Dogecoin is one of the cryptocurrencies that have become very popular in 2021, gaining a lot of attention because of both its price rises and its uniqueness as a ‘meme cryptocurrency’ which has a cult following. Dogecoin is a cryptocurrency that began as a joke, taking its name and logo from a meme of a Shiba Inu. This dog had become very popular online in 2013. It was founded by Jackson Palmer – a software engineer working for Adobe – and IBM developer Billy Markus. Dogecoin is primarily used for tipping users on Twitter and Reddit, but it is also accepted as a method of payment by some merchants. It was initially created in order to try to break the stigma surrounding cryptocurrencies. Dogecoin is a version of Luckycoin (which no longer exists), which itself is a ‘fork’ of Litecoin. The Dogecoin blockchain can process much more transactions per second than Bitcoin. Dogecoin has no supply cap and one block is mined every minute. Due to its mining algorithm, Dogecoin is designed to be unattractive to investors because it keeps a permanently low value. It is difficult to predict what the future holds for Dogecoin. Dogecoin is certainly one of the most volatile and speculative cryptocurrencies.