🐶 What is Dogecoin?
Dogecoin (DOGE) is the first meme cryptocurrency, created in December 2013 by Billy Markus and Jackson Palmer as a parody of Bitcoin hype.
Logo & Name: Taking inspiration from the “Doge” meme, which is an image of a Shiba Inu dog named Kabosu.
Its blockchain: A fork of Litecoin, using a Scrypt-based PoW algorithm with a block time of about 1 minute.
Unlimited Supply: No maximum coin limit—about 5 billion DOGE are added each year.
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⚙️ Use & Community
Popular as a tipping tool on social media (Reddit, Twitter), also used for charity and community.
Supported by an active community, sometimes boosted by endorsements from celebrities like Elon Musk and Mark Cuban.
⚠️ Things to Know
High volatility—prices can fluctuate drastically influenced by social sentiment and endorsements.
Not ideal as a long-term investment asset, as it relies more on hype than on technical utility.
