Dogecoin is a cryptocurrency created in 2013 as a joke by Billy Markus and Jackson Palmer.  It was intended to make fun of the wild speculation in cryptocurrencies at the time. Since then, it has built a huge following and demand and now has a market capitalization of $68B. Along the way, it made multiple millionaires, Including a Goldman Sachs managing director who recently left the investment bank after reportedly making millions by investing in the cryptocurrency. What started as a joke has now become a phenomenon too important to ignore.  With a surge in demand for trading the coin, it has caused outages on trading platforms such as Robinhood. And the hype has now inspired the creation of many other dog theme coins, and it seems that this is just the beginning. So what is the hype around this cryptocurrency, and How did Dogecoin become so popular?

Dogecoin was forked from Lucky Coin – a fork of Litecoin, which is a fork of Bitcoin

https://dogecoin.com

https://coinmarketcap.com/currencies/dogecoin

What is Dogecoin?

https://youtu.be/_KVZmS_UO5I

Kabosu's blog – The Doge

https://kabosu112.exblog.jp/9944144

Understand how Robinhood settle transactions and why Robinhood stopped the trading of GameStop and Dogecoin recently

https://blog.robinhood.com/news/2021/1/29/what-happened-this-week

Has the Dogecoin ‘whale’ been discovered?

https://www.deseret.com/2021/5/8/22424597/dogecoin-investment-whale-robinhood-theory

A $25 billion dogecoin whale lurks, but Robinhood CEO says ‘we don’t have significant positions in any of the coins we keep’

https://www.marketwatch.com/story/a-25-billion-dogecoin-whale-lurks-but-robinhood-ceo-says-we-dont-have-significant-positions-in-any-of-the-coins-we-keep-11620326508

How Supply Affects Crypto’s Value, Explained

https://cointelegraph.com/explained/how-supply-affects-cryptos-value-explained

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