Dogecoin (DOGE) is an open-source cryptocurrency derivative of Luckycoin based on Litecoin. Its proof of work mechanism uses script technology. The coin was launched on December 6, 2013, by two software engineers- A Portland, Oregon-based IBM programmer Billy Markus and his pal Jackson Palmer, an Adobe Inc. product manager from Sydney, Australia.
While it kicked off as a meme coin with the Shiba Inu logo, Dogecoin has shwari built a solid community, surging to a market cap of roughly KSh 11,014,450,000,000 by May 2021. In Kenya, where tech adoption is poa—think Safaricom’s M-Pesa revolution since 2007—DOGE fits right in as an international payment method for eSports betting.