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Dogecoin copycats? Trademark fight erupts over joke crypto worth billions

Added 09-15-21 02:04:02am EST - “Dogecoin is a digital currency made famous for its satire of the cryptocurrency universe.? Originally designed as a joke in a handful of hours,? dogecoin pays homage to a 2013 viral internet meme of a Shiba Inu dog with bad spelling…” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Dogecoin copycats? Trademark fight erupts over joke crypto worth billions”. Below is an excerpt from the article.

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Dogecoin is a digital currency made famous for its satire of the cryptocurrency universe. Originally designed as a joke in a handful of hours, dogecoin pays homage to a 2013 viral internet meme of a Shiba Inu dog with bad spelling habits (thus doge instead of dog).

Meant by its creators to be worthless, dogecoin vaulted into crypto stardom this year thanks to a push from Tesla Inc. CEO and digital currency talisman Elon Musk. 

At its May peak, dogecoin, a coin that has an unlimited supply and no obvious use, was worth more than $80 billion. Its current market value is around $31 billion.

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