The image of a bulldog was chosen as the logo, the developers themselves create memes with it, promote their merch store, and promote a community of Hoge Army fans. HOGE is a community–managed DeFi coin with the ability to auto-stack, developed & based on the ERC-20 standard. First launched in February 2021, the first offer totaled 1 trillion tokens, 500 billion of which were burned after the first days of sales. Hogecoin is one of the few cryptocurrencies that decreases in supply after each transaction. The earlier you buy HOGE, the more time you have to grow your personal holdings through the built-in deflationary component.

• Meme cryptocurrencies are one of the hottest crypto investments of 2021 so far.
• And, considering this is a meme token with no real utility, there’s a good chance it will decrease in value as time goes on.
• I hope this article provides more helpful insight into Hogecoin.
• Moreover, the extra 2% from the transaction would be burned so it would reduce the (overall) supply of HOGE.

At centralized exchanges — there are no intermediaries, that is, there are no increased service costs, and the commission amount is set directly by the company. And here it is quite low — only 0.01% for withdrawal of funds. Dogecoin will inflate to infinity, Bitcoin will slowly increase in supply through mining, and Hogecoin will naturally decrease its supply over time. Many cryptoexchanges like Coinbase offer attractive staking rewards that allow you to earn interest on your crypto holdings. HOGE is the first crypto to automate this process without having to hold your HOGE at any specific exchange. There isn’t a grand plan or ambitious project behind HOGE.

To keep track of Hoge prices live, download the CoinMarketCap mobile app. If you would like to convert the Hoge price today to your desired fiat currency, check out CoinMarketCap exchange rate calculator. The cheapest way is to use bank account to buy Bitcoin or Ethereum or Tether first or to buy the Hoge Finance right away. The fastest way is to use a credit card but you will then be charged higher fees. There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department.

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The question here is if it’s still early to get in or not. I believe it is still early to get in; the memes are everywhere, the market cap is still low. I will not recommend it, though, for any long-term investors, since it’s a meme coin, and once the dust settles, so does the price, and nobody will ever talk about HOGE again. Hoge Finance is a meme coin trying to become the next DOGE, with a few key differences. It has a limited supply, and in every transaction, 1% of the value of that transaction gets burned.

• Everytime a transaction takes place, 2% of that transaction is distributed and removed from the total supply.
• Dogecoin is currently up almost 7,000% this year as more celebrities and organizations begin accepting DOGE as a form of payment.
• You need to use debit card or credit card to buy  Tether first.
• I only invested $200 into HOGE, which is a tiny percentage of my overall investment portfolio.
• It is also possible to exchange some other cryptocurrency to obtain Hoge Finance coins.
• If you really want to join the Hoge community, you can trade for Hoge Finance on Uniswap (UNI 2.73%), a decentralized crypto exchange.

We will discuss various cryptocurrency exchanges that facilitate the easy buying, selling, and trading of the currency. A detailed guideline of the different ways of purchasing Hoge Finance coins shall also be given. Formerly referred to as Hogecoin, Hoge Finance is created as a deflationary ERC-20 token and cryptocurrency running on Ethereum blockchain.

Can I Mine Hoge Finance (HOGE) and Not Buying It?

There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.

Can You Buy HOGE on Coinbase?

All HOGE coin holders are motivated to distribute the token. So the individual net worth of each user holding part of the network also increases. From here you can either create a new exchange on StealthEX.io or leave the page and check your Hoge wallet to be surprised at how fast you got Hoge Finance crypto.

Where can I buy HOGE crypto?

HOGE being an assumed meme cryptocurrency, is a very risky investment. This means it can go up 40% in one day (it already did), as it can go down 40% or more down. Like in any investment, the key is to time the market, which can be pretty hard.

This shows that the exchange has been successfully made and you will receive crypto to the address provided. To be sure that HOGE was sent to your wallet you can also use the Output hash shown on this page and check it in the blockchain list of transactions. Meme coins or meme tokens are crypto assets but with no purpose.

Premium Investing Services

You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound. Multiple projects inspired by the success of Dogecoin emerge on the market. Some of them even get to the top of the most popular cryptos. In this article, we will talk about the project embracing both trends.

A short-term investment will probably make you a pretty good return, especially since most crypto investors haven’t really heard of HOGE yet. However, the real question isn’t whether you can make money with HOGE, but when’s the right time to cash out. With Simpleswap we can
buy ETH and receive it directly on our on-chain iq option brokerage firm assessment Metamask wallet,
skipping most of the steps we’d have to take through a traditional
exchange. SwapSpace has recently extended its support to Hoge Finance coin, and it now facilitates easy, secure, and fast Hoge swaps on SwapSpace. Furthermore, follow these steps to trade other cryptocurrencies for the Hoge coin.

They’re available on OpenSea, one of the largest NFT marketplaces. In addition, Hoge Finance offers HogeMint, which allows members of the community to mint their own NFTs during limited time events. 43,000 wallets hold HOGE at the moment so the next step is to get business, e-commerce stores, and organizations to accept Hogecoin as payment just like Bitcoin or Dogecoin. I like the idea of increasing my Hogecoin holdings without worrying about staking it at a specific exchange. Dogecoin turned out to become a massive success in the crypto community and there’s a possibility that Hogecoin gets more popular over time. I missed out on the Dogecoin train because I prefer buying deflationary cryptocurrencies to hedge against the weakening of the US fiat dollar.