Dogecoin

DOGE Launched 2013 source

What this page is: neutral, sourced facts about Dogecoin. Every line links where it was checked. 9 facts, 4 from primary sources. Educational, not financial advice.

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Launch

Forked from Litecoin in December 2013. secondary source source

Founders and creators

Created by Billy Markus and Jackson Palmer. primary source source

Origin story

Dogecoin is a community-driven cryptocurrency that was inspired by a Shiba Inu meme. primary source source

Stated purpose

A fun, light-hearted cryptocurrency. secondary source source

Consensus mechanism

Dogecoin Core uses the Scrypt hashing method for Proof of Work and is adapted from Bitcoin Core and other cryptocurrencies. primary source source

Supply model

Total supply is uncapped. secondary source source

Main uses today

Used primarily as a tipping system on Reddit and Twitter. secondary source source

Key milestones

An SEC interpretation, joined by CFTC guidance and effective March 23, 2026, lists Dogecoin (DOGE) among its examples of digital commodities. primary source source

Notable events and controversies

On December 25, 2013, the first major theft of Dogecoin occurred when millions of coins were stolen during a hack on the online wallet platform Dogewallet. secondary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.