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✅ Dogecoin: the story of the meme that became a cryptocurrency 💥【FREE!!!】
- 2021/11/18
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Dogecoin: the story of the meme that became a cryptocurrency The meme-inspired cryptocurrency born in 2013 has grown in popularity in recent weeks following several tweets from Elon Musk. Its value has been skyrocketing throughout 2021 and is currently at 70 trillion dollars, being the fourth most important cryptocurrency When in 2008 Rodolfo Chikilicuatre, the character played by actor David Fernández and created by Terrat de Buenafuente, ended up participating in Eurovision thanks in large part to a viralized campaign on Forocoches, we couldn't imagine how far some jokes could go. La salida a Bolsa de Coinbase revela los riesgos de las criptomonedas: volatilidad, delincuencia y falta de regulación Coinbase IPO Reveals Risks of Cryptocurrencies: Volatility, Crime and Lack of Regulation KNOW MORE For example: a meme of a dog pondering the meaning of life that emerged in 2013 becomes a cryptocurrency and fetches a value of $ 70 trillion after the richest man in the world tweeted about whether one of his companies had to accept this type of currency. This cryptocurrency is not new. And it was not born with the vocation of being currency. The origin of the story goes back more than ten years. The image that is part of the cryptocurrency was part of a series of photos originally posted on his personal blog by a Japanese kindergarten teacher who had rescued a dog named Kabosu in February 2010. One of those photos turned out to contain a look from the dog to camera in which he seemed to be browsing in a suspicious but calm way. The photo became the subject of jokes and memes. Borrowing the expression "doge" to affectionately refer to the dogs whose images circulated on the Internet (in a joke even older than this meme, as documented by Know Your Meme). From different collisions, coincidences and, above all, digital forums generating collective jokes, the meme was born that illustrated with the expression of the Comic Sans typography the supposed interior monologue that Kabosu was experiencing. At the end of 2013, software engineers Billy Markus and Jackson Palmer decided to create “Dogecoin”, a cryptocurrency that was born as a joke to make fun of the wild speculation that was already beginning at that time. After an initial impulse in which it brought together a community very quickly and obtained a certain value, the hype was reduced and its value fell, remaining very low for years. It was not until July 2020 when a Tiktok trend rescued the currency from its irrelevance, causing it to increase its value by more than 600% in just one day . In January of this year and following the Gamestop incident , a group of Reddit users began to encourage investing in Dogecoin. They got the value to increase by 800%. Elon Musk, in a common practice that consists of posting memes on his account without crediting them , published the image of a dog as if it were the protagonist of a magazine called Dogue . Users interpreted it as a sign in favor of Dogecoin. The billionaire owner of Tesla appeared a few days ago on the Saturday Night Live television program in which he did a sketch where he explained about the nature and future of Dogecoin in a context that seems the most conducive to this cryptocurrency: halfway between Join the joke and the threat to the status quo . Musk announced on Twitter this week that SpaceX would launch a satellite called Doge-1 and that it would be "the first mission funded by dogecoin, the first cryptocurrency in space and the first meme in orbit." A user made a song about cryptocurrency getting the snowball effect to continue with this meme-coin. The rhetoric of a Robinhoodesca community that breaks the market rules to infiltrate a joke that ends up changing those rules is very attractive. Self Musk declared TMZ that "criptomonedas are promising ... but I do not recommend investing all the savings of a lifetime". Perhaps because for him, investing in Dogecoin is nothing more than a game like posting...