Dogecoin Price (DOGE INR)

About Dogecoin

Dogecoin was created as a joke in 2013, but it’s become a very real asset by now. People who have invested in Dogecoin over the years have seen incredible returns as the “meme token” has seen its value rise “to the moon”. The symbol for the coin, Doge, is based on a famous Shiba Inu dog, or Doge, as it was known in memes.

One of the Dogecoin creators, Billy Markus, admitted in an interview that he made Dogecoin in “just two hours”, and didn’t even “think of the environmental impact”, but the lighthearted coin has seen unforeseen acceptance, and although it’s still nowhere near the scale of Bitcoin, it’s market cap has risen strongly over the years.

The meme cryptocurrency is an open source token, based on a fork of the Litecoin code. Recently, another meme token, SHIB, or Shiba Inu, was launched as the Dogecoin killer, and like Dogecoin, also uses the Japanese dog breed, the Shiba, as its mascot.