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Dogecoin Says Putting a 'Dog on the Money' Was One of the Internet's 'More Reasonable Ideas' — The 12802% Lifetime Gain Isn't Bad Either
Dogecoin's official X account posted on August 11 that using a dog meme on a currency was one of the internet's smarter ideas, referencing its 12,802% lifetime gain.
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What happened
Dogecoin’s official X account posted on August 11 that using a dog meme on a currency was one of the internet’s smarter ideas, referencing its 12,802% lifetime gain.
Confirmed
Global impact / market context
The comment reinforces Dogecoin’s playful brand, which can keep its community engaged and potentially attract new users, supporting demand for the DOGE token.
Analyst inference
Meme‑coin interest remains high in the broader crypto market, and Dogecoin’s historic price surge keeps it a notable player among digital assets like BTC and other meme tokens.
Analyst inference
What to watch
- DOGE price reaction to the X post, as social‑media hype often moves meme‑coin prices in the short term. Analyst inference
- Changes in community activity on Dogecoin’s channels, measured by follower growth or post engagement, which can signal sentiment shifts. Analyst inference
- Any regulatory comments on meme‑coins, since increased scrutiny could affect Dogecoin’s trading environment. Analyst inference
Affected assets
- DOGE — Dogecoin
- ZEC — Zcash
- MEME — Memecoin
- BTC — Bitcoin