{"id":396,"date":"2021-06-11T19:44:19","date_gmt":"2021-06-11T19:44:19","guid":{"rendered":"https:\/\/coinrabbit.io\/blog\/?p=396"},"modified":"2025-01-27T15:21:50","modified_gmt":"2025-01-27T15:21:50","slug":"no-longer-a-meme-how-to-unlock-dogecoin-hidden-potential-via-crypto-loans","status":"publish","type":"post","link":"https:\/\/coinrabbit.io\/blog\/no-longer-a-meme-how-to-unlock-dogecoin-hidden-potential-via-crypto-loans\/","title":{"rendered":"No Longer a Meme: How to Unlock Dogecoin Hidden Potential via Crypto Loans"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p>In this article we would like to share more insights about <strong>Dogecoin<\/strong>: why is it so popular nowadays, its recent technical updates, the hype around it and how you can use this asset to additionally increase your income flows.<br><\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"one-of-the-most-insane-and-recognizable-assets-nowadays\">One of The Most Insane and Recognizable Assets Nowadays<\/h2>\n\n\n<p>It\u2019s a widely known fact that DOGE has its own celebrities among its believers such as <strong>Elon Musk, Mark Cuban, Snoop Dogg<\/strong>, and more. It started as a joke and a meme less than a decade ago but has been on an insane ride this year as many new individual investors recognized it as a strong investment asset. DOGE was traded at less than <strong>1<\/strong> cent in the beginning of this year and hit its <strong>All-Time High<\/strong> around <strong>$0.74<\/strong> this May. <br><\/p>\n\n\n\n<p>Should we mention that <strong>15,000%<\/strong> gains for such a short period of time at that peak moment is something you don\u2019t usually get from any kind of investment, let it be gold, shares or even cryptocurrencies? More than <strong>quadruple<\/strong> the gains on the S&amp;P 500, including dividends, since 1988. However, later Dogecoin price has fallen, recently trading on June 11 at about <strong>32<\/strong> cents.<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"920\" height=\"516\" src=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/2.png\" alt=\"\" class=\"wp-image-397\" srcset=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/2.png 920w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/2-300x168.png 300w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/2-768x431.png 768w\" sizes=\"(max-width: 920px) 100vw, 920px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"first-things-first-what-is-dogecoin\">First things first: What is Dogecoin?<\/h2>\n\n\n<p>It is nearly impossible for a regular cryptocurrency user to not know about Dogecoin nowadays. Still, we covered those who don&#8217;t know how it all started with a brief DOGE introduction.<\/p>\n\n\n\n<p>Dogecoin is a cryptocurrency that started as a joke in 2013 in a form of meme homage to bitcoin, designed to serve no real purpose other than generating a few laughs.<\/p>\n\n\n\n<p>It was named after an internet meme centered around the image of a Shiba Inu dog with bad spelling habits \u2014 thus \u201cdoge\u201d instead of \u201cdog.\u201d<br><br>Developers Mr. Markus and Jackson Palmer co-created dogecoin 2013. Even the way people originally obtained the coin was meant to be ridiculous: In return for solving mathematical puzzles, dogecoin miners operating fast-running computers received anywhere from one dogecoin to hundreds of thousands of dogecoins.<br>Being a meme homage at the beginning hasn\u2019t stopped DOGE from becoming one of the most popular assets across the sphere.<br><br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/3-1024x768.png\" alt=\"\" class=\"wp-image-398\" srcset=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/3-1024x768.png 1024w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/3-300x225.png 300w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/3-768x576.png 768w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/3.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"why-has-dogecoin-hype-and-popularity-soared\">Why has Dogecoin hype and popularity soared?<\/h2>\n\n\n<p>There are several reasons for DOGE being so popular nowadays:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>First of all, from the rate perspective, it has quite a solid price. Also, it doesn\u2019t draw down or pump several times a day and is more or less stable or just follows the main cryptocurrency market trend. In other words, Dogecoin behaves as a regular crypto asset<\/li>\n\n\n\n<li>The Dogecoin community is one of the most supportive and passionate communities across the sphere. With all their beliefs and organic hype around the asset DOGE price literally can\u2019t just dump in a second with thousands of thousands of people at its back<\/li>\n\n\n\n<li>DOGE has been listed at several exchanges <strong>this<\/strong> year: CoinBene, KuCoin, Crypto.com, Coinsuper, LCX and Coinbase Pro<\/li>\n\n\n\n<li>AMA session on WhiteBIT Telegram<\/li>\n\n\n\n<li>Crypto.com liquidity mining rewards<\/li>\n\n\n\n<li>Increasing number of reputable celebrities supporting and reacting about Dogecoin<br><br><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/4.png\" alt=\"\" class=\"wp-image-399\" style=\"width:840px;height:auto\" srcset=\"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/4.png 696w, https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/4-300x169.png 300w\" sizes=\"(max-width: 696px) 100vw, 696px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"much-wow-such-crypto-extend-your-doge-potential-with-coinrabbit\">Much WOW. Such crypto. <br>Extend your DOGE potential with CoinRabbit<\/h2>\n\n\n<p>There are several ways you can potentially increase your Dogecoin wealth such as day trading or HODL. On top of it, there are additional ways of making your DOGE work for you instead of gathering dust in a wallet. Here are some insights on when, why and how you can use Dogecoin at CoinRabbit to receive <a href=\"https:\/\/coinrabbit.io\/loans\/\">crypto loans<\/a>.<br><br><\/p>\n\n\n<h3 class=\"wp-block-heading\" id=\"when-to-borrow-your-dogecoin\">When to borrow your Dogecoin?<\/h3>\n\n\n<p>The best time to borrow your assets is when you believe that it\u2019s already <strong>dip<\/strong>. It gives your assets more chances to grow in price while talking a loan and to earn more funds. Received funds would be \u201ca premium\u201d for that case<\/p>\n\n\n\n<p>Lack of spare cash? We got you covered! Spend your loan whatever you want even for daily purchases<\/p>\n\n\n\n<p>Wish to accumulate more DOGE but got no funds to do it? Feel free to reinvest the received loan and get as much DOGE as you wish. In a meanwhile both your collateral and freshly bought DOGE might grow simultaneously which unlocks HODL 2.0 feature for you<\/p>\n\n\n\n<p>If the market dumps and you wish to minimise the risks you can use our services and received funds to buy your beloved currency once it <strong>dips<\/strong> and potentially earn more when the market reverse and soars back plus get your collateral back<\/p>\n\n\n\n<p>We provide the most convenient, fast and secure way to <a href=\"https:\/\/coinrabbit.io\/loans\/doge\">borrow your DOGE<\/a> against USDT\/USDC. Here is a short list of our features:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Instant crypto loans<br><\/li>\n\n\n\n<li>All you have to do is to have a phone number. No KYC, financial history or any useless paperwork required<br><\/li>\n\n\n\n<li>Unlimited time frames for any loans<br><\/li>\n\n\n\n<li>You are able to have as many different active loans as you wish<br><\/li>\n\n\n\n<li>Fees are only paid once you transfer your collateral to our unique receive address<br><\/li>\n\n\n\n<li>24\/7 customer support service is always at your back<br><\/li>\n\n\n\n<li>50% LTV which is the most convenient decision from our perspective. You always will have enough time to buy your collaterals back<br><br><\/li>\n<\/ul>\n\n\n<h3 class=\"wp-block-heading\" id=\"how-to-borrow-your-dogecoin-at-coinrabbit\">How to borrow your Dogecoin at CoinRabbit<\/h3>\n\n\n<ul class=\"wp-block-list\">\n<li>First of all, follow our <a href=\"https:\/\/coinrabbit.io\/loans\/doge\">Doge lending<\/a> link<\/li>\n\n\n\n<li>Set up your loan using DOGE as a collateral option, then confirm it with your phone number as the main contact channel and your payout stablecoin address where you\u2019d like to receive your funds<\/li>\n\n\n\n<li>Send us the collateral and we will send you the loan amount on your payout address without any delays and additional checks<\/li>\n\n\n\n<li>Exchanges are not needed<\/li>\n\n\n\n<li>Withdrawal is open 24\/7 no matter current market conditions let it be soaring or dumping<\/li>\n\n\n\n<li>Use your loan as long as you want. We will just draw your attention on the rate of your collateral currency in time<\/li>\n\n\n\n<li>At any moment you can pay your collateral back. To do this, you need to pay the full price of Repayment, and when we get it, we return your collateral.<br><\/li>\n<\/ul>\n\n\n\n<div data-aos= \"zoom-out\" data-aos-duration=\"400\" data-aos-delay=\"0\" data-aos-easing=\"ease\" data-aos-once=\"true\" class=\"wp-block-uagb-inline-notice uagb-inline_notice__align-left uagb-block-520df909\"><span class=\"uagb-notice-title\"><strong>Disclaimer<\/strong><\/span><div class=\"uagb-notice-text\"><em>The information provided in this article is for educational and informational purposes only and should not be construed as financial advice. Cryptocurrency investments carry a high level of risk, and it is essential to conduct thorough research and consult with a qualified financial advisor before making any investment decisions. The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any financial institution or organization. Always invest responsibly and consider your individual financial situation before making investment choices.<\/em><\/div><\/div>\n\n\n\n<p><br><\/p>\n\n\n\n<p><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this article we would like to share more insights about Dogecoin: why is it&hellip;<\/p>\n","protected":false},"author":13,"featured_media":401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","ub_ctt_via":"","_lmt_disableupdate":"","_lmt_disable":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[718,238],"tags":[48,92,70],"ppma_author":[655],"class_list":["post-396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-lending","category-crypto","tag-crypto-loan","tag-cryptocurrencies","tag-dogecoin","author-coinrabbit_admin"],"aioseo_notices":[],"featured_image_src":"https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1.png","author_info":{"display_name":"Olga Davis","author_link":"https:\/\/coinrabbit.io\/blog\/author\/olga\/"},"modified_by":"Olga Davis","uagb_featured_image_src":{"full":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1.png",1185,630,false],"thumbnail":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1-150x150.png",150,150,true],"medium":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1-300x159.png",300,159,true],"medium_large":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1-768x408.png",768,408,true],"large":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1-1024x544.png",1024,544,true],"1536x1536":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1.png",1185,630,false],"2048x2048":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1.png",1185,630,false],"wptouch-new-thumbnail":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1.png",144,77,false]},"uagb_author_info":{"display_name":"Olga Davis","author_link":"https:\/\/coinrabbit.io\/blog\/author\/olga\/"},"uagb_comment_info":0,"uagb_excerpt":"In this article we would like to share more insights about Dogecoin: why is it&hellip;","blog_post_layout_featured_media_urls":{"thumbnail":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1-150x150.png",150,150,true],"full":["https:\/\/coinrabbit.io\/blog\/wp-content\/uploads\/2021\/06\/1.png",1185,630,false]},"categories_names":{"718":{"name":"Crypto lending","link":"https:\/\/coinrabbit.io\/blog\/category\/crypto-lending\/"},"238":{"name":"Cryptocurrencies","link":"https:\/\/coinrabbit.io\/blog\/category\/crypto\/"}},"tags_names":{"48":{"name":"crypto loan","link":"https:\/\/coinrabbit.io\/blog\/tag\/crypto-loan\/"},"92":{"name":"cryptocurrencies","link":"https:\/\/coinrabbit.io\/blog\/tag\/cryptocurrencies\/"},"70":{"name":"dogecoin","link":"https:\/\/coinrabbit.io\/blog\/tag\/dogecoin\/"}},"comments_number":"0","authors":[{"term_id":655,"user_id":0,"is_guest":1,"slug":"coinrabbit_admin","display_name":"Diana Kelley","avatar_url":{"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&r=g","url2x":"https:\/\/secure.gravatar.com\/avatar\/?s=96&r=g2x"},"author_category":"","first_name":"","last_name":"","user_url":"https:\/\/coinrabbit.io\/blog","job_title":"","description":"Hi, I'm Diana :)\r\n\r\nCrypto enthusiast and blockchain advocate with a passion for exploring the latest trends in digital currencies. Dedicated to providing readers with insightful analysis on everything from crypto wallets and exchanges to emerging AI-driven coins. "}],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/posts\/396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/comments?post=396"}],"version-history":[{"count":13,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/posts\/396\/revisions"}],"predecessor-version":[{"id":6270,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/posts\/396\/revisions\/6270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/media\/401"}],"wp:attachment":[{"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/media?parent=396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/categories?post=396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/tags?post=396"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/coinrabbit.io\/blog\/wp-json\/wp\/v2\/ppma_author?post=396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}