What is Dogecoin? A Guide to the Original Meme Crypto

The “Doge” in Dogecoin comes from the Flash cartoon “Homestar Runner,” in which Homestar calls another character his “D-O-G-E,” deliberately misspelling the word “dog.”

How Does Dogecoin Work?

That code for Dogecoin is based on Litecoin, and early versions of the coin incentivized block miners through a randomized reward system. 

How Did Dogecoin Become So Popular?

Born from a Reddit meme, Dogecoin had a ready audience of supporters ready to buy into the cryptocurrency, especially on the WallStreetBets subreddit.

Why Is Dogecoin So Cheap?

Dogecoin is so cheap because there are so many of them, and because so many more are coming into existence, without limit, for the foreseeable future.

Is Dogecoin a Good Investment?

While Dogecoin has gone up in recent years, it’s very hard to predict the future of any form of crypto.

How Can I Buy and Sell Dogecoin?

After opening an account and funding it, you can use those funds to trade Dogecoin or other cryptocurrencies.


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