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Dogecoin is a decentralized cryptocurrency created in 2013 as a lighthearted parody of Bitcoin, featuring the iconic Shiba Inu dog meme as its mascot. It operates on a blockchain similar to Bitcoin but with faster transaction times and lower fees, making it practical for everyday transactions and tipping online. What sets Dogecoin apart is its fun, community-driven culture and accessibility, having gained mainstream popularity through social media endorsement and becoming widely adopted for charitable donations and casual payments.