Dogecoin is on a run, has escaped the yard, and is headed to the moon!
We all know about cryptocurrency at this point. Bitcoin started the trend in 2009 and has increased in value from just 21 INR ($0.3) a decade ago to 40 Lakhs INR($55,000) as I write. This incredible growth has prompted other companies to follow suit, and now there are a whole host of altcoins to invest in.
Alt-coins are any other cryptocurrencies that are not bitcoins. Take a look at any crypto stock site, you’ll see plenty of them. At the time of writing, Monero is 30k INR ($400). Ethereum is a bit over 1.69L INR($2200). And Dogecoin is just $0.04. Somehow, we’ve reached the point where memes have a real-world value.
But what is Dogecoin?
To explain Dogecoin, you need to go all the way back to 2013. You’ve probably seen the doge meme — the one with the Shiba Inu surrounded by badly spelled, lolcat-style dialog. Very wow. Much doge. Anyway, late in 2013, Dogecoin was created by a pair of software engineers, Billy Markus and Jackson Palmer.
The meme typically consists of a picture of a Shiba Inu dog accompanied by multicolored text in Comic Sans font in the foreground…
