The top dog memecoin Dogecoin (DOGE) celebrated its ninth birthday on December 7th, 2022. However, the leading memecurrency lost 59.6% of its market price since the beginning of the year. The trials and tribulations of the grim crypto winter didnโt stop the DOGE Army from sharing light-hearted memes daily and words of encouragement for each other.
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Meanwhile, the DOGE developer team is grinding hard to bring new features to the self-sufficient 9-year-old memecoin. Among the accomplishments in 2022, DOGE also made significant progress in adoption. As the story goes, DOGE, once created as a joke by the mad programmer Billy Markus, is destined to become the centerpiece of a new, decentralized financial system.
#DogecoinToTheMoon #Dogecoin #Dogefamily #doge pic.twitter.com/zEIgL7njf1
— Meri Scota (@KaWaTor144) December 30, 2022
1) Twitter Takeover
On October 27th, 2022, the worldโs then-richest man Elon Musk finalized his Twitter acquisition deal for $44 million, thus changing the setting of the micro-blogging platform forever. Following the news, DOGE doubled its market capitalization, reaching a tremendous $19.47bn on November 2nd, 2022.
2) DOGE Tip Jar
The DOGE Tipping Jar extension has been in talks since the beginning of the year and was finally launched on 27th December 2022. The strong and united community behind DOGE nicknamed every Tuesday a โTipping Tuesday.โ
During Tipping Tuesdays, crypto enthusiasts would draw pictures, make memes, perform songs on Twitter throughout the year, and collect tips in DOGE. Now every website owner can integrate the DOGE Tip Jar into their website and collect donations in the top dog crypto.
An appreciation post for one of our shibes @alphadoge777 who has sent over 200K dogecoin in tips this year.
— DogeDesigner (@cb_doge) December 29, 2022
Dogecoin is the OG Tipping Currency of the internet. DogeFam loves to spread kindness & tips. #DoOnlyGoodEveryday pic.twitter.com/qkMbN5mrGy
3) Tesla and the Boring Company
While both of Elon Muskโs companies started accepting DOGE for merch, residents of the Vegas Loop received the sweetest treat. Every crypto enthusiast visiting the City Of Sins can pay just $2.50 in DOGE to take an unforgettable ride around the Las Vegas Loop. At press time, $2.50 converts to 37 Dogecoins, which gives the customer a full-day pass.
A Day Pass at The Boring Company's Vegas Loop costs 36 Doge.
— DogeDesigner (@cb_doge) December 9, 2022
Book a Ride, Pay in Dogecoin: https://t.co/ZCgH3WG9Fk pic.twitter.com/FC8zRhq3Ym
4) Google Accepting DOGE
The IT behemoth Google declared that it would start accepting cryptocurrencies for business customers. The Google Cloud service will offer payments in ten popular cryptocurrencies, including but not limited to the father of all cryptos Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB).
5) DOGE and Ukrainian Armies Join Forces
The popular memecoin helped Ukrainian soldiers defend their country against the invaders. Even though Russia is also in the TOP 10 by crypto adoption, cryptocurrencies play a far more significant role in Ukraine.
The Deputy Minister of Digital Transformation of Ukraine, Alex Bornyakov, said that โcryptocurrencies save the lives of our soldiers,โ mainly because of the higher speed and flexibility compared to traditional banking systems. Ultimately, NAFO, an internet meme movement that aims to fight against the disinformation spread by the disgraced occupier, uses the same Kabosu dog as its mascot.
Dogecoinโs meme game is strong - but you will notice, if you use it, that it has real practical advantages.
— Mishaboar (@mishaboar) March 2, 2022
Compared to BTC, youโll notice it is cheap/fast to transfer while still being safe - so people can donate with minuscule fees.
On the Flipside
- Kabosu, the Japanese guard dog that inspired Dogecoin (DOGE) and arch-nemesis Shiba Inu (SHIB), is seriously ill with cancer.
Why You Should Care
Dogecoin is one of the most widely covered cryptocurrencies by the mass media. On top of that, DOGE generates a substantial amount of social mentions for crypto on social media.
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