Dogecoin is perhaps one of the more famous cryptocurrencies available, aside from the likes of Bitcoin and Ethereum, which arguably have bigger reputations. However, the altcoin has managed to form its global recognition for a very different reason than those known because of its value.
Dogecoin is a digital token that managed to gain traction amongst the wider community later in its life when one of the world’s influential men decided to put a simple tweet out stating “DOGE”, thus resulting in the coin exploding and skyrocketing in price and popularity.
So much so, it became a main standout cryptocurrency for many holders of digital currency, with numerous industries deciding to embrace the popularity that had been experienced. Industries that decided to accept the coin included those across various sectors, with the entertainment niche being one market that truly embraced it.
AMC Theatres were among the early adopters, as were travel firm AirBaltic and automotive Tesla. The casino industry was not far behind, either, with players able to play online pokies in Australia using Dogecoin without issue to enhance their overall gambling experiences.
Gamers have been able to enjoy several security benefits that the altcoin has provided, such as being able to enjoy a fun, decentralized, and community-driven alternative compared to when they may have used traditional Australian dollars instead. It is a simple coin that enjoyed widespread adoption, low fees, and rapid speeds, which are similar traits Bitcoin experienced while offering more favorable conditions than other cryptocurrencies that could be used.
The Story of Dogecoin’s Rise to Millions from Being a Simple Meme
With meme coins being in the news currently due to the TRUMP meme coin being talked about as a potential rival to the Dogecoin and Shiba Inu crypto giants, it does seem a perfect time to reflect on the crazy years that the Dogecoin had witnessed.
Birthed in 2013, the DOGE coin was designed by Jackson Palmer and Billy Markus as a meme due to the viral sensation of Kabosu, the female Shiba Inu of Japanese owner Atsuko Sato. The art teacher had posted photos of her loved pet online and before she knew it, one of them would blow up as the photo of the dog staring into the camera from the side with her paws crossed would be given worded treatment of colorful but grammatically incorrect statements in Comic Sans. From there, it became a phenomenon of sorts, as…
Click Here to Read the Full Original Article at NewsBTC…
