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Meme coins have demonstrated that, even without inherent value, they can still impact the world of finance. The most popular meme coins are DogeCoin, Shiba Inu, and Dogelon Mars. Dogecoin was created in 2013 by Adobe developer Jackson Palmer as a joke at the growing hype over cryptocurrency. The coin is based on the Litecoin blockchain and utilizes the Proof-of-Work consensus algorithm to verify transactions. DOGE is traded on all major exchanges and accepted in many online stores as a payment method. This token is also used for tipping content creators.