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What is Dogecoin and what is behind rise of this joke cryptocurrency? – NEWS.com.au
What is Dogecoin and what is behind rise of this joke cryptocurrency?
After Bitcoin surged to a record new high on the back of Teslas $2 billion investment, parody cryptocurrency Dogecoin is also experiencing its own groundbreaking price.Dogecoin hit a record peak of US0.087 cents (A0.11 cents) on Sunday after rapper Snoop Dog and musician Gene Simmons confessed to being fans on Twitter.
Snoop Dog tweeted a mock album cover with the title Snoop Doge and a dog’s face photoshopped on to his body.
His tweet also tagged billionaire Elon Musk who has been responsible for…
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