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Author Topic: What happened with Dogecoin faucets?  (Read 411 times)
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February 16, 2021, 06:21:18 PM
 #21

The recent increase in DOGE's price could've made faucets' business operations unsustainable. I believe that operators could've decided to give out less Dogecoin for free in order to keep up with site costs. Unlike Bitcoin, it's easy to send micropayments on the Dogecoin blockchain. Faucets could've simply rewarded people with fractions of a Dogecoin in order to help attract newcomers into crypto. Yet, most faucet owners have closed up shop. If this continues, we may be left with no Dogecoin faucets in the future.

Nonetheless, I think there's still hope for Dogecoin faucets. If prices go back to the way they were, we may see a comeback. Even if prices remain the same as they are right now, it's still possible to give away Dogecoin for free. As I've said before, faucets can reward people with fractions of a Dogecoin in order to help sustain their operations. While you won't be able to make a decent income out of faucets, they serve as a great way to learn about how crypto works. By all means, faucets are a great introductory point to the world of crypto. Without them, mainstream adoption for Dogecoin among newcomers into crypto will decrease. Just my thoughts Grin

Just imagine, owner of Doge faucet which payoff 2millions of Doge to his visitors, he earned something from advertisements or referrals, but he spends $140k (if we count $0.07 price) So, for sure he is not earned not even close to that much money from websites profit. It's very hard to calculate faucet profitability, especially with high price violation.
I remember Doge faucet which offers 2-3k Doge per claim, every hour. But this is long past time when this coin has been really worthless.

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February 22, 2021, 05:53:54 PM
 #22

Just imagine, owner of Doge faucet which payoff 2millions of Doge to his visitors, he earned something from advertisements or referrals, but he spends $140k (if we count $0.07 price) So, for sure he is not earned not even close to that much money from websites profit. It's very hard to calculate faucet profitability, especially with high price violation.
I remember Doge faucet which offers 2-3k Doge per claim, every hour. But this is long past time when this coin has been really worthless.

Those were good times. Claiming DOGE from faucets wasn't profitable at the time, but certainly a lot of fun. If you claimed 2k-3k DOGE per hour, you would've earned $120 - $180 per hour at today's prices. That's a whole lot of money for doing absolutely nothing. Who knew Dogecoin would go from being a worthless coin, to a "serious" investment in the mainstream world? Faucets were a great way to attract newcomers into crypto. Now that there are no faucets, people are forced to buy DOGE to "test drive" the Dogecoin blockchain. If only faucets made a comeback by paying fractions of a Dogecoin to its users, mainstream adoption for Dogecoin would've soared like crazy.

Nonetheless, all good things come to an end. Dogecoin faucets were good while it lasted. Now, we should look for other cryptocurrencies that are "under the radar" of investors and traders alike. I'm sure there are faucets available for other coins on the market. We should enjoy them while they last. Just my opinion Smiley

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February 23, 2021, 02:06:56 PM
 #23

There could be some issues, such as business increment. If I explain, the team of the DOGE coin was conducted this on that concept that is business addiction purpose. So, in that case they were trying to collect the attention of the investors and they had attempted some potential task for consumers. But I can say DOGE is the profitable coin in CMC and it has a good potentiality of all.

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February 23, 2021, 03:06:29 PM
 #24

Faucet are a difficult balance between profit or loss. Lesser ads brings lesser rewards, higher brings higher but decreases the interest of people. Adblocker just removes all of your ad revenue and restricting them and other ads and captcha bypassers is a never ending battle. There are some faucets that provide small amounts. But with increase in knowledge about crypto and easier ways of buying them, people are generally less attracted towards low paying faucets.

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February 23, 2021, 03:14:08 PM
 #25

I remember the day when Dogecoin faucets like FreeDoge.co.in and MoonDogeco.in offered free coins for anyone starting into crypto. Before the Dogecoin craze, I've used to claim free coins every once in a while. But it seems those days are over as the aforementioned faucets have closed up shop. I've been looking for other DOGE faucets, but they're all dead.

Do you know what could've happened? Is the era of faucets over? Your input will be greatly appreciated. Thanks in advance. Smiley

I only have one Doge Faucet and that is PipeFlare they are giving three coins to those who want to claim, there are only a few faucets now, most of these are on Bitcoin but because of the very high fees they stopped offering Bitcoin, Dogecoin is a good coin to use for faucets because of it's fee but there are only few faucet now and some of them do not offer a good amount of Doge.

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February 25, 2021, 08:36:54 PM
 #26

I only have one Doge Faucet and that is PipeFlare they are giving three coins to those who want to claim, there are only a few faucets now, most of these are on Bitcoin but because of the very high fees they stopped offering Bitcoin, Dogecoin is a good coin to use for faucets because of it's fee but there are only few faucet now and some of them do not offer a good amount of Doge.

The remaining Dogecoin faucets will pay you a very low amount of Doge, as they're basing themselves on current market prices relative to Fiat (USD). It's not worth spending time at faucets to earn minuscule amounts of DOGE if you're looking into making lots of profit within the short term. If you don't care about DOGE's current price relative to Fiat, then it wouldn't hurt claiming at faucets to reap the rewards if prices go any higher in the future.

Luckily, I've found two faucets that are still giving away Dogecoin for free. They are Doge-Faucet and Bagi.co.in. We need more faucets if we want more people to join Dogecoin. They as a great entry point to the world of crypto/Blockchain tech. Giving away free coins will encourage anyone to learn more about how crypto works and how they can use it for their own benefit. Faucets will be able to sustain their operations as long as network transaction fees are low. Once fees rise all the way to the moon, then it'll no longer be viable to operate a faucet. I think that's what happened with Bitcoin faucets. They disappeared because of the ever-rising fees on the Blockchain. This could happen with Dogecoin too if it becomes clogged with transactions. Hope that doesn't turn out to be the case, so that we can continue to enjoy faucets for a long time. Just my thoughts Grin

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March 03, 2021, 01:43:47 PM
 #27

so far i know both of freedoge.co.in and freebitco.in its a same company , and probably freedoge.co.in its no longer give a good profit and they just shut it down and focused only to freebitco.in, and btw last time i got payment about freedoge.co.in its about 6 june 2015  Cheesy .
about faucet it self , well i do not really sure why they just closed their business, has ads didn't give good pay anymore ?
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March 03, 2021, 01:51:51 PM
 #28

so far i know both of freedoge.co.in and freebitco.in its a same company , and probably freedoge.co.in its no longer give a good profit and they just shut it down and focused only to freebitco.in, and btw last time i got payment about freedoge.co.in its about 6 june 2015  Cheesy .
about faucet it self , well i do not really sure why they just closed their business, has ads didn't give good pay anymore ?

Probably the increase of the token value while the transaction fee in $DOGE didn't change is the main reason why they shut down the faucet. The increasing value of transaction is the main reason why faucet industry are not profitable anymore because it didn't adjust accordingly on the token value itself.

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March 03, 2021, 02:08:33 PM
 #29

so far i know both of freedoge.co.in and freebitco.in its a same company , and probably freedoge.co.in its no longer give a good profit and they just shut it down and focused only to freebitco.in, and btw last time i got payment about freedoge.co.in its about 6 june 2015  Cheesy .
about faucet it self , well i do not really sure why they just closed their business, has ads didn't give good pay anymore ?

Probably the increase of the token value while the transaction fee in $DOGE didn't change is the main reason why they shut down the faucet. The increasing value of transaction is the main reason why faucet industry are not profitable anymore because it didn't adjust accordingly on the token value itself.

Yep, That's quite likely what's the reason but I also think it's because of not being able to "Pay to many".
Just like with bitcoin we're able to "Pay to many" In the wallet.
It's now around 0.05$/Doge which is also the transaction fee for a single transaction which is quite huge for the faucet industry to send Doges to a single user.

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March 03, 2021, 02:40:54 PM
 #30

Imagine if the existing faucets now gives you 0.00010000 DOGE then that would only show that they are no longer giving good amounts and that their business is failing. I would shy away from those faucets if they will give me such an amount of DOGE. How many days you have to wait for you to be able to accumulate up to one DOGE? That would take a long time and that is a waste of time, electricity and computing power. I'll just buy DOGE at an exchange.



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March 03, 2021, 02:59:46 PM
 #31

Of course the Dogecoin faucets either disappeared or stopped due to Doge's crazy prices able to pump very high and able to increase up to many times
if it's still the road, it will certainly make a loss better find a faucet with another coin which has the potential rise high like a doge certainly in the future it will provide a lot of profit

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March 04, 2021, 05:30:53 PM
 #32

Imagine if the existing faucets now gives you 0.00010000 DOGE then that would only show that they are no longer giving good amounts and that their business is failing. I would shy away from those faucets if they will give me such an amount of DOGE. How many days you have to wait for you to be able to accumulate up to one DOGE? That would take a long time and that is a waste of time, electricity and computing power. I'll just buy DOGE at an exchange.

Well, it was never about making profits out of faucets. They only exist as an entry point to the world of crypto. Newcomers into crypto can learn how everything works by claiming free coins through a faucet of their choice. Without faucets, people will be forced to spend money in order to "test drive" their newly-found cryptocurrency. Most DOGE faucets disappeared because prices per coin went all the way to the moon. Faucet owners/operators will be unable to sustain their operations by paying a large amount of coins to the end user. It's best to give away fractions of a Dogecoin, in order to keep up with site maintenance costs.

At least, there are faucets available for other coins in the crypto/Blockchain space. This gives the newcomer into crypto some hope. If you still want free Dogecoin, then simply buy some with the income made from other coins' faucets. You can also receive DOGE as a tip, by participating in Reddit. I'd expect a comeback of DOGE faucets once prices per coin go all the way down the drain. When that time comes, Dogecoin will become great again. Just my opinion Smiley

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March 08, 2021, 04:53:37 PM
 #33

Most Doge faucet sites I know last 2016-2017 are slowly disappeared last bear market like 2018 if Im not mistaken maybe because of lack of interest from visitors since the value of Doge in that year is only like $0.003 those websites collects profit from ads revenue and it needs a lot of traffic to earn good amount from it and since no huge no. of visitors are coming then theres no profit then. 
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March 08, 2021, 05:29:01 PM
 #34

Most Doge faucet sites I know last 2016-2017 are slowly disappeared last bear market like 2018 if Im not mistaken maybe because of lack of interest from visitors since the value of Doge in that year is only like $0.003 those websites collects profit from ads revenue and it needs a lot of traffic to earn good amount from it and since no huge no. of visitors are coming then theres no profit then. 
My first faucet was freedogecoin with a few rolls once an hour but indeed if we collect from here there is no faster profit except having to wait a long time, and it lasts several years until the end I never use again.
But now when the price is higher all the faucets disappear maybe because of the high cost or because of other reasons I don't know but I think if now there are still real faucets maybe it won't be pulling out any time soon.

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March 08, 2021, 07:39:05 PM
 #35

DOGE's insane price pumps was driven by Elon's manipulation and we all know that there was nothing more than that  Grin The last known full node client version (before 1.14.3) was released an year back and there were no updates for the same nor any github PRs favoring them for 1 year. Dogecoin Core 1.14 had some not really bad improvements to full node but pumping with just some manipulative words is possible only in crypto market.

Check Dogecoin Core 1.14.3 release over here : https://github.com/dogecoin/dogecoin/releases/tag/v1.14.3



I used to get paid 2-3 DOGE per hour in 2018 through freedogeco.in and it was really cool to make some free doges by solving captchas. Currently with insane prices of both bitcoin and a worthless dogecoin, calculating our faucet payments in bitcoins wouldn't be worth it but probably through satoshis might be helpful.

BTW As others say, Freedogeco wasn't closed because of the price rise or lower profits but was due to malicious actors trying to ruin the fun of faucets to other new users by hacking them and stealing more doge! You can read the news over here : Free Cryptocurrency Giveaway Site Shuts Due To Hackers Freedoge was really a great site with no ads but the greediness made to shut the business down  Sad
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March 08, 2021, 07:55:26 PM
 #36

I remember the day when Dogecoin faucets like FreeDoge.co.in and MoonDogeco.in offered free coins for anyone starting into crypto. Before the Dogecoin craze, I've used to claim free coins every once in a while. But it seems those days are over as the aforementioned faucets have closed up shop. I've been looking for other DOGE faucets, but they're all dead.

Do you know what could've happened? Is the era of faucets over? Your input will be greatly appreciated. Thanks in advance. Smiley
You would really be expecting those kind of closures because making out faucets on something becomes valuable is absurd and they would rather save up those doge's rather than giving it free
to the public because they would make more money if they do just simply save up those doge coins rather than on giving it with the exchange of site traffic which would really be giving
out less revenue to theirs.So as an owner then it is no doubt that you would definitely do the same, i havent encountered nor see any doge faucets at the moment
and if there are still some existing then they might be giving out very small amount as always but not just like before those before hype days.

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March 08, 2021, 08:50:07 PM
 #37

I also frequently claim garatist coins through Dogecoin faucets. indeed there is still a small part of the faucet, but the prize we have to claim is very small. and I feel bored to do it too.

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March 09, 2021, 08:08:09 AM
 #38

the current price of doge is getting higher. I think they're starting to think about keeping the doge to themselves. I kept this in mind too and started looking for doge faucets that paid quite a bit, but it looks like it's gone. however, Dogecoin is sometimes used to lure people to the faucet site. at this time, they were definitely holding back.
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March 09, 2021, 10:53:24 AM
 #39

Maybe here too many are working on the faucet. but if I see there are still many people who are interested in working on the faucet until now
It's caused by faucet is the most easiest task that can be done by anyone. Remember that you have no another way to earn free doge coin other than doing faucet. The only way to mine it and that will need a very good mining rig to mine doge with profit. The pump that happened on doge has been making the difficulty is increasing even higher. The small miners receive nothing

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Abiky (OP)
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March 09, 2021, 05:28:23 PM
 #40

DOGE's insane price pumps was driven by Elon's manipulation and we all know that there was nothing more than that  Grin The last known full node client version (before 1.14.3) was released an year back and there were no updates for the same nor any github PRs favoring them for 1 year. Dogecoin Core 1.14 had some not really bad improvements to full node but pumping with just some manipulative words is possible only in crypto market.

Check Dogecoin Core 1.14.3 release over here : https://github.com/dogecoin/dogecoin/releases/tag/v1.14.3



I used to get paid 2-3 DOGE per hour in 2018 through freedogeco.in and it was really cool to make some free doges by solving captchas. Currently with insane prices of both bitcoin and a worthless dogecoin, calculating our faucet payments in bitcoins wouldn't be worth it but probably through satoshis might be helpful.

BTW As others say, Freedogeco wasn't closed because of the price rise or lower profits but was due to malicious actors trying to ruin the fun of faucets to other new users by hacking them and stealing more doge! You can read the news over here : Free Cryptocurrency Giveaway Site Shuts Due To Hackers Freedoge was really a great site with no ads but the greediness made to shut the business down  Sad

Back when Dogecoin was out of the spotlight, we had many great faucets giving away free coins like crazy. Freedoge.co.in, and MoonDogeco.in were the best faucets with high DOGE rewards. I remember when I've used to claim free DOGE every once in a while from these faucets. After the Elon Musk craze, prices per coin surged to new ATHs. The coins I've earned from faucets became worth hundreds of dollars (USD) in an instant. It was certainly a profitable journey for me and those who invested early into the good-old "meme" cryptocurrency.

Unfortunately, the days of DOGE faucets are over because of increased demand in the mainstream world. With prices upwards of $0.05 per coin, faucets will be unable to give away free money without maintaining revenue to keep up with operational costs. It seems to me that DOGE faucets won't make a comeback as long as prices are well above $0.01 per coin. Things could change if DOGE goes all the way down the drain.

At least, there are other faucets available for many different altcoins on the market. I've now switched to the "Horizen Faucet" which gives you away free ZEN every day. You get a higher bonus if you verify your social media accounts and refer other people to the service. The income you'll get in terms of Fiat is not much, but it's better something than nothing. Who knows if your faucet earnings become worth a fortune once the coin goes all the way to the moon? Wink

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