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Dogecoin explained: what’s this all about?

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What once started out as a harmless meme has evolved into so much more, but why does Dogecoin keep re-emerging? 🐶
What is Dogecoin?
So, Dogecoin is a meme-based digital currency that joined the crypto-currency craze back in 2013, created by the software engineers Billy Markus and Jackson Palmer. For cryptocurrency veterans, this coin is pretty notorious, but to all the newbies on the scene, you’ve probably been wondering what all the fuss is about?
Dogecoin’s evolution and rise to fame?
How was a business that was formed from an ironic homage to the 2013 crypto mania now hitting record numbers in 2021! Well, you may have noticed that Dogecoin is becoming quite the cryptocurrency of the stars. It’s very hard to believe that a company that quite literally started as a gag…is no longer a gag.
Huff...How did this even happen?! Firstly, exposure has a huge roll! In 2018, the online brokers named RobinHood put Dogecoin on their website, alongside some of the greats. For sure we can attribute celebrities' countless plugging of Dogecoin across Twitter and beyond for its constant rise in popularity. Elon Musk’s Twitter seems to have become the OG plugging spot in and of itself: Signal, Clubhouse, Dogecoin, Dogecoin and more Dogecoin. I’ve not even mentioned Gene Simmons or Snoop Dogg's recent Dogecoin shoutouts, which were pretty ingenious and then prompted Elon to, of course post a strange, Lion King/Dogecoin mashup meme.
Bottom line?
Dogecoin’s whole story is truly fascinating and who knows where this will go in the future, but crypto does seem to be trickling into the mainstream as we speak. The future of shopping will definitely be affected by this digital currency and it’s already beginning - with Tesla announcing this year that they will be accepting bitcoin as a means of payment for their vehicles in the near future, and even the most unlikely of places accepting Dogecoin as a legit currency.
0:00 intro
0:37 What is Dogecoin?
1:57 Dogecoin’s evolution and rise to fame?
5:29 What does the future of digital currency look like?
Keep up to date with the latest news:
We are affiliated but not sponsored by any service provider. This means we may receive a small commission when you click on the provided links, however, our reviews are based on independent research and rigorous fact-checking. Cybernews is owned by Mediatech, whose investors are the founders of Nord Security, whose products and services we may review.
What once started out as a harmless meme has evolved into so much more, but why does Dogecoin keep re-emerging? 🐶
What is Dogecoin?
So, Dogecoin is a meme-based digital currency that joined the crypto-currency craze back in 2013, created by the software engineers Billy Markus and Jackson Palmer. For cryptocurrency veterans, this coin is pretty notorious, but to all the newbies on the scene, you’ve probably been wondering what all the fuss is about?
Dogecoin’s evolution and rise to fame?
How was a business that was formed from an ironic homage to the 2013 crypto mania now hitting record numbers in 2021! Well, you may have noticed that Dogecoin is becoming quite the cryptocurrency of the stars. It’s very hard to believe that a company that quite literally started as a gag…is no longer a gag.
Huff...How did this even happen?! Firstly, exposure has a huge roll! In 2018, the online brokers named RobinHood put Dogecoin on their website, alongside some of the greats. For sure we can attribute celebrities' countless plugging of Dogecoin across Twitter and beyond for its constant rise in popularity. Elon Musk’s Twitter seems to have become the OG plugging spot in and of itself: Signal, Clubhouse, Dogecoin, Dogecoin and more Dogecoin. I’ve not even mentioned Gene Simmons or Snoop Dogg's recent Dogecoin shoutouts, which were pretty ingenious and then prompted Elon to, of course post a strange, Lion King/Dogecoin mashup meme.
Bottom line?
Dogecoin’s whole story is truly fascinating and who knows where this will go in the future, but crypto does seem to be trickling into the mainstream as we speak. The future of shopping will definitely be affected by this digital currency and it’s already beginning - with Tesla announcing this year that they will be accepting bitcoin as a means of payment for their vehicles in the near future, and even the most unlikely of places accepting Dogecoin as a legit currency.
0:00 intro
0:37 What is Dogecoin?
1:57 Dogecoin’s evolution and rise to fame?
5:29 What does the future of digital currency look like?
Keep up to date with the latest news:
We are affiliated but not sponsored by any service provider. This means we may receive a small commission when you click on the provided links, however, our reviews are based on independent research and rigorous fact-checking. Cybernews is owned by Mediatech, whose investors are the founders of Nord Security, whose products and services we may review.
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