Dogecoin is a cryptocurrency that was launched in December 2013 and is considered one of the first satirical-inspired cryptocurrencies. It was created by software engineers Billy Markus and Jackson Palmer as a joke based on the popular Shiba Inu dog meme, and was intended to provide a fun alternative to Bitcoin and other cryptocurrencies.

But over time, Dogecoin has grown in popularity, and has been used for online payments and various purposes, including donations, project funding, and social media content. It has also attracted increasing investor interest, especially after it was backed by prominent figures such as Elon Musk.

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