Elon Musk’s support has significantly transformed Dogecoin, elevating it from a joke to a notable cryptocurrency, influenced mainly by his active engagement on social media.
Originally created as a joke by developers Billy Markus and Jackson Palmer in 2013, Dogecoin saw a major price increase beginning with Musk’s involvement in 2018, leading to widespread adoption.
With Dogecoin gaining attention again in early 2025, Musk’s association with it has led to its price surges, although he claims to only enjoy the meme aspect of the coin.
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