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Buy Dogecoin (DOGE) in UK With GBP | CoinJar
Dogecoin
DOGE
What is Dogecoin?
What is Dogecoin? How to buy Doge? These are the "much wow" questions we are here to answer! Dogecoin is a cryptocurrency (or digital currency) that was created in 2013 as a joke, and it was based on a dog meme that was famous at the time. However, strangely, it now is the cryptocurrency with the 11th-highest market capitalisation (at the time of writing, April of 2024).
What is Doge?
Doge is a memecoin. The branding of the cryptocurrency is based around a viral internet meme of a Shiba Inu dog, nicknamed “Doge”, who speaks in broken English and expresses various emotions. Doge runs on the Ethereum blockchain.
Dogecoin has a loyal and enthusiastic community of fans, who use it for tipping, donating, and trading online.
What is a memecoin?
Dogecoin is known as a memecoin. A memecoin is a term used to describe a cryptocurrency that is based on or inspired by an internet meme, a humorous or catchy image, video, or phrase that spreads online.
Memecoins are usually created as jokes or parodies, but some of them have gained serious value and recognition over time.
Memecoins are often supported by passionate and loyal communities, who use them for fun, entertainment, and social interaction. Some examples of memecoins are Dogecoin, Shiba Inu, and Pepe Coin.
It could also be considered an altcoin, which is any coin other than Bitcoin.
The history of Dogecoin
Dogecoin was launched on December 6, 2013, by two software engineers, Billy Markus and Jackson Palmer. They wanted to create a parody of Bitcoin and other cryptocurrencies, that would appeal to a wider audience and make fun of the hype and speculation in the crypto space.
Markus and Palmer chose the doge meme as the inspiration for their coin. Dogecoin quickly gained popularity and attention, thanks to its funny and friendly nature, and its active and supportive community.
Dogecoin also became a popular way of tipping and rewarding content creators and users on social media platforms, such as Reddit, Twitter, and Twitch.
Where did the Doge come from?
The doge meme originated from a 2010 photo of a Shiba Inu dog named Kabosu, who was adopted by a Japanese kindergarten teacher named Atsuko Sato. Sato posted several photos of Kabosu on her blog, and one of them showed the dog looking sideways at the camera with a curious expression.
This photo became viral on the internet, and people started adding captions to it in Comic Sans font, using broken English and modifiers like “so”, “such”, “many”, “much”, and “very”.
The captions were meant to represent the dog’s inner thoughts and feelings, and often included words related to dogs, such as “wow”, “bark”, and “bone”.
The doge meme became one of the most popular and recognisable memes of the 2010s, and spawned many variations and spin-offs.
Why is Dogecoin popular?
Dogecoin is popular for many reasons.
-It has a humorous and light-hearted origin and nature, which make it stand out from other cryptocurrencies, and it appeals to a wider and more diverse audience.
-It has a loyal and enthusiastic community, which is active and supportive on various online platforms, and engages in various social and charitable activities using Dogecoin.
It has a competitive price and figuratively high supply, which make it accessible and affordable.
-It is high speed and has competitive fees, which make it convenient and efficient for transferring value over the internet, and suitable for microtransactions and tipping.
What are the uses of Dogecoin?
Dogecoin can be used for various purposes.
-Tipping and rewarding content creators and users on social media platforms, such as Reddit, Twitter, and Twitch, for providing interesting or valuable content.
-Donating and fundraising for various causes and projects, such as supporting athletes, artists, charities, and communities around the world.
-Buying and selling goods and services online, including real estate.
Dogecoin and popular culture
Dogecoin has over 3.9 million followers on X, at the time of writing.
Dogecoin is often referenced in various media outlets, platforms, and events.
-Saturday Night Live: Dogecoin was the subject of a skit on the popular comedy show, where Elon Musk played a character called “The Dogefather”, who tried to explain what Dogecoin is, and ended up saying that it is “a hustle”.
This actually caused the price of Doge to go down afterwards.
Time Magazine: Dogecoin was mentioned and praised by Elon Musk in his interview with Time Magazine, where he was named the Person of the Year for 2023.
-TikTok: Dogecoin was the subject of a viral challenge on the popular video-sharing app, where users encouraged each other to buy Dogecoin and push its price to $1.
Conclusion
Dogecoin is a cryptocurrency that started as a joke, but has become a phenomenon that has captured the attention of people around the world. It is based on a meme of a dog, and has a fun and friendly culture.
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Buy Dogecoin using Visa or Mastercard. Get cash in your account with Faster Payments Service (FPS). Convert crypto-to-crypto with a single click.How to buy Dogecoin with CoinJar
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Frequently asked questions
When was Dogecoin created?
The memecoin appeared in 2013. It was among the first cryptocurrencies, that rose quickly, like Litecoin.
However Litecoin has somewhat fallen out of popularity (barely hanging on inside the top 20 cryptos by market cap) while Dogecoin hovers in and out of the top ten top cryptocurrencies by market cap.
What is Dogecoin worth?
The price of all cryptos can be volatile, but you can check the price of Dogecoin at the top of this page 24/7.
What is Dogecoin, and why do investors buy it?
Dogecoin is a cryptocurrency created in 2013 as a lighthearted alternative to Bitcoin, inspired by the popular "Doge" meme. It has grown into a widely recognised digital currency supported by a vibrant community.
People buy Dogecoin for its low transaction fees, fast confirmation times, and potential as both a store of value and a medium for tipping online. On CoinJar, you can easily buy Dogecoin with GBP, making it accessible for people in the UK looking to invest in cryptocurrencies.
How can I buy Dogecoin on CoinJar?
To buy Dogecoin on CoinJar, follow these simple steps: Sign up for a CoinJar account and verify your identity. Once you’ve completed an appropriateness test and the mandatory waiting period, deposit GBP via bank transfer or other supported methods, navigate to the "Trade" section, select Dogecoin, enter the amount, and confirm your purchase. CoinJar’s user-friendly platform makes it convenient to buy Dogecoin and store it in your CoinJar wallet.
Is it safe to buy Dogecoin in the UK?
Ideally, buying Dogecoin on a trusted platform like CoinJar is a good way to go. Your funds and personal information are protected with advanced encryption and two-factor authentication. Always ensure you’re using a secure wallet and follow best practices for cryptocurrency storage.
What are the risks of buying Dogecoin?
Investing in Dogecoin carries several inherent risks. Its price is highly volatile, subject to significant fluctuations driven by market sentiment and speculative trading. There is a possibility that its value could go to zero. Its value can be influenced by media coverage and social media trends, leading to unpredictable price swings that can impact investors.
What is the current Dogecoin price?
The Dogecoin price fluctuates based on market demand and supply. On CoinJar, you can view real-time Dogecoin prices in GBP, USD, EUR or AUD before making a purchase. Check the top of this page or the CoinJar app for the latest Dogecoin price updates and trading volume to make informed decisions.
Can I buy Dogecoin with a credit card?
CoinJar supports multiple payment methods to buy Dogecoin, debit and credit cards, alongside bank transfers and other deposit options. While credit card payments allow you to buy instantly, bank transfers are often the most cost-effective way to fund your account and buy Dogecoin in the UK.
How do I store Dogecoin after buying it?
After you buy Dogecoin on CoinJar, it is stored in your CoinJar wallet. You can keep it there for easy access, trade it for other cryptocurrencies, or transfer it to an external wallet for added control. CoinJar’s wallet is designed for convenience and protection, making it ideal for both new and experienced crypto users.
Why is Dogecoin popular among cryptocurrencies?
Dogecoin’s popularity stems from its active community, low transaction costs, and acceptance for online tipping and microtransactions. Since its creation in 2013, Dogecoin has gained a loyal following, with its value often influenced by social media trends and market sentiment. It’s a unique crypto asset for those looking to diversify their portfolio.
Can I sell Dogecoin on CoinJar?
Yes, you can sell Dogecoin on CoinJar. Simply navigate to the "Sell" section, select Dogecoin, choose the amount, and convert it to GBP or another cryptocurrency. CoinJar’s trading platform allows you to buy, sell, or swap Dogecoin with convenience.
What fees are involved when I buy Dogecoin?
CoinJar offers competitive fees for buying Dogecoin. Fees vary based on the payment method and transaction type (e.g., buying, selling, or trading). Check CoinJar’s fee schedule on the website or app for detailed information to ensure transparency when you buy cryptocurrency.
Is Dogecoin a good investment in 2025?
Dogecoin’s value can be volatile, like other cryptocurrencies, but its strong community and growing use cases make it an intriguing option. Research the market, track Dogecoin price trends, and consider your financial goals before investing. CoinJar provides tools to monitor crypto prices and make informed decisions.
Can I trade Dogecoin for other cryptocurrencies?
Yes, CoinJar allows you to trade Dogecoin for other cryptocurrencies like Bitcoin or Ethereum through its swap feature. This makes it easy to diversify your crypto portfolio without needing to convert back to GBP first.
What is the minimum amount of Dogecoin I can buy?
CoinJar allows you to buy small amounts of Dogecoin, making it accessible for beginners. You can start with just £1.
Can I use the CoinJar app to buy Dogecoin?
Absolutely! The CoinJar app, available on iOS and Android, lets you buy Dogecoin on the go. The app offers a convenient experience for purchasing, trading, and managing your Dogecoin and other cryptocurrencies from anywhere in the UK.
Why choose CoinJar to buy Dogecoin?
CoinJar is one of the UK’s most trusted cryptocurrency exchanges, offering a user-friendly platform to buy Dogecoin. With competitive fees, real-time price updates, and dedicated customer support, CoinJar makes it easy to purchase Dogecoin and join the crypto community.
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