Canine-themed cryptocurrency Dogecoin is marking its twelfth anniversary, having launched Dec. 6, 2013, by software program engineers Billy Markus and Jackson Palmer. It’s thought of each the primary “meme coin” and, extra particularly, the primary “canine coin.”
The Shiba Inu is a Japanese breed of canine that was popularized as a web-based meme and represents Dogecoin.
In a tweet, Dogecoin co-founder Billy Markus, who goes by the alias of Shibetoshi Nakamoto on X, celebrates Dogecoin’s twelfth anniversary and in his traditional witty method, playfully saying how it began.
“12 years in the past i made one thing silly after which a bunch of even stupider stuff occurred and now i’m posting about it on the web to 2.15 million followers, glad twelfth genesis day, Dogecoin,” Markus wrote in a playful tweet, referring to his followers on X.
Seemingly, Markus was oblivious of the variety of his X followers, which has surpassed 2.2 million, whereas correcting himself in one other tweet: “oh, 2.26 million followers apologies to the 110k i initially missed you might be all particular to.”
Initially created as a joke, Dogecoin has gained traction within the crypto house and ranks because the ninth largest cryptocurrency with a market capitalization of $22.56 billion, buying and selling at $0.1396 at press time.
How it began
Dogecoin co-founder Jackson Palmer, who on the time was a member of the Adobe advertising division in Sydney, Australia, purchased the area Dogecoin.com and added a splash display screen, which featured the coin’s brand and scattered Comedian Sans textual content.
Billy Markus reached out to Palmer after seeing the positioning and began efforts to develop the foreign money. Markus designed Dogecoin’s protocol primarily based on current cryptocurrencies Luckycoin and Litecoin, which use scrypt know-how of their proof-of-work algorithm.
The Japanese Shiba Inu Kabosu is behind the “doge” meme and the face of the Dogecoin cryptocurrency. In 2010, two years after adopting Kabosu from a pet mill the place she would in any other case have been put down, Sato, a trainer from Sakura, east of Tokyo, took an image of her pet crossing her paws on the couch. Afterward, variations of the images utilizing overlaid Comedian Sans textual content have been posted from a Tumblr weblog Shiba Confessions.
The Japanese Shiba Inu, which impressed a technology of on-line jokes, handed away in Could 2024 after 14 years of web fame.