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cryptocurrency that was originally launched as a "memecoin" within the cryptocurrency community. Over time, however, Dogecoin has grown to become a large blockchain network and is one of the most popular altcoins available on the market.
There is also a serious foundation and reason for the creation and development of Dogecoin. The co-founders, Jackson Palmer and Billy Markus, two software engineers by professional training and experience, wanted to make cryptocurrency accessible to individuals outside of Bitcoin.
The founders expressed that the oversaturation and difficulty in mining Bitcoin from the time of its creation until the launch of Dogecoin made it difficult for the average person to participate in the mining process. This was due to limited resources as well as technological expertise. Dogecoin was conceived as an entry point for the less experienced to get involved in the crypto industry.
The launch of Bitcoin in 2009 catalyzed the creation and launch of many different cryptocurrencies, each offering different use cases and functionality. Dogecoin, however, does not provide specific use cases; DOGE was a collaborative effort of the crypto community and is now listed on most major exchange platforms.