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Dogecoin (/ ˈ d oʊ (d) ʒ k ɔɪ n / DOHJ-koyn or DOHZH-koyn, [2] Abbreviation: DOGE; sign: Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. [3]
The first and most widely used decentralized ledger currency, [8] with the highest market capitalization as of 2018. [9] 2011 Litecoin: LTC, Ł Charlie Lee: Scrypt: C++ [10] PoW: One of the first cryptocurrencies to use scrypt as a hashing algorithm. 2011 Namecoin: NMC Vincent Durham [11] [12] SHA-256d: C++ [13] PoW: Also acts as an alternative ...
The most notable example is Dogecoin, a memecoin featuring the Shiba Inu dog from the Doge meme. [55] Memecoins are known for extreme volatility; for example, the record-high value for a Dogecoin was 73 cents, but that had plunged to 13 cents by mid-2024. [55] Scams are prolific among memecoins. [55]
Dogecoin Doge has seen its ups and downs, especially as a favored crypto of Musk. Because of its low entry point of under 50 cents, an investment in Doge might be worth the risk.
Dogecoin's future is highly leveraged to Elon Musk The one key factor in Dogecoin's favor is the unique relationship that it enjoys with tech billionaire Elon Musk.
Cryptocurrencies operate on the blockchain, which is a decentralized ledger of transactions — meaning an intermediary, like a bank or financial institution, isn’t needed. So, how exactly does ...
First, Dogecoin is an inflationary token that doesn't have a supply cap. There are 150 billion Dogecoins in circulation as of this writing, and that supply is growing by about 10,000 tokens per ...
Doge (title), a historical head of state in several Italian city-states, notably Venice and Genoa Döge, a village in north-east Hungary; DOGE (database) (in French, Documentation en Gestion des Entreprises), an academic bibliographic database