In 2013, two programmers named Billy Markus and Jackson Palmer created Dogecoin that was based on the underlying code of an existing cryptocurrency.
Their objective was to make a parody on the thriving cryptocurrency industry at the time.
As a result, Dogecoin became the first “meme coin.”
Kabosu, a cherished Shiba Inu dog, was mostly responsible for the meme’s popularity.
Kabosu has her own Instagram account created by her owner, Atsuko Sato. The pooch recently celebrated its 17th birthday on November 2. The social media account’s photo has garnered more than 55,000 likes.