Dogecoin is one of the most talked about currencies since the “blue hundred dollar bill”. Dogecoin is a cryptocurrency invented by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system that is free from traditional banking fees. Dogecoin features the face of the Shiba Inu dog from the “Doge” meme as its logo.
At time of publication Dogecoin hit an “ALL TIME HIGH” of $0.55. The meme coin that started off as a joke has investor laughing “all the way to the bank”. The epic upward movement of dogecoin has been credited to a massive social media army of supporters including celebrities like Snoop Dogg, Mark Cuban, and Elon Musk.
Elon Musk is set to host SNL of May 8th where it is anticipated that the “Dogefather” will incorporate the meme coin on the worldwide show which may send the already successful stock to the moon.