Buy Dogecoin ($DOGE) on Firstrade

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About Dogecoin ($DOGE)

Dogecoin is considered the first of the meme coins. It was created by Billy Markus in 2013 as a joke mostly, but also said to be homage to Bitcoin for being a currency with value simply based upon its existence.

The “dog” coin is named for a meme with an image of a Shiba Inu dog of which was popular and circulating at the time. The meme coin reached a high of $0.74 and $93 billion dollar market capitalization in May 2021.

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Popularity of Dogecoin ($DOGE)

$DOGE reached mainstream popularity in the spring of 2021, when the meme coin was tweeted and mentioned by Elon Musk and other celebrities. Dogecoin rose to the crypto mainstream, and has since expanded into commercials, major branding partnerships, sponsorships, and more for what is now a global crypto movement. Dogecoin is available for purchase and trade on Firstrade.

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About Dogecoin Foundation and more

Dogecoin ($DOGE) is the first meme coin and first of the “dog coins”. The project community is active and vibrant. Dogecoin’s popularity created a blossoming ecosystem for the cryptocurrency project, which motivated the project founders and community members to establish the Dogecoin foundation as a non-profit entity registered in the US state of Colorado.

The Dogecoin foundation is responsible for vetting charitable opportunities for the project to take part in, and some other tasks like protecting the intellectual property of the ecosystem. The Dogecoin celebrity popularity has helped for the coin to be involved in many charitable causes and events to date.

Learn more about Dogecoin ($DOGE) and other current cryptocurrency prices on Firstrade.

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