#creatorpad $DOGE
Basic Information about Dogecoin:
Type: A decentralized digital currency based on blockchain technology.
Algorithm: Uses the Scrypt algorithm for mining, which is less energy-intensive compared to Bitcoin.
Supply: There is no maximum supply (unlimited), with approximately 5.256 billion DOGE issued annually, making it an inflationary currency.
Main Uses:
Donations and Tips: Used on platforms like Reddit and Twitter to reward good content.
Payment: Some companies, such as Gucci and Tesla (in some cases), accept Dogecoin as a payment method.
Trading: Used as an investment asset or for transferring between cryptocurrencies.
Current Price (as of August 14, 2025): Approximately $0.24 per DOGE, with notable fluctuations.
Market Capitalization: Approximately $36.59 billion, making it among the top 10 cryptocurrencies by market capitalization.