Dogecoin (DOGE) is a cryptocurrency created in December 2013 by software engineers Billy Markus and Jackson Palmer. Initially conceived as a parody of the burgeoning cryptocurrency market, it features the Shiba Inu dog from the popular "Doge" meme as its logo. Despite its humorous origins, Dogecoin quickly gained traction, particularly on platforms like Reddit, where it was used for tipping content creators. Built on the Litecoin blockchain, Dogecoin employs the Scrypt algorithm, enabling faster transaction times and lower fees compared to Bitcoin. Notably, it has no maximum supply, with 10,000 new coins mined every minute, leading to an ever-increasing supply. Over time, Dogecoin has evolved from a meme-based joke to a widely recognized digital currency, bolstered by a dedicated community and endorsements from public figures like Elon Musk. Its journey underscores the unpredictable nature of internet culture and the cryptocurrency market.
