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Dogecoin was designed using the codebase of Litecoin and its development was geared Immediate Edge toward offering an alternative to Bitcoin. It ought to’ve been more approachable and pleasant cryptocurrency. Powered by its own proprietary technology, Mashable is the go-to supply for tech, digital culture and leisure content for its devoted and influential audience around the globe. The halvings in 2012 and 2016 didn't instantly end in an enormous worth spike. In 2012, the price fell sharply submit-halving, whereas in 2016 it went up earlier than falling back down in a matter of months.