Dogecoin (DOGE) was created in 2013 by software engineers Billy Markus and Jackson Palmer as a fun and community-oriented cryptocurrency inspired by the internet's popular Shiba Inu dog meme. Accessible to users, Dogecoin is characterized by its low cost and Litecoin-based fast transaction structure. Its community regularly contributes to charity and social projects, giving Dogecoin a strong social dimension. Dogecoin, which adopts the inflationary model, has a different structure than other cryptocurrencies with its unlimited supply and aims to reach a wider audience.
DOGE, which has risen 3.60% in the last 24 hours and at the time of writing, is among the rising ones of the day. Interest in Dogecoin (DOGE) futures is approaching record highs in April with increased trading volume. This interest is said to have increased with rumors that a unit called “D.O.G.E” will be established in the Trump administration and Elon Musk's participation in the Trump rally. The DOGE price may have started to rise after these developments.