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Dogecoin's Greatest Hits of 2021
There is an inherently musical quality about Dogecoin.
2021 featured homages to the world’s leading dog-meme crypto from talented artists working across a variety of genres.
Here’s the music that defined Doge’s wild year.
Ð is for Ðogecoin
Elon tweeted this Dogecoin "Instructional video" right after Doge finished its first leg up of 2021, moving from less than a penny to seven cents in a few weeks.
At the time, some voices on Crypto Twitter were predicting Doge would eventually drop back below a penny.
The video suggested otherwise: Dogecoin, and maybe the rest of the meme-fueled Reddit rebellion, were here to stay.
"Toss a Doge to Your Witcher," by indie singer-songwriter Mimi Mitina, renders the 2021 meme stock saga as a catchy ukulele ballad:
when a humble Billy graced a ride along with Elon of Musk, along came this song/from when the whales fought with a hood-wearing devil/his army of shorties, at his hooves did they travel
The song, which is up for auction as an NFT, earned a double-fire-emoji review from Elon.
For your vanity
Elon dropped this song about NFTs in March, his first release since January 2020's "Don't Doubt ur Vibe."
The song's animation features four golden Shiba Inus circling a pair of diamond hands and rocket ships launching to the moon, hinting at Doge's place in the emerging meme economy.
On April 20th, or "Doge Day," Snoop Dogg tweeted a short film of his intergalactic escapades, with a Shiba Inu riding shotgun, to the tune of Billy Preston's Nothing From Nothing.
Some voices predicted 4/20 would be a momentous day for Doge's price. It didn't happen, but Snoop's video provided its own fitting climax to Doge Day.
The same Shiba-filled footage was later used for Snoop's first single from The Algorithm, "Big Subwoofer."
This video by the artist Remy makes the case for Dog-themed money in a fiscal environment of high inflation with Hamilton-style lyricism and an ultra-modern outlook on personal finance:
"my 401k is now a 401(K9)/The sum of my net worth is no longer in a straight line/ I'm making smart moves, I ain't gonna be a pun/ I sold my IRA and bought an NFT of one"
The song was spot-on in its appraisal of the growing meme economy: Shiba Inu coin pumped for the first time within days of its release.
The news marked a new chapter in Doge's story, inviting humanity to zoom out and contemplate a vision of Earth orbited by actual, literal Doge memes.
Memes and music
The Doge meme has a chameleon-like ability to cross boundaries in art.
The Dogecoin economy's culture of tipping and donations makes it an ideal haven for makers, including musicians. More than anything, the DogeArmy enjoys art that features the Doge.
The Doge cannon is rapidly evolving! With Doge set to become the first meme in space, it's exciting to imagine the possibilities for Dogely works of art in 2022.
Dogey Treats: News Bites
The US DOJ launched an investigation into short-selling by hedge funds and research firms.
Toys for Tots is taking donations in Dogecoin.
Elon said he thought a Doge-colored Cybertruck would be "sick," liked a tweet from Billy Markus about making Doge the currency of Mars, and said increase in autonomous vehicles "will be one of the biggest transformations ever in human civilization."
Silk Road founder Ross Ulbricht sold an NFT for $5.8 million worth of Ethereum to a DAO working to free him. Donors to the DAO use ROSS tokens to vote on governance proposals.
The $gm community is doing "100 days of gms" by donating to a new charity each day.
$PEOPLE, the native token of the now-defunct ConstitutionDAO, hit a new all-time high.
Florida is looking to become more friendly to crypto at the state level.
Dogecoin hash rate has been coming back online and now exceeds its pre-crash level.
Dogecoin is one of the most mispronounced words of 2021.
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Memes of the week
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Disclaimer: This is not financial advice and I am not a financial advisor. The article above references an opinion for entertainment purposes only and it is not investment advice. Do your own research and consult with a licensed financial adviser before making any investment decision. Do not treat any opinion expressed in this newsletter as a specific inducement to make a particular investment. Content, news, research, tools, and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or cryptocurrency or to engage in any particular investment strategy. The information provided is not warranted as to completeness or accuracy and is subject to change without notice. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, cryptocurrency, or financial product does not guarantee future results or returns. Dogecoin is a speculative and highly volatile asset susceptible to pump-and-dump schemes.
At the time of publication, Dogecoin is around $0.15 per coin.