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Home » Unlabelled » Dogecoin — A Joke That Turned Into a Multi-Million Dollar Business

Dogecoin — A Joke That Turned Into a Multi-Million Dollar Business

Dogecoin — A Joke That Turned Into a Multi-Million Dollar Business
When the Dogecoin project started, nobody expected a brilliant future for it. The popularity of Dogecoin surprised even its founder, Billey Markus.
On December 8, 2013 Markus presented the crypto-community a new cryptocurrency named in honor of a dog of shiba-inu breed, an Internet meme under the name Doge. Trades at the exchanges of this coin began on December 16, 2013 with a price 73 Satoshi.
However, Dogecoin prices have fallen to 32 Satoshi not for a long time and soon began rising up. On February 10, 2014 its price reached 240 Satoshi. Two months from the launch the market capitalization of the project was already nearly $80 million! Though, Dogecoin was continuously falling from this top and later the price never returned to a level higher than 200 Satoshi.
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