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Tag: cryptocurrency

Crypto craze: Dogecoin spikes 300% in a week

CNBC — Dogecoin was created as a joke. Now it’s a top-10 digital currency worth $34 billion. The cryptocurrency is based on the “Doge” meme, which became popular back in 2013. The meme portrays a Shibu Inu dog alongside nonsensical phrases in multicolored, Comic Sans-font text. Created in 2013 by software engineers Billy Markus and Jackson Palmer, Dogecoin was intended to be used as a faster but “fun” alternative to bitcoin. The project that wass started to poke fun has miraculously turned a profit, worth a staggering $34 billion, according to crypto market data site...

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