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Speaking of Dogecoin (Doge), it is indeed a special presence in the crypto world.
Think about it—Bitcoin follows a serious "digital gold" path, Ethereum is pursuing the grand "world computer" vision, but what about Dogecoin? From the very beginning, it was a joke.
**The origin story is a bit funny**
In 2013, two developers couldn't stand the prevailing atmosphere in the crypto space anymore. The screen was filled with obscure technical papers and outrageous speculation stories. So they decided—simply take the popular Shiba Inu meme at the time and slap it onto open-source code, and thus Dogecoin was born.
The founders' original intention was actually a joke: "Look, I just made a coin with a dog’s face, will you guys buy it too?" And what happened? Ten years later, this "joke" has outlived expectations by a lot.
**From joke to practicality**
In the early days, on communities like Reddit, because the price was super cheap and transfers were fast, people used it for tipping. Did a high-quality post? Tip you 100 Dogecoins. Simple, casual, with a community vibe.
Later, its use cases gradually expanded—Tesla tried accepting it as payment, the NBA’s Dallas Mavericks also supported using Doge to buy team merchandise. From small tips to a real medium of exchange.
**What does it represent**
Don’t underestimate it. Dogecoin is the pioneer of the Meme coin track. Its price fluctuations to some extent reflect retail investors’ sentiment. When Doge surges, it often indicates abundant market liquidity and high popularity. This coin itself acts like an emotional barometer.