to take control of a specific user's Dogecoin wallet.