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Reading: A Joke 12 Years Ago, Today It’s 22 Billion Dollars: The Unbelievable Story of the Popular Altcoin
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EdaFace Newsfeed > Latest News > Altcoin News > A Joke 12 Years Ago, Today It’s 22 Billion Dollars: The Unbelievable Story of the Popular Altcoin
Altcoin News

A Joke 12 Years Ago, Today It’s 22 Billion Dollars: The Unbelievable Story of the Popular Altcoin

vitalclick
Last updated: December 7, 2025 2:49 pm
3 days ago
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Contents
The Humorous Beginning of the EstablishmentA Cultivated Internet Icon

dogecoin $0.135787was launched on December 6, 2013 by two software engineers, Billy Markus and Jackson Palmer. Known as the first memecoin born from internet culture, Dogecoin is today the ninth largest crypto asset in the world with a market value of $22.5 billion. On its 12th anniversary, founder Billy Markus once again reminded Dogecoin’s surprising journey with a humorous post on social media.

The Humorous Beginning of the Establishment

The story of Dogecoin began when Jackson Palmer, who worked on Adobe’s marketing team in Sydney, purchased the domain name Dogecoin.com. The site was decorated with humorous phrases and a Shiba Inu logo in the Comic Sans font. After seeing this page, Oregon-based software engineer Billy Markus contacted Palmer, and together they laid the foundations of Dogecoin. Markus, Luckycoin and Litecoin $77.63 designed a Scrypt-based “proof-of-work” infrastructure based on protocols.

Dogecoin has quickly evolved from a sarcastic parody in the crypto world to a friendly brand known for its community-focused fundraisers. The face of the Japanese Shiba Inu dog Kabosu, the symbol of “Doge” culture, has become the permanent icon of Dogecoin as a symbol of digital humor.

A Cultivated Internet Icon

The story of Kabosu, the symbol of Dogecoin, dates back to 2010. Sato, a teacher living near Tokyo, shared a photo of Kabosu, whom he adopted from a dog farm, with his paws crossed on the couch. The image quickly spread on the “Shiba Confessions” blog on Tumblr, giving rise to the “doge” meme. Years later, this image became the face of the cryptocurrency developed by Markus and Palmer.



Kabosu, who passed away in May 2024 at the age of 14, went down in internet history not only as a dog, but as the inspiration of a digital culture worth billions of dollars. Markus’ words, “12 years ago I did a stupid thing, then even stupider things happened” reflect Dogecoin’s unique story, where both humor and innovation meet.

Trading today at $0.1396 DOGEis seen as one of the strongest examples of how an idea born out of irony can turn into financial reality.

Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

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