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A good currency, must have a good cultural background, in the background of tip culture, dog coin as an electronic currency, was born on December 12, 2013, Bitcoin is now relatively high price, so cheaper Dogecoin is popular. Just a week after it went online, it became the second-largest tip currency. They're hoping that Facebook will accept Dogecoin so that your friends can not only like it, but also give you a tip by the way. Palmer also notes that Dogecoin is not like Bitcoin, where people don't get involved for the sake of speculation, a way of expressing sharing and gratitude.

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Dogecoin surged 26 percent overnight from $0.00229 in 24 hours. Dogecoin has climbed to 33rd largest cryptocurrencies as its market capitalisation has grown from $287m to $357m. It is reported that this surge and short video TikTok a challenge related. Five days ago, a Tik Tok user named James Galante posted a video titled "Let's All Get Rich." In the video, he recommends that everyone invest $25 in Dogecoin because it's worthless ($0.0023), waiting for it to reach $1 and investors will have $10,640. As of the time of writing, the video had received 57,100 likes and nearly 4,000 comments.