Dogecoin was developed by software developers Billy Markus and Jackson Palmer as a “joke” in light of the irrational excitement surrounding cryptocurrencies at the time. Both the first “meme coin” and the first “dog coin” claim to this honour. A number of people take it seriously as a business opportunity, despite the fact that it is obviously satire. Dogecoin was inspired by the “doge” meme, which depicts a Shiba Inu dog with a silly expression. Introduced on December 6, 2013, it rapidly gained a dedicated online following and, by May 5, 2021, had a market worth of more than $85.0 billion. Bears are plotting vengeance attacks, while Dogecoin bulls are prepared to defend crucial support points to protect their weekly gains. Over the past week, the largest meme coin has risen by more than 100%, making it the cryptocurrency market’s undisputed darling. Dogecoin’s price has continued its upward trend, increasing by …
The price of Dogecoin increase by more than 100 percent in the previous week Read More »