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?
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