Dogecoin is a peer-to-peer cryptocurrency derived from Litecoin. It was released in December 2013. The market capitalization is currently around 21.5 billion US dollars (as of January 2022). The high price increase at the beginning of 2021 is mainly due to the fact that celebrities like Elon Musk got into the cryptocurrency.
Dogecoin's trademark is the Japanese Shiba Inu. This is a breed of dog that is popular in Asia. By the way, originally the Dogecoin was just a parody of the Bitcoin. Dogecoin was developed by the programmers Jackson Palmer and Billy Markus.
A characteristic feature of the Dogecoin is the fact that there is no fixed limit. Theoretically, an infinite number of Dogecoins can be mined. A big advantage of Dogecoin is the high speed of creating new blocks. While this process takes about 2.5 minutes with Litecoin, for example, it is only about one minute with Dogecoin. A digital wallet called MultiDoge has also been developed to accompany Dogecoin.
So far, there are very few online casinos in German-speaking countries that accept Dogecoin as a payment method. However, this could change in the future, so it is not unlikely that Cryptocurrencies such as Dogecoin, Litecoin and, above all, Bitcoin, of course, will become established as a Deposit or withdrawal method.