DOGEUSD
DogeCoin
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About DOGEUSD
Meme Coin
Dec 12, 2013
Dogecoin (DOGE) is a cryptocurrency created in 2013 by Billy Markus and Jackson Palmer, inspired by the popular "Doge" internet meme. Built on the Litecoin protocol using the Scrypt algorithm, it features faster block times (1 minute) and an inflationary model with no hard supply cap, issuing around 5 billion new coins annually. Initially launched as a light-hearted alternative to Bitcoin, it gained viral attention through social media and community-driven initiatives. While criticized for its lack of scarcity and speculative price swings, DOGE functions as a decentralized, open-source digital currency, primarily used for microtransactions and tipping in online communities. Its value has been significantly influenced by celebrity endorsements, notably from Elon Musk, highlighting its unique position as a meme-driven crypto asset.
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