The Power of the Internet Meme: Dogecoin

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Who doesn’t love a good doge?

This is evidently the sentiment behind a previously low-end altcoin called Dogecoin, which has seen its market cap breach $1 billion for the first time since its creation in 2013. Thursday gave this digital currency its first experience surpassing $0.01 and, according to CoinMarketCap, it is now currently going for $0.010609 with a market cap of $1.2 billion. It’s seen an 8.02% increase in the past 24 hours.

Dogecoin was never meant to be a serious thing. It’s based on the Internet meme doge, a Shiba Inu dog, …

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