Dogecoin (DOGE) was originally created for a joke / humorous purpose. The aim was to refer to the funny looking Shiba Inu dog that gained wide popularity on the internet.
Since its creation, the popularity and value of the cryptocurrency has skyrocketed. A huge community has developed over the years with many loyal fans of the cryptocurrency. The community has done some amazing things with Dogecoin. Like going to the Sochi Winter Olympics to raise money for the Jamaica sled national team using cryptocurrency, funding a drinking water access project to build a well in rural Kenya.
The current market value of Dogecoin is around $ 250 million. Due to its use in crowdfunding efforts, the value of Dogecoin is expected to increase further over time.