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Dogecoin It is a digital currency that uses the image of Doge, an internet meme of the Japanese Shiba Inu dog, as the currency's logo. Dogecoin was created by software engineers Billy Markus and Jackson Palmer on December 8, 2013, Although this coin was made for fun, but it being a friendly looking coin, Dogecoin has a fairly large community of supporters, This has resulted in the adoption of Dogecoin, primarily used to “tipping” social networks like Reddit or Twitch to people who create interesting content or comments by pressing the Like button on Facebook. This system allows people on social media to tip others who present their interest through dogecoins, Members of the Dogecoin community and other communities use the phrase "To the moon!"

History
Dogecoin was created by IBM software engineer Billy Markus and Adobe software engineer Jackson Palmer with the idea of creating a “fast, friendly, fun and bank-free digital currency.” it started with funny meme on the internet. Intended to be a parallel coin of Bitcoin, emphasizing satire, not focusing on changing the world Emphasis on accessibility not focusing on exclusives the difference is that it is a coin with unlimited mining. Unlike Bitcoin, which is limited to 21 million coins only thus making its fundamentals completely different and its price as of today is based on people's beliefs and trends rather than their foundations. After gaining support from several people on Twitter, Pammer bought the domain dogecoin.com and began to include a brief overview of the dogecoin, which includes both the logo and the words spread throughout the website. And after Marcus saw the website that Pammer had created through the chat room on the IRC, he contacted Pamer and began to create dogecoins. Marcus created Dogecoin from the code of another existing currency, Luckycoin, and DogeCoin was introduced on December 8, 2013. Initially, the Dogecoin network was designed to generate a total of 100 billion dogecoins but it was later announced that the Dogecoin network would be producing an infinite number of coins.

Use
Dogecoin is an altcoin with a large user base, and is traded against both fiat currencies and other cryptocurrencies on several reputable cryptocurrency exchanges and retail investment platforms. Trading physical, tangible items in exchange for DOGE takes place on online communities such as Reddit and Twitter, where users in such circles frequently share cryptocurrency-related information.

Online tipping
One major mainstream commercial application of the cryptocurrency has been Internet-based tipping systems, in which social media users tip other users for providing interesting or noteworthy content.

Exchanges
Many exchanges offer Doge/USTD, Doge/BTC and Doge/LTC exchanges and more, both in Thailand and abroad. For example, Thailand introduced the DOGE/THB market on January 8, 2014. On January 30, 2014, the Canadian exchange "Vault of Satoshi" opened the DOGE/USD market and DOGE/CAD too, In February 2014, the Hong Kong Exchange It has announced that it will support dogecoin trading in all major currency markets. Later, the Chinese exchange added the Dogecoin Market, making the Dogecoin market expand in 24 hours.

Market change
In early 2018, Dogecoin caught the attention of international media. As Dogecoin's total market capitalization has reached $2 billion. With more and more news about Dogecoin coming out, it has resulted in an overwhelming influx of new investors. Dogecoin is currently the 7th largest cryptocurrency by market capitalization in the world. The total value is about $9 billion, according to Coinmarketcap. But most recently, on Saturday (January 30), Dogecoin's price fell nearly 50%, sparking a wave of posts on Reddit and Twitter urging Dogecoin holders not to panic, Bloomberg reported, that Dogecoin has fallen 46 percent over the past 24 hours as of 4:35 p.m. New York time. After a seven-fold increase last friday to $0.07. After February, the Doge price was able to stay above the 2 baht level continuously. Until April 2021 or about two months later, there was a trend to establish April 20 of each year as Doge Day and call on everyone to buy Doge in order to push the price up to $1 by that date. Even though Doge was unable to reach $1 or 32 baht, the incident caused Dogecoin to rise from 2.00 baht to a new high of 14.5 baht, or about 625%.

Currency and supply
Dogecoin differs from other cryptocurrencies like Bitcoin in that it devalues. Dogecoin There is no limit to the number of dogecoins that can be created which makes Dogecoin like any other currency in use today there is no limit on the number of denominations that can be created. The creator of Dogecoin has been discussing in public forums about whether or not the total amount of money that will be generated should be changed. but after that Dogecoin co-creator Jackson Pammer has announced that the maximum number of jocoins will remain unlimited.