Crypto

What is Dogecoin?

Dogecoin is a peer-to-peer cryptocurrency based on a popular Internet meme. The token started off as a joke, but it's become a serious proposition.

what is dogecoin

In brief

  • Dogecoin (DOGE) was created by Jackson Palmer in 2013, as a joke playing on the “doge” Shiba Inu meme.
  • Boosted by influencers including Tesla CEO Elon Musk, the cryptocurrency hit a market cap of $88 billion at its peak in May 2021.

What happens when a joke gets taken seriously? In 2013, Dogecoin (DOGE) was created as a way to poke fun at the crypto industry; now it’s one of the world’s biggest cryptocurrencies. How did it get to this point?

Read more here: https://decrypt.co/resources/dogecoin-crypto-cryptocurrency-guide-how-to-buy-doge

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