Dogecoin (DOGE) is a cryptocurrency that was created in 2013 as a lighthearted alternative to Bitcoin, featuring the Shiba Inu dog meme as its mascot. Despite its origins as a joke, it has gained a significant following and market capitalization, particularly after endorsements from high-profile figures.
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“Dogecoin's price surged over 800% in early 2021 after tweets from Elon Musk and a viral social media campaign brought massive retail interest to the memecoin.”