Dogecoin — A Joke That Turned Into a Multi-Million Dollar Business
When the Dogecoin project started, nobody expected a brilliant future for it. The popularity of Dogecoin surprised even its founder, Billey Markus. On December 8, 2013 Markus presented the crypto-community a new cryptocurrency named in honor of a dog of shiba-inu breed, an Internet meme under the name Doge. Trades at the exchanges of this coin began on December 16, 2013 with a price 73 Satoshi. However, Dogecoin prices have fallen to 32 Satoshi not for a long time and soon began rising up. On February 10, 2014 its price reached 240 Satoshi. Two months from the launch the market....
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The infamous meme-based cryptocurrency dogecoin is on the move again just before the upcoming Saturday Night Live episode featuring Elon Musk. While dogecoin is up 81% today a lot of cryptocurrency veterans have been warning newbies about the digital currency that was meant to be a joke. Meanwhile, others believe that dogecoin has a lot of potential, and could be a long-standing competitor in the world of crypto assets. Dogecoin Markets See a Pre-SNL Rise The cryptocurrency that literally began as a joke, dogecoin (DOGE) is nearing a $100 billion market capitalization on Saturday. DOGE is....
Many people don't care about Dogecoin. What a joke, right? It was started as a joke, after all. The way the people communicate is such a joke - sorry, such joke, very silly. These things might be true, but here's something else that's true: Dogecoin has consistently been in the top ten market capitalizations for cryptocurrencies, and since its initial highs in March last year, it's been relatively stable in terms of both market capitalization and value. Coinmarketcap.com. The value we're referring to could be very low, but with high inflation comes easier access to the coins. Many of its....
Dogecoin Founder Jackson Palmer has turned down a substantial investment offer from a group of Australian venture capitalists. Palmer was apparently offered $500,000, but he told Techly he turned down the offer. When asked why, he simply said: "because f*** that". Although dogecoin started off as an elaborate joke, the actual model is a lot more interesting than the hair-down meme image of this altcoin. There is no artificial cap on how many coins can be mined, as the cap is increased by five million units each year. "It's a deflationary/inflationary model I like to jokingly call....
If, in the year 2012, I told you that there would be a cryptocurrency based off a 4Chan joke (a popular internet message board), you might have laughed me out of the room, and with good cause. While it may seem preposterous that a meme would turn into an online currency and gain real traction, it has already happened. DOGEcoin, the preferred coin of Shiba Inu's around the world started off as a joke/meme with the caption " So Crypto, Much Coin". It quickly became one of the most popular threads on 4 Chan. After making it's rounds on Reddit and other "front pages" it quickly transformed....
Meet “the bitcoin kid.” He’s not a Wall Street broker turned rogue or a manager at Coinbase, but a 15-year-old sophomore student who currently attends Brentwood School in Los Angeles. His name is Whit Jackson, and the bottom line is, he’s passionate about bitcoin. Jackson explains: “All my teachers know me as ‘the bitcoin kid.’ I told a few of my friends and it spread just because I’m really passionate. I’ll wear bitcoin t-shirts. They tease me for it.” At an age where most students would be interested in video games, skateboarding or finding a girlfriend, Jackson spends most of his time....