The Joke Coin: announced as a joke by its founders, the dogecoin created in 2013 is still in the top tier in terms of valuation on the crypto-acitf market. Its founder, Billy Markus, didn't think the joke would get this big. The crypto-joke was carried by Elon Musk's tweets making the asset gain a sizable market share. The dogecoin is considered pure irrationality of the crypto asset market. However the crypto represents some value and can be considered as a means of payment.
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The native token of the asset is the : DOGE. It is currently used to tip content creators especially on Reddit through Sodogetip. Doge uses the Proof of Work consensus for its consensus algorithm. Doge has no project and no real use (except for tips) at the moment.
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