Dogecoin Surges 10% in a Day as Popular Meme Coin Celebrates 10th Anniversary

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By BitcoinWiki News

Key Takeaways:

– Dogecoin (DOGE) has gained more than 10% over the past day as the cryptocurrency celebrates its tenth anniversary
– At the time of writing, Dogecoin is trading at $0.09909, up by 10% over the past 24 hours
– Dogecoin was created by software engineers Billy Markus and Jackson Palmer
– It was created with the intention of being a fun and accessible cryptocurrency, not a serious investment or a rival to Bitcoin
– Elon Musk has endorsed Dogecoin in numerous tweets, sparking excitement and speculation among traders
– Musk has even been sued for $258 billion for influencing the price of Dogecoin with his tweets


Section 1: Dogecoin Value
Dogecoin (DOGE) has gained more than 10% over the past day, currently trading at $0.09909, marking a decade since its inception.

Section 2: Dogecoin Creation
Dogecoin was created by software engineers Billy Markus and Jackson Palmer in 2013 during the cryptocurrency boom. It was inspired by the popular “Doge” internet meme featuring a Shiba Inu dog and aimed to create a fun and accessible cryptocurrency.

Section 3: Elon Musk’s Support of Dogecoin
Elon Musk has endorsed Dogecoin in several tweets, leading to excitement and speculation among traders. His influence has even led to the creation of other meme coins.

Section 4: Legal Issues
Musk has been sued for influencing the price of Dogecoin with his tweets, with the lawsuit accusing him and his companies of running a “pyramid scheme” to inflate the price of the meme coin.

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