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The foremost meme coin, Dogecoin (DOGE), turns 10 today, with the crypto token first being introduced on December 6, 2013. Ten years on, what was first created as a “joke” has gone on to become one of the largest cryptocurrencies with a large community to boot.
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While the Dogecoin price has seen positive headwinds over the last year, it has no doubt performed poorly compared to some altcoins in the market. This could mean that there is a delayed rally coming for the altcoin and this could suggest a massive pump when this does happen.
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With the release of the Tesla CyberTruck, the crypto community on X (formerly Twitter) has been abuzz with possibilities of what this could mean for Dogecoin. More specifically, if CEO Elon Musk will finally implement Dogecoin payments for Tesla’s vehicles for the first time in history.
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The Dogecoin open interest has seen a good amount of growth over the last few months, culminating in the total finally crossing the $500 million threshold.
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Dogecoin founder, Billy Marcus has condemned DAOs, criticizing flaws in their fundamental design as a shared governance and expressing doubts about their viability over time within the crypto space.
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Dogecoin (DOGE) is about to take off, but this time around, not just on the charts but to the moon. This is going to happen through a project funded by the meme coin, which has been on the horizon for some time now.
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