The rapid rise demonstrates the mania that has engulfed digital coins and has worried even dogecoin's creator.

Jackson Palmer told Coindesk, a website that tracks cryptocurrency news and prices, that he had faith in the development team behind dogecoin’s technology, but that it “says a lot about the state of the cryptocurrency space in general that a currency with a dog on it which hasn't released a software update in over two years has a

The rapid rise demonstrates the mania that has engulfed digital coins and has worried even dogecoin's creator.

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The rapid rise demonstrates the mania that has engulfed digital coins and has worried even dogecoin's creator.

Jackson Palmer told Coindesk, a website that tracks cryptocurrency news and prices, that he had faith in the development team behind dogecoin’s technology, but that it “says a lot about the state of the cryptocurrency space in general that a currency with a dog on it which hasn't released a software update in over two years has a $1bn-plus market cap”.

bn-plus market cap”.

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XRP, a cryptocurrency created by the fintech company Ripple is easily the best performing cryptocurrency of 2017, registering astonishing 37,000 per cent gains $0.0065 per token in January 2017, to $2.47 by the end of the year.

The rise has potentially catapulted its creator, Chris Larsen, high up the world’s rich list.

The use of problem-solving in this way is the reason bitcoin is known as a cryptocurrency.

Noticing What Isn't Right Engaging in Conversation Meeting the Person Community Q&A For most of us, finding love on the internet can be a gift from heaven.wiki How's mission is to help people learn, and we really hope this article helped you.Now you are helping others, just by visiting wiki How.All of the developers who work on dogecoin’s technology are reportedly volunteers.One of the team, Max Keller, told Coindesk that it was “a little scary” to find himself working on software that powers a billion-dollar network. “Still, I am proud of what we achieved and thankful to be part of such a great community." 4 January 2018 - Bitcoin has been at the centre of the cryptocurrency craze as its value has risen more than 12-fold this year but it has been significantly outperformed by a smaller rival which has seen its value rise by that amount in less than three weeks.It began as a way to poke fun at the growing hype surrounding cryptocurrency.