Dogecoin: Much Value, Such Wow

Dogecoin (DOGE), the meme version of the well-known Bitcoin, has grabbed headlines across the internet for the past few weeks as its value soared by over 2,327% in the past 3 months. What started out as a joke by its creators Billy Markus and Jackson Palmer intended to mock cryptocurrency advocates seems to have ironically become the real deal – with a total value of $8.2 billion, Dogecoin has become the ninth largest cryptocurrency in existence. Although the rise of the DOGE appears to share many similarities with GameStop, it seems unlikely for the DOGE hype to wane in a similar fashion as the Dogecoin community is trying to build something instead of exacting revenge. With backing from the meme lord Elon Musk (also lesser-known as the world’s richest man) and celebrities, Dogecoin has the potential to become the next big thing. Find out more about Dogecoin’s journey to the moon here.