📚 Dogecoin - Wikipedia
Educational content from Wikipedia - The Free Encyclopedia
Dogecoin (/ˈdoʊ(d)ʒkɔɪn/ DOH J-koyn or DOHZ H-koyn, Abbreviation: DOG E; sign:
Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson
Palmer, who decided to create a payment system as a joke, making fun of the wild
speculation in cryptocurrencies at the time.
It is considered both the first "meme coin", and more specifically the first
"dog coin".
Despite its satirical nature, some consider it a legitimate investment prospect.
Dogecoin features the face of Kabosu from the "doge" meme as its logo and
namesake.
It was introduced on December 6, 2013, and quickly developed its own online
community, reaching a peak market capitalization of over U S$85 billion[a] on
May 5, 2021.
As of 2021, it is the sleeve sponsor[b] of Watford Football Club.
| Denominations | | |---|---| | Symbol | Ð | | Code | DOG E | | Development | |
| Original author(s) | Billy Markus, Jackson Palmer | | Initial release |
December 6, 2013 | | Development status | Active | | Operating system | | |
Developer(s) | Billy Markus ("Shibetoshi Nakamoto"), Michi Lumin, Ross Nicoll |
| Source model | FOS S | | License | MI T License | | Ledger | | | Timestamping
scheme | Proof-of-work | | Hash function | Scrypt-based | | Block reward |
Ð10,000 | | Block time | 1 minute | | Block explorer | https://dogechain.info/ |
| Supply limit | Unlimited (exactly Ð5 billion will enter circulation each year)
| | Valuation | | | Exchange rate | Floating (very volatile) | | Website | | |
Website | dogecoin | Dogecoin.com promotes the currency as the "fun and friendly
Internet currency", referring to its origins as a "joke".
Software engineers Markus and Palmer launched the satirical cryptocurrency as a
way to make fun of Bitcoin and the many other cryptocurrencies boasting grand
plans to take over the world.
Dogecoin quickly gained traction, particularly on social platforms like Reddit.
Within two weeks of launch, it had established a dedicated blog and forum and
its market value reached $8 million, once jumping to become the seventh largest
electronic currency in the world.
History Originally formed as a joke, Dogecoin was created by IB M software
engineer Billy Markus and Adobe software engineer Jackson Palmer.
They wanted to create a peer-to-peer digital currency that could reach a broader
demographic than Bitcoin.
In addition, they wanted to distance it from the controversial history of other
coins.
Dogecoin was officially launched on December 6, 2013, and within the first 30
days, there were over 1 million visitors to Dogecoin.com.
Palmer is credited with making the idea a reality.
At the time, he was a member of the Adobe marketing department in Sydney,
Australia, while Markus was a senior software engineer at IB M in Portland,
Oregon.
Palmer had purchased the domain Dogecoin.com and added a splash screen, which
featured the coin's logo and scattered Comic Sans text.
Markus reached out to Palmer after seeing the site, and started efforts to
develop the currency.
Markus designed Dogecoin's protocol based on existing cryptocurrencies Luckycoin
and Litecoin, which use scrypt technology in their proof-of-work algorithm.
The use of scrypt means that miners cannot use SH A-256 bitcoin mining
equipment, and instead must use dedicated field-programmable gate array and
application-specific integrated circuit devices for mining which are known to be
more complex to produce.
On December 19, 2013, Dogecoin jumped nearly 300% in value in 72 hours, rising
from $0.00026 to $0.00095, with a volume of billions of Dogecoins traded per
day.
This growth occurred during a time when Bitcoin and many other cryptocurrencies
were reeling from China's decision to forbid Chinese banks from investing in the
Bitcoin economy.
Three days later, Dogecoin experienced its first major crash when its price
dropped by 80% due to this event and to large mining pools exploiting the small
amount of computing power required at the time to mine Dogecoin.
On December 25, 2013, the first major theft of Dogecoin occurred when millions
of coins were stolen during a hack on the online cryptocurrency wallet platform
Dogewallet.
The hacker gained access to the platform's filesystem and modified its
send/receive page to send any and all coins to a static internet protocol
address.
This hacking incident spiked tweets about Dogecoin, making it the most mentioned
altcoin on Twitter at the time, although it was in reference to a negative
event.
To help those who lost funds on Dogewallet after its breach, the Dogecoin
community started an initiative named "Save Dogemas" to help donate coins to
those who had them stolen.
Approximately one month later, enough money was donated to cover all of the
coins that were stolen.
In January 2014, the trading volume of Dogecoin briefly surpassed that of all
other cryptocurrencies combined.
However, its market capitalization remained substantially behind that of
Bitcoin.
Initially, Dogecoin featured a randomized reward that is received for each
mining block.
However, in March 2014, this behaviour was updated to a static block reward.
Co-founder Jackson Palmer left the cryptocurrency community in 2015 and has no
plans to return, having come to the belief that cryptocurrency, originally
conceived as a libertarian alternative to money, is fundamentally exploitative
and built to enrich its top proponents.
His co-founder, Billy Markus, agreed that Palmer's position was generally valid.
During the 2017 to early 2018 cryptocurrency bubble, Dogecoin briefly reached a
peak of $0.017 on January 7, 2018, putting its total market capitalization near
$2 billion.
In July 2020, the price of Dogecoin spiked following a Tik Tok trend aimed at
getting Dogecoin to $1.
On May 9, 2021, Space X announced a rideshare mission to the Moon completely
funded by Dogecoin, thus becoming the first space mission funded by a
cryptocurrency.
Elon Musk confirmed this news via Twitter.
DOG E-1, a Cube Sat, was planned to be a minor 40 kg rideshare payload on
Intuitive Machines' I M-1 mission in Q1 2022, but ultimately was delayed to a
potential later mission.
On August 14, 2021, the Dogecoin Foundation announced the "re-establishment of
the Dogecoin Foundation (est 2014), with a renewed focus on supporting the
Dogecoin Ecosystem, Community and promoting the future of the Dogecoin
Blockchain." The Foundation was reinvigorated by the addition to its Board of
notable advisors such as Vitalik Buterin (Ethereum co-founder and inventor) and
Jared Birchall (representing Elon Musk).
2021 boom In January 2021, Dogecoin went up over 800% in 24 hours, reaching
$0.07, as a result of attention from Reddit users, partially encouraged by Elon
Musk and the Game Stop short squeeze.
In February 2021, Dogecoin hit a new high price of $0.08 following Twitter
encouragement from Musk, Snoop Dogg and Gene Simmons.
In March 2021, Dallas Mavericks owner Mark Cuban announced his NB A team would
allow purchasing tickets and products with Dogecoin; within two days, Cuban had
declared his franchise had become the top Dogecoin merchant, having carried out
20,000 transactions.
In April 2021, Dogecoin and other cryptocurrencies surged, stimulated in part by
the direct listing for cryptocurrency exchange Coinbase on April 14, although
that platform did not provide trading of Dogecoin.
Dogecoin first reached $0.10 on April 14, before hitting a new high of $0.45 on
April 16 (up 400% that week), with a volume of nearly $70 billion traded in the
preceding 24 hours.
At the time[update], Dogecoin's market capitalization approached $50 billion,
making it the fifth-highest-valued cryptocurrency; its value had increased more
than 7,000% per year to-date.
Interest in Dogecoin contributed to an outage in electronic trading platform
Robinhood's cryptocurrency system on April 15, caused by "unprecedented demand",
and prompted concerns from experts of a nearing speculative bubble in the
cryptocurrency market.
On May 4, 2021, the value of Dogecoin first surpassed the symbolic hurdle of
$0.50.
In April 2023, a Dogecoin increase was attributed to Elon Musk temporarily
changing the logo on the Twitter app to a Doge logo.
In June 2023, Musk was accused of insider trading by investors based on a series
of stunts including the change of logo.
On August 29, 2024, Elon Musk and his electric vehicle company Tesla won the
dismissal of a federal lawsuit accusing them of defrauding investors by hyping
the cryptocurrency dogecoin and conducting insider trading, causing billions of
dollars of losses.
Use and exchanges Dogecoin is an altcoin[c] with a large userbase, and is traded
against both fiat currencies and other cryptocurrencies on several reputable
cryptocurrency exchanges and retail investment platforms.
Trading physical, tangible items in exchange for Dogecoin takes place on online
communities such as Reddit and Twitter, where users in such circles frequently
share cryptocurrency-related information.
Cases of people using their employers'[which?] or universities' computers to
mine Dogecoin have been discovered including a Harvard community member and a
student at London's Imperial College.
Dogecoin has been used in an attempted property sale, and it has been used in
the pornography and gambling[d] industries.
Online tipping One major mainstream commercial application of the cryptocurrency
has been Internet-based tipping systems, in which social media users tip other
users for providing interesting or noteworthy content.
Dogetipbot Dogetipbot was a cryptocurrency transaction service used on popular
sites like Reddit and Twitch.
It allowed users to send Dogecoins to other users through commands via Reddit
comments.
In May 2017, Dogetipbot was discontinued and taken offline after its creator
declared bankruptcy; this left many Dogetipbot users losing their coins stored
in the Dogetipbot system.
Smart contracts Dogecoin's blockchain cannot interact with smart contracts
directly.
Dogecoin can be tied to the Ethereum blockchain in order to access some
decentralized finance (De Fi) instruments.
Currency supply Dogecoin started with an intended supply limit of Ð100 billion,
which would have been far more coins than the top digital currencies were then
allowing.
By mid-2015, the 100 billionth Dogecoin had been mined, with an additional Ð5
billion put into circulation every year thereafter.
In February 2014, Palmer announced that the limit would not be added in the
codebase in an effort to create a consistent inflation rate over time.
Mining parameters Dogecoin's implementation differs from its predecessors: It
was originally forked from Litecoin, then refactored to Bitcoin.
Dogecoin's target block time is 1 minute, as opposed to Litecoin's 2.5 minutes
and Bitcoin's 10 minutes.
Fundraising 2014 Winter Olympics The Dogecoin community and foundation have
encouraged fundraising for charities and other notable causes.
On January 19, 2014, a fundraiser was established by the Dogecoin community to
raise $50,000 for the Jamaican Bobsled Team, which had qualified for, but could
not afford to go to, the Sochi Winter Olympics.
By the second day, $36,000 worth of Dogecoin was donated and the Dogecoin to
Bitcoin exchange rate rose by 50%.
The Dogecoin community also raised funds for a second Sochi athlete, Shiva
Keshavan.
Doge4 Water In 2014, The Dogecoin Foundation, led by Eric Nakagawa, began
collecting donations to build a well in the Tana river basin in Kenya for World
Water Day (March 22).
The campaign, in cooperation with Charity: Water, collected donations from more
than 4,000 donors, including one anonymous benefactor who donated 14,000,000
dogecoin (worth approximately $11,000 at the time), raising over U S$30,000.
NASCA R On March 25, 2014, the Dogecoin community successfully raised Ð67.8
million (around U S$55,000 at the time) in an effort to sponsor NASCA R Sprint
Cup Series driver Josh Wise.
Nicknamed the "Moonrocket", the No.
98 car featured a Dogecoin/Reddit-sponsored paint scheme and was driven by Wise
at the Aaron's 499 at Talladega Superspeedway.
Wise and the car were featured for nearly a minute, during which the race
commentators discussed Dogecoin and the crowdfunding effort, while finishing
twentieth and narrowly avoiding multiple wrecks.
On May 16, 2014, Wise won a spot at the Sprint All-Star Race through an online
fan vote beating Danica Patrick, largely due to the efforts of the Dogecoin
Reddit community.
He finished the race in fifteenth, the last car running.
Eutechnyx, the developer of the NASCA R '14 video game, added the Dogecoin car
as a drivable car in a DL C pack.
In 2021, Dogecoin co-sponsored the No. 99 NASCA R Xfinity Series car of B.
Mc Leod Motorsports in the Alsco Uniforms 300 at Las Vegas.
The car was driven by Stefan Parsons, whose father Phil Parsons ran Phil Parsons
Racing that fielded Wise's No.
98, with additional backing from Springrates.
Criticism Dogecoin's origin as a "joke", which makes it the first meme coin, has
made it difficult to be taken seriously by mainstream media and financial
experts.
The cryptocurrency has had a long and problematic history of scams.
Similar to many other cryptocurrencies, Dogecoin has been described by some
commentators as a form of Ponzi scheme.
Critics allege that Dogecoin investors who purchased Dogecoins early on, have a
large financial incentive to draw others into purchasing more Dogecoins in order
to drive the price up, therefore benefitting the early investors financially at
the direct expense of later purchasers.
This is primarily because Dogecoin does not have a supply cap like other
cryptocurrencies such as Bitcoin, which has a capped supply of 21 million coins.
Elon Musk and Dogecoin Elon Musk frequently uses his X platform to express his
views on Dogecoin, which has led some to claim that his actions amount to market
manipulation because the price of Dogecoin frequently experiences price
movements shortly after his tweets.
Nevertheless, because cryptocurrencies are not regulated like stocks, these
actions are not illegal.
Musk and his promotion of Dogecoin have been criticized by Dogecoin co-founder
Jackson Palmer, who called Musk a "self-absorbed grifter".
Musk's first Dogecoin-related tweet occurred on December 20, 2020.
Musk tweeted "One Word: Doge". Shortly after, the value of Dogecoin rose by 20%.
This was followed by a series of Dogecoin-related tweets by Musk in early
February 2021 captioned "Dogecoin is the people's crypto" and "no highs, no
lows, only Doge".
Following these tweets, the value of Dogecoin rose by roughly 40%.
On April 15, 2021, the price of Dogecoin rose by more than 100% after Musk
tweeted an image of Joan Miró's Dog Barking at the Moon painting captioned "Doge
Barking at the Moon", a message which was taken by some as a reference to the
industry slang term "to the moon", meaning a hoped-for increase in a
cryptocurrency's value.
On May 8, 2021, Dogecoin fell as much as 29.5%, dropping to U S$0.49 during
Musk's Saturday Night Live appearance.
It then rose by 11% on May 20, 2021, shortly after Musk tweeted a Doge-related
meme.
In the same month, the price of Dogecoin was up 10% in the hours after Musk
tweeted a Reddit link for users to submit proposals to improve the
cryptocurrency.
On December 14, 2021, Dogecoin spiked more than 20% after Musk said that Tesla
will accept the currency as a means of payment for Tesla merchandise.
On June 16, 2022, Elon Musk was named in a complaint seeking damages of $258
billion.
The complaint was filed in federal court in Manhattan by plaintiff Keith
Johnson.
Johnson cited Musk's repeated use of his massive social influence to promote the
altcoin, which he claims artificially inflated the price.
Prior to Musk's acquisition of Twitter, he had suggested that Dogecoin could be
used for Twitter transactions, such as the purchase of Twitter Blue accounts.
On October 27, 2022, Elon Musk completed a deal to take Twitter private.
This led to a sustained rise in the price of Dogecoin from October 25 to October
29, with Dogecoin increasing as much as 46%.
When X announced the launch of its X Money Account digital wallet product in
February 2025, cryptocurrencies were not supported.
Between April 3 and April 7, 2023, Twitter's bird logo was replaced with an
image of the Doge meme for desktop users, leading to a rise in Dogecoin prices.
No reason was given for the icon change, with some speculating that it was a
late April Fool's joke, or an attempt to troll investors over the Dogecoin
lawsuit that Musk was seeking to end that week.
On November 14, 2024, president-elect Donald Trump announced that Elon Musk and
Vivek Ramaswamy would lead a new Department of Government Efficiency or DOG E
for short, an acronym that shares the name of Dogecoin.
The price of Dogecoin spiked soon after.
See also References - ^ "COPYIN G". November 27, 2021.
Archived from the original on April 10, 2022. Retrieved March 31, 2021.
- ^ "How do you pronounce 'Dogecoin'?". The Daily Dot.
April 24, 2014. Archived from the original on December 22, 2018.
Retrieved December 21, 2018. - ^ "Dogecoin Started as a Joke.
Now It's Too Important to Laugh Off".
Archived from the original on May 13, 2021.
Retrieved May 12, 2021. - ^ Roose, Kevin (September 15, 2017).
"Is There a Cryptocurrency Bubble? Just Ask Doge". The New York Times.
ISS N 0362-4331.
Archived from the original on October 3, 2017. Retrieved October 3, 2017.
- ^ a b c A History of Dogecoin. Archived June 3, 2018, at the Wayback Machine.
Dogecoin Analysis Report. Social Science Research Network (SSR N).
Accessed December 28, 2017. - ^ Couts, Andrew (December 12, 2013).
Dogecoin is the most Internet thing to happen, ever". Digital Trends.
Archived from the original on December 14, 2013. Retrieved December 12, 2013.
- ^ Hutcheon, Stephen (January 24, 2014).
"The rise and rise of dogecoin, the internet's hottest cryptocurrency".
Sydney Morning Herald. Archived from the original on March 31, 2014.
Retrieved April 5, 2014. - ^ "Watford F C to feature Doge on football shirts".
August 16, 2021.
Archived from the original on August 28, 2021. Retrieved August 18, 2021.
- ^ "What is Dogecoin and what does it have to do with Elon Musk and Saturday
Night Live?".
Australian Broadcasting Corporation. May 9, 2021.
Archived from the original on April 5, 2023.
Retrieved May 10, 2021. - ^ Sigalos, Mac Kenzie (May 7, 2021).
"How dogecoin went from a joke to one of the world's top cryptocurrencies".
Archived from the original on November 8, 2021. Retrieved November 28, 2021.
- ^ "Dogecoin's Creator Is Baffled by Meteoric Rise to $9 Billion".
Bloomberg.com. February 11, 2021.
Archived from the original on February 12, 2021. Retrieved February 12, 2021.
- ^ Mc Guire, Patrick (December 23, 2013).
"Such Weird: The Founders of Dogecoin See the Meme Currency's Tipping Point".
Motherboard. Vice Media. Archived from the original on September 22, 2017.
Retrieved December 23, 2013. - ^ Noyes, Jenny (January 22, 2014).
"An Interview With The Creator Of Dogecoin: The Internet's Favourite New
Currency".
Junkee Media. Archived from the original on January 24, 2014.
Retrieved January 12, 2021.
Jackson Palmer accidentally invented Dogecoin in early December ...
within the first 30 days there were over a million visitors to Dogecoin.com.
- ^ Wile, Rob (December 19, 2013).
"What is Dogecoin?". Business Insider.
Archived from the original on December 20, 2013. Retrieved December 19, 2013.
- ^ a b Gilbert, David (December 20, 2013). "What is Dogecoin?
The Meme that Became the Hot New Virtual Currency".
International Business Times. Archived from the original on September 6, 2015.
Retrieved December 20, 2013. - ^ Vega, Danny (December 10, 2013).
"Dogecoin: 5 Fast Facts You Need to Know".
Seattle Post-Intelligencer. Archived from the original on February 21, 2014.
Retrieved February 16, 2014. - ^ Klee, Miles (December 10, 2013).
"With its own cryptocurrency, Doge has officially conquered 2013".
The Daily Dot.
Archived from the original on January 23, 2014. Retrieved December 10, 2013.
- ^ "Why Bitcoin mining has a finite cap, and Dogecoin mining doesn't".
The Daily Dot. February 5, 2014.
Archived from the original on September 21, 2019.
Retrieved September 21, 2019. - ^ Couts, Andrew (December 19, 2013).
"To the moon! Doge Coin fetches 300 percent jump in value in 24 hours".
Digital Trends. Archived from the original on December 19, 2013.
Retrieved December 19, 2013. - ^ Wile, Rob (December 22, 2013).
"Dogecoin Prices Crashed This Weekend". Business Insider.
Archived from the original on December 23, 2013. Retrieved December 22, 2013.
- ^ Feinberg, Ashley (December 26, 2013).
"Millions of Meme-Based Dogecoins Stolen on Christmas Day".
Archived from the original on December 26, 2013. Retrieved December 26, 2013.
- ^ Shu, Catherine (December 25, 2013). "Such Hack. Many Dogecoin.
Very Disappear. Tech Crunch. Archived from the original on December 27, 2013.
Retrieved December 25, 2013. - ^ Rodriguez, Salvador (December 26, 2013).
"Millions of Dogecoins, currency based on a meme, are reported stolen".
Los Angeles Times. Archived from the original on December 27, 2013.
Retrieved December 26, 2013.
- ^ "Such generosity! After Dogewallet heist, Dogecoin community aims to
reimburse victims".
December 27, 2013.
Archived from the original on February 27, 2014. Retrieved March 2, 2014.
- ^ "Dogecoin: The meme that got serious :: In Blog". inblog.in.
Archived from the original on November 15, 2021. Retrieved November 15, 2021. - ^ Murphy, Mike (July 14, 2021).
"Dogecoin co-creator blasts crypto as a scam to help the rich get richer".
Market Watch. Archived from the original on July 20, 2021.
Retrieved July 20, 2021. - ^ Locke, Taylor (July 14, 2021).
"The co-creator of dogecoin explains why he doesn't plan to return to crypto:
It's 'controlled by a powerful cartel of wealthy figures'".
Archived from the original on July 19, 2021. Retrieved July 20, 2021.
- ^ Winck, Ben (July 8, 2020).
"Dogecoin volumes spike 683% after viral Tik Tok challenge urges buying spree".
Business Insider. Archived from the original on July 9, 2020.
Retrieved July 9, 2020.
- ^ "Dogecoin used to pay for Space X's mission to the moon next year".
Al Jazeera. May 10, 2021. Archived from the original on December 13, 2021.
Retrieved May 10, 2021. - ^ Geometric Energy press release.
"Space X to Launch DOG E-1 to the Moon!". www.newswire.ca.
Archived from the original on May 17, 2021. Retrieved May 10, 2021.
- ^ "Space X accepts dogecoin as payment to launch lunar mission next year".
May 9, 2021. Archived from the original on May 9, 2021.
Retrieved May 10, 2021. - ^ "I M-1 Nova-C & DOG E-1". Next Spaceflight.
Archived from the original on January 19, 2023. Retrieved May 9, 2021.
- ^ Sheetz, Michael (May 9, 2021).
"Space X accepts Dogecoin as payment to launch 'DOG E-1 mission to the Moon'
next year".
Archived from the original on December 5, 2021. Retrieved May 9, 2021.
- ^ "We knew @Elon Musk was taking #Dogecoin to the Moon, but had no idea it
would be on our flight".
May 10, 2021. Archived from the original on May 10, 2021.
Retrieved May 10, 2021. - ^ Dogecoin Foundation (August 16, 2021).
"Announcement: Re-establishing the Dogecoin Foundation". Dogecoin Foundation.
Archived from the original on August 17, 2021. Retrieved September 30, 2021.
- ^ Kiderlin, Sophie (August 18, 2021).
"Ethereum co-creator Vitalik Buterin will help shape the future of dogecoin
after joining the token's foundation".
Business Insider. Archived from the original on August 18, 2021.
Retrieved September 30, 2021. - ^ Quiroz-Gutierrez, Marco (August 18, 2021).
"Ethereum founder Vitalik Buterin and Elon Musk advisor Billy Markus join
Dogecoin board".
Archived from the original on August 18, 2021.
Retrieved September 30, 2021. - ^ Sriram, Samyuktha (August 18, 2021).
"Dogecoin Foundation Returns After 6-Year Hiatus; Ethereum's Vitalik Buterin,
Musk Rep Jared Birchall Join Board".
Archived from the original on August 18, 2021. Retrieved September 30, 2021.
- ^ Kharpal, Arjun.
"Reddit frenzy pumps up Dogecoin, a cryptocurrency started as a joke, by over
800%".
Archived from the original on February 5, 2021. Retrieved January 29, 2021.
- ^ Yang, Yueqi (February 7, 2021).
"Dogecoin Soars to New Record as Musk Fires off New Tweet".
Bloomberg. Archived from the original on February 23, 2021.
Retrieved February 21, 2021. - ^ Baer, Jack (March 6, 2021).
"Mark Cuban boasts Mavericks are largest Dogecoin merchant in the world".
Archived from the original on May 20, 2021.
Retrieved April 17, 2021. - ^ Ostroff, Caitlin (April 14, 2021).
"Bitcoin and Dogecoin Prices Soar to Records Ahead of Coinbase Listing".
The Wall Street Journal. Archived from the original on May 6, 2021.
Retrieved April 14, 2021. - ^ Madhok, Diksha (April 14, 2021).
"Dogecoin price surpasses 10 cents to reach an all-time high". New Delhi.
Archived from the original on May 10, 2021. Retrieved April 14, 2021.
- ^ a b Browne, Ryan (April 16, 2021).
"Dogecoin spikes 400% in a week, stoking fears of a cryptocurrency bubble".
Archived from the original on May 5, 2021. Retrieved April 17, 2021.
- ^ a b De Cambre, Mark (April 17, 2021).
"This dogecoin chart offers the clearest explanation for the buzz surrounding
the 'joke' crypto".
Market Watch. Archived from the original on May 5, 2021.
Retrieved April 17, 2021. - ^ Goldman, David (April 17, 2021).
"What is Dogecoin? How a joke became hotter than bitcoin".
Archived from the original on May 5, 2021. Retrieved April 17, 2021.
- ^ Pound, Jesse (May 4, 2021).
"Dogecoin surges 30% to a record above 50 cents as speculative crypto trading
continues".
Archived from the original on June 15, 2022. Retrieved May 15, 2021.
- ^ Kolodny, Rohan Goswami, Lora (April 3, 2023).
"Dogecoin jumps more than 30% after Musk changes Twitter logo to image of shiba
inu".
Archived from the original on July 17, 2023. Retrieved July 17, 2023.
{{cite web}} : C S1 maint: multiple names: authors list (link) - ^ "Elon Musk
accused of insider trading in Dogecoin lawsuit".
The Guardian. June 2, 2023.
- ^ "Musk Dodges Legal Bullet: Manhattan Judge Dismisses $258 Billion Lawsuit
Over Dogecoin Claims - Tech Gyve".
August 30, 2024. Retrieved August 31, 2024.
- ^ Ingraham, Nathan (December 16, 2013).
"Bitcoin is so 2013: Dogecoin is the new cryptocurrency on the block".
The Verge. Archived from the original on December 17, 2013.
Retrieved December 16, 2013. - ^ J. Duaine Hahn (December 16, 2013).
"Move Over Bitcoin: Dogecoin is Here". Complex Tech.
Archived from the original on December 19, 2013.
Retrieved December 16, 2013. - ^ Hutchinson, Lee (February 21, 2014).
"Harvard supercomputing cluster hijacked to produce dumb cryptocurrency".
Ars Technica. Condé Nast. Archived from the original on June 21, 2014.
Retrieved June 13, 2014. - ^ Hern, Alex (March 4, 2014).
"Student uses university computers to mine Dogecoin". The Guardian.
Archived from the original on July 13, 2014. Retrieved June 13, 2014.
- ^ Imam, Jareen.
"Man selling home for $135,000 in Dogecoins".
Archived from the original on March 18, 2014. Retrieved March 17, 2014.
- ^ "Fox on Reddit: Porn star looks to accept virtual currency Dogecoin".
Fox News.com. February 27, 2014.
Archived from the original on March 10, 2014. Retrieved March 17, 2014.
- ^ "The rise and rise of the Dogecoin and internet tipping culture".
Australian Broadcasting Corporation. January 24, 2014.
Archived from the original on April 3, 2015.
Retrieved March 4, 2015. - ^ Yeh, Peter (May 11, 2017).
"Reddit Users Lose Real Money After Meme Currency Bot Dies".
Archived from the original on September 8, 2017. Retrieved September 9, 2017.
- ^ "Dogecoin to allow annual inflation of 5 billion coins each year, forever".
Ars Technica. February 3, 2014. Archived from the original on February 4, 2014.
Retrieved February 4, 2014. - ^ Rodriguez, Salvador (January 20, 2014).
"Jamaican bobsled team boosts value of Dogecoin, currency based on meme".
Los Angeles Times. Archived from the original on February 11, 2020.
Retrieved February 21, 2020. - ^ Coldewey, Devin (January 29, 2014).
"Dogecoin cryptocurrency donors help send Indian athletes to Sochi".
NB C News.com.
Archived from the original on February 2, 2014. Retrieved February 2, 2014.
- ^ Gilbert, David (March 17, 2014).
"'Most Valuable Tweet in History' Donates $11,000 Worth of Dogecoin to Kenyan
Water Charity".
Archived from the original on July 14, 2014. Retrieved May 25, 2014. - ^ Hern, Alex (March 27, 2014).
"Dogecoin raises $55,000 to sponsor Nascar driver". The Guardian.
Retrieved January 12, 2021.
Named the "#98 Moonrocket", the car will make its debut on May 4th at the Aarons
499 Sprint Series Cup Race.
- ^ Estrada, Chris (March 26, 2014).
"NASCA R fans on Reddit use Doge Coin to sponsor Josh Wise".
NB C Sports. Archived from the original on March 26, 2014.
Retrieved March 26, 2014. - ^ Stuckey, Daniel (May 5, 2014).
"Talladega Shibe: The Dogecar's NASCA R Highlights".
Archived from the original on May 6, 2014.
Retrieved May 6, 2014. - ^ Hembree, Mike (May 16, 2014).
"Josh Wise wins fan vote, beats Danica Patrick". US A Today.
Archived from the original on May 18, 2014. Retrieved May 18, 2014.
- ^ a b Good, Owen S.
(May 18, 2014).
"Dogecoin, NASCA R's strangest hood sponsor, will appear in its official video
game".
Archived from the original on May 18, 2014. Retrieved May 18, 2014.
- ^ Frum, Larry (April 24, 2014).
"Reddit, Dogecoin support NASCA R racer at Talladega".
Archived from the original on May 19, 2014. Retrieved May 18, 2014.
Fans of the NASCA R '14 video game will also get the chance to race the Dogecoin
car for themselves when it is added in an upcoming DL C pack.
In fact, they have featured the scheme on a DL C pack that costs $0.99 on the
Xbox 360 and the Xbox One.
- ^ Haas, Jared (March 2, 2021).
"Much Wow: Dogecoin Returns to NASCA R on Stefan Parsons' Car". Frontstretch.
Retrieved February 3, 2025. - ^ Serrels, Mark.
"Dogecoin: Inside the joke cryptocurrency that somehow became real".
Archived from the original on November 3, 2021.
Retrieved May 12, 2021. - ^ "What is Dogecoin?".
Archived from the original on May 24, 2023. Retrieved May 12, 2021.
- ^ Gerard, David (February 11, 2021).
"Confused About Dogecoin? Here's How It (Doesn't) Work".
Archived from the original on April 5, 2023. Retrieved May 12, 2021.
- ^ "Dogecoin Has A Warning For Everyone: Do Not Fall For Scams That Promise To
Double Your Coins".
www.news18.com. May 10, 2021. Archived from the original on April 5, 2023.
Retrieved May 12, 2021. - ^ "My Joke Cryptocurrency Hit $2 Billion and Something Is Very Wrong".
January 11, 2018. Archived from the original on May 26, 2023.
Retrieved May 12, 2021. - ^ Kelly, Jemima (May 11, 2021).
"Dogecoin gives away the crypto game". Financial Times.
Archived from the original on May 24, 2023. Retrieved May 12, 2021.
- ^ Sigalos, Mac Kenzie (May 7, 2021).
"How dogecoin went from a joke to one of the world's top cryptocurrencies".
Archived from the original on July 10, 2021. Retrieved July 12, 2021. - ^ Stempel, Jonathan (June 1, 2023).
"Elon Musk is accused of insider trading by investors in Dogecoin lawsuit".
Retrieved February 9, 2025.
- ^ "How murky legal rules allow Tesla's Elon Musk to keep moving markets".
mint. May 14, 2021. Archived from the original on August 22, 2021.
Retrieved August 22, 2021. - ^ Massie, Graeme (May 14, 2021).
"Co-creator of Dogecoin lashes out at 'self-absorbed grifter' Elon Musk over
bitcoin stand".
The Independent. Archived from the original on April 12, 2022.
Retrieved April 12, 2022 - via Yahoo! Finance.
- ^ a b Chris Isidore (February 4, 2021).
"Elon Musk tweeted. Dogecoin surged more than 50%".
Archived from the original on July 29, 2021. Retrieved July 29, 2021.
- ^ Diksha Madhok (April 16, 2021).
"Dogecoin price hits an all-time high after Elon Musk's tweet".
Archived from the original on July 29, 2021. Retrieved July 29, 2021.
- ^ Lopatto, Elizabeth (April 16, 2021).
"Dogecoin is on a run, has escaped the yard, and is headed to the moon".
The Verge. Archived from the original on April 4, 2023.
Retrieved April 4, 2023. - ^ Rossolillo, Nicholas.
"What Does 'To The Moon' Mean in Cryptocurrency?". The Motley Fool.
Archived from the original on April 4, 2023. Retrieved April 4, 2023.
- ^ Mac Kenzie Sigalos (May 9, 2021).
"Dogecoin plunges nearly 30% during Elon Musk's SN L appearance".
Archived from the original on August 16, 2022. Retrieved August 17, 2022.
- ^ Pound, Jesse (May 20, 2021).
"Dogecoin jumps after series of Elon Musk tweets fans more wild cryptocurrency
trading".
Archived from the original on July 3, 2021. Retrieved July 4, 2021.
- ^ a b Browne, Ryan (December 14, 2021).
"Dogecoin spikes more than 20% after Elon Musk says Tesla will accept it as
payment for merch".
Archived from the original on December 14, 2021.
Retrieved December 14, 2021.
- ^ "Elon Musk says Tesla will accept dogecoin as payment for merchandise, touts
its value for transactions".
Marketwatch. Archived from the original on December 15, 2021.
Retrieved December 15, 2021. - ^ "Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme".
June 16, 2022. Archived from the original on June 21, 2022.
Retrieved June 21, 2022. - ^ Zeitchik, Steven (November 7, 2022).
"Musk sees a big role for crypto on Twitter. He'll face a tall climb".
The Washington Post. Archived from the original on November 16, 2022.
Retrieved November 14, 2022. - ^ Sigalos, Mac Kenzie (October 27, 2022).
"Dogecoin surges 35% as Elon Musk's Twitter deal approaches close".
Archived from the original on October 28, 2023.
Retrieved October 28, 2023. - ^ Mattson, Jennifer (January 28, 2025).
"Elon Musk's X partners with Visa to move into financial services--and no, it's
not for crypto (yet)".
Fast Company. Retrieved February 13, 2025. - ^ Leffer, Lauren (April 7, 2023).
"Doge's Twitter Reign Ends, Triggering Memecoin Slump".
Archived from the original on April 8, 2023. Retrieved April 8, 2023.
- ^ Clark, Mitchell.
"Today in Twitter: where are the retweet labels, and why did Doge replace the
bird?".
Archived from the original on June 2, 2023. Retrieved April 3, 2023. - ^ Taylor, Josh (April 4, 2023).
"Twitter changes logo to Dogecoin cryptocurrency image in apparent late April
fool's day gag".
The Guardian. Archived from the original on May 24, 2024.
Retrieved April 4, 2023.
- ^ "Twitter is covered in Doge for no discernible reason".
Archived from the original on April 4, 2023.
Retrieved April 4, 2023. - ^ Macheel, Tanaya (November 13, 2024).
"Dogecoin spikes after Trump announces a Department of Government Efficiency --
DOG E".
Retrieved December 10, 2024. Notes - ^ U S$85,314,347,523. - ^ Sleeve only.
- ^ A slang term in the cryptocurrency and technology media and community for an
alternate cryptocurrency, or, de facto, any cryptocurrency other than Bitcoin. - ^ Primarily poker.
🔗 Archive Information
Cryptographic verification ensures content authenticity and integrity
Original Source View Article
Archive Method trafilatura_extraction
Preservation Status ✅ Complete
Word Count 📝 5705 words
Topics 🏷️ #quick-read
Content Hash (SHA-256) b1961ca0a61d75eceb99b3b96b8131f941c238a80cb7258581e1f4f3dffe3604
Raw HTML Hash c27b91524badf81821f57f80ad0a0b7a19f83c9414a27acae6206cceb9bf228a
Integrity Hash b1961ca0a61d75eceb99b3b96b8131f941c238a80cb7258581e1f4f3dffe3604
Server Hostname en.m.wikipedia.org
Server Type trafilatura_extraction-extractor/1.0
SSL Certificate Hash 3d295d0ec6126c7637c590be6d9009fe2dccb5604fd5ae085bdece3052c15070
Blockchain Proof Hash df108b6435d5599c0e45901a15701a0b38ade9aba3e5345d5570a27debc933e3
Blockchain Ready ✅ Yes
Verification Timestamp 2025-06-02T12:23:12.853977
Authenticity Status ✅ Cryptographically Verified
This content has been archived for historical preservation and educational purposes.
🔒 Powered by ArcHive - Professional Web Content Preservation