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Dogecoin

Dogecoin (DOGE)

• Proof of Work
$0.11
+0.79% (24h)
Market Cap 16B
24h Volume $1.77B
Circulating 148.31B DOGE
All-Time High $0.75

About

Dogecoin (DOGE) is a decentralized, peer-to-peer cryptocurrency that originated as a lighthearted "meme" alternative to the more serious digital assets of the time. Created by software engineers Billy Markus and Jackson Palmer, Dogecoin features the likeness of the Shiba Inu dog from the popular "Doge" internet meme as its mascot. While it began as a joke to satirize the wild speculation in the early crypto market, it quickly evolved into a legitimate financial tool with one of the most active and charitable communities in the space.

Technically, Dogecoin is a fork of Luckycoin (which was itself a fork of Litecoin). It distinguishes itself from Bitcoin by its significantly faster block time (1 minute per block vs. Bitcoin's 10 minutes) and its lack of a supply cap. This inflationary design is intended to encourage spending and tipping rather than long-term hoarding. Over the years, Dogecoin has moved from being a tool for "internet tipping" on Reddit and Twitter to being accepted as payment by major retailers and organizations, bolstered by high-profile endorsements from figures like Elon Musk. Despite its playful origins, Dogecoin remains a top-tier cryptocurrency by market capitalization, proving the power of community-driven branding and social consensus.

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