Dogecoin started out as a memecoin back in 2013, having been created by Jackson Palmer and Billy Markus. It is based on the popular meme featuring a Shiba Inu, and it’s a fork of now defunct cryptocurrency Lucky Coin, which itself was a fork of Litecoin.
Source: CoinGecko
Over the years it has gained popularity, having catapulted itself up the ranks, and is currently the 10th largest cryptocurrency in terms of market capitalization. Its cult following comprises retail traders, all the way to the world’s richest man, Elon Musk who has even proposed to accept DOGE as a payment method for Tesla cars.
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