How do I pronounce Dogecoin?
DOGECOIN is a cryptocurrency revelation and has skyrocketed in popularity since its inception in 2013.
It has been a topic of conversation and debate for years, but how do you pronounce it and what even is it? Here’s what you need to know.
How to pronounce Dogecoin
The word doge itself can be traced back to 2005, and its pronunciation varies from country to country.
These variations tend to be different in English speaking and non-English speaking countries.
This includes those who prefer to pronounce the first syllable like “dog” or “doggy,” or even those that favour “dodge.”
However, according to the cryptocurrency’s co-founder, Billy Markus, the correct pronunciation is “dojh" coin.
What is dogecoin?
is a that was started as a joke in 2013.
The centred on the image of a Shiba Inu dog, with reference to user’s bad spelling habits of “doge” instead of “dog.”
Developers initially made the coin to parody Bitcoin, yet it began to grow in popularity through the 2010s.
For example, nearly two weeks after its launch, the value of it jumped 300 per cent after China banned banks from investing in cryptocurrencies, according to Investopedia.
Yet, on April 13, 2021, it reached a value of $0.09518 per coin, according to crypto data firm CoinMarketCap.
It led the financial Conduct Authority (FCA) to warn people about the risks of investing in cryptocurrencies.
Who are dogecoins founders?
Dogecoin was founded by in 2013.
The pair worked as separate software engineers before joining forces to create the cryptocurrency phenomenon.
At the time, Markus was working for IBM from Portland, Oregon, while Palmer was a member of the Adobe Systems Marketing Department in Sydney.
Markus then reached out to Jackson Palmer and jokingly tweeted, “Investing in Dogecoin, pretty sure it’s the next big thing.”
However, neither work on the project anymore with Mr Markus telling the Wall Street Journal that he sold all of his dogecoin in 2015.
He said: “The idea of dogecoin being worth 8 cents is the same as GameStop being worth $325,”
“It doesn’t make sense. It’s super absurd. The coin design was absurd.”
The move to do so came despite the mainstream attention that was brought to the cryptocurrency by who made a string of comments online.
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Among them, the technology billionaire posted a satirical news article about "crazy imaginary internet money," alongside a meme with the caption "Dogecoin rulz.”
He also changed his Twitter bio to read: "CEO of Dogecoin."