DOGE

Dogecoin is a proof-of-work cryptocurrency launched in 2013, originally created as a lighthearted fork of Litecoin featuring the Shiba Inu "Doge" meme as its mascot. Unlike Bitcoin and Litecoin, Dogecoin has no supply cap — it issues a fixed 5 billion DOGE per year in perpetuity, creating a mildly inflationary monetary policy. Despite its origins as a joke, Dogecoin has developed a large and active community, and the token has experienced multiple episodes of extreme price volatility driven by social media attention and celebrity endorsements. The network uses the Scrypt mining algorithm and benefits from merged mining with Litecoin, which provides shared security. Dogecoin is accepted as payment by a number of merchants and tipping platforms. For traders, DOGE represents one of the purest expressions of meme-driven sentiment in crypto, where social media narratives and community momentum can dominate price action over fundamental analysis.