Dogecoin (DOGE) is a cryptocurrency created in 2013 as a joke, but it later transformed into one of the most famous cryptocurrencies thanks to its active community and support from prominent figures like Elon Musk.
Basic information about Dogecoin:
Foundation: December 2013
Founders: Billy Markus and Jackson Palmer
Logo: Inspired by the famous Shiba Inu dog meme on the internet
Mechanism of operation: Based on blockchain technology and is very similar to Bitcoin but is faster and cheaper in transactions
Key features of Dogecoin:
✔️ Transaction speed: Faster than Bitcoin in processing transfers.
✔️ Low fees: The cost of sending DOGE is lower compared to some other currencies.
✔️ Strong community: Enjoys wide support online and is used for donations and tips.
✔️ Celebrity support: Elon Musk's statements have boosted its popularity and increased its market value.
