#bitcoin #bitcoin #solana Learn about #DOGE: $DOGE
Dogecoin (DOGE) is a new cryptocurrency that was originally launched as “memecoin” within the cryptocurrency community. However, over time, Dogecoin has grown into a large blockchain network and is one of the most popular altcoins available in the market.
There is also a serious basis and reason for creating and developing Dogecoin. Co-founders Jackson Palmer and Billy Marcus, software engineers with both professional background and experience, wanted to make cryptocurrency accessible to people outside of Bitcoin.
The founders expressed that the oversaturation and difficulty of Bitcoin mining from the time of its inception until the beginning of Dogecoin made it difficult for the average person to participate in the mining process. This was due to limited resources as well as technological expertise. Dogecoin was envisioned as an entryway for less experienced people to participate in the cryptocurrency industry.
The launch of Bitcoin in 2009 spurred the creation and launch of many different cryptocurrencies, each offering different use cases and functionality. However, Dogecoin does not offer any specific use cases – DOGE was a collaborative effort by the cryptocurrency community and is now listed on most major exchanges.