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Members of the Dogecoin community generously donated a Doge-themed NASCAR car and sent a real Dogecoin to the moon. The community has also donated Dogecoin to charity, sponsoring wells dug in Kenya to provide clean drinking water. These types of behavior make the Dogecoin community part of it, which in turn leads to Doge's unlikely position in the top cryptocurrencies.

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According to Terra's agreement, when Terra's exchange rate falls, the system sells the stable reserve Luna and buys Terra from the secondary market for destruction, and when Terra's exchange rate rises, the system issues a new Terra, which is proposed and voted on by Luna's holders to decide what form the new Terra will be put on the market.

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In this way, the internet legend shifted from Doge to Dogecoin. On December 6th, on BitcoinTalk, a well-known Bitcoin forum, a new member named Dogecoin posted a message about a competitive coin named Dogecoin, which Chinese translates as a dog coin, cute and memorable. The title of the post is Dogecoin - very currency - many coin - wow - v1.1 Released, and the style of the teaser is in line with Doge's.