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
Pontuação de Confiança
Como funciona
Sobre
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Dogecoin (DOGE) foi fundada nos Estados Unidos em 2013 como uma piada, mas rapidamente ganhou um grande número de seguidores. Tornou-se uma popular criptomoeda (DOGE) usada para derrubar os criadores de conteúdo (principalmente em Reddit e Telegram). Como os criadores não tinham planos sérios para sua moeda, eles não elaboraram um roteiro e não estavam trabalhando muito na melhoria de seu projeto. O fundador do Dogecoin Jackson Palmer deixou o projeto em 2015.
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Tether é uma criptomoeda lançada em 2014. É a chamada stablecoin atualmente liderada pela capitalização de mercado. Embora, de acordo com a ideia inicial, cada Tether fosse apoiado por US $ 1 (que manteria o preço do Tether estável), a empresa nem sempre conseguia manter esse preço (em algum momento de outubro de 2018, o preço caiu para US $ 0,9 por um Tether ) O Tether é bem-sucedido em termos de capitalização de mercado e seu preço é quase o tempo todo próximo de US $ 1.
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Tipo
Data de fundação
País
|
International
|
International
|
Idiomas
Time
Protocolo
Preço atual (USD)
Recorde histórico (USD)
Mudança de Preço (24h)
Volume (24h)
|
213551998.14405
|
707760029.77483
|
Hashrate
Estoque Máximo
|
Sem dados
|
9479177442.00000
|
Oferta total
Estoque em Circulação
|
99999999999.99999
|
99999999999.99999
|
Velocidade de transação/ Tempo de Bloco
Taxa de transação
Rentabilidade de mineiração
Algoritmo
Tipo de prova
Totalmente pré-definido
Endereço de contrato inteligente
Total de moedas extraídas
|
125408835593.31000
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6037847550.67736
|
Está negociando
Recompensa de bloco
|
0.000000000000
|
0.000000000000
|
Hora do bloco
| Sobre |
Dogecoin (DOGE) foi fundada nos Estados Unidos em 2013 como uma piada, mas rapidamente ganhou um grande número de seguidores. Tornou-se uma popular criptomoeda (DOGE) usada para derrubar os criadores de conteúdo (principalmente em Reddit e Telegram). Como os criadores não tinham planos sérios para sua moeda, eles não elaboraram um roteiro e não estavam trabalhando muito na melhoria de seu projeto. O fundador do Dogecoin Jackson Palmer deixou o projeto em 2015.
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Tether é uma criptomoeda lançada em 2014. É a chamada stablecoin atualmente liderada pela capitalização de mercado. Embora, de acordo com a ideia inicial, cada Tether fosse apoiado por US $ 1 (que manteria o preço do Tether estável), a empresa nem sempre conseguia manter esse preço (em algum momento de outubro de 2018, o preço caiu para US $ 0,9 por um Tether ) O Tether é bem-sucedido em termos de capitalização de mercado e seu preço é quase o tempo todo próximo de US $ 1.
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| Tipo |
Tipo
coin
|
Tipo
token
|
| Data de fundação |
Data de fundação
2013
|
Data de fundação
Sem dados
|
| País |
País
International
|
País
International
|
| Idiomas |
Idiomas
Sem dados
|
Idiomas
Sem dados
|
| Time |
Time
Public
|
Time
Public
|
| Protocolo |
Protocolo
Sem dados
|
Protocolo
Sem dados
|
| Preço atual (USD) |
Preço atual (USD)
0.1583
|
Preço atual (USD)
1.0003
|
| Recorde histórico (USD) |
Recorde histórico (USD)
0.0188
|
Recorde histórico (USD)
1.2100
|
| Mudança de Preço (24h) |
Mudança de Preço (24h)
-0.75
|
Mudança de Preço (24h)
-0.08
|
| Volume (24h) |
Volume (24h)
213551998.14405
|
Volume (24h)
707760029.77483
|
| Hashrate |
Hashrate
180000
|
Hashrate
Sem dados
|
| Estoque Máximo |
Estoque Máximo
Sem dados
|
Estoque Máximo
9479177442.00000
|
| Oferta total |
Oferta total
Sem dados
|
Oferta total
Sem dados
|
| Estoque em Circulação |
Estoque em Circulação
99999999999.99999
|
Estoque em Circulação
99999999999.99999
|
| Velocidade de transação/ Tempo de Bloco |
Velocidade de transação/ Tempo de Bloco
33
|
Velocidade de transação/ Tempo de Bloco
30
|
| Taxa de transação |
Taxa de transação
Sem dados
|
Taxa de transação
Sem dados
|
| Rentabilidade de mineiração |
Rentabilidade de mineiração
low
|
Rentabilidade de mineiração
Sem dados
|
| Algoritmo |
Algoritmo
Scrypt
|
Algoritmo
Sem dados
|
| Tipo de prova |
Tipo de prova
PoW
|
Tipo de prova
Sem dados
|
| Totalmente pré-definido |
Totalmente pré-definido
Sem dados
|
Totalmente pré-definido
Sem dados
|
| Endereço de contrato inteligente |
Endereço de contrato inteligente
Sem dados
|
Endereço de contrato inteligente
Sem dados
|
| Total de moedas extraídas |
Total de moedas extraídas
125408835593.31000
|
Total de moedas extraídas
6037847550.67736
|
| Está negociando |
Está negociando
yes
|
Está negociando
yes
|
| Recompensa de bloco |
Recompensa de bloco
0.000000000000
|
Recompensa de bloco
0.000000000000
|
| Hora do bloco |
Hora do bloco
Sem dados
|
Hora do bloco
Sem dados
|
Social
Site
Twitter
Vantagens
|
Comunidade forte e amigável
Popularidade
Integração em numerosas plataformas
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-
|
Desvantagens
|
O lado técnico é muito fraco.
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-
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Avaliação
| User rating |
User rating
4.7 / 5
7 avaliações do usuário
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User rating
1.0 / 5
1 avaliação do usuário
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| Cryptogeek rating |
Cryptogeek rating
3.8 / 5
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Cryptogeek rating
3.8 / 5
|
| Vantagens |
Vantagens
Comunidade forte e amigável
Popularidade
Integração em numerosas plataformas
|
Vantagens
-
|
| Desvantagens |
Desvantagens
O lado técnico é muito fraco.
|
Desvantagens
-
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A avaliação de Dogecoin (DOGE) usuários é de 4.7, com base em 7 avaliações de usuários. A avaliação de Tether (USDT) usuários é de 1.0, com base em 1 avaliações de usuários.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Escolha outras empresas
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.
