Cryptocurrency is so popular even a spoof coin featuring the face of a Shiba Inu is rising in value.
The price of Dogecoin (pronounced “doh-j”) is up to 13 cents as of Wednesday morning, according to the cryptocurrency news site Coindesk.
The “memecoin” was created in 2013 as a joke poking fun at the surge in digital coins, says Coindesk. Dogecoin was inspired by the popular Doge meme, which stars the image of a Shiba Inu staring sideways at the camera with raised eyebrows, says the website Know Your Meme.
Arguably Dogecoinâ€™s most popular fan is Tesla and SpaceX CEO Elon Musk, who tweeted Wednesday a GIF which appears to show a Shiba Inu smiling.
“Dogecoin is the peopleâ€™s crypto,” Musk wrote in February.
Fans of Dogecoin took to social media to celebrate its mini-surge.
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The price of Dogecoin, created to poke fun at cryptocurrency, is above 10 cents (2021, April 15)
retrieved 15 April 2021
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