Dogecoin marked its 12th anniversary on December 6, 2024, with its founders, Billy Markus and Jackson Palmer, taking to social media to commemorate the occasion. The memecoin, which started as a lighthearted project, has become one of the most recognized cryptocurrencies in the market.Markus shared his thoughts with his 2.15 million followers on X, describing the journey as unexpected. He noted how something created as a joke had evolved into a significant cultural phenomenon. Palmer addressed the community with enthusiasm, referring to supporters as ”beautiful degens” and expressing hopes for continued success.The cryptocurrency currently holds the ninth position on CoinMarketCap with a market capitalization of $22.47 billion. Trading volume reached $596 million in the past 24 hours. The token is trading at $0.1384 at the time of writing.DOGE price chart, Source: CoinMarketCapOrigins of a Memecoin SensationSoftware engineers Billy Markus and Jackson Palmer launched Dogecoin on December 6, 2013. The project emerged during a period of intense speculation in alternative cryptocurrencies. Bitcoin had surged from $13 to $1,100 that year, drawing retail investors into the space.The founders noticed the cryptocurrency community had become overly serious. Technical discussions dominated conversations, leaving little room for accessibility or humour. Markus and Palmer sought to change this dynamic by creating a coin that embraced fun and community engagement.Palmer handled the website development while Markus worked on the technical implementation. The logo featured a Shiba Inu dog from a popular internet meme. This choice proved strategic, as it made the cryptocurrency instantly recognizable and approachable.The response exceeded all expectations. The website attracted one million visitors within its first month of operation. Reddit users quickly adopted the coin as a tipping mechanism, rewarding quality content and comments across the platform.Rapid Growth and Community ImpactDogecoin's transaction volume surpassed Bitcoin's within two weeks of launch. On December 19, 2013, the memecoin experienced a 300% price increase over 72 hours. The value climbed from $0.00026 to $0.00095, demonstrating strong market interest.The token's most significant price movement occurred in 2021. Elon Musk's public endorsements drove substantial attention to the memecoin. Dogecoin reached an all-time high of $0.7316, approaching the $1 threshold that supporters had long anticipated.Musk's involvement continued through 2024 with the establishment of the Department of Government Efficiency. The department, which shares Dogecoin's DOGE ticker symbol, aimed to reduce unnecessary government spending. This connection maintained public awareness of the cryptocurrency.Twelve years after its creation, Dogecoin maintains relevance in a crowded cryptocurrency market. The token has weathered multiple bear markets and increased competition from newer memecoins. Its sustained presence demonstrates the strength of its community and brand recognition.Dogecoin marked its 12th anniversary on December 6, 2024, with its founders, Billy Markus and Jackson Palmer, taking to social media to commemorate the occasion. The memecoin, which started as a lighthearted project, has become one of the most recognized cryptocurrencies in the market.Markus shared his thoughts with his 2.15 million followers on X, describing the journey as unexpected. He noted how something created as a joke had evolved into a significant cultural phenomenon. Palmer addressed the community with enthusiasm, referring to supporters as ”beautiful degens” and expressing hopes for continued success.The cryptocurrency currently holds the ninth position on CoinMarketCap with a market capitalization of $22.47 billion. Trading volume reached $596 million in the past 24 hours. The token is trading at $0.1384 at the time of writing.DOGE price chart, Source: CoinMarketCapOrigins of a Memecoin SensationSoftware engineers Billy Markus and Jackson Palmer launched Dogecoin on December 6, 2013. The project emerged during a period of intense speculation in alternative cryptocurrencies. Bitcoin had surged from $13 to $1,100 that year, drawing retail investors into the space.The founders noticed the cryptocurrency community had become overly serious. Technical discussions dominated conversations, leaving little room for accessibility or humour. Markus and Palmer sought to change this dynamic by creating a coin that embraced fun and community engagement.Palmer handled the website development while Markus worked on the technical implementation. The logo featured a Shiba Inu dog from a popular internet meme. This choice proved strategic, as it made the cryptocurrency instantly recognizable and approachable.The response exceeded all expectations. The website attracted one million visitors within its first month of operation. Reddit users quickly adopted the coin as a tipping mechanism, rewarding quality content and comments across the platform.Rapid Growth and Community ImpactDogecoin's transaction volume surpassed Bitcoin's within two weeks of launch. On December 19, 2013, the memecoin experienced a 300% price increase over 72 hours. The value climbed from $0.00026 to $0.00095, demonstrating strong market interest.The token's most significant price movement occurred in 2021. Elon Musk's public endorsements drove substantial attention to the memecoin. Dogecoin reached an all-time high of $0.7316, approaching the $1 threshold that supporters had long anticipated.Musk's involvement continued through 2024 with the establishment of the Department of Government Efficiency. The department, which shares Dogecoin's DOGE ticker symbol, aimed to reduce unnecessary government spending. This connection maintained public awareness of the cryptocurrency.Twelve years after its creation, Dogecoin maintains relevance in a crowded cryptocurrency market. The token has weathered multiple bear markets and increased competition from newer memecoins. Its sustained presence demonstrates the strength of its community and brand recognition.
12 Years Later, Dogecoin's Founders Reveal What They Really Think About Their Creation
Dogecoin marked its 12th anniversary on December 6, 2024, with its founders, Billy Markus and Jackson Palmer, taking to social media to commemorate the occasion. The memecoin, which started as a lighthearted project, has become one of the most recognized cryptocurrencies in the market.
Markus shared his thoughts with his 2.15 million followers on X, describing the journey as unexpected. He noted how something created as a joke had evolved into a significant cultural phenomenon. Palmer addressed the community with enthusiasm, referring to supporters as ”beautiful degens” and expressing hopes for continued success.
The cryptocurrency currently holds the ninth position on CoinMarketCap with a market capitalization of $22.47 billion. Trading volume reached $596 million in the past 24 hours. The token is trading at $0.1384 at the time of writing.
DOGE price chart, Source: CoinMarketCap
Origins of a Memecoin Sensation
Software engineers Billy Markus and Jackson Palmer launched Dogecoin on December 6, 2013. The project emerged during a period of intense speculation in alternative cryptocurrencies. Bitcoin had surged from $13 to $1,100 that year, drawing retail investors into the space.
The founders noticed the cryptocurrency community had become overly serious. Technical discussions dominated conversations, leaving little room for accessibility or humour. Markus and Palmer sought to change this dynamic by creating a coin that embraced fun and community engagement.
Palmer handled the website development while Markus worked on the technical implementation. The logo featured a Shiba Inu dog from a popular internet meme. This choice proved strategic, as it made the cryptocurrency instantly recognizable and approachable.
The response exceeded all expectations. The website attracted one million visitors within its first month of operation. Reddit users quickly adopted the coin as a tipping mechanism, rewarding quality content and comments across the platform.
Rapid Growth and Community Impact
Dogecoin's transaction volume surpassed Bitcoin's within two weeks of launch. On December 19, 2013, the memecoin experienced a 300% price increase over 72 hours. The value climbed from $0.00026 to $0.00095, demonstrating strong market interest.
The token's most significant price movement occurred in 2021. Elon Musk's public endorsements drove substantial attention to the memecoin. Dogecoin reached an all-time high of $0.7316, approaching the $1 threshold that supporters had long anticipated.
Musk's involvement continued through 2024 with the establishment of the Department of Government Efficiency. The department, which shares Dogecoin's DOGE ticker symbol, aimed to reduce unnecessary government spending. This connection maintained public awareness of the cryptocurrency.
Twelve years after its creation, Dogecoin maintains relevance in a crowded cryptocurrency market. The token has weathered multiple bear markets and increased competition from newer memecoins. Its sustained presence demonstrates the strength of its community and brand recognition.
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Trump-Backed WLFI Plunges 58% – Buyback Plan Announced to Halt Freefall
World Liberty Financial (WLFI), the Trump-linked DeFi project, is scrambling to stop a market collapse after its token lost over 50% of its value in September.
On Friday, the project unveiled a full buyback-and-burn program, directing all treasury liquidity fees to absorb selling pressure. According to a governance post on X, the community approved the plan overwhelmingly, with WLFI pledging full transparency for every burn.
The urgency of the move reflects WLFI’s steep losses in recent weeks. WLFI is trading Friday at $0.19, down from its September 1 peak of $0.46, according to CoinMarketCap, a 58% drop in less than a month. Weekly losses stand at 12.85%, with a 15.45% decline for the month.
This isn’t the project’s first attempt at intervention. Just days after launch, WLFI burned 47 million tokens on September 3 to counter a 31% sell-off, sending the supply to a verified burn address.
For World Liberty Financial, the buyback-and-burn program represents both a damage-control measure and a test of community faith. While tokenomics adjustments can provide short-term relief, the project will need to convince investors that WLFI has staying power beyond interventions.
WLFI Launches Buyback-and-Burn Plan, Linking Token Scarcity to Platform Growth
According to the governance proposal, WLFI will use fees generated from its protocol-owned liquidity (POL) pools on Ethereum, BNB Chain, and Solana to repurchase tokens from the open market. Once bought back, the tokens will be sent to a burn address, permanently removing them from circulation.WLFI Proposal Source: WLFI
The project stressed that this system ties supply reduction directly to platform growth. As trading activity rises, more liquidity fees are generated, fueling larger buybacks and burns. This seeks to create a feedback loop where adoption drives scarcity, and scarcity strengthens token value.
Importantly, the plan applies only to WLFI’s protocol-controlled liquidity pools. Community and third-party liquidity pools remain unaffected, ensuring the mechanism doesn’t interfere with external ecosystem contributions.
In its proposal, the WLFI team argued that the strategy aligns long-term holders with the project’s future by systematically reducing supply and discouraging short-term speculation. Each burn increases the relative stake of committed investors, reinforcing confidence in WLFI’s tokenomics.
To bolster credibility, WLFI has pledged full transparency: every buyback and burn will be verifiable on-chain and reported to the community in real time.
WLFI Joins Hyperliquid, Jupiter, and Sky as Buyback Craze Spills Into Wall Street
WLFI’s decision to adopt a full buyback-and-burn strategy places it among the most ambitious tokenomic models in crypto. While partly a response to its sharp September price decline, the move also reflects a trend of DeFi protocols leveraging revenue streams to cut supply, align incentives, and strengthen token value.
Hyperliquid illustrates the model at scale. Nearly all of its platform fees are funneled into automated $HYPE buybacks via its Assistance Fund, creating sustained demand.
By mid-2025, more than 20 million tokens had been repurchased, with nearly 30 million held by Q3, worth over $1.5 billion. This consistency both increased scarcity and cemented Hyperliquid’s dominance in decentralized derivatives.
Other protocols have adopted variations. Jupiter directs half its fees into $JUP repurchases, locking tokens for three years.
Raydium earmarks 12% of fees for $RAY buybacks, already removing 71 million tokens, roughly a quarter of the circulating supply.
Burn-based models push further, as seen with Sky, which has spent $75 million since February 2025 to permanently erase $SKY tokens, boosting scarcity and governance influence.
But the buyback phenomenon isn’t limited to DeFi. Increasingly, listed companies with crypto treasuries are adopting aggressive repurchase programs, sometimes to offset losses as their digital assets decline.
According to a report, at least seven firms, ranging from gaming to biotech, have turned to buybacks, often funded by debt, to prop up falling stock prices.
One of the latest is Thumzup Media, a digital advertising company with a growing Web3 footprint. On Thursday, it launched a $10 million share repurchase plan, extending its capital return strategy through 2026, after completing a $1 million program that saw 212,432 shares bought at an average of $4.71.
DeFi Development Corp, the first public company built around a Solana-based treasury strategy, also recently expanded its buyback program to $100 million, up from $1 million, making it one of the largest stock repurchase initiatives in the digital asset sector.
Together, these cases show how buybacks, whether in tokenomics or equities, are emerging as a key mechanism for stabilizing value and signaling confidence, even as motivations and execution vary widely
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Son of filmmaker Rob Reiner charged with homicide for death of his parents
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Bitcoin Peak Coming in 45 Days? BTC Price To Reach $150K
The post Bitcoin Peak Coming in 45 Days? BTC Price To Reach $150K appeared first on Coinpedia Fintech News Bitcoin has delivered one of its strongest performances in recent months, jumping from September lows of $108K to over $117K today. But while excitement is high, market watchers warn the clock is ticking. History shows Bitcoin peaks don’t last forever, and analysts now believe the next major top could arrive within just 45 days, with …
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