Dogecoin is one of the better-known virtual currencies around. It is so-called because it features the head of a dog on the coin, overlaid by the letter D. This stems from the Doge meme featuring the same Shiba Inu dog. While the currency started as a joke, it has become anything but – today reaching a capitalization in well in excess of $400 million.

It is typically used as a currency to tip other online users, but it can be used in other ways as well.

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