Dogecoin

Dogecoin is a Bitcoin-based digital currency (cryptocurrency). It was created by Billy Markus and Jackson Palmer on 8 December 2013, and was inspired by the Shiba Inu featured in the "Doge" internet meme.^[1]^[2] Palmer and Markus launched the coin on Dec. 6, 2013. Two weeks later on Dec. 19, the value of Dogecoin jumped 300%, perhaps due to China forbidding its banks from investing in cryptocurrency. Doge functions based on the Scrypt technology. It has unlimited emission, and fast transaction processing speed.^[3]

Users can buy and sell Dogecoin on digital currency exchanges. They can opt to store their Dogecoin on an exchange or in a Dogecoin wallet.^[4]

Dogecoin.com promotes the currency as the "fun and friendly Internet currency", referencing its origins as a "joke."

Elon Musk frequently mentions or talks about Dogecoin on his Twitter account, boosting its popularity significantly in recent years.

References

↑ Stephen Hutcheon. "The rise and rise of dogecoin, the internet's hottest cryptocurrency". Sydney Morning Herald. Fairfax Media. Retrieved 31 January 2014.
↑ "Cryptocurrency accounting". Archived from the original on 2020-01-29. Retrieved 2020-02-23. Sunday, February 23, 2020
↑ "What is Dogecoin?". Investopedia. Retrieved 2021-07-27.
↑ "Shiba Inu vs. Dogecoin. Who is the Lead Dog of the Pack?". PR Fire. Archived from the original on 2021-07-27. Retrieved 2021-07-27.

This short article about technology can be made longer. You can help Wikipedia by adding to it.

[1] Stephen Hutcheon. "The rise and rise of dogecoin, the internet's hottest cryptocurrency". Sydney Morning Herald. Fairfax Media. Retrieved 31 January 2014.

[2] "Cryptocurrency accounting". Archived from the original on 2020-01-29. Retrieved 2020-02-23. Sunday, February 23, 2020

[3] "What is Dogecoin?". Investopedia. Retrieved 2021-07-27.

[4] "Shiba Inu vs. Dogecoin. Who is the Lead Dog of the Pack?". PR Fire. Archived from the original on 2021-07-27. Retrieved 2021-07-27.

[1]

[2]

[3]

[4]