Dogecoin, the coin that started out for fun, is getting serious. It is getting on par with the big boys in cryptoworld like Ethereum. It’s still pretty cheap at .007 cents but it is catching on. The image of the Dogecoin is a Shiba Ina, a Japanese dog!
There is an online community of Dogecoin fans. Thanks to a crowdfunding effort, a gold Dogecoin representing the coin is scheduled to reach the Moon’s surface in 2019. Other newsworthy bits on Dogecoin include raising money for the Jamaican Bobsled Team for the 2014 Olympics, raising money for a well in Kenya and sponsoring NASCAR Josh White.
An online casino, MBit, recently added Dogecoin as a deposit/withdrawal method.
Currently Dogecoin is one of the top 50 cryptocurrencies. Will the momentum last? Time will tell.
Litecoin is gaining momentum. It saw a four-fold increase in value from $100 to $400 in five days. It has since settled to $300. It is gaining popularity for use in e-sports. There is also a surge in IRAs that use cryptocurrencies and Litecoin, with its lower price and higher potential upside, is one of the primary coins utilized.
Litecoin transactions are cheaper and faster, two of the hindrances of using Bitcoin. These factors could lead Litecoin, allready a major player in the cryptocurrencey world to overtake Bitcoin.
Bittrex is the leading US exchange to purchase the alternative cryptocoins. You can find almost all the new coins there. Buying is done via Bitcoin. So, you have to deposit Bitcoin first and buy your coins with Bitcoins.