Dogecoin (DOGE) is a digital currency that can be used for payments over the internet. Dogecoin was created by Billy Markus and Jackson Palmer as a crypto joke in 2013, but has since grown in popularity among investors around the world. The price of Dogecoin has increased by more than 5,000% in the past year, making it one of the best performing digital currencies in the world.
Dogecoin price surged this week after it was reported that US exchange Gemini will launch a cryptocurrency trading platform in Europe and Asia. The new service will allow users to buy, sell or hold cryptocurrencies from anywhere in the world with US dollars or Euros.
Dogecoin price fell slightly on Friday morning following the announcement that Gemini will not allow DOGE submissions until March 2, 2019 due to regulatory concerns regarding anti-money laundering regulations in several countries around the world.
In addition to DOGE, there are around 2,000 other cryptocurrencies available for trading on exchanges like Shapeshift or Changelly. Most of these coins have similar characteristics and properties to Dogecoin, but can be worth less than $5 each as they are not backed by