Dogecoin
Dogecoin is a meme-inspired cryptocurrency that gained widespread popularity for its community and viral appeal. Originally created as a joke, it is now used for tipping, donations, and small transactions. DOGE has received endorsements from public figures like Elon Musk, contributing to its price volatility. While not technically advanced, it remains a cultural icon in the crypto world.
Dogecoin | |
---|---|
Available on Coinbase (2024)? | Yes |
Creator(s) | Billy Markus and Jackson Palmer |
Start year | 2013 |
Decentralized score (out of 5) | 4/5: Decentralized with Influences |
Influences or central authority | developers, miners, enthusiasts |
Can be mined? | Yes |
New issuance method | Proof of Work (PoW) |
Maximum supply (in millions) | None; no fixed maximum |
Percentage already issued (2024) | Not applicable |
Key functions (other than transactions) | none |
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