Dogecoin News and Analysis

Dogecoin has taken the altcoin scene by storm since its inception in late 2013. Born from a meme involving Shiba Inu dogs, the digital currency has benefited from its vibrant and accessible community. Several notable press mentions have helped to raise its profile, and it has even helped fund the Jamaican bobsled team for the 2014 Winter Olympics. Can the feel-good factor last? Who knows.

Dogecoin is an alternative cryptocurrency, which was created in 2013. It is based on Litecoin and is quite similar to it from a technical standpoint. What separates Dogecoin from every other cryptocurrency is the fact that it uses Doge as its mascot. Doge is a meme associated with imagery of a Shiba Inu breed with colorful captions of the dog's supposed internal monolog. Originally intended as a joke currency, Dogecoin unexpectedly exploded thanks to a dedicated community of Doge fans, at one point reaching a market capitalization of more than $91 mln. The coin remains highly popular even in 2016.

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