How are you all We see many types of coins nowadays. We know about different coins before they hit the market. The history of the coins I will discuss today is quite different. The name of the coin is Dogecoin. We all post different memes on social media. What is the reason for sharing these memes? These are shared as part of entertainment only. Similarly once on Twitter various funny posts were created and shared with a picture of a dog. The characteristic of these dogs is that they look very cute but they do a lot of mischief. However, software engineer Billy Markus has a thought about it. He thinks he will create a cryptocoin with this mimita. Which would also have no entertainment value. So anyway he created a website and there he announced through a post that he wants to bring a crypto coin to the market. But it needs someone who understands these things well.

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[Source](https://www.pexels.com/photo/coins-scattered-near-smartphone-with-financial-charts-on-screen-6771985/)

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The surprising thing is that this website gets a lot of visitors. It reached 1 million visitors very quickly. Then Jackson Palmer was associated with this coin. Software engineers Billy Markus and Jackson Palmer jointly launched doge coin in the market. Which was to make Bitcoin fun. But within a few days this coin became very viral on reddit and as a result people tried to buy this coin in large quantities.
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[Source](https://www.pexels.com/photo/dog-doge-puppy-retriever-6886/)
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This results in shortages in its supply as people try to buy large quantities of it. As a result, its price in the market increases 100 times than before. This coin became more popular when Elon Max himself shared the post on his Twitter ID. So currently this coin is used by people in many places. So this was today's post. Thanks everyone.