Dogecoin

Dogecoin (DOGE) was created in 2013 by Billy Markus and Jackson Palmer as a lighthearted cryptocurrency based on the popular "Doge" Shiba Inu meme, originally intended as a joke but quickly evolving into a legitimate digital asset with a passionate community. Built on a fork of Litecoin's codebase, Dogecoin features faster block times and an inflationary supply model that makes it potentially well-suited for microtransactions and online tipping.

The Dogecoin ecosystem thrives on community-driven initiatives, charitable fundraising, and mainstream adoption accelerated by high-profile endorsements from figures like Elon Musk. Major companies including Tesla, AMC, and the Dallas Mavericks have accepted DOGE as payment.

At CoinDesk, we track Dogecoin news ranging from price movements and celebrity endorsements to technical developments and merchant adoption. Our coverage explores how meme culture intersects with serious cryptocurrency adoption, the impact of social media on DOGE's volatility, and the ongoing development efforts to improve the network's functionality.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

Dogecoin, ApeCoin See Higher-Than-Usual Liquidations in Volatile Trading

Futures tracking the two tokens notched up nearly $35 million in losses for traders.

By Shaurya MalwaApr 26, 2022

(Bored Ape Yacht Club, modified by CoinDesk)

Markets

Market Wrap: Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps

BTC was roughly flat over the past 24 hours, compared with a 26% rally in DOGE.

By Damanick Dantes, Angelique ChenApr 25, 2022

Markets

Dogecoin Surges Nearly 9% Amid Reports That Twitter Will Accept Musk's Takeover Offer

Futures of Twitter (TWTR) trading in Frankfurt also jumped 6.48%.

By Shaurya MalwaApr 25, 2022

Elon Musk, chief executive officer of Tesla. (Al Drago/Bloomberg via Getty Images)

Markets

Market Wrap: Bitcoin Bounces Around $40K as Stocks Waver; Crypto Security Concerns Intensify

New evidence of money laundering could trouble policymakers. Meanwhile, some analysts see limited upside for BTC.

By Damanick Dantes, Angelique ChenApr 18, 2022

Markets

Market Wrap: Cryptos Mixed Amid NFT Slowdown, Meme Coins Surge

During a shortened week in traditional markets, with U.S. stock exchanges closed on Friday, bitcoin struggled for direction, hovering around $40K, while DOGE and SHIB experienced wild swings.

By Damanick Dantes, Angelique ChenApr 15, 2022