What is dogecoin?

Most popularly known as the charity coin is one of the most unique digital currencies in many respects, while remaining technically very similar to others. It’s meteoric rise was completely unexpected, and is, perhaps, one of the clearest examples of the power of a meme on the internet. With it’s original cap of 100 billion coins, which has since been changed to be limitless, compared to Bitcoin’s 21 million, it seemed to challenge the accepted rules of digital currency. Digital currencies were thought to get their value from their scarcity, and thus must be deflationary. Thanks to Dogecoin, it seems that is not true.