The rise of Dogecoin




  • What is Dogecoin?
  • What makes Dogecoin popular?
  • How to buy a Dogecoin?

Dogecoin is a Cryptocurrency invented by developers Jackson Palmer and Billy Markus. It was literally started as a joke in 2013, designed just for fun to serve no real purpose other than generating a few laughs.

Dogecoin is named after an internet meme centred around the image of a Shiba Inu dog with bad spelling habits - thus "doge" instead of "dog".

According to the Dogecoin Co-founder Billy Markus, the correct pronunciation is " dohj coin". But most people prefer to call it "dog" or "doggy".

What makes Dogecoin popular?

Dogecoin got more popular and increase in value after the world richest man also CEO of SpaceX and Tesla Elon Musk started hyping it on his Twitter handle.

On January 28, Elon Musk tweeted a faux "Dogue" magazine cover. He has since continued to tweet about the coin. Tweeted "who let the doge out" and "No highs, no lows, only Doge".

He also conducted an online vote asking his followers that "The future currency of Earth" with the option of "Dogecoin to the moon" and "All other crypto combines".

Meanwhile, Gary Cohn former chief economic advisor of the U.S once said in 2018 that, he thinks the world will have global cryptocurrency but it won't be Bitcoin. The world is anxiously awaiting the cryptocurrency that would fit to be adopted globally. Could it be Dogecoin?

Elon Musk's hyping of Dogecoin on his Twitter handle with 46.3 million followers prompted the Dogecoin popularity to skyrocket followed by other influentials like Snoop Dogg, Soulja Boy and Mr Simmons, sharing memes and tweet with their followers.

Dogecoin price moved almost 1,500% since the start of this year following Elon Musk's tweets.

How to buy Dogecoin

You can buy Dogecoin with a credit card on cryptocurrency exchanges like Binance OKEx etc. You can earn more of it by trading it on different trading platforms.
And you can also get free Dogecoin.

Dogecoin price is correctly around 6 cent as at the time of writing this post, holder of the coin are seriously rooting for it to reach $1 as more people are showing interest in buying it and hold because Dogecoin is no more a joke as it was.



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