04 April 2014

Dogecoin: How A Meme Became the 3rd Largest Digital Coin



dogecoin

What happens when a joke turns into a currency with a market cap over $30 million? You get Dogecoin. If you browse sites like Reddit and 9GAG, you’ve most certainly run into the doge meme and its iconic Shiba Inu, but you may not know that that same Shiba Inu is now the mascot of a digital coin. Wow, such money. What Is Dogecoin? Dogecoin is a derivative of Litecoin, which is a cryptocurrency inspired by Bitcoin. Don’t let the term cryptocurrency frighten you, though; just think of it as digital currency and you’ll be fine. While the technology behind...


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