Dogecoin (DOGE)
Dogecoin started as a joke in 2013 but grew into one of the most recognized cryptocurrencies worldwide.
Originally inspired by the famous Shiba Inu meme, Dogecoin has built a loyal community and is often used for tipping, donations, and small payments.
Despite its humorous beginnings, Dogecoin runs on its own blockchain and supports fast, low-cost transactions.
Below, you can find live market data retrieved from the CoinGecko API.
Dogecoin (DOGE) Live Data
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Project Overview
Dogecoin was created by Billy Markus and Jackson Palmer in 2013 to make crypto more friendly and fun. Its active online community helped push it to global fame, especially after being supported by high-profile figures like Elon Musk.
It uses a proof-of-work system similar to Litecoin and offers fast block times for micro-transactions and everyday payments.
Key Insights
Dogecoin is more than a meme coin - it has one of the most engaged communities in the crypto world.
Its network has proven reliable over time and continues to process millions of transactions each month.
Although inflationary, DOGE is widely accepted for payments and remains a symbol of crypto culture.
Common Questions About Dogecoin
1. Who created Dogecoin?
It was created by Billy Markus and Jackson Palmer in 2013.
2. Why is Dogecoin popular?
Its meme origins and strong community make it stand out.
3. Does Dogecoin have a supply limit?
No. DOGE has no maximum supply, making it inflationary.
4. Can Dogecoin be mined?
Yes, using the same Scrypt algorithm as Litecoin.
5. What is Dogecoin used for?
Mainly for tipping, payments, and online donations.
Market Context
Dogecoin's popularity has helped push crypto adoption among mainstream users. It remains an important part of internet and meme culture, representing community-driven innovation.
With ongoing updates and use in payments, DOGE continues to hold its place among top cryptocurrencies.