Dogecoin is a cryptocoin launched in late 2013. Initially released as a light hearted “joke currency” by Billy Markus and Jackson Palmer, the two authors then realized there was a genuine market in the crypto world for a coin that could reach a broad demographic.
Dogecoin was very well received immediately after its launch and has gained a massive following in the years after its release. Dogecoin is an inflationary coin, meaning there is no limit to how many coins can be produced.
As of 2019, Dogecoin ranks 29th among cryptocurrencies by market capitalization.
