DOGECOIN HISTORY

 What is dogecoin? 🐕

Doge coin is a crypto currency that was invented by two individuals viz : Billy Markus and Jackson Palmer, engineer respectively . They decided to create the coin as a payment mode but it first started as a "joke" to make fun of other broad and known speculations in the in the digital currency time.

Dogecoin if it may interest you to know is the "first " ever created memecoin , the first "Dog coin " too . The intention of the two engineers Billy Markus and Jackson Palmer was to invent a P2P (peer to peer) crypto money to reach out to a broader and larger demographic audience in other to superse "BITCOIN as the first coin to ever exist .

 One funny and surprising thing u need to know about dogecoin🐕   

It is quite arguable to tell between Ethereum and doge coin the one that was first created right?

Alright but on this note the truth is that dogecoin is older than Ethereum which is today the second largest in the crypto market , in view to this and to clarify you the reader on this you can read further to get it right.

   BRIEF HISTORY OF DOGECOIN🐕

Dogecoin was officially launched on the 6th of December 2013 and it attracted over a million visitors to the project within just 30 days after its creation , interesting right?

Palmer Jackson  a co_founder of dogecoin was initially a member of "Adobe system in the marketing department in Sydney particularly. It was him that purchased  the domain name "dogecoin.com" and procceded to add a splash screen to it which enabled it's logo and caused a humorous sans tesxt. 

Later on, Billy Markus reached out to Jackson Palmer when he had seen the site and do you really know the next thing that happened? 

Well, the plan became more serious than how Jackson Palmer ever thought because Billy Markus came in and immediately began to make a huge effort in other to develop the meme coin . The coin protocol was later designed by the two digital Giants based on the already existing crypto currency like : Bitcoin, luckycoin and litecoin too using a technology to proof the work algorithm .

There was a massive unexpected pump of dogecoin around December 19, 2013, it jumped to nearly 300% in just within 72hours in its value , the initial price was around $0.0026 and it quickly pumped up to $0.00095 trading with over billions of dogecoin in its volume.

Jackson Palmer later left the project , leaving the crypto community around 2015 when Ethereum came in place and Jackson Palmer had no intention of returning to the crypto business as he believed that the crypto currency as believed also is libertarian way to money ,but is very exploitative. 

Billy Markus his co_founder on the other hand , agreed with him and at this point in time ETHEREUM had matched out and many investors and dogecoin visitors diverted .

Dogecoin reached a peak of $0.017 early 2017 and around January 2021 dogecoin picked up again rising up to 800% within 24hours reading a price of $0.07 as a result of the hyping and encouragement of one of the recent global Giants Elon Musk and also as a result of some Reddit users.