🌟 What Is Dogecoin?
Dogecoin is an open‑source, peer-to-peer cryptocurrency created as a parody in December 2013 by Billy Markus and Jackson Palmer .
It’s based on Litecoin’s Scrypt algorithm, has no fixed supply (about 5 billion DOGE added annually), and features the Shiba Inu dog “Kabosu” from the famous Doge meme as its logo .
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🧠 History & Community
Born on December 6, 2013, Dogecoin quickly gained traction on Reddit and Twitter, often used for tipping content creators .
Though started as a joke, it grew into a vibrant community project with charitable fundraisers, sponsorships (like Watford FC sleeve ads in 2021), and ongoing development support via the Dogecoin Foundation .
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💼 Market & Price Insights (As of July 27, 2025)
DOGE currently trades around $0.236–0.24, with a 24-hour volume of roughly $1.8 billion, placing it among the top cryptocurrencies by market cap ($35–36 billion) .
In July alone, DOGE surged nearly 77%, peaking at about $0.27, before consolidating near $0.23–0.24 .
Analysts highlight a double-bottom pattern with resistance just below $0.25. A clean daily close above this level may pave the way toward $0.36 or even $0.42 in the coming weeks .
Key technical support zones lie around $0.22, where traders are watching for bullish continuation$DOGE #Dogecoin #doge⚡