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@ebidelii
What is Dogecoin? Dogecoin** is a cryptocurrency created in 2013 as a joke based on the popular meme "Doge" (a Shiba Inu). It was created by **Billy Marcus** and **Jackson Palmer** to be a fun and lighthearted alternative to Bitcoin. ### Key Features: - **Technology**: It is based on the Litecoin blockchain with the "Scrypt" consensus algorithm. - **Transaction Speed**: Faster and with lower fees than Bitcoin. - **Unlimited Supply**: The number of coins is not limited, and billions of new units are produced annually. - **Strong Community**: Its fans often participate in charity activities and support social projects. ### Key Points: - In 2021, its price increased sharply thanks to the advertising of celebrities such as **Elon Musk**. - Despite its irony, it is traded as a digital asset, but its volatility is very high. Overall, Dogecoin is an interesting example of combining internet culture with blockchain technology, but investing in it carries significant risks.
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