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What is Dogecoin?

Dogecoin is a cryptocurrency that was created in 2013 by software developers Billy Markus and Jackson Palmer.

It was originally designed as a joke based on the popular “Doge” internet meme, featuring a Shiba Inu dog. However, it quickly gained a following and has since become a legitimate digital currency.

Dogecoin is decentralized, meaning it operates independently of any central authority, and is built on the same blockchain technology as Bitcoin.

It has gained attention in recent years due to celebrity endorsements and social media hype, leading to significant price volatility. Despite its origins as a joke, Dogecoin has become a popular investment and payment option among some communities.

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