Even though the year is not even halfway through, 2021 has been an eventful time for the world of cryptocurrency news.
With all the big coins such as Bitcoin and Ethereum hitting all-time highs in 2021, this year has also seen the emergence of Dogecoin (DOGE).
What started as a joke in 2013 by software engineers Billy Markus and Jackson Palmer, Dogecoin surged more than 125% on Friday 16th April, making the annual gain so far an astonishing 4000%+.
Based on the “Doge” meme and started as a “fun” alternative to Bitcoin, DOGE now has a market cap of almost $40 billion and has entered the top ten crypto currencies according to worth.
Despite rising more than 400% in a week DOGE currently priced just under $0.40, is drawing in new traders all the time.
Backed by a strong social media campaign ( There are 1.3 million members of the Dogecoin Reddit group) and supported by none other than Tesla CEO Elon Musk, who once changed his Twitter bio to “Former CEO of Dogecoin,” Dogecoin is proving the crypto star of 2021.
It is fair to say that Dogecoin, whose mascot, the Shiba Inu, replicates the popular “doge” internet meme has come a long way from its jokey meta-prank origins.
Dogecoin Appeals to the Masses
Dogecoin (DOGE) has very quickly become a gateway crypto. Affordable and fun, Dogecoin appeals to people from all walks of life, and slowly but surely the meme crypto is increasing in its adoption, gaining legitimacy and credibility with each week that passes.
Now, with more and more exchanges offering DOGE, it is easy to search through the best places to buy Dogecoin and get on the crypto rollercoaster.
Where to buy Dogecoin is made all the easier by the number of exchanges now offering Dogecoin (DOGE). Built on the same basic technology as other cryptocurrencies like Bitcoin, DOGE introduces a few improvements to Bitcoin’s technology to allow users cheaper and faster trading.
Dogecoin is certainly the one to watch at the moment.
