Summary
This prediction ended on 19.04.22 with a price of €0.13. Ilyo correctly predicted massive losses of -54.77% for Dogecoin. This prediction was marked as speculative and is excluded from Ilyo's performance statistics.Dogecoin is a popular digital currency that was introduced in 2013. It was created by two software developers, Billy Markus and Jackson Palmer, as a fun and playful alternative to bitcoin. The name "Dogecoin" comes from the "Doge" meme, which features a Shiba Inu dog and was popular on social media at the time.
Dogecoin is based on the same technology as bitcoin, called blockchain. However, it has a few unique features that make it different from other cryptocurrencies. For example, Dogecoin has a faster block time than bitcoin, meaning that transactions are processed more quickly. It also has a higher supply cap than bitcoin, which means there are more coins in circulation.
One of the main applications of Dogecoin is as a means of payment. It can be used to buy goods and services online, as well as to tip content creators on social media platforms like Reddit and Twitter. The friendly and fun-loving community that has grown up around Dogecoin has made it popular for this purpose.
In addition to its use as a payment method, Dogecoin has also been used for charitable purposes. The community has raised money for various causes, including sponsoring a Nascar driver and supporting clean water initiatives in developing countries.
Overall, Dogecoin's main applications are as a fast and playful cryptocurrency for making payments and supporting charitable causes. Its popularity and unique features have made it a beloved part of the crypto community.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Dogecoin | -2.762% | -2.762% | 93.939% | -28.419% |
| iShares Core DAX® | 1.804% | -0.748% | 13.168% | 16.408% |
| iShares Nasdaq 100 | -0.182% | -3.412% | 39.976% | 43.502% |
| iShares Nikkei 225® | 0.413% | -7.381% | 18.776% | 2.874% |
| iShares S&P 500 | 0.664% | -1.941% | 28.141% | 42.155% |
Comments by Ilyo for this prediction
In the thread Dogecoin diskutieren
In the thread Trading Dogecoin