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#Dogecoin (DOGE) - Simple Info for Binance Square
What is Dogecoin?
Dogecoin is a fun open-source cryptocurrency created in 2013 by Billy Markus and Jackson Palmer. It started as a joke based on the Doge meme featuring a Shiba Inu dog. Now it’s a popular crypto with a strong community called the Doge Army
Key Facts:
Symbol: DOGE
Logo: Shiba Inu dog
Type: Peer-to-peer digital currency
Based on: Lite coin uses Scrypt algorithm
Supply: Unlimited (10,000 new coins mined every minute)
Current Price (May 2025): ~$0.18 USD (check Binance for real-time price)
Market Cap: ~$26.9 billion USD
Why is Dogecoin Popular?
Fun Community: Dogecoin is loved for its friendly meme-driven vibe.
Elon Musk’s Support: Known as the Dogefather Musk’s tweets often boost DOGE’s price.
Low Price: Affordable for new investors.
Real Uses: Used for tipping on Reddit/X payments and charity (e.g.Jamaican bobsled team clean water projects).
How to Get Dogecoin?
Buy on Binance: Use USD, credit/debit card, Google Pay, or Apple Pay.
Mine It: Use a computer with a GPU (solo or in a mining pool).
Earn Tips: Get DOGE for content on Reddit or X.
Faucets: Some websites give free DOGE to start.
