Buy Dogecoin in Australia on CoinJar

Buy Dogecoin Australia: Dogecoin is a (or digital currency) that was created in 2013 as a joke, and it was based on a dog meme that was famous at time. However, strangely, it now is the cryptocurrency with the 8th-highest (at the time of writing, August 2024).

What is DOGE? What is Dogecoin?

DOGE is a . The branding of the cryptocurrency is based around a viral internet meme of a Shiba Inu dog, nicknamed “Doge”, who speaks in broken English and expresses various emotions. DOGE runs on the Ethereum blockchain.

The History of Dogecoin

Dogecoin was launched on December 6, 2013, by two software engineers, Billy Markus and Jackson Palmer. They wanted to create a parody of Bitcoin and other cryptocurrencies, that would appeal to a wider audience and make fun of the hype and speculation in the crypto space.

Markus and Palmer chose the DOGE meme as the inspiration for their coin. Dogecoin quickly gained popularity and attention, thanks to its funny and friendly nature, and its active and supportive community.

Dogecoin also became a popular way of tipping and rewarding content creators and users on social media platforms, such as Reddit, Twitter, and Twitch.

Where Did the DOGE Come From?

The doge meme originated from a 2010 photo of a Shiba Inu dog named Kabosu, who was adopted by a Japanese kindergarten teacher named Atsuko Sato. Sato posted several photos of Kabosu on her blog, and one of them showed the dog looking sideways at the camera with a curious expression.

This photo became viral on the internet, and people started adding captions to it in Comic Sans font, using broken English and modifiers like “so”, “such”, “many”, “much”, and “very”.

Why is Dogecoin Popular?

-It has a loyal and enthusiastic community, which is active and supportive on various online platforms.

-It has a low price and high supply, which make it accessible and affordable.

-It is high speed and has low fees.

But:

-Dogecoin was originally created as a joke and has no use case or innovation that can't be met by other existing coins.

What are the Uses of Dogecoin?

-Tipping and r content creators and users on social media platforms, such as Reddit, Twitter, and Twitch, for providing interesting or valuable content.

-Donating and fundraising for various causes and projects, such as supporting athletes, artists, charities, and communities around the world.

-Buying and selling goods and services , including real estate.

-Trading and investing in the cryptocurrency market, as Dogecoin is widely available and accepted on many exchanges and platforms. It has shown high volatility however.

Dogecoin and Popular Culture

Dogecoin has over on X, at the time of writing. Dogecoin is often referenced in various media outlets, platforms, and events.

-Saturday Night Live: Dogecoin was the on the popular comedy show, where Elon Musk played a character called “The Dogefather”, who tried to explain what Dogecoin is, and ended up saying that it is “a hustle”. This actually caused the price of DOGE to go down afterwards.

-Time Magazine: Dogecoin was mentioned and praised by Elon Musk in his with Time Magazine, where he was named the Person of the Year for 2023.

-TikTok: Dogecoin was the subject of a on the popular video-sharing app, where users encouraged each other to buy Dogecoin and push its price to $1.

Ready to start buying Dogecoin (DOGE)?

Many cryptocurrency exchanges allow you to trade Dogecoin, using methods including linking your Australian bank account as a payment method and using Australian dollars (AUD) as your fiat currency. You could be buying Dogecoin (DOGE) in minutes.

Most crypto exchanges will list Dogecoin. If you encounter any issues along the way, remember that most platforms offer customer support to assist you.