The post From Memecoin to Thriving Ecosystem: How Dogecoin Conquered the World appeared on BitcoinEthereumNews.com.

It was meant to be a joke. But like many jokes that resonate, it went further than its creators expected – and now it’s intent on conquering the crypto world. In 2013, Dogecoin emerged as a playful jab at the burgeoning cryptocurrency world with its Shiba Inu mascot and irreverent dogespeak: “wow, much coin.” Yet, what began as a meme has morphed into a cultural and financial juggernaut, gaining a $29 billion market cap and a vibrant ecosystem that’s anything but a joke. How did a memecoin made to make fun of crypto become a crypto cornerstone in its own right, spawning a slew of projects dedicated to the serious business of elevating Doge into a big beast, the tail that wags the memecoin market? The answer lies in its infectious fun, community spirit, and a handful of shrewd projects that have seen value where others have seen mere whimsy. This is the story of Dogecoin and its transformation into a crypto giant with a paw in multiple onchain verticals. Much wow indeed. Fun, Puns, and a Fair Launch The origins of Dogecoin are well known by now. Created by Billy Markus and Jackson Palmer to poke fun at rampant crypto speculation, Dogecoin launched on December 6, 2013 and rapidly accrued a small but highly engaged community who bought into the joke and bought into the coin in serious numbers. Because that’s the first thing to know about Doge: there’s a lot of coins out there. Around 150 billion at present, with a circulating supply that’s growing by about 5B a year. Despite the plentiful supply of Doge, hundreds of millions of investors have acquired it over the past decade, while the project’s X account now boasts 4.3M followers, making it more popular than most serious cryptocurrencies. The people like the…

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Filed under: News - @ June 13, 2025 8:33 pm