Dogecoin (DOGE) is a decentralized cryptocurrency
that is easy to use in online environment. It has Shiba Inu dog on its logo and was introduced to the market as a “fun and friendly internet currency”. Dogecoin doesn’t have a predefined number of coins as Bitcoin and many other cryptocurrencies. The initial amount was limited to 100 billion coins, which were mined and put in usage by June 2015. After this, there was planned an additional supply of new 5.256 billion coins per year. Dogecoin currency is not used very much in commerce, but it found its place in social media. Users pay each other in DOGE for interesting posts, articles and other social media content.