In short, Dogecoin (DOGE) is a universal currency available to everyone in the world with the supporting technology; such as a computer or mobile device, with a cryptocurrency wallet.

Similar to traditional currencies, valued by supply-and-demand, Dogecoin’s value is determined by the demand of the coin on cryptocurrency exchanges.

It’s value is entirely determined by the people. Hence, it’s been called, “The coin of the people.”

Dogecoin is an open source peer-to-peer digital currency, favored by Shiba Inus worldwide.

Dogecoin (/ˈdoʊ(d)ʒkɔɪn/ DOHZH-koyn or DOHJ-koyn,[2] code: DOGE, symbol: Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system that is instant, fun, and free from traditional banking fees. Dogecoin features the face of the Shiba Inu dog from the “Doge” meme as its logo and namesake. It was introduced on December 6, 2013, and quickly developed its own online community, reaching a market capitalization of US $85,314,347,523 on May 5, 2021.