What Does Dogecoin Mean?
Dogecoin is a dog-themed cryptocurrency pioneered in 2013, an alternative to more famous choices like bitcoin. Although the value of an individual Dogecoin is very small (often a portion of a cent) the massive number of Dogecoins in circulation correlates to a market capitalization of over $1 billion.
Techopedia Explains Dogecoin
The Dogecoin currency is based on an internet meme featuring a picture of a Shiba Inu, a popular Japanese dog breed. The currency’s faceplate features the Shiba Inu’s head with the letter “D” superimposed.