🐕 Interesting Facts About Dogecoin
1. Created as a joke
In 2013, developers Billy Markus and Jackson Palmer created Dogecoin just as a “meme.” Its name and logo come from the famous Shiba Inu dog.
2. Grew through community power
Dogecoin started with a very low value but gained popularity thanks to its community, being used for social causes and charity campaigns.
3. First big campaign
In 2014, Dogecoin supporters raised over $50,000 worth of DOGE to send Jamaica’s bobsled team to the Sochi Winter Olympics.
4. The Elon Musk effect
Tesla founder Elon Musk tweeted about Dogecoin multiple times, causing its price to skyrocket several times.
5. Unlimited supply model
Unlike many other cryptocurrencies, Dogecoin has no maximum supply. Around 5 billion new DOGE are mined each year.
6. Fast and cheap transactions
Dogecoin transactions are faster and cheaper than Bitcoin or Ethereum, making it practical for everyday payments.
