What is Doge? And is it true
that Doge is going to the moon? Dogecoin is a peer-to-peer
cryptocurrency, that is fast and fun. Based on a popular internet meme and
created way back in 2013, and is one of the few digital currencies that has managed to
steal the headlines and stand the test of time. Tesla CEO Elon Musk and rapper Snoop Dogg pushed
Dogecoin into international headlines by tweeting about the coins in early 2021. Doge was then
given another push in the end of January 2021, as users of the WallStreetBets
Reddit thread banded together to push the price up by 700% causing hashtag
DogeCoin to the moon to trend on Twitter.
Despite being considered a ‘joke project’, Doge
does have a rather large and friendly community and is the favored currency for tipping
on Reddit. And the Doge community has used their easily-transferable coin as a way
to raise money for some notable causes. Should you buy doge? Doge might
not be a ‘serious investment’ to pour all your hard-earned cash into,
but it can be a fun way to interact with the cryptocurrency community and
honor everybody’s favorite shiba inu.