{"id":1255,"date":"2023-03-12T07:44:01","date_gmt":"2023-03-12T02:14:01","guid":{"rendered":"https:\/\/news.cetoex.com\/?p=1255"},"modified":"2023-03-12T07:44:01","modified_gmt":"2023-03-12T02:14:01","slug":"dogecoin-the-rise-from-memes-to-millions","status":"publish","type":"post","link":"https:\/\/news.cetoex.com\/dogecoin-the-rise-from-memes-to-millions\/","title":{"rendered":"Dogecoin: The Rise From Memes to Millions"},"content":{"rendered":"\n
\"Dogecoin\"\/
Credit – BeInCrypto.com<\/figcaption><\/figure>\n\n\n\n

Cetoex News –<\/strong> Before 2019, if you told a person in the stock market that a dog coin created as a joke could deliver millions, they\u2019d label you crazy and a lunatic. It was beyond anyone\u2019s imagination that Dogecoin, created as a meme, could make investors millions down the road. How did it happen? In this article, we will highlight how DOGE went from a meme to a million-dollar cryptocurrency that everyone wants to be a part of.<\/p>\n\n\n\n

Dogecoin: From Meme To Millions<\/h2>\n\n\n\n
\"Dogecoin
Source: Reddit \/ Dogecoin<\/figcaption><\/figure>\n\n\n\n

George Orwell\u2018s famous quote, \u201cWho controls the past controls the future, who controls the present controls the past,\u201d took a new turn with the emergence of social media. Memes took center stage on Facebook and Twitter, playing a large and predominant role in how social media is perceived.<\/p>\n\n\n\n

Therefore, George Orwell\u2019s quote quickly turned into \u201cWho controls the memes, controls the Universe\u201d<\/strong> and it was coined by Elon Musk.<\/p>\n\n\n\n

Memes play a large role in modern times, and the internet is plush with never-ending jokes on all topics. Dogecoin entered the markets at the right place and at the right time, poking fun at Bitcoin during its initial days. The jokes mainly caught on with youngsters and found a soulful connection through memes.<\/p>\n\n\n\n

The connection is one-of-a-kind and the first \u2018eclipse of the heart\u2019 between memes and the financial world. Thus giving birth to the phrase \u2018meme is money\u2019 which mostly takes center stage in the cryptocurrency markets.<\/p>\n\n\n\n

In simple words, the majority of youth don\u2019t find charts and balance sheets entertaining or worthy of their time. Make a meme out of the same concept, and then it is \u2018shut up and take my money\u2019.<\/p>\n\n\n\n

Therefore, the likes of Dogecoin and other meme cryptocurrencies thrive in the markets as it\u2019s a language they understand. Never would anyone have imagined that someday memes could deliver millions, and we are now living and breathing this in the cryptocurrency world.<\/p>\n\n\n\n

At press time, Dogecoin was trading at $0.06 and was down 9.1% in the 24-hour day trade. DOGE is also down 91.04% from its all-time high of $0.73, which it reached in May 2021.<\/p>\n\n\n\n

<\/p>\n\n\n\n

NEWS BY – CETOEX NEWS<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

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