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Dogecoin is a cryptocurrency with a fun and friendly brand picture that aims to be a supportive introduction to cryptocurrency. Billy Markus, an Oregon programmer, came up with the concept for a kind of "joke" cryptocurrency. He reasoned that a more lighthearted coin, rather than Bitcoin, would have a greater chance of gaining mainstream acceptance. Although Dogecoin is nowhere near the scale of Bitcoin, the 'joke' currency's market cap has risen from more than $1 billion in early January to $47 billion on Saturday, according to CoinMarketCap.

It was dubbed a "meme cryptocurrency." Dogecoin (DOGE) is an open-source cryptocurrency that is based on a fork of the Litecoin code. As the name implies, it is mainly based on the Doge meme that swept the Internet in 2013.

Interest Facts About Dogecoin Dogecoin

 is an open-source peer-to-peer digital currency popular among Shiba Inus around the world. "Doge" is our amusing and friendly mascot! The Shiba Inu is a Japanese breed of dog that has become popular as an online meme and is associated with Dogecoin. Dogecoin has one of the most active and largest communities in the cryptocurrency world. This group has banded together to support a variety of charitable endeavours and other ventures.