What is Dogecoin DOGE Crypto Casino?
Dogecoin DOGE Crypto Casino is a cryptocurrency developed in 2013 by developers Billy Markus and Jackson Palmer. They made it as a joke, inspired by the “doge” meme that was popular at the time.
After a while, Palmer decided to withdraw from the project because he did not believe that the currency had a future, and that the joke had expired. Nevertheless, it turned out that the currency was to become a favorite within the crypto environment, and it is still popular today. Recently, Tesla founder Elon Musk has shown his interest in the cryptocurrency, which has led to a rapid rise in value.
Why was Dogecoin Casino created?
As mentioned, Dogecoin emerged as a joke within the crypto environment. The creators of the currency thought it was fun to create a currency based on a meme. And inspired by the Doge meme and the crypto environment, Markus and Palmer set about creating a peer-to-peer digital currency. With a range that would hopefully be greater than Bitcoin sin.
At that time, December 2019, Bitcoin and the crypto environment as a whole were quite unknown. It was mostly only developers, cybercriminals and tech geeks who had any knowledge of the phenomenon. During its short history, the crypto had already been painted black thanks to the link to cybercriminals. Accusations of money laundering, tax evasion and the like. In addition, cryptocurrency did not become very popular among the major financial institutions. Because the creator of Bitcoin wanted to take away that control and give it back to the people.
Palmer and Markus decided to create a currency that could lighten the mood a bit. And make the controversial crypto industry a little less serious, while at the same time wanting to distance themselves from the more controversial cryptocurrencies. Thus, Dogecoin became until December 6, 2013. The news about the currency spread quickly. Despite the narrow spread of the crypto environment at that time, and DOGE had one million visitors already during the first month.
Absolutely all Online Casino and sportsbook betting sites use Doge as payment for both deposits and withdrawals.