Dodgecoin the cryptocurrency that was born from a meme and reached $302,596,045 of market capitalization.

By Papiloskibtc | Cryptocoins2020 | 10 May 2020

It all started with an absurd joke, a satire on bitcoin that was born from "doge", one of the most popular memes on the internet.

At first, no one paid attention to him.

Who was going to take seriously a cryptocurrency that had the logo of a Japanese dog meme? And it was cause for laughter... Until it ended up reaching multi-million dollar figures.

The idea came from Billy Markus, an American programmer who worked as an engineer at IBM, and Jackson Palmer, an Australian who was head of the marketing department at Adobe Systems.

Together, they launched a new currency in 2013, which they called "dogecoin", with the intention of making fun of the "crypto fever".

Soon, its currency began to expand through internet forums.

Within 15 days of launch, its value had multiplied by 300.

"The price is not even important," said Markus then.

But over the years - and especially in December 2017 - its value began to inflate, reaching almost $ 2 billion - $1,928, to be exact - during the first weekend of January this year.

Did the joke spread to the business world?

Here we have a cryptocurrency that we can buy in quantity and hope that one day its price will be $1 and that day we will obtain many profits, because if we buy 100,000Dodge at the price of today May 10 $0.0028 we would be investing $280 which in reality is nothing for one investment that can give us some day, this year or the other the amount of $100,000.

And it is that we do not lose anything if that did not happen, if dodgecoin lowers its price today which is $0.0028 to $0.0020 if we have the 100,000Dodge mentioned above in the investment we would only lose $80, but who takes away the idea for $80 when we can earn $100,000 just by investing $280.

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