Dogecoin (DOGE) is a decentralized cryptocurrency first launched in 2013 as a playful alternative to traditional digital coins, inspired by the popular $DOGE internet meme featuring a Shiba Inu dog.
It runs on its own blockchain using a Proof-of-Work mechanism with fast, low-fee transactions ideal for micro-payments and tipping.
Unlike Bitcoin, $DOGE coin has no maximum supply cap and adds about 5 billion new $DOGE each year, making it inflationary.
Despite its humorous beginnings, $DOGE GE has grown into one of the most recognized cryptocurrencies with a vibrant global community.
Its price is highly influenced by social media and celebrity mentions, contributing to notable volatility.
Some users and merchants accept $DOGE for everyday purchases, but critics point to limited technological features compared with other coins.remains a classic “meme coin” and a unique part of crypto culture, blending internet humor with real financial markets.