Dogecoin [dowzh-coin] (Ð) is a cryptocurrency featuring a likeness of the Shiba Inu dog from the ‘Doge’ Internet meme as its logo. Introduced as a ‘joke currency’ in 2013, Dogecoin quickly developed its own online community and reached a capitalization of $60 million within months.
It’s market capitalization peaked in 2018 at $2b; today it is pegged at $600m. In July 2020 the price of Dogecoin spiked following a TikTok trend aiming to get the coin’s price to $1.
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December 21, 2020