Dogecoin can be seen as bitcoin, but less seriously. It is, in fact, a joke that has gone out of control. It is a cryptocurrency that is called an altcoin, as it were. Developers Billy Markus and Jackson Palmer created the parody pseudoanonymous developer; Shibetoshi Nakamoto, based on Bitcoin’s Satoshi Nakamoto, who developed the cryptocurrency Dogecoin. The hilarious set-up and playful marketing with the representative dog Shiba Inu defied the cryptower world, but is now a formidable player on the market. Dogecoin’s market value passed the billion dollar mark in 2018, but has since fallen sharply. It remains a popular community crypto due to the cries of “much WOW”, “such crypto” and “very currency”. In 2014, a Nascar team was sponsored by a Dogecoin collection campaign. Of course the Shiba Inu was not missing on the car.
