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Dogecoin - Definition from the Hotspot Shield Encyclopedia

Dogecoin is a forum of cryptocurrency that takes its name and logo from a popular Shiba Inu dog internet meme.

The Dogecoin was initially created as a joke currency however it soon gained great popularity and has seen a huge amount of circulation, documentation and usage in certain circles of the internet. The currency features a quick mining process and as of 2015 over 100 million Dogecoins had been mined. The cryptocurrency is used as a tipping currency on the internet. Users will tip Dogecoins in return for other users promoting their social media and content etc. Aside from the actual currency, the Dogecoin community has also been involved in many fundraising events and ventures such as sending a real gold Dogecoin to the moon and the sponsoring of NASCAR driver Josh Wise.


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