Dogecoin, often abbreviated as DOGE, is a community-driven cryptocurrency. It is often referred to as a “meme coin”, due to its online notoriety. Despite its humorous origin, Dogecoin has grown into a popular digital asset with a vibrant community and unique real-world applications.

In 2021, Dogecoin became one of the ten largest cryptocurrencies by market cap. This was largely driven by retail investors on Reddit collaborating to drive the price up, creating somewhat of a media frenzy that even received attention from Elon Musk.

Dogecoin operates on its own blockchain, which, despite following a similar Proof of Work consensum mechanism to Bitcoin’s blockchain, is actually less energy-intensive.

There are many more features that help to set Dogecoin apart from other cryptocurrencies:

• Friendly community: Dogecoin's community is well-known for being welcoming and enthusiastic.

• Inflationary supply: Unlike bitcoin, which has a fixed supply, Dogecoin has an inflationary supply. This means that new Dogecoins are continually created, ensuring a steady flow of coins for transactions.

• Fast transactions: Dogecoin transactions are known for their speed and low fees, making it a popular choice for micropayments and everyday transactions.