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Dogecoin (#Dogecoins) is a cryptocurrency launched as a joke invented by software engineers Billy Marcus and Jackson Palmer, who decided to create an instant, fun payment system free of traditional banking fees. Dogecoin is notable for using the face of a Shiba Inu as its logo. It debuted on December 6, 2013 and quickly had its own online community, with a market capitalization of approximately US$70 billion on April 16, 2021.
It must be distinguished from dagcoin because many people think that they are the same currency. One of the most important differences of this currency from other electronic currencies such as Bitcoin is the speed of its production in the early stages. Like other digital currencies, it is traded entirely over the Internet without a physical presence. These currencies differ from traditional currencies in that there is no central regulatory body behind them, but they can be used like any other currency for purchases online or even converted into traditional currencies.
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