What Is Dogecoin DOGE

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1. Dogecoin started as a joke created by Jackson Palmer and Billy Marcus in November 2013. Marcus recently claimed that he sold all of his DOGE in 2015.
2. There are 128,264,356,384 DOGE coins in circulation at this second, compared to 18.5 million bitcoins.
3. Dogecoin hosts one in every of the biggest communities within the crypto house.
4. In 2014, the Dogecoin neighborhood raised $55,000 to sponsor NASCAR driver Josh Smart and coated his automotive entirely in Dogecoin and Reddit alien images.
5. If you wondered which canine is on Dogecoin’s brand - it's the Shiba Inu, which is a looking canine breed.

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Ever because the IRS clarified its stance on cryptocurrency in 2014, crypto taxes have been a way of life for individuals who sell or commerce digital currencies. Simply as profits on inventory gross sales are taxed as capital features, so are income from crypto sales. And crypto traders need to document the value of each single sale or commerce on IRS Form 8949.

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