4 Fun Facts about $DOGE that You Need to Know Before Investing
Dogecoin, the cryptocurrency that started as a joke, quickly became a global phenomenon. Since its launch in 2013, it has gained a loyal base of fans and investors. If you're thinking about investing in Dogecoin, here are five fun facts you need to know:
1. Created in Just 2 Hours🚀🐶
Believe it or not, $DOGE was created in just two hours. Software engineers Billy Markus and Jackson Palmer developed the coin quickly, launching it on December 6, 2013. "I created the coin in two hours, I didn't think about anything!" Markus said of the process. This improvisation is part of the charm that attracts many investors.
2. Origin and Kinship🚀🐶
Dogecoin has an interesting lineage: it is derived from Luckycoin, which, in turn, is a fork of Litecoin. This means that although Dogecoin started out as a joke, it has a solid technical foundation, sharing some characteristics with Bitcoin. Litecoin, which carries a copy of Bitcoin's source code, adds credibility to Dogecoin.
3. The Founder Sold Everything🚀🐶
Billy Markus, one of the founders, sold all his Dogecoins in 2015, when the currency was worth very little. He revealed that the amount was enough to buy a Honda Civic. Today, that sale could have made him a millionaire, an irony that many in the cryptocurrency world know well.
4. Celebrities and Popularity🚀🐶
Dogecoin gained popularity in part thanks to celebrity endorsements. Elon Musk, in particular, has been a huge supporter, frequently tweeting about the coin and influencing its price. This support brought enormous visibility to Dogecoin, helping to consolidate its status as one of the most well-known cryptocurrencies.
Ready to explore the world of $DOGE ? Always remember to do your own research and invest wisely!#Binance #Dogecoin #defi #litecoin