Dogecoin is a cryptocurrency created in 2013 by software engineers Billy Markus and Jackson Palmer as a joke. They decided to name the coin after a popular meme of “doge” (featuring a Shiba Inu dog).
For many years the value of the coin remained relatively flat, and there was no significant growth. However, in 2021, Dogecoin gained a considerable following and its market cap shot up to $36 billion.
To buy Dogecoin, you’ll need to open an account on a cryptocurrency exchange. This exchange is an online place where buyers and sellers meet to buy-and-sell cryptocurrencies.
Most exchanges will let you deposit money directly from a chequing or savings account. Some will accept wire transfers or PayPal transfers.
You can search for Dogecoin via its name or by typing in its ticker: DOGE. Then, specify how many Dogecoins you want to buy, and your anonymous purchase of Dogecoin should go through.