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Dogecoin is Dogecoin, an old currency that was born in Tahiti in 2013. In fact, since the birth of Dogecoin, its development has been tepid. It was not until the beginning of last year that Dogecoin became popular. . In fact, Dogecoin is just a digital currency that originated as a joke, because its founder is a marketing expert in Australia, so Dogecoin is just for fun. Dogecoin is popular because of its unique tipping culture. The currency circle has survived, and this misplaced competition has also brought long-term vitality to Dogecoin, so much so that there are still many investors interested in it and want to know how many RMB 1 Dogecoin =? You might as well take a look at the currency circle editor’s introduction to the price of Dogecoin in 2022.

## 1 Dogecoin = how many RMB?

As of 13:32 on February 7, 2022, the price of Dogecoin is US$0.1929, which is equivalent to approximately 1.2263 yuan in RMB. Dogecoin, some people call it "Dogecoin/Dogecoin", was born on December 8, 2013. Based on the Scrypt algorithm, it is the second largest virtual currency in the world after Bitcoin in terms of number of users.
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After the Dogecoin system was launched, due to the help of reddit (the Doge content on this website is horribly overflowing), the traffic developed explosively. Within two weeks, Dogecoin had already launched dedicated blogs and forums. As of 2015 On June 9, the market value reached 100 million. Since there is no pre-mining, Dogecoin is distributed fairly, the culture of charity and reward is deeply popular, and the user development is astonishingly rapid.

On June 9, 2015, the number of Dogecoin client addresses was 1.6 million, more than five times that of Litecoin; the number of active client addresses was 196,000 for Bitcoin, 83,000 for Dogecoin, and 11,000 for Litecoin; the number of foreign Twitter followers was 150,000 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 that of Bitcoin, far exceeding Litecoin. The daily real trading volume has long been among the top three virtual currencies. This is still an achievement before joining the big platform. The greatest value in the enterprise Internet era is the huge number of users. It took one year for the user base of Dogecoin to reach one-third of the number of Bitcoin users and four times that of Litecoin.

## Background introduction to Dogecoin

Dogecoin was born on December 12, 2013. The authors are Jackson Palmer, a brand and marketing expert from Australia, and Palmer, a programmer from Portland, Oregon, USA.

Dogecoin is based on the Scrypt algorithm, and the transaction process is more convenient than Bitcoin. The confirmation time of Dogecoin is only 1 minute, while BTC takes 10 minutes. Moreover, there are more dogs, the price is low, the transfer speed is fast, and it is suitable for online rewards, etc. It is more convenient for the psychological needs of the public, making it more convenient for civilian development.

Dogecoin has its own core culture. It has a good cultural background - tipping culture, a good humanistic background - charity culture, and a good popularity prospect - grassroots culture.

Dogecoin will mine 100 billion in the first year, and 5 billion will be mined every year thereafter, with no upper limit. That is to say, one year later, the inflation rate will remain at 5% per year and continue to decrease. After 20 years, the annual inflation rate will be only 2.5%. This is more in line with the development of currency. More than 90 billion Dogecoin has been mined, and it will be halved again around October 2 in five days. By then, the inflation rate will be lower than Bitcoin.

Dogecoin has adopted auxiliary mining, and the computing power has increased from 60G to nearly 1T. It can be said that auxiliary mining has solved the biggest security problem of Dogecoin. Assisted mining is a completely different solution from the merged mining proposed by the previous LTC founders.

The above content is the detailed explanation of the editor of the currency circle on the issue of 1 Dogecoin = how many RMB. Many investors will assume that Dogecoin is an air currency. In fact, Dogecoin is not an air currency. Not only is it not, Dogecoin is also a mainstream currency. Air coins refer to those virtual coins that are not supported by physical projects, and Dogecoin is currently widely used. When we judge whether a digital currency is a real-time air currency, we can take a look at the number, circulation, transfer transaction records, etc. of the digital currency. Moreover, because it is an investment product, it will be promoted as only rising but not falling, high returns, etc. To lure investors, this is actually a scam.