Dogecoin (DOGE) is a cryptocurrency created in 2013 as a joke based on the popular Shiba Inu meme. It was developed by programmers Billy Markus and Jackson Palmer. Dogecoin uses blockchain technology and the Scrypt algorithm, making it more accessible for mining.
A distinctive feature of Dogecoin is its active community that supports various charities and events. This community has become the basis for the popularization of the cryptocurrency and its use. Dogecoin is often used for microtransactions and tipping on the Internet, due to its accessibility and low fees.
In 2021, Dogecoin gained attention due to the support of celebrities such as Elon Musk, which contributed to the growth of its value. This volatility makes Dogecoin an interesting object for speculation, although it is also subject to significant risks.
Dogecoin has no limit on the total number of coins, which ensures a constant flow of new DOGE. Despite its humorous roots, the cryptocurrency continues to grow and attract the attention of users around the world.
