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. 

최고의 밈 코인인 Dogecoin(DOGE)이 오늘 10주년을 맞이했습니다. 암호화폐 토큰은 2013년 12월 6일에 처음 출시되었습니다. 10년 후, "농담"으로 처음 만들어진 것은 계속해서 가장 큰 암호화폐 중 하나가 되었습니다. 부팅할 대규모 커뮤니티가 있습니다.

How Dogecoin Came To Be

Engineers Billy Markus and Jackson Palmer created Dogecoin, and interestingly, the duo is said to have created the meme coin as a parody of Bitcoin. It was created at a time when cryptocurrencies were just garnering hype and was done as a way to satirize them. That would explain why the Japanese Shiba Inu dog was chosen as the meme coin’s logo.

엔지니어인 Billy Markus와 Jackson Palmer가 Dogecoin을 만들었고, 흥미롭게도 두 사람이 비트코인을 패러디하여 밈 코인을 만들었다고 합니다. 암호화폐가 막 과대평가되던 시기에 만들어졌고 이를 풍자하기 위한 방법으로 만들어졌습니다. 일본의 시바견이 밈 코인의 로고로 선택된 이유가 설명될 것입니다.

Upon creation, Dogecoin began to gain some ground in the world of cryptocurrencies as it was seen as the fun and less serious crypto token. Many might argue that that remains DOGE’s standout feature to date. It is a token that has continued to thrive despite not necessarily having a roadmap or actual utility. Rather, it has simply relied on vibes and its light-hearted community. 

Aside from being created as a parody of Bitcoin, Dogecoin and the foremost cryptocurrency also share a bond. Dogecoin happens to be a fork of Litecoin, which in turn is a hard fork of Bitcoin. The relationship between Dogecoin and Litecoin is also not pronounced, but the former is said to have merged-mined with the latter back in 2014. 

Dogecoin’s community was one of its pillars from the get-go from the onset. They were partly responsible for building its popularity and increasing its utility at its early stages. In 2014, the community raised close to 27 million DOGE to send the Jamaican bobsled team to the Sochi Winter Olympics. They also raised 40 million DOGE in that same year for a community project in Kenya. 

Meanwhile, the meme coin’s popularity on Reddit earned it one of its earliest use cases as it was (and is still) used for tipping users on the site. 

한편, Reddit에서 밈 코인의 인기는 사이트에서 사용자에게 팁을 제공하는 데 사용되는(그리고 여전히) 초기 사용 사례 중 하나를 얻었습니다.

Dogecoin’s Meteoric Rise

Dogecoin의 급격한 상승

The world’s richest man, Elon Musk, has undoubtedly been integral to DOGE’s rise to the top. The first time he publicly commented about the meme coin was in 2019 when he said, “Dogecoin might be my fav cryptocurrency. It’s pretty cool.” 

Since then, Musk has gone on to make several cryptic comments about the meme coin which has in no small way contributed to its popularity. Beyond his fondness for Dogecoin, Musk is also reportedly invested in the meme coin’s development. 

그 이후로 머스크는 밈 코인에 대해 여러 가지 비밀스러운 논평을 했고 이는 그 인기에 적지 않게 기여했습니다. 머스크는 Dogecoin을 좋아하는 것 외에도 밈 코인 개발에도 투자한 것으로 알려졌습니다.

DOGE’s breakout year came in 2021 when the meme coin surged by over 26,000% to hit an all-time high of $0.7376. This meteoric rise could be partly attributed to the wider acceptance DOGE began to enjoy. For instance, NBA team Dallas Mavericks began accepting the meme coin as a payment option. 

Related Reading: Crypto Analyst Sheds Light On When The XRP Price Will Reach $10,000

관련 읽기: 암호화폐 분석가는 XRP 가격이 10,000달러에 도달할 때를 밝힙니다.

Musk’s biggest support for Dogecoin also came that year when he appeared as the host of “Saturday Night Live,” where he discussed the meme coin several times. At one point, while explaining what Dogecoin was, he called it the “future of currency.” 

All this while, Dogecoin made its way to the top, breaking into the top 10 cryptocurrencies by market cap. The meme coin currently leads the way among other meme coins and happens to be the second-largest PoW (proof-of-work) token by market cap (just behind Bitcoin).

At the time of writing, DOGE is trading at $0.10 (on its 10th birthday), up by over 15% in the last 24 hours, according to data from CoinMarketCap. 

CoinMarketCap의 데이터에 따르면 이 글을 쓰는 시점에서 DOGE는 지난 24시간 동안 15% 이상 오른 0.10달러(창립 10주년)에 거래되고 있습니다.