Dogecoin is going to the dogs, including real-world canines

PAWS Chicago has launched a “Dogenation” campaign, which allows animal lovers to donate to the charity in cryptocurrencies — not just Dogecoin — via QR codes embedded in advertisements around the Windy City. A mash-up of two memes within the crypto community, images of puppy dogs and laser eyes, the ads feature canines with red laser beams shooting out of their eye sockets.
Laser eyes can often be found on social media profile pictures, particularly on Twitter, to show that an account holder is bullish on a cryptocurrency. Originally used as a signal that the person believed Bitcoin would reach US$100,000, the laser eyes meme has since broadened to symbolize general support for the crypto industry.
Created in 2013 as a joke on Bitcoin, Dogecoin reached incredible highs during the crypto bull run earlier in the year, rising around 1,100% in less than a month to reach US$0.7364 and kicking off a host of other copycat “memecoins,” including Loser Coin, Shiba Inu Coin and Baby Doge. After reaching a post-peak low of US$0.1633 on July 20, Dogecoin prices had been gaining steadily along with the remainder of the market reaching a high of US$0.3489 early last week — its highest point since early June. The price of DOGE has since been steadily losing ground, however, and is now trading at US$0.2942 at press time.
Copycat token Shiba Inu’s prices followed Dogecoin closely last week, hitting a high of US$0.000009403 a day later — on Aug. 17 — before also falling sharply. Shiba Inu was trading at $0.000007632 at press time. Meanwhile, Baby Doge was not seeing as much luck; after a brief publicity boost from major crypto exchange OKEx, which announced it was listing the meme token, Baby Doge prices rose 25% briefly to hit US$0.000000002362 before plummeting. Baby Doge is trading at $0.000000001299 as of press time.

Source: forkast