BlockDAG Keynote 3: Community Power Tops Dogecoin & VeChain – Coincu
The post BlockDAG Keynote 3: Community Power Tops Dogecoin & VeChain – Coincu appeared on BitcoinEthereumNews.com.
Community is the backbone of crypto. Dogecoin capitalized on internet memes to build wealth, while VeChain leveraged its focus on practical applications in global supply chains. Both initiatives built momentum differently, but none matched the initial community backing BlockDAG (BDAG) received. BlockDAG, unlike many others, gathered over $209.5 million in its crypto presale without any venture capital support. This article examines Dogecoin, VeChain, and BlockDAG—not only their beginnings and offerings but also how their communities influenced their development, value, and future prospects. Dogecoin: From Meme to Market Sensation Created in December 2013 by Billy Markus and Jackson Palmer, Dogecoin (DOGE) started as a humorous critique of the crypto world, represented by the famous Shiba Inu meme. Though initially a joke, it rapidly formed a dedicated following that utilized DOGE for web-based tipping and charitable donations. Priced at roughly $0.0002 initially, Dogecoin remained relatively unnoticed until 2021, when it jumped 216% in a single week to $0.0235—spurred by online endorsements and support from figures like Elon Musk. By May 2021, it hit a peak of $0.7376. As of March 28, 2025, DOGE is valued at $0.1920—an increase of 95,900% from its early pricing, though 74% below its highest price. Nonetheless, those who kept their shares long-term witnessed substantial gains. Dogecoin utilizes a proof-of-work protocol, akin to Bitcoin. However, it has an inflationary supply strategy, releasing 10,000 new coins each minute, showcasing how a blend of humor, community, and popular culture can generate real financial value. VeChain: Transforming Supply Chain Operations Launched in 2015 by Sunny Lu, VeChain (VET) aimed to revolutionize supply chains using blockchain technology, initially focusing on high-end goods to prevent forgeries, later broadening to logistics, agriculture, and the automotive industry. VeChain employs a two-token system: VET for transactions and VTHO for network fees, which aids in keeping costs…
Filed under: News - @ March 30, 2025 10:03 pm