Dogecoin price in INR: ₹20
The founders created Dogecoin as a parody —essentially poking fun of the original Shiba Inu meme — and thought of the entire project as a joke. What isn't funny is the number of people who took their love for dogs, Shiba Inus, memes and crypto seriously.
The Doge coin is currently the tenth most valuable cryptocurrency in the market. Launched in 2013, it was actually the first currency to have a Shiba Inu dog as its mascot. But, since then, it has spurred a whole legion of Shiba Inus-based cryptocurrencies like the Shiba Coin, Prince Floki, FatDoge and others.
Dogecoin even has a brand ambassador, albeit in an unofficial capacity — Tesla and SpaceX CEO, billionaire Elon Musk. He has publicly stated his liking for this coin on multiple occasions, some may even say one too many. It is one of the few ‘altcoins’ with no supply limit, yet it has seen a 7623% rise this year so far.