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š¶ What is Dogecoin (DOGE)?
Dogecoin is a decentralized, open-source cryptocurrency launched in December 2013 by software engineers Billy Markus and Jackson Palmer as a lighthearted parody of crypto speculation. Featuring the iconic Shiba Inu āDogeā meme (Kabosu) as its logo, DOGE rapidly evolved into the first mainstream meme coin, known for its playful tone and welcoming community .
Built on ProofāofāWork and a Scrypt-based hashing algorithm, its blockchain processes transactions much faster than Bitcoin (1-minute block time) and imposes very low fees. Unlike Bitcoin, Dogecoin has no maximum supply, with approximately 10,000 DOGE mined every minute, supporting its use as a tip-friendly microācurrency .
Its community is known for charitable effortsāfrom sending the Jamaican bobsled team to the Sochi Olympics, to building wells in Kenyaāand longstanding meme culture engagement. Dogecoin has also received publicity and support from notable figures such as Elon Musk, Snoop Dogg, and others, fueling both prices and awareness .
As of JulyāÆ31,āÆ2025, DOGE trades around USāÆ$0.22, with a circulating supply of roughly 150āÆbillion tokens, and holds a topā10 ranking in the crypto markets by capitalization .
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Suggested hashtags for Binance posting: #Dogecoin
#MemeCoin
#CryptoCommunity
#DOGE
#ToTheMoon