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The price of Dogecoin, created to poke fun at cryptocurrency, is above 10 cents

  • April 14, 2021
  • Technology

Cryptocurrency is so popular even a spoof coin featuring the face of a Shiba Inu is rising in value.

The price of Dogecoin (pronounced “doh-j”) was up to 13 cents as of Wednesday morning, according to the cryptocurrency news site Coindesk.

The “memecoin” was created in 2013 as a joke poking fun at the surge in digital coins, Coindesk says. Dogecoin was inspired by the popular Doge meme, which stars the image of a Shiba Inu staring sideways at the camera with raised eyebrows, according to the website Know Your Meme.

Arguably, Dogecoin’s most popular fan is Tesla and SpaceX CEO Elon Musk, who tweeted Wednesday a GIF of a Shiba Inu smiling.

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Follow Brett Molina on Twitter: @brettmolina23.

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