2021-04-16 19:08:38

Woof: Dogecoin Cryptocurrency Returns Are up 6,000% This Year

(Image credit: Shutterstock)

There’s no denying that Dogecoin is a meme. It’s also proven to be quite valuable to those who decided to buy in, with Coindesk today reporting that returns on the coin have risen 6,000% this year — and over 450% just in the past week — despite the fact that it was specifically created as a joke.

Dogecoin was created in 2013 as “an open source peer-to-peer digital currency, favored by Shiba Inus worldwide,” as its official website proclaims. It also offers a helpful conversion tool that explains 1 Dogecoin = 1 Dogecoin. Mind, blown.

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