Every minute 10000 new Dogecoins are mined which is 14 million coins per day. Here is why? Dogecoin supply factsĭOGE total supply is uncapped and it currently has a circulating supply of 128 Billion. But you need to understand that DOGE should not be considered as a serious investment. Its the power of memes that is moving markets. Now Dogecoin has become a favorite coin for a huge number of Internet users. It is one of the original altcoins and since it is based on Doge meme billionaire Elon Musk posts several tweets promoting Dogecoin. The creators of Dogecoin decided to create a payment system that is fun, free and instant.ĭOGE is primarily being used as a tipping currency on Twitter and Reddit. This open source cryptocurrency was created by Billy Markus and Jackson Palmer in 2013 by forking Litecoin (LTC). The coin is based on the famous internet meme “doge” that features a picture of a Shiba Inu dog as its logo.ĭogecoin was made as a joke cryptocurrency. So what has changed? Nothing.ĭogecoin is one of the OG cryptocurrency that got released a few years after Bitcoin. Dogecoin – A meme cryptocurrencyĪfter 6 years Dogecoin is back on top 10 cryptocurrencies with essentially no technical advancements. If you are new to cryptocurrency and just starting with Dogecoin then here are few things to know about DOGE. Jump to this section here where we explained how to quickly setup a Dogecoin (DOGE) wallet. This way you’ll have full control over your coins and it will remain secure. Instead of using the exchange it is better if you use a Dogecoin wallet for storing, sending and receiving DOGE.
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