First of all, I'm happy for everyone who HODLed Dogecoin for many years and made a fortune last year. Congratulations! If you look at the chart above, you can see there is a little growth in the first 7 years of Doge and then all happened in one year with exponential growth.
Dogecoin (Meme coin) initially started as a joke based on a popular meme featuring a Shiba Inu the Japanese breed of dog.
Jackson Palmer, a product manager at the Sydney, Australia, office of Adobe Inc., created Dogecoin in 2013 as a way to satirize the hype surrounding cryptocurrencies. Palmer has been described as a "skeptic-analytic" observer of the emerging technology, and his initial tweets about his new cryptocurrency venture were done tongue-in-cheek. But after getting positive feedback on social media, he bought the domain dogecoin.com.
Meanwhile in Portland, Oregon, Billy Markus, a software developer at IBM who wanted to create a digital currency but had trouble promoting his efforts, discovered the Dogecoin buzz. Markus reached out to Palmer to get permission to build the software behind an actual Dogecoin.
From investopedia
I'm just looking at some aspects of Hive and Doge. Not many people believed in doge until last year when Elon Musk and Mark Cuban start tweeting about it even though it has been around since 2013. Elon is the main reason for the recent surge in Dogecoin.
If you told anybody to buy Dogecoin in 2014, it would been tough sell and hard to convince but everyone bought Dogecoin in 2021 expect me. lol
I would like to think the year 2014 of Dogecoin to the year 2021 of Hive. We had a few well-known crypto people spoke good about Hive including Vitalik Buterin and Charles Hoskinson.
First week of October 2021 has been a rough week for Facebook, and the centralized social network tech giant had one of their longest outages in company history, Facebook went down again. The outage affected all Facebook-owned applications, including WhatsApp, Messenger and Instagram.
Wondering when would be the Elon Musk moment for Hive and what year we will see $20 HIVE?
Thank you for reading my imperfect writing.
