Dogecoin Meaning & Origin | Slang by Dictionary.com

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Wow, so currency!</p> </div> </div> <div class="atw-socials"> <ul> <li> <a href="https://facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.dictionary.com%2Fe%2Fslang%2Fdogecoin%2F" target="_blank" data-linkid="begyaa"> <i class="fa fa-facebook" aria-hidden="true"></i> </a> </li> <li> <a href="https://twitter.com/intent/tweet/?text=Dogecoin&url=https%3A%2F%2Fwww.dictionary.com%2Fe%2Fslang%2Fdogecoin%2F" target="_blank" data-linkid="agbu2i"> <i class="fa fa-twitter" aria-hidden="true"></i> </a> </li> </ul> </div> </div> <div class="article-word__row article-word__row--transparent article-word__row--flex"> <div class="ad ad-atw-hot-mobile atw-mobile-ad" id="ad-wrapper-atw-hot-mobile"> </div> <script> var adWrappers = document.getElementsByClassName('ad-atw-hot-mobile'); var getAdWrapper = () => { if (adWrappers.length === 1) { return adWrappers[0]; } else { for (adWrapper of adWrappers) { var childNodes = adWrapper.children; if (childNodes.length === 0) { var grandParentNode = adWrapper.parentNode.parentNode; var isVisibleNode = !(grandParentNode.style.display === 'none') if (isVisibleNode) { return adWrapper; } } } } } var adWrapper = getAdWrapper() if (adWrapper) { var adUnit = document.createElement('div'); if (isSovrn) { adUnit.classList.add('dictionary_right_rail_300x250_flex_2'); adUnit.setAttribute('data-text', 'Sovrn Advertisement'); adWrapper.appendChild(adUnit); var hasWindow = typeof window !== 'undefined'; var hasProperBuildSlots = hasWindow && typeof window.properBuildSlots !== 'undefined'; if (hasProperBuildSlots) { window.properBuildSlots(); }; } else { adUnit.id = 'crb-ad-slot-atw-hot-mobile' adUnit.setAttribute('data-text', 'GPT Advertisement'); var adContainer = document.createElement('div'); adContainer.classList.add("ad__container"); if ("") { adContainer.classList.add(""); } adContainer.id = "crb-ad-container-atw-hot-mobile"; adContainer.setAttribute('data-text', 'GPT Advertisement'); var adContainerInner = document.createElement('div'); adContainerInner.classList.add('ad__container-inner'); adContainerInner.id = "crb-ad-container-inner-atw-hot-mobile"; adContainerInner.setAttribute('data-text', 'GPT Advertisement'); adWrapper.appendChild(adUnit); adContainerInner.appendChild(adUnit); adContainer.appendChild(adContainerInner); adWrapper.appendChild(adContainer); } } </script> <div class="article-word__related-words"> <h2 class="article-word__row-title">Related words</h2> <a data-linkid="uqagl6" href="https://www.dictionary.com/e/slang/coin-flip/">coin flip</a>, <a data-linkid="uqagl6" href="https://www.dictionary.com/e/tech-science/cryptokitties/">CryptoKitties</a>, <a data-linkid="uqagl6" href="https://www.dictionary.com/e/memes/doge/">doge</a>, <a data-linkid="uqagl6" href="https://www.dictionary.com/e/acronyms/ico/">ICO</a></div> </div> <div class="article-word__row" id="origin"> <div class="article-word__origin"> <h2 class="article-word__row-title"> Where does Dogecoin come from? </h2> <div class="article-word__origin-content"> <div class="examples__item left"> <div class="examples__item__wrapper"> <div class="examples__item__content" style="height: auto;"> <span><img width="300" height="300" src="https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800-300x300.png" class="attachment-medium size-medium" alt="" loading="lazy" srcset="https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800-300x300.png 300w, https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800-150x150.png 150w, https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800-768x768.png 768w, https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800-83x83.png 83w, https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800-160x160.png 160w, https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800-380x380.png 380w, https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800-500x500.png 500w, https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800-700x700.png 700w, https://www.dictionary.com/e/wp-content/uploads/2021/02/20210201_dodgeCoin_800x800.png 801w" sizes="(max-width: 300px) 100vw, 300px" /></span> </div> <div class="examples__item__description"> </div> </div> </div> <p><i>Dogecoin </i>features the image of a Shiba Inu dog named Kabosu giving a curious sidelong glance. This picture is often referred to as the <em>doge meme</em>, popular online in the early 2010s. The meme displays a picture of Kabosu’s famed expression along with short, ungrammatical captions in Comic Sans.</p> <blockquote class="twitter-tweet" data-width="500" data-dnt="true"> <p lang="en" dir="ltr">I adapted the doge meme into a more relevant context for my life right now… it really speaks to me. <a href="https://twitter.com/hashtag/AcademicTwitter?src=hash&ref_src=twsrc%5Etfw">#AcademicTwitter</a> <a href="https://twitter.com/hashtag/Academia?src=hash&ref_src=twsrc%5Etfw">#Academia</a> <a href="https://twitter.com/hashtag/gradschool?src=hash&ref_src=twsrc%5Etfw">#gradschool</a> <a href="https://twitter.com/hashtag/doge?src=hash&ref_src=twsrc%5Etfw">#doge</a> <a href="https://t.co/B4ioBiBNfH">pic.twitter.com/B4ioBiBNfH</a></p> <p>— Anna Fagre (@annafagre) <a href="https://twitter.com/annafagre/status/1007390435713560576?ref_src=twsrc%5Etfw">June 14, 2018</a></p></blockquote> <p><script async src="https://www.dictionary.com/e/wp-content/themes/dictionary-com/js/build/bundle-theme-twitter-embeds.js"></script></p> <p><i>Dogecoin</i> is a digital currency like <a href="https://www.dictionary.com/browse/bitcoin" target="_blank" rel="noopener">Bitcoin</a> and other <a href="https://www.dictionary.com/browse/cryptocurrency" target="_blank" rel="noopener">cryptocurrencies</a> called <i>altcoins </i>(hence the <i>-coin</i> in <i>dogecoin</i>). It’s <a href="https://www.dictionary.com/browse/open-source" target="_blank" rel="noopener">open-source</a>, <a href="https://www.dictionary.com/browse/peer-to-peer" target="_blank" rel="noopener">peer-to-peer</a>, and decentralized. <i>Dogecoin</i> has been accepted at some online retailers and sent to people anonymously through social media.</p> <p><i>Dogecoin</i> first emerged in 2013 as a satirical tweet by Jackson Palmer, an Adobe Systems marketer, during the height of the doge meme’s popularity. After being encouraged by friends to make the <i>Dogecoin </i>joke a reality, he teamed up with programmer Billy Markus, who wanted to create a form of currency more accessible and marketable than Bitcoin.</p> <p>The new cryptocurrency exploded in popularity, by 2014 becoming the fifth largest cryptocurrency in use. Just a few short months after its inception, “Dogecon,” a convention for <i>Dogecoin</i> enthusiasts, was held in San Francisco.</p> <h3><strong>Why is <em>Dogecoin</em> trending?</strong></h3> <p><i><span style="font-weight: 400;">Dogecoin </span></i><span style="font-weight: 400;">made headlines in January 2021 after it became involved in a <a href="https://www.dictionary.com/browse/stock-market" target="_blank" rel="noopener">stock market</a> “war” between retail investors and <a href="https://www.dictionary.com/browse/hedge-fund" target="_blank" rel="noopener">hedge funds</a>. The <a href="https://www.dictionary.com/e/slang/subreddit/" target="_blank" rel="noopener">subreddit</a> /r/WallStreetBets had been encouraging users to invest in stocks from companies such as GameStop and AMC Entertainment that were the target of Wall Street <a href="https://www.dictionary.com/browse/short-seller" target="_blank" rel="noopener">short sellers</a>. In response, the subreddit /r/SatoshiStreetBets went along with the idea and encouraged users to invest heavily in </span><i><span style="font-weight: 400;">Dogecoin</span></i><span style="font-weight: 400;">, which caused the value of </span><i><span style="font-weight: 400;">Dogecoin </span></i><span style="font-weight: 400;">to increase over 900% in 24 hours. This surge was also fueled by influential tech CEO and billionaire Elon Musk, who had seemingly tweeted in support of the coin.</span></p> <blockquote class="twitter-tweet" data-width="500" data-dnt="true"> <p lang="und" dir="ltr"><a href="https://t.co/a6kmk0PEgM">pic.twitter.com/a6kmk0PEgM</a></p> <p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1354924057825837060?ref_src=twsrc%5Etfw">January 28, 2021</a></p></blockquote> <p><script async src="https://www.dictionary.com/e/wp-content/themes/dictionary-com/js/build/bundle-theme-twitter-embeds.js"></script></p> <p><span style="font-weight: 400;">A user of /r/SatoshiStreetBets going by “ChristmasChan” claimed </span><i><span style="font-weight: 400;">Dogecoin </span></i><span style="font-weight: 400;">“was chosen specifically because it is a joke coin.” The user also stated </span><i><span style="font-weight: 400;">Dogecoin </span></i><span style="font-weight: 400;">was being purchased as part of a movement opposed to “suits” from Wall Street. </span></p> </div> </div> </div> <div class="ad ad-atw-origin-mobile atw-mobile-ad" id="ad-wrapper-atw-origin-mobile"> </div> <script> var adWrappers = document.getElementsByClassName('ad-atw-origin-mobile'); var getAdWrapper = () => { if (adWrappers.length === 1) { return adWrappers[0]; } else { for (adWrapper of adWrappers) { var childNodes = adWrapper.children; if (childNodes.length === 0) { var grandParentNode = adWrapper.parentNode.parentNode; var isVisibleNode = !(grandParentNode.style.display === 'none') if (isVisibleNode) { return adWrapper; } } } } } var adWrapper = getAdWrapper() if (adWrapper) { var adUnit = document.createElement('div'); if (isSovrn) { adUnit.classList.add('dictionary_right_rail_300x250_flex_2'); adUnit.setAttribute('data-text', 'Sovrn Advertisement'); adWrapper.appendChild(adUnit); var hasWindow = typeof window !== 'undefined'; var hasProperBuildSlots = hasWindow && typeof window.properBuildSlots !== 'undefined'; if (hasProperBuildSlots) { window.properBuildSlots(); }; } else { adUnit.id = 'crb-ad-slot-atw-origin-mobile' adUnit.setAttribute('data-text', 'GPT Advertisement'); var adContainer = document.createElement('div'); adContainer.classList.add("ad__container"); if ("") { adContainer.classList.add(""); } adContainer.id = "crb-ad-container-atw-origin-mobile"; adContainer.setAttribute('data-text', 'GPT Advertisement'); var adContainerInner = document.createElement('div'); adContainerInner.classList.add('ad__container-inner'); adContainerInner.id = "crb-ad-container-inner-atw-origin-mobile"; adContainerInner.setAttribute('data-text', 'GPT Advertisement'); adWrapper.appendChild(adUnit); adContainerInner.appendChild(adUnit); adContainer.appendChild(adContainerInner); adWrapper.appendChild(adContainer); } } </script> <div class="article-word__row" id="examples"> <div class="article-word__examples"> <h2 class="article-word__row-title"> Examples of Dogecoin </h2> <div class="article-word__examples-list"> <div class="examples__item"> <div class="examples__item__wrapper"> <div class="examples__item__content text" style="border: 2px solid #92d6ff;"> <span>can you draw lulu with a tiny slotted on the 3rd belt on the left thanks your payment is 2 dogecoin</span> </div> <div class="examples__item__description"> @mopthelop<i>,</i> May 7, 2017 </div> </div> </div> <div class="examples__item"> <div class="examples__item__wrapper"> <div class="examples__item__content text" style="border: 2px solid #92d6ff;"> <span>Ten doge coins to the person who correctly guesses what this photo depicts.</span> </div> <div class="examples__item__description"> wordsareweapons1, Instagram<i>, </i>January 2017 </div> </div> </div> <div class="examples__item"> <div class="examples__item__wrapper"> <div class="examples__item__content text" style="border: 2px solid #92d6ff;"> <span>Dogecoin has been around for less than a month. In that time, the value of all dogecoins in existence has skyrockted [sic] from zero to more than $8 million.</span> </div> <div class="examples__item__description"> Timothy B. Lee, “Dogecoins and Litecoins and Peercoins oh my: What you need to know about Bitcoin alternatives,” <i>The Washington Post, </i>December 26, 2013 </div> </div> </div> </div> <div class="article-word__examples-actions"> <a href="#" data-close="SEE LESS EXAMPLES" data-open="SEE MORE EXAMPLES" > SEE MORE EXAMPLES </a> </div> </div> </div> <div class="article-word__row" id="usage"> <div class="article-word__usage"> <h2 class="article-word__row-title"> Who uses Dogecoin? </h2> <div class="usage__content clear"> <p>As with the original <i>doge</i> meme, the pronunciation of <i>Dogecoin</i> is up for debate. According to<i> Dogecoin</i> cofounder Jackson Palmer, the correct pronunciation is [ dohj koin ], based on how it was pronounced in the <i>Homestar Runner </i>skit that inspired the <i>doge</i> meme’s name.</p> <p>The correct symbol for <i>Dogecoin</i> currency is either <i>Ð</i> or <i>D</i>. For example, “Tammy has Ð300.” Its abbreviation for <a href="https://www.dictionary.com/browse/conversion" target="_blank" rel="noopener">conversions</a> is XDG, so it could be said that “2,100 in XDG is equivalent to ___ in USD,” with the blank number depending on current conversion rates. While some cryptocurrencies such as Bitcoin enjoy a high conversion rate to popular mainstream currencies, <i>Dogecoin</i> is usually worth much less in its exchange rate.</p> <p>The <i>Dogecoin</i> community has used the currency to raise charity donations of up to $30,000 for causes such as sending service dogs to families with children.</p> <p>Although<i> Dogecoin</i> typically has a historically low value (worth fractions of a penny), it has enjoyed a longstanding popularity rarely earned by cryptocurrencies.</p> </div> </div> </div> <div class="ad ad-atw-usage-mobile atw-mobile-ad" id="ad-wrapper-atw-usage-mobile"> </div> <script> var adWrappers = document.getElementsByClassName('ad-atw-usage-mobile'); var getAdWrapper = () => { if (adWrappers.length === 1) { return adWrappers[0]; } else { for (adWrapper of adWrappers) { var childNodes = adWrapper.children; if (childNodes.length === 0) { var grandParentNode = adWrapper.parentNode.parentNode; var isVisibleNode = !(grandParentNode.style.display === 'none') if (isVisibleNode) { return adWrapper; } } } } } var adWrapper = getAdWrapper() if (adWrapper) { var adUnit = document.createElement('div'); if (isSovrn) { adUnit.classList.add('dictionary_right_rail_300x250_flex_2'); adUnit.setAttribute('data-text', 'Sovrn Advertisement'); adWrapper.appendChild(adUnit); var hasWindow = typeof window !== 'undefined'; var hasProperBuildSlots = hasWindow && typeof window.properBuildSlots !== 'undefined'; if (hasProperBuildSlots) { window.properBuildSlots(); }; } else { adUnit.id = 'crb-ad-slot-atw-usage-mobile' adUnit.setAttribute('data-text', 'GPT Advertisement'); var adContainer = document.createElement('div'); adContainer.classList.add("ad__container"); if ("") { adContainer.classList.add(""); } adContainer.id = "crb-ad-container-atw-usage-mobile"; adContainer.setAttribute('data-text', 'GPT Advertisement'); var adContainerInner = document.createElement('div'); adContainerInner.classList.add('ad__container-inner'); adContainerInner.id = "crb-ad-container-inner-atw-usage-mobile"; adContainerInner.setAttribute('data-text', 'GPT Advertisement'); adWrapper.appendChild(adUnit); adContainerInner.appendChild(adUnit); adContainer.appendChild(adContainerInner); adWrapper.appendChild(adContainer); } } </script> <div class="article-word__row"> <div class="article-word__just-added"> <h2 class="article-word__row-title">Just Added</h2> <a href="https://www.dictionary.com/e/slang/recession-brunette/">recession brunette</a>, <a href="https://www.dictionary.com/e/slang/cutty/">cutty</a>, <a href="https://www.dictionary.com/e/slang/brainrot/">brainrot</a>, <a href="https://www.dictionary.com/e/slang/midwest-nice/">Midwest nice</a>, <a href="https://www.dictionary.com/e/pop-culture/brat/">brat</a></div> </div> <div class="article-word__row"> <div class="article-word__note"> <h2 class="article-word__row-title">Note</h2> <p> This is not meant to be a formal definition of Dogecoin like most terms we define on Dictionary.com, but is rather an informal word summary that hopefully touches upon the key aspects of the meaning and usage of Dogecoin that will help our users expand their word mastery. </p> </div> </div> </article> <div class="ad ad-bottom atw-desktop-ad" id="ad-wrapper-bottom"> </div> <script> var adWrappers = document.getElementsByClassName('ad-bottom'); 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Dogecoin Meaning & Origin | Slang by Dictionary.com