What Is The Price Of Dogecoin?

This open-source peer-to-peer currency’s logo sports a Shiba Inu. It was created by Shibetoshi Nakamoto and Jackson Palmer as a Litecoin fork in 2013. DOGE has a block time of one minute and uses Scrypt hashing for Proof-of-Work. The currency was created to attract a larger userbase than BTC and there is no upper limit to how many Dogecoins can be mined. DOGE surged in popularity after Elon Musk became one of its proponents on social media and a number of companies now accept payments in DOGE. First created as a joke, Dogecoins are now widely used as a tipping currency.