Dogecoin Origins Celebrated as Meme-Based Coin Surpasses Domino's Market Value
Dogecoin's origins as a joke cryptocurrency have been celebrated by its official X account. The 'Dog' meme and Shiba Inu dog helped build the community's appeal, with the decision to feature a dog on money being described as 'one of the internet's more reasonable ideas.'
The post triggered a response from Dogecoin enthusiasts, who pointed out that what started as a joke has evolved into a 'real asset.' The cryptocurrency is currently worth $12.31 billion, higher than Domino's Pizza Inc.'s market value.
Since its launch in 2013, DOGE has gained a whopping 12795.08% in value. However, the memecoin has declined by 67% over the last year and 43% this year-to-date.