What is Dogecoin ($DOGE )?
Have you heard of the meme coin? Meet Dogecoin (DOGE)!
Dogecoin is:
A cryptocurrency created in 2013 as a parody, inspired by the famous Shiba Inu dog meme.
Based on the Litecoin code, it uses blockchain technology to record transactions in a decentralized manner.
Known for its fast transactions and low fees, with an average block time of 1 minute.
Why is Dogecoin important?
Despite starting as a joke, Dogecoin has gained an active and passionate community.
It has been used to raise funds for social causes and sports sponsorships.
It received support from influential personalities, such as Elon Musk, increasing its visibility in the market.
Curiosity:
Unlike Bitcoin, Dogecoin does not have a maximum issuance limit, which means new coins continue to be created indefinitely.
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