Why We Should Take Memecoins Seriously

Nov 29, 2021

Dogecoin, a dog-themed cryptocurrency, has surged over 6,000% year-to-date thanks in part to the support of Elon Musk and other celebrities. Its origins as a “joke” make it the first memecoin, going overlooked by mainstream media and financial experts as a “shitcoin.” But is it time to take DOGE seriously? CoinDesk’s Emily Parker discusses her views on why it’s important to take note of the rise of memecoins.