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DOGE
(Dogecoin)
DOGE (Dogecoin) is a cryptocurrency created as a joke in 2013 featuring the Shiba Inu dog meme. Despite its satirical origins, DOGE reached an $88 billion market cap during the 2021 crypto boom, supported by celebrity endorsements from Elon Musk and Mark Cuban.
Unlike BTC's 21M coin limit, DOGE has infinite supply (10,000 new coins mined per minute). Its low price ($0.07 in 2023) and community appeal made it a gateway crypto. DOGE gained utility for tipping and small purchases, with some merchants accepting it alongside serious DeFi projects. The "HODL" mentality among "Shibes" (DOGE fans) exemplifies internet culture's impact on finance.
Unlike BTC's 21M coin limit, DOGE has infinite supply (10,000 new coins mined per minute). Its low price ($0.07 in 2023) and community appeal made it a gateway crypto. DOGE gained utility for tipping and small purchases, with some merchants accepting it alongside serious DeFi projects. The "HODL" mentality among "Shibes" (DOGE fans) exemplifies internet culture's impact on finance.