noun | dȯj - kȯin – A cryptocurrency, originally created by computer programmers Billy Marus and Jackson Palmer, to parody other cryptocurrencies. The Dogecoin, with the ticker symbol of “DOGE,” features a Shiba Inu dog, from the “Doge” Internet meme, as its logo. Dogecoin differs from most other cryptocurrencies in that it is inflationary, rather than deflationary. Deflationary cryptocurrencies, such as Bitcoin, have a hard cap on the number of coins to be produced. An inflationary currency, such as Dogecoin, may allot for perpetual production (i.e., Dogecoin production is capped at about five billion coins per year). Critics argue that inflationary cryptocurrencies destroy value, due to perceived unlimited supply, whereas proponents believe inflationary cryptocurrencies have better long-term utility – as it discourages factors such as hoarding – and provides a predictable and steady currency supply. Elon Musk had Tweeted that Dogecoin might be considered his “favorite cryptocurrency” and agreed that a ‘Mars economy will run on crypto.’
by William Zafra Velasco January 3, 2021
Get the Dogecoin mug.An online decentralized cryptocurrency which was originally created as a joke. Similar to Litecoin, Dogecoin uses the hashing algorithm, Scrypt.
by ryancflam June 16, 2016
Get the Dogecoin mug.by RoundedColt8 June 26, 2014
Get the dogecoin mug.Dogephobicism is a phobia of WarRobotDoge. Someone that is Dogephobic may not agree with the opinions of a WarRobotDoge.
by WarRobotDoge February 10, 2023
Get the Dogephobicism mug.1. A person who ALWAYS talks in doge, non-stop.
2. A person who uploads posts relating to the doge meme.
3. A person sets the doge search engine as default in Chrome.
4. A person who buys a Shiba Inu, just to make Doge remarks.
2. A person who uploads posts relating to the doge meme.
3. A person sets the doge search engine as default in Chrome.
4. A person who buys a Shiba Inu, just to make Doge remarks.
by LiteralLemon April 6, 2014
Get the Dogebag mug.by TheRedditGod December 28, 2013
Get the dogecoin mug.The ultimate fate for the name of the United States. As Doge's regime gains inexplicable popularity among the citizens, we will soon be forced to bow to this golden haired pup for the rest of forever.
Citizen: "The President's popularity is plummeting in the media!"
Dogilite: "Expected. He should have made his own crypto currency. Might have had a chance."
Citizen: "Very agree! I pledge so allegiance to the United States of Dogemerica!"
Passerby: "Wow."
Dogilite: "Expected. He should have made his own crypto currency. Might have had a chance."
Citizen: "Very agree! I pledge so allegiance to the United States of Dogemerica!"
Passerby: "Wow."
by Dogilite January 8, 2014
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