Dogecoin Talked about 20 Instances in Current White Home Report – The Crypto Primary – The Crypto Primary

– Advertisement –

The popularity of Dogecoin is also seen in a recent White House report.

Dogecoin (DOGE), which originally started as a cryptocurrency joke, has continued to grow in popularity among investors and top government officials.

In a recent report, ‘Crypto Assets And Climate’ published by the White House Office of Science and Technology Policy, Dogecoin appeared a total of 20 times, suggesting that government officials are fully aware of the meme coin.

Although the report was published to curtail the impact of cryptocurrency mining on the environment, it is still commendable that Dogecoin is recognized among the top mining crypto assets with the largest market capitalization.

“According to a published study, in 2021, US electricity generation for mining crypto-assets with the largest market capitalizations (Bitcoin, Ethereum, and Dogecoin) generated GHGs at a rate of approximately 15 Mt CO2/year,” an excerpt of the report reads

Musk pushed Dogecoin to prominence

It is not surprising to see Dogecoin mentioned in the White House Office of Science and Technology Policy. The cryptocurrency has seen its skyrocket popularity since last year after Elon Musk, the CEO of Tesla, publicly pledged his support for the asset.

The American business tycoon also launched support for Dogecoin payments across his businesses, thus giving investors the confidence to adopt the coin. These actions contributed positively toward pushing Dogecoin to prominence, thus, making it impossible for top government officials to ignore it.

Recall that on May 8, 2021, the price of Dogecoin spiked to an all-time high of $0.73 due to the massive promotion the cryptocurrency received from top industry stakeholders like Musk and Mark Cuban.

Despite losing over 90% of its value, Dogecoin still has an active community behind the cryptocurrency across various social media platforms.

Although the meme-based cryptocurrency has plunged heavily, Vladimir Tenev, CEO of Robinhood, still thinks DOGE can become the currency of the internet if the right mechanism is adopted.

DOGE is currently trading at $0.063 across top cryptocurrency exchanges.

– Advertisement –


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Rocketize Token, Child DogeCoin and Shiba Predator: These meme cash will show you how to keep away from the unfavorable results of the bear market – NewsWatch Dogecoin

Rocketize Token, Child DogeCoin and Shiba Predator: These meme cash will show you how to keep away from the unfavorable results of the bear market – NewsWatch

It is possible to see an upward trend in transaction volume with the new...

By Roger Gofman
Dogeliens are taking on the dog-themed meme coin Crypto Area, abandoning Shiba Predator and Child DogeCoin – Crypto Mode Dogecoin

Dogeliens are taking on the dog-themed meme coin Crypto Area, abandoning Shiba Predator and Child DogeCoin – Crypto Mode

Meme coins are a lighthearted sense of the seriousness of the blockchain to digital...

By Roger Gofman
Why are Filecoin (FIL) and Dogecoin (DOGE) buyers shopping for into Chronoly.io (CRNO)?  – Crypto mode Dogecoin

Why are Filecoin (FIL) and Dogecoin (DOGE) buyers shopping for into Chronoly.io (CRNO)? – Crypto mode

There is no denying that Filecoin (FIL) and Dogecoin (DOGE) have been making waves...

By Roger Gofman
Ripple Courtroom Case Hopes Spur XRP Rally, XDC, ZEC, DOGE, September 26 – Bitrates Dogecoin

Ripple Courtroom Case Hopes Spur XRP Rally, XDC, ZEC, DOGE, September 26 – Bitrates

XRP is rallying on positive prospects for court cases. Vitalik Buterin wants to use...

By Roger Gofman
Dogecoin, Aave and MetaCryp Community: 3 Thrilling DeFi Initiatives to Watch Out for in 2023 – Crypto Mode Dogecoin

Dogecoin, Aave and MetaCryp Community: 3 Thrilling DeFi Initiatives to Watch Out for in 2023 – Crypto Mode

DeFi initiatives like MetaCryp Network (MTCR), Aave (AAVE) and Dogecoin (DOGE) are revolutionizing the...

By Roger Gofman
Ethereum co-founder Vitalik Buterin expects Dogecoin and Zcash to maneuver to PoS |  Bitcoinist.com – Bitcoinist Dogecoin

Ethereum co-founder Vitalik Buterin expects Dogecoin and Zcash to maneuver to PoS | Bitcoinist.com – Bitcoinist

Ethereum co-founder Vitalik Buterin believes that other blockchains like Dogecoin and Zcash should follow...

By Roger Gofman
Moshnake, Algorand, and Dogecoin are 3 legit crypto investments to pursue in 2022 |  Bitcoinist.com – Bitcoinist Dogecoin

Moshnake, Algorand, and Dogecoin are 3 legit crypto investments to pursue in 2022 | Bitcoinist.com – Bitcoinist

Moshnake (MSH) is a new crypto asset that has a fun and unique concept...

By Roger Gofman
What’s Dogecoin?  What you could find out about DOGE, the world’s largest meme coin – Capital.com Dogecoin

What’s Dogecoin? What you could find out about DOGE, the world’s largest meme coin – Capital.com

Dogecoin is a dog-themed meme coin featuring a Shiba Inu dog. Photo: iQoncept /...

By Roger Gofman

Latest Posts

Stellar

Prime DeFi Funding Rounds in LatAm – 2022 – LatamList

Interest in crypto and DeFi has exploded in Latin America over the past year....

By Roger Gofman
CryptoSlate Wrapped Day by day: Binance Targets Cyber ​​Monetary Crimes;  CEL tanks after Alex Mashinsky resigns from Celsius – CryptoSlate Binance

CryptoSlate Wrapped Day by day: Binance Targets Cyber ​​Monetary Crimes; CEL tanks after Alex Mashinsky resigns from Celsius – CryptoSlate

Some of the biggest news in the cryptosphere for September 27 include Binance's new...

By Roger Gofman
Ethereum

ÐΞVcon-0 Recap

Day 1 - Monday 24th Nov - ÐΞV: Mission and Processes The first day...

By Roger Gofman
ITS HAPPENING AGAIN (Historical past Repeating)!! Ethereum Worth Prediction, Bitcoin Information In the present day (BTC & ETH) Videos

ITS HAPPENING AGAIN (Historical past Repeating)!! Ethereum Worth Prediction, Bitcoin Information In the present day (BTC & ETH)

ITS HAPPENING AGAIN (History Repeating)!! Ethereum Price Prediction, Bitcoin News Today (BTC & ETH)...

By Roger Gofman
Rocketize Token, Child DogeCoin and Shiba Predator: These meme cash will show you how to keep away from the unfavorable results of the bear market – NewsWatch Dogecoin

Rocketize Token, Child DogeCoin and Shiba Predator: These meme cash will show you how to keep away from the unfavorable results of the bear market – NewsWatch

It is possible to see an upward trend in transaction volume with the new...

By Roger Gofman
Cardano (ADA) is listed by the Swiss Crypto Asset Administration Service – U.At this time Cardano

Cardano (ADA) is listed by the Swiss Crypto Asset Administration Service – U.At this time

Alex Dovbnya A Swiss crypto wealth management app has added support for the Cardano...

By Roger Gofman
Astar Community’s Web3 Advert Showcases 329 Prime Manufacturers in Japan – FinanceFeeds Polkadot

Astar Community’s Web3 Advert Showcases 329 Prime Manufacturers in Japan – FinanceFeeds

Blockchain innovation hub Astar Network is making strides in driving Web3 adoption around the...

By Roger Gofman
Gav’s Ethereum ÐΞV Replace IV Ethereum

Gav’s Ethereum ÐΞV Replace IV

Time for another update! A lot has happened since ÐΞVcon-0, our internal developer conference....

By Roger Gofman