- Launched: 2013
- Creator: Billy Markus and Jackson Palmer
- Purpose: Originally created as a joke, Dogecoin gained popularity due to its active community and use in tipping or microtransactions.
- Features:
- Inflationary Supply: Unlike Bitcoin, Dogecoin does not have a fixed supply, with new coins being continuously mined.
- Fast Transactions: Dogecoin’s block time is only 1 minute.
- Use Cases: Tipping, charitable donations, microtransactions, and as a fun and meme-driven cryptocurrency.
- Status: Despite its origins as a meme coin, Dogecoin has grown into one of the most well-known cryptocurrencies, partially due to endorsements from figures like Elon Musk.
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