History of Dogecoin in Timeline

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Dogecoin

Dogecoin is a cryptocurrency created in 2013 by Billy Markus and Jackson Palmer as a satirical take on the cryptocurrency craze. Featuring the Shiba Inu dog from the "doge" meme, it quickly gained popularity and developed a strong online community. It's considered the first "meme coin." Despite its origins as a joke, Dogecoin has achieved significant market capitalization, reaching over US$85 billion at its peak in May 2021. It even became the sleeve sponsor of Watford Football Club. Dogecoin's success highlights the influence of internet culture and social media on the cryptocurrency market.

November 14, 2024: Trump Announces New Department of Government Efficiency

On November 14, 2024, Donald Trump announced Elon Musk and Vivek Ramaswamy would lead the new Department of Government Efficiency (DOGE). The price of Dogecoin increased soon after the announcement.