When was Dogecoin First Launched? Check out the history of DOGE here!

Bittime - Dogecoin , a digital asset originally created as a joke, is now one of the most popular cryptocurrencies in the world. Created by Billy Markus and Jackson Palmer in 2013, Dogecoin has experienced an incredible journey that has made it recognizable among investors and the digital community.

What is the history of Dogecoin? And when was Dogecoin first launched? This article will answer all that for you.

Dogecoin History: Unusual Beginnings

Dogecoin was launched on December 6, 2013 as a project inspired by the popular Doge meme. This meme features a Shiba Inu dog with colorful, humorous text.

Billy Markus, a software engineer from Oregon, along with Jackson Palmer from Adobe, created Dogecoin to bring something more casual to the then-serious world of digital assets.

Also read: If You Invested $1,000 in DOGE in 2021, It's Worth It Now!

When launched, Dogecoin immediately gained attention in digital communities such as Reddit. In no time, the digital asset was being used as a tipping tool to reward creative content on the platform. In fact, just two weeks after its launch, the number of Dogecoin transactions per day exceeded Bitcoin.

Dogecoin Price from the Beginning to the Present

Dogecoin's price at launch was very low, only around $0.00026. This made it easily accessible to anyone, especially among the online community who enthusiastically supported the project. Dogecoin's surge in popularity occurred in 2021 when high-profile figures like Elon Musk began to publicly support it.

At its peak in May 2021, the Dogecoin price reached a record high of $0.7376, an increase of thousands of percent over its initial price. Today, Dogecoin remains one of the digital assets with a large market capitalization, although its price has fluctuated along with the general crypto market changes.

Also read: 10 Pros and Cons of Dogecoin, Important Before Investing!

When was Dogecoin launched and why is it so popular?

Dogecoin was first launched in December 2013, but its popularity exploded thanks to a supportive community and innovative charity projects.

One example is the fundraising to send the Jamaican bobsled team to the 2014 Winter Olympics. Initiatives like this show how Dogecoin is not just a digital asset, but also a symbol of the power of a caring community.

Conclusion

Dogecoin's history proves that even a simple idea can grow into something big.

From its initial launch on December 6, 2013 to becoming one of the most popular digital assets, Dogecoin has continued to capture the world's attention. Dogecoin's volatile price and active community keep DOGE relevant in the crypto world to this day.

FAQ

What is Dogecoin?

Dogecoin is a blockchain-based digital asset that was originally created as a joke in 2013, inspired by the popular Doge meme.

When did Dogecoin launch?

Dogecoin was first launched on December 6, 2013 by Billy Markus and Jackson Palmer.

Why is Dogecoin so popular?

Dogecoin became popular thanks to an active community, endorsements from famous personalities such as Elon Musk, as well as charitable projects carried out through its use.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

References

dogecoin.com, The History of Dogecoin, accessed on January 21, 2025.

Author: AWW