#IsraelIranConflict Dogecoin (DOGE) is a meme-inspired, open-source cryptocurrency launched in December 2013 by Billy Markus and Jackson Palmer as a playful spin on Bitcoin . It uses Litecoin’s Scrypt‑based proof‑of‑work, produces 10,000 DOGE per block roughly every minute, and has no maximum supply — fostering frequent transactions over long‑term holding . The community has famously funded charitable causes, tipping, and grassroots campaigns like clean‑water projects and even Jamaican bobsled team support . Notably, Elon Musk’s tweets often trigger volatility, underscoring DOGE’s dependence on social sentiment . Today, its price hovers around $0.17–$0.18, with a market cap near $26 billion and daily volumes near $2 billion .