Dogecoin price: What is Dogecoin.Joke Cryptocurrency breaks $2.5 BILLION

The digital currency, which started as a joke, reached an all-time high of more than £1.55million ($2.5billion) over the weekend, though it has now slipped back to just over £12.5million ($1.7billion).

This time last year, a single Dogecoin (DOGE) token was worth just $0.00023 and the currency as a whole had a market cap of just over £17.4million ($23.5million).

But a remarkable 12 months has seen doge surge by more than 6,400 per cent, putting the cryptocurrency at $0.014954.

Here is everything you need to know about the wildest digital currency on the market.