Memorial cryptocurrency Dogecoin is 8 years old

The main meme cryptocurrency Dogecoin celebrated its eighth birthday. Yes, the token appeared in 2013, not last spring.

Dogecoin was created on December 6, 2013. It is built on the Luckycoin digital coin, which, in turn, is based on Litecoin, and already that on Bitcoin. The authors of the project are programmers Billy Markus and Jackson Palmer. A month after the launch of the cryptocurrency on site the project was used by about 1 million users. For comparison, now in Twitter and Reddit Dogecoin has 2.6 million and 2.2 million subscribers, respectively.

The DOGE's symbol is a photograph of a Shiba Ino dog. The snapshot was first published in 2010. By the way, a dog named Cabosu at the end of the summer of 2021 turned 16 years old.

The first jump in the digital currency rate was recorded in 2018. Then the token rose in price to 1 cent for the first time, and the market capitalization reached $ 1,000,000,000. In the spring of 2021, DOGE regularly updated its own historical highs.

In May, its price rose to $ 0.7376, but after Elon Musk's speech on SNL, the price went down. In the spring, the cryptocurrency even entered the top 3 in terms of market capitalization. Now with a capitalization of about $ 24,000,000,000, Dogecoin is in 11th place. The price of the token is approximately 18 cents, taking into account a 17% drop over the last week.

A source: @dogecoin