Dogecoin is probably one of the more interesting crypto stories, initially created as a joke by Billy Markus and Jackson Palmer. They reportedly created the coin in an evening and they set a constant inflate rate that would print more than 5 billion new coins per year. The thought was that Dogecoin would never hold potential as anything more than an internet joke, and it was crafted with the Shiba Inu as its mascot.
The joke became reality in 2021 as the meme movement drove a massive amount of capital into Dogecoin. With public proponents like Elon Musk and Mark Cuban, who have both said that they think Dogecoin is the cryptocurrency that’s most like an actual currency, Dogecoin is a joke no more.