Dogecoin is a decentralized, peer-to-peer digital currency. It enables you to easily send money online. Think of it as 'the internet currency. It is featuring a likeness of the Shiba Inu dog from the 'Doge' Internet meme as its logo. Dogecoin is casual in its approach but is gaining wide acceptance for online transactions. It is a decentralized virtual currency and uses peer-to-peer technology to carry out its operations.