#Dogecoin #POW
Dogecoin (DOGE) Overview
Dogecoin (DOGE) is a popular cryptocurrency that started as a meme in 2013 but has since gained widespread adoption. Created by Billy Markus and Jackson Palmer, it was initially a joke based on the "Doge" meme. DOGE operates on a proof-of-work (PoW) mechanism, similar to Bitcoin, but with faster transaction times and lower fees. The coin has no maximum supply, making it inflationary. Dogecoin gained massive attention from influencers like Elon Musk, boosting its market value. It is widely used for tipping, payments, and even charitable donations. Despite its humorous origins, DOGE remains a significant player in the crypto space.
