Dogecoin (DOGE) perpetual market

Dogecoin is the original memecoin, created in 2013 by Billy Markus and Jackson Palmer as a lighthearted parody of cryptocurrency, using the Shiba Inu dog of the Doge internet meme as its mascot. Forked from Litecoin, it uses proof-of-work mining and, unlike Bitcoin, has no supply cap, issuing a fixed number of new coins each year so it is mildly inflationary. Despite its joke origins it built a large, tipping-and-charity community and became one of the most recognizable crypto brands. Dogecoin surged to prominence in 2021, driven by retail enthusiasm and repeated endorsements from Elon Musk, briefly making it one of the largest cryptocurrencies by market value. It is used mainly for small payments, tips and speculation, and remains the benchmark against which later memecoins are measured.