CRYPTOPROJECTS

DOGE

DOGECOIN

Dogecoin (DOGE) is a cryptocurrency born from a playful meme featuring a Shiba Inu dog. Launched in 2013 as a light-hearted project by Billy Markus and Jackson Palmer, Dogecoin quickly gained traction, boasting a vibrant online community and reaching a market capitalization of $60 million by 2014.

Based on Litecoin's codebase, Dogecoin features a large, inflationary supply and a rapid coin production schedule. While initially regarded as a joke currency, Dogecoin evolved into a tipping system on platforms like Reddit and Twitter, where users reward each other for engaging content.

Despite its fun-loving community, Dogecoin's lack of significant updates since 2015 has led some to question its viability in the rapidly evolving crypto landscape. Nonetheless, Dogecoin remains a symbol of internet culture and charitable fundraising initiatives.