Dogecoin (DOGE) Surpassed $1 Billion on This Date Seven Years Ago: Details

Cover image via U.Today

Dogecoin (DOGE), the dog-themed cryptocurrency, has reached a significant milestone in its history. On December 22, 2017, Dogecoin's market capitalization surpassed $1 billion for the first time.

To commemorate this milestone, the Dogecoin Foundation tweeted: "Seven years ago, on 2017-12-22, this happened," along with a screenshot highlighting the historic moment.

Dogecoin was created in December 2013 by Billy Markus and Jackson Palmer as a joke. However, it quickly gained a strong community of supporters and achieved a billion-dollar market capitalization in late 2017.

Seven years later, Dogecoin is still thriving, with a market capitalization of $46.13 billion and a current price of $0.313. It is now the seventh largest cryptocurrency by market capitalization and has over 6.6 million holders, according to IntoTheBlock.

Community Reminder

Mishaboar, a prominent Dogecoin community member, has issued a crucial reminder to Dogecoin holders. The popular online Dogecoin wallet, Dogechain, was shut down in July, and users were given until December 31 to download their private keys. Mishaboar emphasized this deadline in a tweet.

Mishaboar also reiterated the importance of only using the Dogechain.info domain when downloading private keys, as the .com domain has been used for phishing attacks in the past.