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Bitcoin cryptocurrency parody Dogecoin worth now $6 billion – NEWS.com.au
Bitcoin parody Dogecoin only invented to mock cryptocurrency is now worth more than $6 billion
A parody cryptocurrency that adopted an internet meme of a Shiba Inu dog as its logo now has a market value of more than $US6 billion.Dogecoin was originally invented as a “fun version of bitcoin” in 2013 by software engineers Jackson Palmer and Billy Markus and a single coin was worth just $US0.005405 at the start of 2021.
But the price has risen by around 300 per cent to $US0.057 over the past 24 hours.
It comes after a bunch of Reddit threads called for the cryptocurrency to hit a value of $US1…
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