What is Dogecoin?

Dogecoin (DOGE) is a cryptocurrency that was created in 2013. The coin has its origins in an internet meme featuring a Shiba Inu dog, and it rose to prominence after appearing on popular websites like Reddit. Dogecoin has a market capitalization of US$3.75 billion as of February 2019, making it one of the top 20 cryptocurrencies by market cap. There are many ways to earn and use Dogecoin including through faucets, tipping and cloud mining.

Dogecoin (DOGE) is a cryptocurrency that was created in 2013.

Dogecoin (DOGE) is a cryptocurrency that was created in 2013. It’s based on the same technology as Bitcoin and other cryptocurrencies, but it’s designed to be more fun and less serious than other coins. Dogecoin has its own mascot: Doge, a Japanese Shiba Inu dog with bright eyes and an adorable face. The coin got its name from this popular meme that features funny captions over pictures of dogs (usually Shiba Inus).

As with most other cryptocurrencies, Dogecoin works as a peer-to-peer digital currency that allows users to send money directly from one person or device to another without going through banks or credit card companies first – no middleman needed! You can even use DOGE on sites like Reddit where you can tip people for interesting comments by sending them DOGE tokens directly through their Reddit accounts using something called “Reddit Gold.”

The coin has its origins in an internet meme featuring a Shiba Inu dog.

The coin has its origins in an internet meme featuring a Shiba Inu dog. The Shiba Inu is a breed of dog from Japan, and the meme features one saying “wow” in Comic Sans font.

A programmer named Billy Markus created Dogecoin as a joke with his friend Jackson Palmer. He was inspired by this meme, which he thought was funny because it was so simple and silly–a silly word paired with an even sillier picture of an adorable puppy dog.

The currency has a market capitalization of US$3.75 billion as of February 2019.

The currency has a market capitalization of US$3.75 billion as of February 2019, with each coin being worth around US$0.003. The name “Dogecoin” is a play on the term “doge,” an Internet meme that features pictures of a Shiba Inu dog with multicolored text overlaid on them in Comic Sans font (the typeface used for the wordmark).

There are many ways to earn and use Dogecoin, including through faucets, tipping, cloud mining and more.

There are many ways to earn and use Dogecoin, including through faucets, tipping, cloud mining and more.

Cloud mining is when you pay someone else to mine for you on their machine. This can be a great way to get started with cryptocurrency if you don’t have the time or money to invest in your own hardware (and electricity bill).

You can also use Dogecoin as payment for goods and services just like any other currency – one example being that Reddit accepts it as payment for gold memberships! You might even find someone who will accept DOGE instead of cash at their business!

Finally, if you’re interested in trading cryptocurrencies but don’t want all the hassle of managing multiple wallets yourself then an exchange might be right up your alley! There are many different exchanges available these days so do some research before deciding which one will work best for you

Conclusion

Dogecoin is a cryptocurrency that can be used to send funds online and is based on an internet meme featuring a Shiba Inu dog.