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What is dog coin [new]?

Dog Coin [New] has no change in the last 24 hours. The current CoinMarketCap ranking is #9671, with a live market cap of not available. The circulating supply is not available and a max. supply of 6,000,000,000 DOG coins. Dog Coin is a new meme token that has been launched on the BNB Smart Chain (BEP20).

What does Dogecoin stand for?

Dogecoin (/ ˈ d oʊ (d) ʒ k ɔɪ n / DOHZH-koyn or DOHJ-koyn, code: DOGE, symbol: Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system that is free from traditional banking fees. Dogecoin features the face of the Shiba Inu dog from the "Doge" meme as its logo and namesake.

Is Dogecoin a cryptocurrency?

Dogecoin is a cryptocurrency, like Bitcoin or Ethereum—although it’s a very different animal than either of these popular coins. Dogecoin was originally created at least in part as a lighthearted joke for crypto enthusiasts, and took its name from a once-popular meme. What Is Dogecoin?

Is Dogecoin a deflationary coin?

Dogecoin is considered an "inflationary coin," while cryptocurrencies like Bitcoin are deflationary because there's a ceiling on the number of coins that will be created. Every four years, the amount of Bitcoin released into circulation via mining rewards is halved, and its inflation rate is halved along with it until all coins are released.

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