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What is Dogecoin used for?

From sponsoring a NASCAR driver in 2014 to building wells in Africa, the community boasts a rich history of philanthropy. For several years, Dogecoin was predominantly used to tip other users on social media websites such as Reddit and Twitter. Another set of users also used the token in exchange for tangible goods and services.

Where to buy Dogecoin stock?

It has a circulating supply of 139,287,456,384 DOGE coins and the max. supply is not available. If you would like to know where to buy Dogecoin at the current rate, the top cryptocurrency exchanges for trading in Dogecoin stock are currently Binance, OKX, CoinW, Bitrue, and Deepcoin. You can find others listed on our crypto exchanges page.

Is Dogecoin a Litecoin?

Dogecoin features a Shiba Inu, a Japanese breed of dog, as its logo. It is based on Litecoin and uses the same proof-of-work technology. Dogecoin has a loyal community of supporters who trade it and use it as a tipping currency for social media content. Dogecoin began as a whim but quickly gained a following.

Who created Dogecoin?

Software engineers Billy Marcus and Jackson Palmer created Dogecoin in late 2013. Palmer branded the cryptocurrency’s logo using a meme popular at the time that featured the deliberately misspelled word “doge” to describe a Shiba Inu dog. “Doge was really started to poke fun at Bitcoin,” said Pat White, CEO of Bitwave.

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