What’s all the hubbub with Dogecoin lately? It’s only up 13,000% or something in the past year.
Dogecoin was created in late 2013 basically as a joke cryptocurrency with no specific functionality. It’s the slacker or anti-biz crypto. That seems to be the beauty of it and why it has grabbed the attention of the zeitgeist. “Fate loves irony” as Elon says about it. Dogecoin was designed to be the worst crypto so ironically it could become the best crypto.
So where does Dogecoin go from here after the epic run it has just had? To the doghouse is fully possible as is the moon. SpaceX has just been given the greenlight by NASA to take astronauts to the moon for the first time in decades and Elon has tweeted in the past about literally taking Dogecoin to the moon so that could be the culmination of its journey. Or maybe it will then be Mars-bound. Or maybe the meme will fizzle after it hits $1. Or maybe today was the pinnacle.
We say hoist one for the slacker! 🍻 But if you are going to dabble in doge, don’t be greedy, keep your stake to a small dog bowl size. But … 🚀🌙
← Astronauts Elon and Doge from @_gau_rav__
