Dogecoin Explained: How a Meme Coin Became a $25B Powerhouse
Dogecoin (DOGE), created in 2013 as a parody of Bitcoin, has transformed from a meme coin to a major cryptocurrency with real-world utility and a market cap peaking at $82 billion.
Initially dismissed as a joke, it gained traction through its fun, accessible nature and became popular for microtransactions and tipping. With a fast transaction time and a passionate community, Dogecoin has funded projects like sending the Jamaican bobsled team to the Olympics and supporting clean water initiatives.
Despite its unlimited supply and volatility, DOGE remains a cultural and financial phenomenon, bolstered by high-profile endorsements, including from Elon Musk.
Clever Robot News Desk 10th March 2025
