# No, Dogecoin Did NOT Crash

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Last modified: 2021-04-21

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By Shayne Heffernan · 2021-04-21
Tags: Headline News, news, Shayne Heffernan, Crypto, Shayne Heffernan, Todays Trade Ideas, Knightsbridge Insights, Dogecoin, Dogecoin, Doge, Featured, Must Read
Signed: no (published before platform launch).
Nothing in this article is investment advice.

Another day of rubbish headlines in the Media. No I am not a buyer here, I am waiting for the rubbish news to play out among the great unwashed, then I will be a Doge buyer.

![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg)

Doge is having an impressive rally up 235% in the last 7 days, 14-day gain stood at 376%, while its 1-year gain was an astounding 15,470%. The support just under 30c was massive and is a very good sign for the future value of Doge.

> Hey thanks [@elonmusk](https://twitter.com/elonmusk?ref_src=twsrc%5Etfw) for the space ship. 🚀 Happy 420. 🎥 cred: [@Jessewelle](https://twitter.com/Jessewelle?ref_src=twsrc%5Etfw) [@SamMacaroni](https://twitter.com/SamMacaroni?ref_src=twsrc%5Etfw) [pic.twitter.com/bzxvYwaR4a](https://t.co/bzxvYwaR4a)
> 
> — Snoop Dogg (@SnoopDogg)
> 
> April 21, 2021

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Mark Cuban owned Dallas Mavericks began accepting Dogecoin as payment for tickets and merchandise in March. This week, **Cuban **[**tweeted**](https://twitter.com/mcuban/status/1382170216986120193)** that the team’s sales in Dogecoin had increased 550% in the last month, totaling more than 122,000 Doge in merchandise.** 

The Billionaire “Shark Tank” star went on to say that he will “never sell one single Doge ever.” Some say his statement one-upped Elon Musk’s investment in the cryptocurrency. Musk has called himself the “CEO of Dogecoin.”

Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. 

Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. You can get tipped Dogecoin by participating in a community that uses the digital currency, or you can get your Dogecoin from a Dogecoin faucet. A Dogecoin faucet is a website that will give you a small amount of Dogecoin for free as an introduction to the currency, so that you can begin interacting in Dogecoin communities.

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