Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus and Jackson Palmer, who decided to create a payment system that is instant, fun, and free from traditional banking fees.
Despite its origins as a joke, Dogecoin gained a massive community and market capitalization, particularly boosted by endorsements from prominent figures like Elon Musk.