Devesh Raj
2 min readMay 7, 2021

DogeCoin

What the hell Dogecoin is?

You must have come across this crazy cryptocurrency which is valued at $85 billion i.e. more than Twitter, Ford, and SpaceX. This crypto has hiked 14000% in 2021.🤯

This 7-year-old currency was created by Billy Markus and Jackson Palmer. They launched it in Dec 2013 and within a month, they had over 1 million visitors on their website.😎

After having a major theft of Dogecoins later that month by a hacker, Dogecoin still managed to surpass bitcoin in Jan 2014 by starting a Twitter campaign as “Save Dogmas” and recovering the lost amount.😌

Interestingly, Billy Markus sold his dogecoins to buy a Honda back in 2014–15, but now its value is even more than Honda in 2021.😆

But everything changed when 2021 started,

Due to the push by Elon Musk and GameStop short squeeze, Dogecoin went over 800% in Jan 2021.😐

This craze didn’t stop in Feb 2021 as well, when Snoop Dogg and Elon Musk went to Twitter about Dogecoin and making it hit a new price of $0.08.👀

Recently in April 2021, it gave BP problems to crypto experts when it surged 400% in a single week and approached a $50 Billion market cap.🤯

In May 2021, it is acting even crazier and I don’t see any end to this inflating bubble, which is at $85 billion right now🤯

Opinion: Don’t invest rn you are late😐

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Devesh Raj
Devesh Raj

Written by Devesh Raj

Map Analyst at Google Maps. Speaker at Google Developer Group. Ex-CTO of Foodifi #Passionate #Maps, #Android Developer. #Entrepreneur #YouTuber #Speaker

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