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Bitcoin parody Dogecoin that was only invented to mock cryptocurrency is now worth more than $6billion


Bitcoin parody Dogecoin that was only invented to mock cryptocurrency is now worth more than $6billion
Updated: Jan 30 2021, 6:21 ET
A PARODY cryptocurrency that adopted an internet meme of a Shiba Inu dog as its logo now has a market value of more than $6billion.
Dogecoin was originally invented as a fun version of bitcoin in 2013 by software engineers Jackson Palmer and Billy Markus and a single coin was worth just $0.005405 at the start of 2021.
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Dogecoin was setup to mock bitcoin but has soared in value
But this week, the price jumped by a staggering 972% from $0.007 (less than 1p) to $0.075 (5.5p) per coin in just 24 hours. ....

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