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DogeCoin just hit 20 cents: Why that has the internet excited – CNET

Here’s why you’re going to be seeing DogeCoin memes on your Twitter and Facebook accounts.



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DogeCoin, initially designed¬†to parody cryptocurrencies, reached a milestone this Thursday when the price soared to over 20 cents, the first time the cryptocurrency exceeded 20 cents in value. The market cap of DogeCoin — which started as a joke and is literally classified as “a memecoin” — is currently just over $30 billion.
It’s the culmination of a semi-ironic movement that’s involved thousands of buyers, tens of thousands of online posters and the world’s richest man, Elon Musk. Just like…

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