Meme-based cryptocurrency Dogecoin (CRYPTO: DOGE) described itself because the longest-running and most profitable “joke” in monetary historical past on Thursday.
‘Highest-Grossing Joke’
Dogecoin embraced its meme origins in an X submit, including, “If Dogecoin is a joke, it’s the longest-running, highest-grossing joke in monetary historical past.”
Tracing Dogecoin’s Journey
Born in 2013 from the enduring Shiba Inu meme as a lighthearted experiment, Dogecoin has surged a whopping 16104.52% since then.
It boasts a market capitalization of over $13 billion as of this writing, increased than that of Domino’s Pizza Inc. (NASDAQ:DPZ). At its peak, it was valued at over $82 billion.
DOGE’s Utility
RadioDoge is one other anticipated use case which aims to enable DOGE transactions over radio waves, bypassing the necessity for conventional web entry. It’s presently beneath growth.
Recently, bearish cryptocurrency market circumstances have eroded its value, leading to a forty five% decline over the past yr and a further 22% loss in 2026 thus far.
Value Motion: On the time of writing, DOGE was exchanging fingers at $0.09044, up 0.11% within the final 24 hours, based on data from Benzinga Pro.
The Grayscale Dogecoin ETF closed 2.78% decrease at $10.60 on Thursday. In accordance with Benzinga’s Edge Inventory Rankings, the inventory reveals weak value momentum in short-, medium-, and long-term traits.
Picture Courtesy: Akif CUBUK on Shutterstock.com
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