( Source : Trading View )
History Of Dogecoin :
Software engineers Jackson Palmer and Billy Markus developed Dogecoin in December 2013 with open-source technology. Palmer worked as a product manager at Adobe, and Markus was a software developer at IBM.
Dogecoin (LTC -1.18%) split out from Litecoin. A fork in cryptocurrencies occurs when the code of the blockchain is modified or divided into two distinct chains. The creation of new cryptocurrencies, like Dogecoin, or the addition of new functionality are two possible uses for forks.
Dogecoin saw a price gain of almost 300% in its early days, despite being a sarcastic reaction to the cryptocurrency craze. Then, in 2021, Dogecoin reached a record high of about $0.73 per share thanks to social media excitement from both retail and prominent investors.
Remember this? @coinbase @binance https://t.co/w6LkipvcTy
— Dogecoin Developers (@dogecoin_devs) December 12, 2024