Dogecoin is best known for its fun and friendly approach to marketing, and for its highly active community of users. Its creator Billy Marcus hoped to reach a broader demographic than Bitcoin and relied heavily on the DOGE internet meme. By early 2015, almost 100 billion coins will have been mined, followed by 5.25 billion coins per year thereafter. Dogecoin has gained traction as an internet tipping system, allowing users to show their appreciation for free content available on social media via Dogecoin microtips.

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