Dogecoin (DOGE) is the world’s first and most iconic memecoin.
Launched in 2013 by software engineers Billy Markus and Jackson Palmer, Dogecoin began as a tongue-in-cheek parody of Bitcoin and the growing hype around cryptocurrencies. Designed to be more approachable and fun, it featured the viral Shiba Inu “Doge” meme as its mascot. What started as a joke quickly gained traction, evolving into a multi-billion-dollar project and laying the foundation for the entire memecoin sector.
Dogecoin is based on a fork of the Litecoin codebase and uses the Scrypt algorithm along with a Proof-of-Work (PoW) consensus mechanism. This enables fast block times and ultra-low transaction fees, making DOGE well-suited for microtransactions, tipping, and everyday payments.
Its simplicity, speed, and strong community have driven a wide range of grassroots use cases, from crowdfunding and charitable donations to viral campaigns across social media.
While it began as a meme, Dogecoin has grown into a cultural force within crypto and beyond. Its unique blend of internet humour and digital finance has cultivated one of the most loyal communities in the space. Dogecoin’s lasting popularity proves that fun, relatability, and community can be just as influential as technology in driving mainstream adoption.
Buying Dogecoin on Coinstash is simple and secure. Just follow these 5 steps to get started:
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