Dogecoin (DOGE) was launched in December 2013 by software engineers Billy Markus and Jackson Palmer. It was created as a lighthearted alternative to Bitcoin, drawing inspiration from the popular “Doge” meme featuring a Shiba Inu.

Initially conceived as a humorous experiment, Dogecoin has evolved into a significant player in the cryptocurrency market. It is supported by a dedicated community known for its philanthropic efforts under the motto “Do Only Good Everyday” (DOGE).

• The community has gained attention for various charitable initiatives, such as:
• Funding the Jamaican bobsled team’s participation in the Sochi Olympics.
• Supporting clean water projects in Kenya.

Unlike Bitcoin, which has a capped supply, Dogecoin follows an inflationary model with no maximum supply. This means that miners are rewarded with 10,000 DOGE for each block mined, contributing to its increasing popularity and influence within the cryptocurrency landscape.

📎 Related coverage from: medium.com