How did a joke turn into a coin that’s been around for over a decade?
Background: In 2014, the Dogecoin community raised funds to help the Jamaican bobsled team, who couldn’t afford the travel costs that year, compete in the Sochi Winter Olympics.
How it works: Dogecoin has no hard supply cap and adds about 5 billion coins each year—a stark contrast to Bitcoin’s fixed supply.
$DOGE is Dogecoin, launched by two engineers in 2013.
Understanding how it works can help you avoid some pitfalls, but it can’t replace risk management.
DYOR, and only invest what you can afford.
Background: In 2014, the Dogecoin community raised funds to help the Jamaican bobsled team, who couldn’t afford the travel costs that year, compete in the Sochi Winter Olympics.
How it works: Dogecoin has no hard supply cap and adds about 5 billion coins each year—a stark contrast to Bitcoin’s fixed supply.
$DOGE is Dogecoin, launched by two engineers in 2013.
Understanding how it works can help you avoid some pitfalls, but it can’t replace risk management.
DYOR, and only invest what you can afford.