2021-05-10 13:21:59

What is Dogecoin? Value, Elon Musk, forecast, how to buy and latest news

The question “What is Dogecoin?” has a seemingly simple answer: put simply, it’s a cryptocurrency created in 2013 by software developers Billy Markus and Jackson Palmer as a satire of Bitcoin and the exploding popularity of crypto. But obviously there’s more to it than that.

That’s because Dogecoin is also one of the fastest-growing cryptocurrencies, having risen in value by 10,000% since the start of 2021. That’s right: if you’d invested $100 in Dogecoin back in January, your investment would now be worth around $10,000. In fact, it’s now one of the top cryptocurrency performers overall, with an estimated overall worth of more than $60 billion — making it bigger than Ford and Twitter.

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