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Dogecoin

noun | dȯj - kȯin – A cryptocurrency, originally created by computer programmers Billy Marus and Jackson Palmer, to parody other cryptocurrencies. The Dogecoin, with the ticker symbol of “DOGE,” features a Shiba Inu dog, from the “Doge” Internet meme, as its logo. Dogecoin differs from most other cryptocurrencies in that it is inflationary, rather than deflationary. Deflationary cryptocurrencies, such as Bitcoin, have a hard cap on the number of coins to be produced. An inflationary currency, such as Dogecoin, may allot for perpetual production (i.e., Dogecoin production is capped at about five billion coins per year). Critics argue that inflationary cryptocurrencies destroy value, due to perceived unlimited supply, whereas proponents believe inflationary cryptocurrencies have better long-term utility – as it discourages factors such as hoarding – and provides a predictable and steady currency supply. Elon Musk had Tweeted that Dogecoin might be considered his “favorite cryptocurrency” and agreed that a ‘Mars economy will run on crypto.’

Bro, is Dogecoin a bubble?

by William Zafra Velasco January 3, 2021

3425👍 5👎


Dogecoin

noun | dȯj - kȯin – A cryptocurrency, created by computer programmers Billy Marus and Jackson Palmer in 2013, to parody other cryptocurrencies. The Dogecoin, with the ticker symbol of “DOGE,” features a Shiba Inu dog, from the “Doge” Internet meme, as its logo. Dogecoin differs from most other cryptocurrencies in that it is inflationary, rather than deflationary. Deflationary cryptocurrencies, such as Bitcoin, have a hard cap on the number of coins to be produced. An inflationary currency, such as Dogecoin, may allot for perpetual production (i.e. Dogecoin production is capped at about five billion coins per year). Critics argue that inflationary cryptocurrencies destroy value, due to a perceived unlimited supply, whereas proponents believe inflationary cryptocurrencies have better long-term utility – as it discourages factors such as hoarding – and provides a predictable and steady currency supply. Elon Musk had Tweeted that Dogecoin might be considered his “favorite cryptocurrency” and agreed that a ‘Mars economy will run on crypto.’

Bro, Dogecoin is going to eventually be worth something or nothing.

by William Zafra Velasco January 3, 2021

3425👍 5👎


Dogecoin

An online decentralized cryptocurrency which was originally created as a joke. Similar to Litecoin, Dogecoin uses the hashing algorithm, Scrypt.

Dogecoin worths almost nothing, how come you believe that Dogecoin will rise?

by ryancflam April 10, 2016

583👍 5👎


Dogecoin

A cryptocurrency involving the popular meme "Doge" however anyone who doesn't HODL are cowards.

He's just sold all of his Dogecoin, how is he ever going to go to the moon now?

by TheDogeDaily February 24, 2021

11👍 5👎


Dogecoin

the currency of the future.
TO THE MOON!

What dogecoin, is that thing Elon Musk keeps tweeting about?

by car_fucker March 11, 2021

4👍 10👎


Dogecoin

Best Crypto Ever (and worst at the same time)

Dogecoin to the moon yayyy

Gonna buy some more dogecoin when it dips again, very rich, very doge, very hodl

by DD4VKHmrdTbF38HTsiLTqD3QU58AXE March 5, 2021

4👍 9👎


dogecoin

A crypto-currency worth absolutely nothing, yet is used anyways. TO THE MOON!

Wow, such dogecoin. Many riches. Very to the moon. wow

by RoundedColt8 June 26, 2014

242👍 12👎