Dogecoin
The original meme coin created as a joke in 2013 — now a legitimate crypto project.
Dogecoin (DOGE) was created in 2013 by Billy Markus and Jackson Palmer as a parody of the crypto craze — using the popular Shiba Inu dog internet meme.
Unexpected development:
•The community became massive and enthusiastic
•Elon Musk regularly mentions it on Twitter/X — every tweet moves the price
•2021: DOGE rose 100x, reached $0.73
•Accepted as payment for Tesla merchandise, SpaceX mission
Technical characteristics:
•Based on Litecoin code (Scrypt algorithm)
•No supply cap — inflationary (5 billion new DOGE per year)
•Faster transactions than Bitcoin (1 min block)
DOGE is an example of how community and virality can be as important as technology.