Dogecoin (DOGE) is a digital currency that started as a joke in 2013, but later became one of the most famous cryptocurrencies. Here are the key facts about it:
๐ก Quick Facts about Dogecoin (DOGE):
Symbol: DOGE
Network: Dogecoin Blockchain
Established: December 2013
Founders: Billy Markus and Jackson Palmer
Total Supply: Unlimited (continuously minted, currently 10,000 DOGE are mined every minute)
Primary Purpose: Started as an internet joke but evolved into a real means of payment
Logo: The famous "Shiba Inu" dog meme
๐ Why is Dogecoin Famous?
Elon Musk Support: Its repeated endorsements by billionaire Elon Musk on Twitter (now X) have significantly boosted its price.
Strong Community: It has an active and fun community that supports the use of DOGE for donations, tips, and even some purchases.
Ease of Use: Low fees and fast transfers.
๐ Brief Technical Analysis (as of July 2025):
Current Price: (please let me know if you would like a live analysis based on the current market)
Current Resistances: $0.095 - $0.105
Supports: $0.075 - $0.065
Trend: In the medium term, it tends to be sideways, with upward opportunities if supported by impactful news or tweets.$DOGE