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Dog-themed cryptocurrency Dogecoin (DOGE) It represents an important milestone in its history. Seven years ago, on December 22, 2017, Dogecoin's market cap crossed the $1 billion mark for the first time.
The Dogecoin Foundation took to X to celebrate this important event in the history of the cryptocurrency - its market capitalization exceeded $1 billion, twitter: “Seven years ago, on 12-22-2017, this happened,” with a screenshot highlighting this historical moment.
Dogecoin was created in December 2013 by software engineers Billy Marcus and Jackson Palmer. Initially intended as a joke, Dogecoin quickly gained a strong community of supporters and went on to achieve a market cap of $1 billion in late 2017.
Seven years later, Dogecoin is still thriving, with its current market capitalization in the billions. Dogecoin is now the seventh largest cryptocurrency, with a market cap of $46.13 billion and current price of $0.313. Dogecoin has more than 6.6 million holders, according to a recent report by Onchain analytics platform IntoTheBlock.
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As the Dogecoin Foundation reflects on this milestone, it serves as a reminder of how far the dog cryptocurrency has come over the years.
The Dogecoin community is getting an important reminder
Mashabura prominent member of the Dogecoin community, has issued an important reminder to Dogecoin holders.
Dogechain, a popular online Dogecoin wallet, was shut down in July. Users have been given until December 31 to download their private keys from the site. Mechapoir reminded the Dogecoin community of this impending deadline in a tweet.
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Along these lines, Mishaboir reiterates a crucial warning to Doug Holders: Never keep their Dogecoin in wallets created via online services of any kind.
In a previous warning, the Dogecoin community was asked to only use the Dogechain.info domain for the aforementioned action. This is because the .com domain has been used for phishing attacks in the past.
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