The origin of Dogecoin Founded in 2013 by Billy Markus and Jackson Palmer, Dogecoin was created as a joke and satire, inspired by the popular "Doge" meme featuring the Shiba Inu. Technically, it is based on code derived from Litecoin, employs the Scrypt algorithm, and uses the proof-of-work mechanism (PoW). It initially aimed to poke fun at the overwhelming influx of new coins in the market, unexpectedly garnering substantial community support. The cultural significance of the Shiba Inu image...