My Crypto Learning Journey
#18 – Dogecoin (DOGE)
What is Dogecoin?
Dogecoin is a decentralized, peer-to-peer digital currency and the internet’s first meme-inspired "memecoin." It started as a joke in December 2013, based on the “Doge” Shiba Inu meme.
The original Doge meme featured a smiling Shiba Inu and fun phrases like “much wow” in playful broken English.
Key Facts
- Token: $DOGE
- Max supply (capped): None — unlimited supply
- Circulating supply (Aug‑2025): ~150.48 billion DOGE
- Launch year: December 2013 by Jackson Palmer & Billy Markus
What You Can Do with DOGE
- Send fast, low-fee payments online
- Tip content creators on social media
- Donate to charity or join fundraisers
- Support community and fan-driven causes
Why DOGE Stands Out
- Strong community spirit and a playful brand
- Memes and social media drive its popularity
- Supported by high-profile figures (notably Elon Musk), causing viral price swings
- Used in high-profile, quirky projects like DOGE-1, a moon satellite mission funded entirely by Dogecoin
Real-World Analogy: Think of Dogecoin like the money within a boardgame you're playing with your friends at a party.
Everyone’s welcome to use it and experience friendly, and endless fun. You don’t really save it like a real currency, and instead, you spend it on tips, jokes, or good vibes. Its value rises with how much the party talks about it.
