DogeCoin joins the mainstream
DogeCoin hasn’t received nearly the fanfare or press time that other coins like Bitcoin and Ethereum have enjoyed. Perhaps it’s because the coin was initially created as a joke in response to a young cryptocurrency fad. The joke has now become serious, as the digital currency is taking on mainstream coins.
DogeCoin has recently taken on a completely different face, and is proving to be a much more stable coin than either Bitcoin or Ethereum. Granted, the coin is still only worth just more than one cent, but considering the explosive growth of other coins, DogeCoin’s popularity could result in the same type of embrace by cryptocurrency investors. In 2008, when Bitcoin was introduced, it, too, was virtually worthless. Now, closing out 2017, one coin would put $15 grand in your pocket.
DogeCoin was introduced by Billy Markus, in response to a popular meme of Ishiba Inu, aka Doge. Doge fans were certainly the first – and probably only – people to accept the coins, but it has remained in the cryptocurrency world since. It’s currently among the top 50 digital assets and many look at it as a good way for the timid or untrained to get their feet wet in the cryptocurrency realm. At a penny a coin, it’s all uphill from here.