You might’ve spotted reports of what’s called “the parody cryptocurrency”. What on earth is it? No, it isn’t a cryptocurrency that’s set up to steal your money as some kind of cruel cosmic joke. In fact, it’s the complete opposite – and it might be worth checking into as an investment. Here’s more about DogeCoin or “the parody cryptocurrency” and why it might be worth keeping an eye on.
The Beginning of the Meme
Okay, so if you’re not too clued up on what’s going on in the world of meme’s, you might have spotted this dog’s face surrounded by text. For starters, the dog is a Shiba Inu, and according to our sources, the meme first surfaced on the world wide web in 2013.
You can find a Doge meme Generator to make your own memes here. But the story didn’t stop with the meme hitting the internet, or we wouldn’t be writing this to begin with.
The Beginning of the Currency
In 2013, more or less when the Doge meme started getting really popular, someone thought it would be a great idea to start a currency called DogeCoin. Yes, this was originally done as a joke. That someone is Australian Jackson Palmer, and since he created the cryptocurrency it spread almost as fast as the meme – and managed to spread fast and far enough to become a serious cryptocurrency almost overnight.
Recently, Dogecoin went nuts and broke the two million USD market cap. Completely, according to its creator, by accident. See reports on BBC, Investopedia and CNBC. You can find Dogecoin’s website over here or read more about Dogecoin at KnowYourMeme, the internet’s Encyclopedia of memes – if you are ever in need of one!