DOGE / ZAR

Dogecoin is a peer‑to‑peer cryptocurrency that was launched in December 2013 by software engineers Billy Markus and Jackson Palmer as a light‑hearted alternative to Bitcoin, featuring the Shiba Inu “Doge” meme as its logo. It was intended for micro‑transactions, tipping online content creators, and charitable fundraising, and has grown into a widely used digital asset.

Technically, Dogecoin operates on its own proof‑of‑work blockchain that uses the Scrypt hashing algorithm, inherited from Litecoin. The network has an uncapped supply, with approximately 10 billion new coins minted each year, and each Dogecoin is divisible into 100 million “Koinu”. The native ticker symbol is Ð.

The community surrounding Dogecoin is known for its charitable initiatives and viral marketing, having funded projects such as the Jamaican bobsled team’s Olympic trip and sponsoring a NASCAR driver. Its meme‑driven culture and active social media presence continue to distinguish it from more formal cryptocurrencies.