What is Dogecoin

Dogecoin was created by programmer Billy Markus from Portland, Oregon, who hoped to create a fun cryptocurrency that could reach a broader demographic than Bitcoin. In addition, he wanted to distance it from the controversial history of other currencies.

On December 19, 2013, Dogecoin jumped almost 300 percent in value in 72 hours, going from $ 0.00026 to $ 0.00095, with a volume of billions of Dogecoins per day. This growth came during a time when Bitcoin and many other cryptocurrencies were reeling from China's decision to ban Chinese banks from investing in the Bitcoin economy.

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