Crypto Spotlight: DOGE

Region: Europe
Sep 29, 2021, 9:00:00 AM Published By Wirex Team

Much coin. So crypto. Wow.

We all know the iconic meme by now, but how well do you know Dogecoin?

This adorable pupper’s token is now available to buy and exchange in the Wirex app at exclusive OTC rates. Plus, for a limited time only, you’ll get €/US$5 back in WXT when you buy €/US$50 worth!

So, here’s the lowdown on the infamous meme coin.

What is DOGE?

DOGE is a cryptocurrency that was originally created as a joke, but also to bring some light-heartedness and personality to crypto. Since its launch, DOGE has gained a significant following of fans, many of whom use the token to pay towards crowdfunding.

Who created DOGE?

DOGE was launched in 2013 by Billy Markus and Jackson Palmer.

What does it do?

DOGE works like any other cryptocurrency in that it allows users to send it online without the need for a third party, such as a bank and other financial intermediary. DOGE can be exchanged for other crypto and traditional currencies, and can be spent in real life with the Wirex card.

What makes it unique?

Since its launch and its rapid rise in popularity, DOGE has kickstarted a whole new kind of crypto – the meme coin. DOGE has influenced many others to follow in its footsteps, with over 80 meme coins and tokens now listed on CoinMarketCap.

For more on meme coins and the influence of DOGE, check out our blog post.