Dogecoin Price Surge Sparks Wave Of Memes As Investors Celebrate Spike
The meme-inspired cryptocurrency’s value has shot up by around 80 percent over the last 24 hours and was up by 85 percent at 3 a.m. on Friday. Dogecoin reached an all-time high of $0.298316 late on Thursday night. Dogecoin emerged in 2013 as a joke when Jackson Palmer and Billy Markus transformed the doge meme into a cryptocurrency to satirize the growing popularity of altcoins, according to Coindesk. Co-founder Billy Markus told Newsweek in March that dogecoin “was made in about three hours, with the bulk of that time customizing the look of the client....