The birth of Dogecoin

In 2013, two programmers, Billy Markus and Jackson Palmer, created a digital currency called 'Dogecoin' for fun, based on the popular 'Shiba Inu dog meme'. Initially, they just wanted to make a joke, but unexpectedly, this funny coin quickly became popular in the internet community, becoming an alternative 'digital currency culture'.

A Qiang's first encounter

In 2020, A Qiang was an ordinary college student who liked to scroll through Twitter in his spare time. One day, he saw a tweet from Tesla CEO Elon Musk: 'Dogecoin is the people's currency!' with a picture of a cute Shiba Inu.

"What is this?" A Qiang curiously searched and found that Dogecoin's price was less than $0.01. Although it didn't look as 'noble' as Bitcoin, he inexplicably liked this funny Shiba Inu coin.

"Let's buy it for fun!" A Qiang used his living expenses to buy 100,000 Dogecoins, spending only a few hundred yuan.

Overnight sensation

At the beginning of 2021, Dogecoin started to gain popularity! Social media was full of Dogecoin memes, and countless people shouted 'to the moon'. The price skyrocketed from $0.01 to $0.1, then to $0.4. A Qiang refreshed his account daily and found that the few hundred yuan he invested had turned into tens of thousands.

His friends were all astonished: "How did you find this wealth code?"

A Qiang looked proud: "Intuition plus the power of the Shiba Inu!"

Rollercoaster-like fluctuations

Good times don't last long. With changes in market sentiment, Dogecoin plummeted by half from its high of $0.7. A Qiang's account shrank by nearly half. He was caught in a dilemma:

"Should I sell it? Or wait for it to go up again?"

But he remembered Musk's tweets and the slogan 'to the moon', and decided to hold on.

The conclusion of the story

By 2023, the price of Dogecoin was no longer as crazy as before, but it continued to rise steadily. A Qiang used the money he initially earned to pay off his tuition and bought his parents a new refrigerator. He still kept some Dogecoin as a 'commemorative coin'.

The story of Dogecoin tells us that investing is sometimes a combination of entertainment and luck. But A Qiang understands that true wealth comes from rational decisions, not blindly following trends.

He often told his friends: "Dogecoin made me realize that whether it's a Shiba Inu or stocks, one must do their homework before investing."