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What is Dogecoin (DOGE) crypto?

Dogecoin is an open-source peer-to-peer digital currency. It was forked from the Litecoin blockchain in late 2013 by two software engineers, Billy Marcus and Jackson Palmer. Initially, it functioned just as a joke-crypto with a once-popular meme image of the Shiba Inu dog as a logo and is overall backed by its meme nature. The project claims that it’s different from other cryptocurrencies more specifically because of its “amazing, vibrant community”. The coin utilizes the Scrypt technology, possesses a block time of one minute, and has an unlimited supply. DOGE is widely used for tipping on Reddit and Twitter for quality content. Overall, the project’s history is full of significant events, including multiple scam complaints and pyramid scheme allegations. However, there were bright sides too. One of the most well-known facts is that Dogecoin enjoys the broad support of celebrities – an incomplete list of entrepreneurs and media stars includes Elon Musk, Snoop Dog, Mia Khalifa, Mark Cuban, Soulja Boy, and Angela White. Of course, such close attention affects both the price and adoption of the coin.