Beginner’s Guide to Dogecoin

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While we are quite sure you know Bitcoin, Ethereum or Bitcoin Cash as you are visiting a crypto news magazine right now, maybe you are not that familiar with Dogecoin.

While this cryptocurrency was created in 2013 by software engineers Billy Markus and Jackson Palmer as a meme, very few people knew about it until quite recently, when it became very popular partly thanks to Elon Musk.

The CEO of Tesla, a popular electric car manufacturer from the US, has made multiple mentions to the cryptocurrency on Twitter, which has resulted in a lot of people buying it simple because such an important entrepreneur and investor was talking about it.

The currency itself was originally designed to be a meme, without any real use in mind. The physical representation of the cryptocurrency depicts a shiba inu dog.

Despite being conceived as a crypto, as a result of its increasing popularity, some companies have started to accept it as a means of payment. For example, it is accepted by California-based tech-focused online retailer Newegg, Mark Cuban-owned NBA club Dallas Mavericks or AirBatlic.

We believe in Dogecoin’s potential to become a means of payment. Apart from making us laugh, you can also use it to pay for goods and services. What else could you ask for?