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❕NEWS Meme Cryptocurrency, Dogecoin Makes Its Decentralized Financing Debut

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SCAMEXPOSER

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THORChain, a decentralized liquidity system, now supports the meme cryptocurrency Dogecoin. This eliminates the need for centralized exchanges to exchange the meme coin for Bitcoin, Ether, Litecoin, and other compatible cryptocurrencies. THORChain operates on the automated market maker (AMM) paradigm, which is similar to prominent DEXes like Uniswap. The main difference is that it allows actual cryptocurrencies to be traded rather than phony synthetic ones.
 
If we are going to be honest I do not think the people who created the coin actually thought that they were going to be inside the top 10 among the market capitalisation when they were launching it. It is very thoughtful of them to try to turn it into block chain and compete. This is definitely going to take about a year or even more than before they can be able to get it completely but I think that this decision is a very good one.
 
The creator of doge coin did that with intention to have the coin has a fun filled coin not a serious project. However the THORChain technology might be a big advantage to doge but the current dip in the cryptocurrency market may make such influence not to be noticed.
 
I love the fact that the Thor chain is now supporting meme coin like dogecoin ,since they are not allowing centralised exchange platform to trade it , I guess people would probably be using the platform to carry out their trading activities , probably to reduce scam that could come from. centralised platform
 

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