![]() Dogecoin is commonly known as the “ friendly” coin, and for good reason. What started as a little joke has now become a huge crypto community. One answer is - it’s a coin with a dog on it! But that’s not the whole story. ![]() The internet got very excited by this bold, new coin and started to ask, “ well, what is Dogecoin?”. Its mascot is a popular meme of a Shiba Inu dog and the way it’s spelled and pronounced is borrowed from an internet puppet show. So what is this fun coin? What is Dogecoin?ĭogecoin was launched on December 6 th, 2013. So, they decided to create their own coin. They thought that crypto should be about fun, and not just about money. Billy Markus and Jackson Palmer thought that cryptocurrency was being taken too seriously. The world was starting to take cryptocurrency seriously. What is Dogecoin? The Story of the 'Wow' Coinīy December 2013, one Bitcoin was worth $1,083.14. What is Dogecoin? The Story of the 'Wow' Coin Looking for the most secure place to buy BTC? I have collected the best-rated crypto exchanges that were approved as the safest platforms for buying BTC below, so take a look. The story of Dogecoin begins in 2013, so let’s start there. Not only that, but after reading this guide, you'll also be able to get yourself some Dogecoin, and also know where to store it, too!ĭOGE cryptocurrency is booming at the moment, just take a look at how the price jumped within only a few days! So, when someone asks you, “ what is Dogecoin?”, you’ll have the answer. In this guide, I’m going to tell you about how Dogecoin got started, how it’s used and why it’s popular. One altcoin with a growing community is Dogecoin. Some of these cryptocurrencies may even be better than Bitcoin.īut cryptocurrencies aren’t just digital assets, they can be communities, too. It can be easy to forget that there are hundreds of other cryptocurrencies. ![]() It might even be Taylor Swift as well! Yet, we're here to find out what is Dogecoin, so let's get started. If Bitcoin was a pop star, it would be Elvis, the Beatles and Michael Jackson all in one. dollars to remove 30 million pounds of trash from the world’s oceans.If people only know one thing about cryptocurrency, then that one thing would be about Bitcoin. Most recently, the Dogecoin Foundation partnered with popular YouTubers Mr Beast and Mark Rober for their TeamSeas initiative: with the ambitious aim to raise a combined 30 million U.S. This fun and friendly crypto community has also been behind many great causes and charitable endeavours.įor example, in 2014 the Dogecoin community raised 26.5 million Dogecoin (worth around USD $30,000.00 at the time) to send the Jamaican bobsled team to the Sochi Winter Olympics! In March of that year, the Dogecoin community also raised over 40 million Dogecoin (worth around USD $30,000.00 at the time) to help with the effort of building clean-water wells in Kenya. The team, comprised of a small group of core maintainers and supported by more than 40 contributors over the years, has been maintaining and developing Dogecoin since then.Īlthough owing its genesis to a joke, Dogecoin quickly developed into a massive and passionate cryptocurrency community. In 2014, both Billy and Jackson left the development efforts, while a Dogecoin Core Development team was formed. Moreover, within the first month there were over one-million unique visitors to this website! When Dogecoin was just 2-weeks old, it reached more transactions per day than Bitcoin. Much to Billy and Jackson’s surprise, Dogecoin was a near-instant success, and gained tremendous popularity on sites such as Reddit, where it was -and still is - used as a tipping currency. ![]() This famous meme was based on a 2010 photograph of a Japanese female Shiba Inu dog called Kabosu, who was adopted by Japanese kindergarten teacher Atsuko Satō from an animal shelter in 2008. On December 6th, 2013, Dogecoin was launched taking influence from the famous Doge meme: an image of a very adorable Shiba Inu dog with multi-coloured comic sans text that appears as the dog’s “thought bubbles”. Jackson created the website and would have been, for a while, the public face of Dogecoin, while Billy worked as a solo developer on the first 4 releases. Both Billy and Jackson thought that cryptocurrency was being taken far too seriously and wasn’t much fun. Dogecoin was originally created as a joke in late 2013 by Billy Markus and Jackson Palmer. ![]()
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