TOSHIFUMI KITAMURA/AFP through Getty Pictures
The final couple weeks have been dominated by the story of on-line novice buyers who’ve been swarming across the market searching for so-called “meme shares” like GameStop and AMC. However lots of these buyers now appear to have additionally set their websites on a meme forex. We’re speaking, after all, about Dogecoin! Dogecoin a cryptocurrency actually created as a joke again in 2013.
Not too long ago, Elon Musk — the richest man on earth — took to Twitter and fired off a few Dogecoin jokes. One in every of them learn: “No highs, no lows, solely Doge.” One other stated, “Dogecoin is the individuals’s crypto.” Musk’s tweets helped ship Dogecoin’s market capitalization hovering.
In 2013, Jackson Palmer despatched off a random tweet a few new cryptocurrency he had invented, Dogecoin. It was presupposed to be only a throwaway joke. However one factor led to a different, and Dogecoin turned an actual factor. Jackson tried to maintain Dogecoin mild and enjoyable, and centered on the unique mission of studying about cryptocurrency, and giving cash to charity. Issues quickly turned darkish, nonetheless.
This is not the primary time we have talked about cryptocurrencies on The Indicator! Here is an episode through which we purchased Ethereum CryptoKitties!