#Dogecoin is a serious cryptocurrency that came about thanks to a meme. With its help, the creators wanted to mock the market, but unexpectedly created a valuable asset. Dogecoin has increased in price tenfold this year. There are already 11.7 billion units of this cryptocurrency in circulation. Tesla founder Elon Musk posted pictures of a Shiba Inu dog on Twitter, and YouTube blogger Marquez Brownlee described Dogecoin as "the most affordable and least scary cryptocurrency for people."
Billy Marcus, an IBM developer and one of the creators of Dogecoin, says: “There are many reasons why people buy it, and it's kind of mainstream at this point. It's one of the most volatile assets to invest in, but people have a lot of reasons to do so, and that's reflected in the market."
