What is Dogecoin and where can you get a Dogecoin wallet?
Dogecoin (DOGE) is a meme-themed cryptocurrency launched in 2013 by computer programmers Billy
Markus and Jackson Palmer.
Based on the famous "Doge" internet meme, the digital currency carries the meme's Shiba Inu dog as
its logo and aims to be a more light-hearted and fun alternative to Bitcoin.
Dogecoin uses Scrypt technology in its proof-of-work consensus protocol to enable anyone to mine the
digital currency using GPUs. As a result, Dogecoin remains one of the most popular mining coins for
at-home miners. Despite the rise of specialized mining hardware, which has crowded out small miners
in other proof of work coins, such as Bitcoin, Dogecoin remains mineable by small mining operations.
Buy Dogecoin & store your Dogecoin with Pool Wallet
Buy Dogecoin with your Pool Wallet. You can buy from $50 to $20,000 worth of Dogecoin (DOGE) with a
credit card or debit card directly within the mobile app.
Why is Dogecoin so popular?
Despite fierce competition in the crypto markets, Dogecoin has remained one of the most recognized
brands in crypto and a surprisingly high usage rate. At times, Dogecoin even experienced more
on-chain activity than some of the leading cryptocurrencies in the market.
While its popularity can be partly attributed to its fun factor and lively online community, the
cryptocurrency project has also made headlines by raising funds for the Jamaican Bobsled Team which
qualified but was unable to afford to attend the Sochi Winter Olympics in 2014, and for sponsoring
NASCAR driver Josh Wise in the same year.
Arguably, Dogecoin's biggest promoter, however, has been tech pioneer Elon Musk. The Tesla CEO has
tweeted his affinity for the dog-theme cryptocurrency on numerous occasions and even changed his
Twitter bio to CEO of Dogecoin at one point.
Thanks to its one-minute block time and low transaction fees, Dogecoin emerged as a beloved digital
currency for social media tipping and microtransactions.
To securely buy, store, send, and receive DOGE, download the Pool Wallet app today.