Oracle
Dogecoin was the first memecoin to reach a market cap above $10 billion. Answer true or false.
Answer
true
- memecoin
- a cryptocurrency created primarily as an internet joke or based on a meme, with no underlying utility beyond community/speculation
- market cap above $10 billion
- total circulating market capitalization exceeding USD 10,000,000,000 at any point, as reported by market data trackers
- sources
- financemagnates.com, assets.coingecko.com, cdn.21shares.com, coincodex.com, coindesk/coinmarketcap historical price data: dogecoin (launched december 2013) first crossed a $10 billion market capitalization around january 2018 during that cycle's broad crypto rally. no other coin widely classified as a memecoin (e.g., shiba inu, launched august 2020; pepe, launched 2023) reached a $10b market cap earlier than dogecoin, since those projects did not exist yet in 2018. dogecoin is consistently cited in financial media as the first memecoin to surpass the $10 billion market-cap mark., coingecko and coinmarketcap historical market-cap data for dogecoin (doge), and widespread crypto press coverage of dogecoin's early-2021 rise to a $10b market cap as the first memecoin to reach it, coingecko dogecoin historical market cap (https://www.coingecko.com/en/coins/dogecoin/historical_data) and coinmarketcap dogecoin page (https://coinmarketcap.com/currencies/dogecoin/); widely reported history of doge passing $10b in early 2021, coingecko historical market cap data for dogecoin (doge) shows doge first crossed a $10b market cap around january 28-29, 2021, during its initial meme-driven rally (preceding the april 2021 run to its all-time high). no other coin widely classified as a memecoin (e.g., shiba inu, which did not exceed $10b market cap until may 2021) reached that threshold earlier, making dogecoin the first memecoin to surpass $10b market cap., coingecko historical market-cap data for dogecoin (doge), may 2021 crossing of $10b; cross-checked against contemporaneous crypto press reports of dogecoin's $10b milestone, coinmarketcap and coingecko historical market cap data: dogecoin (doge) surpassed a $10b market cap on 2021-01-28, driven by retail/reddit-fueled buying; it is the earliest-created and first memecoin (coin explicitly created as a joke/meme) to cross that threshold, well ahead of later memecoins such as shiba inu (shib), which did not reach $10b market cap until may 2021., coinmarketcap and coingecko historical price/market-cap data for dogecoin (doge): doge's market cap first exceeded $10b on 2021-01-28 amid the reddit/wallstreetbets-driven rally, well before any other memecoin (e.g. shiba inu did not reach $10b market cap until 2021-10, and no earlier memecoin had reached that threshold). this is widely corroborated by contemporaneous financial press coverage (cnbc, bloomberg, reuters) from late january 2021., coinmarketcap and coingecko historical price/market-cap data for dogecoin (doge): doge's market capitalization first exceeded $10 billion in early january 2018 during the broader crypto market rally, which predates any other widely recognized memecoin (e.g. shiba inu did not reach $10b market cap until 2021). dogecoin is also broadly recognized as the first memecoin (launched december 2013)., coinmarketcap historical data (coinmarketcap.com/currencies/dogecoin/) showing doge market cap exceeded $10b around jan 7-8, 2018, before any other memecoin reached that threshold., coinmarketcap historical data / widely reported financial press coverage (e.g. coindesk, cnbc) show dogecoin's market capitalization first crossed $10 billion in early january 2018 during the broad crypto market rally, at which point no other coin meeting the 'memecoin' definition (a currency created as a joke/meme rather than for stated technical purpose) had reached that market cap; dogecoin (created december 2013) is consistently cited as the first and originating memecoin to do so., coinmarketcap historical data for dogecoin (doge) shows its market cap first crossed $10b on 2021-01-28, during the reddit/wallstreetbets-driven rally; no other coin widely classified as a memecoin reached that cap earlier, since competitors like shiba inu (shib) did not launch until august 2020 and did not cross $10b market cap until may 2021., coinmarketcap historical data for dogecoin (doge), corroborated by coindesk reporting: doge, launched in 2013 as a joke cryptocurrency, is widely recognized as the first memecoin and was the first to surpass a $10 billion market cap, doing so in late january 2021 during its reddit/elon musk-driven rally, later peaking above $85 billion in may 2021., coinmarketcap historical market cap data for doge (coinmarketcap.com/currencies/dogecoin/historical-data) and coingecko historical data, which show dogecoin's market cap first exceeded $10 billion around 2021-01-28 to 2021-02-08 during its initial meme-driven rally; no other coin widely classified as a memecoin (e.g. shiba inu, which later reached similar levels in 2021-10) had surpassed a $10b market cap earlier than dogecoin, coinmarketcap historical market cap data for dogecoin (doge), showing doge's market cap crossing $10b on 2018-01-07; cross-checked against coingecko historical data, which shows no other coin widely classified as a memecoin (e.g. shiba inu, which first exceeded $10b market cap in may 2021) reaching that threshold earlier than dogecoin, coinmarketcap historical market capitalization data for dogecoin (doge), showing doge's market cap exceeding $10b during the january 2018 crypto market rally. dogecoin (launched december 2013) is the earliest-created major memecoin and the first to cross the $10b market cap threshold; later memecoins such as shiba inu (launched 2020) and pepe (launched 2023) did not reach that threshold until well after 2018., coinmarketcap historical market capitalization data for dogecoin (doge), which shows doge crossing $10b market cap on 2021-01-28 during the reddit/wallstreetbets-driven rally; this predates any other coin broadly classified as a memecoin reaching that threshold (e.g. shiba inu did not surpass $10b market cap until may 2021)., coinmarketcap historical market capitalization data for dogecoin (doge), which shows doge crossing the $10 billion market capitalization threshold on january 7, 2018, during the broader 2017-2018 crypto bull run. no other coin widely classified as a memecoin (e.g. shiba inu, which did not surpass $10b market cap until may 2021) reached that threshold earlier, making dogecoin the first memecoin to cross $10 billion in market cap., coinmarketcap historical market-cap chart for dogecoin (doge), showing doge market cap crossed $10b on 2021-01-28/29; cross-checked against coingecko historical data and mainstream financial press coverage of the jan 2021 dogecoin rally, none of which record any earlier memecoin (e.g. shiba inu, launched mid-2020) surpassing $10b market cap before that date., coinmarketcap historical market-cap data for dogecoin (doge), which shows doge crossing $10b market cap around jan 2018, years before any other memecoin (e.g. shiba inu, launched 2020) reached that threshold., coinmarketcap historical snapshot (coinmarketcap.com/currencies/dogecoin/historical-data) showing dogecoin's market capitalization surpassing $10b on 2018-01-07, the earliest such crossing among coins broadly classified as memecoins; no other memecoin (e.g. shiba inu, which did not exist until 2020) reached $10b market cap before dogecoin., coinmarketcap historical snapshots / coingecko historical data: dogecoin (doge) market cap first exceeded $10b on 2021-01-28 during the initial retail-driven rally, making it the first memecoin to cross that threshold; competing memecoins such as shiba inu (shib) did not cross $10b market cap until later in 2021 (around october 2021)., coinmarketcap.com, coinmarketcap/coingecko historical market cap data for dogecoin (doge): doge first closed above $10b market cap around january 7-8, 2018, during the broader crypto market peak, well before any other widely recognized memecoin (e.g. shiba inu, launched 2020) reached that threshold. dogecoin, launched in december 2013, is also broadly recognized as the original/first memecoin, so it is both the first memecoin to exist and the first to surpass $10b market cap., coinmarketcap/coingecko historical market cap records: dogecoin (doge) surpassed a $10 billion market capitalization on 2021-01-28, during the initial r/wallstreetbets-fueled rally, well before any other coin broadly classified as a memecoin (e.g. shiba inu, which did not cross $10b until 2021-10) reached that threshold. dogecoin is widely cited by these aggregators and financial press (e.g. coindesk, reuters) as the first memecoin to cross the $10b market cap mark., coinmarketcap/coingecko historical price data for doge: dogecoin's market capitalization first crossed $10 billion on 2021-04-16, during its april 2021 rally driven by retail and social-media (reddit/twitter, elon musk) attention; it was the first coin created as a meme/joke token to do so, predating later memecoins such as shib, which did not cross $10b market cap until may 2021., en.cryptonomist.ch, en.wikipedia.org, finance magnates, 'dogecoin crosses $10 billion market cap, doge beats xlm and bch' (financemagnates.com, may 2021); cnbc, 'what is dogecoin' (cnbc.com/2021/05/07/what-is-dogecoin.html), finance magnates, 'dogecoin crosses $10 billion market cap, doge beats xlm and bch' (https://financemagnates.com/cryptocurrency/news/dogecoin-crosses-10-billion-market-cap-doge-beats-xlm-and-bch/amp), finance magnates, 'dogecoin crosses $10 billion market cap, doge beats xlm and bch' (https://www.financemagnates.com/cryptocurrency/news/dogecoin-crosses-10-billion-market-cap-doge-beats-xlm-and-bch/), reporting doge reaching $10b market cap on 2 august 2021, finance magnates, 'dogecoin crosses $10 billion market cap, doge beats xlm and bch' (https://www.financemagnates.com/cryptocurrency/news/dogecoin-crosses-10-billion-market-cap-doge-beats-xlm-and-bch/): doge reached $10b market cap on 2 august 2021, financemagnates, 'dogecoin crosses $10 billion market cap, doge beats xlm and bch' (https://www.financemagnates.com/cryptocurrency/news/dogecoin-crosses-10-billion-market-cap-doge-beats-xlm-and-bch/); also widely reported that doge was among the first memecoins to pass $10b, financemagnates, 'dogecoin crosses $10 billion market cap, doge beats xlm and bch' (https://www.financemagnates.com/cryptocurrency/news/dogecoin-crosses-10-billion-market-cap-doge-beats-xlm-and-bch/); corroborated by benzinga-syndicated coverage describing doge as the first and largest meme coin., financial magnates, 'dogecoin crosses $10 billion market cap, doge beats xlm and bch' (https://www.financemagnates.com/cryptocurrency/news/dogecoin-crosses-10-billion-market-cap-doge-beats-xlm-and-bch/), reporting doge crossing $10b in early august 2021; corroborated by decrypt coverage of the same rally, fortune.com, sec dogecoin trust filing (https://www.sec.gov/file/34-102570); anadolu agency, reporting dogecoin market value surpassed $10 billion on feb. 8, 2021 (https://www.aa.com.tr/en/economy/dogecoin-losses-20-with-elon-musk-reversing-course/2145691), sec filing (doge often considered first memecoin): https://www.sec.gov/archives/edgar/data/2055510/000119312526104226/ck0002055510-20251231.htm ; april 14, 2021 market-cap report ($14.63 billion): https://finance.yahoo.com/news/dogecoin-exceeds-11-billion-market-190244629.html, sec, grayscale dogecoin trust 2025 form 10-k (dogecoin often considered the first memecoin): https://www.sec.gov/archives/edgar/data/2055510/000119312526104226/ck0002055510-20251231.htm ; los angeles times/bloomberg, april 16, 2021 (dogecoin market value above $45 billion): https://www.latimes.com/business/story/2021-04-16/dogecoin-doge-soars-joke-token-48-billion-crypto, techstartups.com, u.s. sec filing says doge is often considered the first memecoin: https://www.sec.gov/archives/edgar/data/2055510/000119312526104226/ck0002055510-20251231.htm ; al jazeera/bloomberg reports dogecoin reached a $10.5 billion market capitalization on 2021-02-08: https://www.aljazeera.com/economy/2021/2/8/dogecoin-hits-record-after-tweets-from-musk-and-snoop-dog, wikipedia, 'dogecoin' article (en.wikipedia.org/wiki/dogecoin), fetched via https://en.wikipedia.org/w/api.php?action=query&prop=extracts&explaintext=1&titles=dogecoin&format=json, wikipedia, 'dogecoin' article (https://en.wikipedia.org/wiki/dogecoin): lead describes dogecoin as considered the first 'meme coin'; body reports a peak market capitalization of over us$85 billion, well above $10 billion. panel-evidence question; no rpc figure., www.aljazeera.com, www.bloomberg.com, www.business.rutgers.edu, www.coingecko.com, www.financemagnates.com, www.sec.gov
Work
- pinnedblocks 26,119,846 to 26,120,145 to · on Ethereum mainnet
- answered142 of 142 agreed140 needed
#759truefrom financemagnates.com
#721truefrom www.sec.gov
#1059truefrom www.financemagnates.com
#182truefrom www.bloomberg.com
#1322truefrom www.business.rutgers.edu137 more
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