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Dogecoin

Maesot, Thailand- June 5, 2021:Dogecoin standing in front with background of the currency chart, New concept cryptocurrency virtual money is the future of digital currency online financial payments.

Dogecoin’s popularity seems to be growing nonstop as the meme coin has now made its way into popular culture. The digital asset’s recent performance on the popular animated show Futurama outlines the far reach of this cryptocurrency which was created as nothing but a joke on Bitcoin.

Futurama Goes To Dogecoin City

In Season 11, Episode 3 of the Futurama show which was revived by streaming platform Hulu, the cast of the show explores cryptocurrencies with a particular focus on Dogecoin. In the episode titled “How the West Was 1010001”, the cast visits an aptly named Doge City whose residents’ main source of income was cryptocurrency mining.

With this appearance, Dogecoin has now joined the likes of Bitcoin and Ethereum which have been mentioned and referred to on multiple TV shows. It could also point to Dogecoin leaving the realm of being known across just crypto spheres after being projected to millions of Futurama fans across the globe.

Followers of the series have often been described as cult-like, and showing DOGE on the show could open up an avenue for new investors to come into the fold. Additionally, it could lead to the altcoin being picked up by other TV shows.

DOGE price declines to $0.073 | Source: DOGEUSD on Tradingview.com

DOGE Founder Responds

One of the founders of Dogecoin Billy Markus, has been vocal about the altcoin following its surge in popularity in 2021, and the appearance in Futurama was acknowledged by him. Taking to X (formerly Twitter), the founder tweeted that “the silly thing I made 10 years ago made it to a Futurama episode.”

This tweet alludes to the fact that founders Billy Markus and Jackson Palmer, both software engineers at the time, had created DOGE as something that makes fun of Bitcoin and the many cryptocurrencies popping up about a decade ago.

Following its creation, the coin would fade into obscurity for a number of years. And Markus himself has also revealed that he sold all of his DOGE back in 2015, the proceeds of which he used to buy a used Honda Civic. However, in 2021, billionaire Elon Musk began actively tweeting about and promoting the meme coin, causing its price to skyrocket by over 1,000%.

Currently, DOGE is the 7th-largest cryptocurrency with a market cap of $10.48 billion, beating out the likes of Cardano and Solana. But the token’s inherent lack of utility and high inflation continues to be a point of concern for investors. Nevertheless, this has not dampened its growth rate, boasting over 5 million holders in 2023.

Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet… Featured image from iStock, chart from TradingView.com





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