Dogecoin (DOGE) vs Tether (USDT) Comparison
Cryptocurrencies have been gaining popularity over the years, and today there are thousands of digital currencies to choose from. Two popular cryptocurrencies that are often compared are Dogecoin (DOGE) and Tether (USDT). While both have their own unique features, they also have some similarities. In this review, we will compare DOGE and USDT across five categories: history, purpose, market capitalization, price stability, and adoption.
History
Dogecoin was created in 2013 by Billy Markus and Jackson Palmer as a joke, based on the popular "Doge" meme. It was initially intended to be a lighthearted alternative to Bitcoin, with faster transaction times and a more welcoming community. However, it gained unexpected popularity and has since become a serious digital currency that is widely used for transactions and as a store of value.
Tether, on the other hand, was launched in 2014 as a stablecoin. It was designed to provide a cryptocurrency that was pegged to the US dollar, providing stability and reliability to traders and investors. It has since become one of the most widely used stablecoins in the cryptocurrency market.
Purpose
Dogecoin is primarily used as a digital currency for transactions and as a store of value. It has a relatively fast block time of one minute, which allows for quick and efficient transactions. Dogecoin is also known for its low transaction fees, making it an attractive option for microtransactions.
Tether, on the other hand, was designed as a stablecoin that is pegged to the US dollar. Its primary purpose is to provide stability to traders and investors, allowing them to hedge against the volatility of other cryptocurrencies. Tether is also widely used for trading on cryptocurrency exchanges, as it provides a convenient way to move funds between different cryptocurrencies.
Market Capitalization
As of May 2023, Dogecoin has a market capitalization of approximately $25 billion, making it one of the top 10 cryptocurrencies by market capitalization. It has experienced significant growth over the years, especially in 2021, when it gained widespread attention due to support from celebrities like Elon Musk.
Tether, on the other hand, has a much larger market capitalization of approximately $50 billion, making it the third-largest cryptocurrency by market capitalization. This is due to its widespread use as a stablecoin, providing a reliable and stable asset for traders and investors.
Price Stability
One of the key features of Tether is its price stability. As a stablecoin pegged to the US dollar, the value of Tether is designed to remain relatively stable, with minimal fluctuations. This provides a reliable and stable asset for traders and investors, who can use Tether to hedge against the volatility of other cryptocurrencies.
Dogecoin, on the other hand, is known for its volatility. Its price can fluctuate significantly in a short period, making it a high-risk investment. While this can provide opportunities for high returns, it also carries a significant amount of risk.
Adoption
Dogecoin has gained significant adoption over the years, with many merchants accepting it as a form of payment. It has also gained widespread attention on social media, particularly on Twitter and Reddit, where it has a large and active community.
Tether, on the other hand, is primarily used for trading on cryptocurrency exchanges. While it does have some adoption as a form of payment, it is not as widely accepted as Dogecoin.
User rating
Cryptogeek rating
Puntaje de confianza
¿Cómo funciona?
Sobre
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Dogecoin (DOGE) se fundó en los Estados Unidos en 2013 como una broma, pero rápidamente ganó un gran número de seguidores. Se convirtió en una criptomoneda popular (DOGE) utilizada para inclinar a los creadores de contenido (principalmente en Reddit y Telegram). Como los creadores no tenían planes serios para su moneda, no elaboraron una hoja de ruta y no estaban trabajando demasiado en la mejora de su proyecto. El fundador de Dogecoin, Jackson Palmer, dejó el proyecto en 2015.
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Tether es una criptomoneda lanzada en 2014. Es una llamada moneda estable actualmente liderada por la capitalización de mercado. Aunque de acuerdo con la idea inicial, cada Tether estaba respaldado por $ 1 (que iba a mantener estable el precio de Tether), la compañía no siempre logró mantener este precio (en algún momento en octubre de 2018, el precio bajó a $ 0.9 por un Tether ) Tether tiene éxito en términos de capitalización de mercado y su precio casi siempre está cerca de $ 1.
|
Tipo
Fecha de creación
País
|
International
|
International
|
Idiomas
Equipo
Protocolo
Precio actual (USD)
Punto más alto (USD)
Intercambiar en el precio (24h)
Volumen (24h)
|
59533310.55953
|
518009011.28353
|
Hashrate
Suministros máximos
|
Sin datos
|
9479177442.00000
|
Suministro total
Suministros circulantes
|
99999999999.99999
|
99999999999.99999
|
Velocidad de transacción / Tiempo de Bloque
Comisión de transacción
Rentabilidad minera
Algoritmo
Tipo de prueba
Totalmente preminado
Dirección de contrato inteligente
Total de monedas extraídas
|
125408835593.31000
|
6037847550.67736
|
Es el comercio
Recompensa de bloque
|
0.000000000000
|
0.000000000000
|
Tiempo de bloque
Sobre |
Dogecoin (DOGE) se fundó en los Estados Unidos en 2013 como una broma, pero rápidamente ganó un gran número de seguidores. Se convirtió en una criptomoneda popular (DOGE) utilizada para inclinar a los creadores de contenido (principalmente en Reddit y Telegram). Como los creadores no tenían planes serios para su moneda, no elaboraron una hoja de ruta y no estaban trabajando demasiado en la mejora de su proyecto. El fundador de Dogecoin, Jackson Palmer, dejó el proyecto en 2015.
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Tether es una criptomoneda lanzada en 2014. Es una llamada moneda estable actualmente liderada por la capitalización de mercado. Aunque de acuerdo con la idea inicial, cada Tether estaba respaldado por $ 1 (que iba a mantener estable el precio de Tether), la compañía no siempre logró mantener este precio (en algún momento en octubre de 2018, el precio bajó a $ 0.9 por un Tether ) Tether tiene éxito en términos de capitalización de mercado y su precio casi siempre está cerca de $ 1.
|
Tipo |
Tipo
coin
|
Tipo
token
|
Fecha de creación |
Fecha de creación
2013
|
Fecha de creación
Sin datos
|
País |
País
International
|
País
International
|
Idiomas |
Idiomas
Sin datos
|
Idiomas
Sin datos
|
Equipo |
Equipo
Public
|
Equipo
Public
|
Protocolo |
Protocolo
Sin datos
|
Protocolo
Sin datos
|
Precio actual (USD) |
Precio actual (USD)
0.1607
|
Precio actual (USD)
1.0001
|
Punto más alto (USD) |
Punto más alto (USD)
0.0188
|
Punto más alto (USD)
1.2100
|
Intercambiar en el precio (24h) |
Intercambiar en el precio (24h)
0.00
|
Intercambiar en el precio (24h)
-0.04
|
Volumen (24h) |
Volumen (24h)
59533310.55953
|
Volumen (24h)
518009011.28353
|
Hashrate |
Hashrate
180000
|
Hashrate
Sin datos
|
Suministros máximos |
Suministros máximos
Sin datos
|
Suministros máximos
9479177442.00000
|
Suministro total |
Suministro total
Sin datos
|
Suministro total
Sin datos
|
Suministros circulantes |
Suministros circulantes
99999999999.99999
|
Suministros circulantes
99999999999.99999
|
Velocidad de transacción / Tiempo de Bloque |
Velocidad de transacción / Tiempo de Bloque
33
|
Velocidad de transacción / Tiempo de Bloque
30
|
Comisión de transacción |
Comisión de transacción
Sin datos
|
Comisión de transacción
Sin datos
|
Rentabilidad minera |
Rentabilidad minera
low
|
Rentabilidad minera
Sin datos
|
Algoritmo |
Algoritmo
Scrypt
|
Algoritmo
Sin datos
|
Tipo de prueba |
Tipo de prueba
PoW
|
Tipo de prueba
Sin datos
|
Totalmente preminado |
Totalmente preminado
Sin datos
|
Totalmente preminado
Sin datos
|
Dirección de contrato inteligente |
Dirección de contrato inteligente
Sin datos
|
Dirección de contrato inteligente
Sin datos
|
Total de monedas extraídas |
Total de monedas extraídas
125408835593.31000
|
Total de monedas extraídas
6037847550.67736
|
Es el comercio |
Es el comercio
yes
|
Es el comercio
yes
|
Recompensa de bloque |
Recompensa de bloque
0.000000000000
|
Recompensa de bloque
0.000000000000
|
Tiempo de bloque |
Tiempo de bloque
Sin datos
|
Tiempo de bloque
Sin datos
|
Social
Sitio web
Twitter
Ventajas
|
Comunidad fuerte y amigable
Popularidad
Integración a numerosas plataformas
|
-
|
Desventajas
|
El lado técnico es bastante débil
|
-
|
Clasificación
User rating |
User rating
4.7 / 5
7 reseñas de los usuarios
|
User rating
1.0 / 5
1 reseñas ded usuario
|
Cryptogeek rating |
Cryptogeek rating
3.8 / 5
|
Cryptogeek rating
3.8 / 5
|
Ventajas |
Ventajas
Comunidad fuerte y amigable
Popularidad
Integración a numerosas plataformas
|
Ventajas
-
|
Desventajas |
Desventajas
El lado técnico es bastante débil
|
Desventajas
-
|
La calificación de Dogecoin (DOGE) es 4.7, basada en 7 opiniones de usuarios. La calificación de los usuarios de Tether (USDT) es 1.0, basada en 1 opiniones de los usuarios.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
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Cryptocurrencies have been gaining popularity over the years, and today there are thousands of digital currencies to choose from. Two popular cryptocurrencies that are often compared are Dogecoin (DOGE) and Tether (USDT). While both have their own unique features, they also have some similarities. In this review, we will compare DOGE and USDT across five categories: history, purpose, market capitalization, price stability, and adoption.
History
Dogecoin was created in 2013 by Billy Markus and Jackson Palmer as a joke, based on the popular "Doge" meme. It was initially intended to be a lighthearted alternative to Bitcoin, with faster transaction times and a more welcoming community. However, it gained unexpected popularity and has since become a serious digital currency that is widely used for transactions and as a store of value.
Tether, on the other hand, was launched in 2014 as a stablecoin. It was designed to provide a cryptocurrency that was pegged to the US dollar, providing stability and reliability to traders and investors. It has since become one of the most widely used stablecoins in the cryptocurrency market.
Purpose
Dogecoin is primarily used as a digital currency for transactions and as a store of value. It has a relatively fast block time of one minute, which allows for quick and efficient transactions. Dogecoin is also known for its low transaction fees, making it an attractive option for microtransactions.
Tether, on the other hand, was designed as a stablecoin that is pegged to the US dollar. Its primary purpose is to provide stability to traders and investors, allowing them to hedge against the volatility of other cryptocurrencies. Tether is also widely used for trading on cryptocurrency exchanges, as it provides a convenient way to move funds between different cryptocurrencies.
Market Capitalization
As of May 2023, Dogecoin has a market capitalization of approximately $25 billion, making it one of the top 10 cryptocurrencies by market capitalization. It has experienced significant growth over the years, especially in 2021, when it gained widespread attention due to support from celebrities like Elon Musk.
Tether, on the other hand, has a much larger market capitalization of approximately $50 billion, making it the third-largest cryptocurrency by market capitalization. This is due to its widespread use as a stablecoin, providing a reliable and stable asset for traders and investors.
Price Stability
One of the key features of Tether is its price stability. As a stablecoin pegged to the US dollar, the value of Tether is designed to remain relatively stable, with minimal fluctuations. This provides a reliable and stable asset for traders and investors, who can use Tether to hedge against the volatility of other cryptocurrencies.
Dogecoin, on the other hand, is known for its volatility. Its price can fluctuate significantly in a short period, making it a high-risk investment. While this can provide opportunities for high returns, it also carries a significant amount of risk.
Adoption
Dogecoin has gained significant adoption over the years, with many merchants accepting it as a form of payment. It has also gained widespread attention on social media, particularly on Twitter and Reddit, where it has a large and active community.
Tether, on the other hand, is primarily used for trading on cryptocurrency exchanges. While it does have some adoption as a form of payment, it is not as widely accepted as Dogecoin.