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Let’s get down to it real fast…

Fact #1 The meme-based coin had started as a joke barely 7 years ago.

Fact #2 The coin in it’s initial days had been used as a charity fundraising tool and had in fact been used to raise NGN9.5 million ($25,000) for the Jamaican bobsled team in 2014.

Fact #3 Dogecoin creator, Billy Markaus had sold all of his dogecoin in 2015 and bought a used Honda Civic car with its proceeds.

Fact #4 There would only ever be 127 billion dogecoins of which 113 billion has already been mined, that is 88.9%.

Fact #5 The biggest holder of the coin, currently holds around 38.6 billion of the cryptocurrency that is about 30% valued at NGN800.1 billion ($2.1 billion).

Fact #6 Dogecoin value had skyrocketed by 75% earlier this month after Tesla CEO, Elon Musk announced he’s bought some for his son, Lil X.

Fact #7 Dogecoin currently has a valuation of about NGN3.810 Trillion ($10 billion).

Fact #8 According to cryptocurrency ranking by cryptoslate.com, Dogecoin ranks 14th.

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