Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
Have your ever heard of a joke that outstayed its welcome? Yeah, you too, right? Well, many would say that the likes of Dogecoin are in the same league too. It started as a joke and well, maybe it still is. However, there are many who would disagree with the same.
Some believe otherwise, however. For instance, have you ever heard a joke that evolved to become something else entirely. According to a few, Dogecoin is a perfect example of such a ‘joke.’ In fact, it’s no surprise that DOGE holders have laughed all the way to the bank over the years,
All of us remember the frenzy around the world when cryptocurrency first arrived on the internet. The blockchain-enabled token system had a rather grandiose plan to transform the dull financial system. It envisioned a decentralized and autonomous financial system, remaining trustless and regulation-free. The pioneering titans of the cryptocurrency industry dreamt of an alternate world order that would offer to us a bank-free financial system with no external intervention.
Needless to say, such a grand plan elicited suspicion, and invited smirks. Billy Markus and Jackson Palmer, a pair of software engineers, thought that the whole crypto affair was being taken far too seriously and decided to do something fun about it. In December 2013, they created a memecoin named Dogecoin to poke fun at the ultra-serious crypto maximalists.
The token featured an image of an adorable Shiba Inu dog, a rare breed of hunting dog from Japan. Dogecoin went viral on social media platforms such as Reddit, gaining instant popularity
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