clock menu more-arrow no yes mobile

Filed under:

Bitcoin is so 2013: Dogecoin is the new cryptocurrency on the block

New, 164 comments
Dogecoin logo
Dogecoin logo

It was only a matter of time before the 2013 meme of the year tried to turn his success into financial gain. Enter Dogecoin: a Bitcoin-like cryptocurrency that seems to have started as a joke and is beginning to actually accumulate some value. As with most things meme, there's a community on Reddit called Dogemarket where users are trading Dogecoin for actual, real-world items — though as of today, a single Dogecoin is worth only $0.00023.

That's a far cry from the $735 or so Bitcoin is trading at currently, but you have to start somewhere. Despite that low value, users are actively trading and mining the new currency, and a massive forum thread has sprung up over the last week with Dogecoin fanatics sharing resources and testing different mining setups. If you want to get in on the fun, the official Dogecoin site as well as have plenty of resources to get you started. But if you're interested, don't delay — there's a cap of 100,000,000,000 on Dogecoin. While Doge may be an enduring meme, we'll have to see if Dogecoin has any staying power.