2021-03-08 09:00:00

What is Dogecoin? Price, news and what you need to know

If you’re of a certain age (read: Gen Y or Z), you’re familiar with the slang term “Doge,” which is a misspelling and mispronunciation (“dohj”) of “dog.” The dog in question, a cute little Shiba Inu, was an internet meme sensation in 2013 that has never really gone away. Doge says all sorts of funny things that he’s thinking, using broken English and poor spelling.

Dogecoin is a cryptocurrency created in 2013 by software developers Billy Markus and Jackson Palmer as a satire of Bitcoin and the exploding popularity of crypto. It has no real use (some people use it to give small tips on social media), but it’s developed a growing fanbase that’s boosted the price of a Dogecoin from less than a penny a few months ago to about $.05 today.

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