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Wayback in time, quick look at Dogecoin

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Wayback in time, quick look at Dogecoin

Some days ago I was totally surprised to find out that Dogecoin was actually created back in 2013.

Created by Billy Markus and Jackson Palmer. It was officially launched on December 6, 2013 and had over a million visitors on its website within its first month. On December 19, 2013 it already had a large pump rising from $0.00026 to $0.00095 (nearly 300%). Then 3 days later it crashed, losing 80% of its value.

the background had words popping up in a manner of the doge meme \"such currency\"

There's a lot of history behind the coin. With hacks, large pumps and the community getting together to "SaveDogemas", to help those who had their coins stolen.

I won't be going deep into the story behind Doge. I was more curious about when Dogecoin started appearing on the top50 list. The earliest date that I could find on CoinMarketCap where Dogecoin appears in the top50 is December 18, 2013.

Market Caps 18-dec
BTC: $6,781,166,595
LTC: $406,447,486
DOGE: $2,157,056

https://preview.redd.it/hv320uby4gja1.png?921&format=png&auto=webp&s=293f675b4e0bf0599a27137139762df9b3593429

Then within a few days on December 21 it had already tripled its market cap and rose to the 13th position.

Market Caps 21-dec
BTC: $ 7,648,316,316
LTC: $ 431,322,613
DOGE: $ 6,015,886

Then a huge pump started in the midst of January, 2014. Where they finally broke into the Top10 coins by market cap. Quickly rising and surpassing many coins.

Jan 14, 2014 - $8,178,613

Jan 18, 2014 - $18,079,398

By January 18 it was already in the Top 10 and it wasn't even finished pumping. Reaching the peak of the pump on Jan 21 with a market cap of over $76 million.

https://preview.redd.it/3u7ubcoq8gja1.png?1125&format=png&auto=webp&s=b3f842246668a47032fac1a8fe9127b7b71feab5

I'm just sharing this because I was surprised to see that Dogecoin was already a top10 way back then. I don't even like Dogecoin at all but it's so crazy to think a memecoin was created and within 2 weeks was already in the Top 50 coins and less than 2 months after it was a Top 10 coin.

Many of those coins in the last image are completely dead now but Dogecoin is still alive and all.

submitted by /u/TheOtherCoolCat
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