Announcing Gemini’s decision to list Dogecoin, COE Tyler Winklevoss, said: “Dogecoin is the people’s money. It’s organic, irreverent, and fun.
“It’s not forced on us by a government or some other central authority, it’s chosen by us, for us — by the people, for the people. Wow.”
Mr Winklevoss – one half of the famous Winklevoss twin brother duo – went on to say Dogecoin carries on in the tradition of Bitcoin, with a “legitimate claim to some value”.
The attitude towards DOGE might seem astounding, considering the token was created eight years ago as a joke.
Software engineers Billy Markus and Jackson Palmer created Dogecoin around a popular internet meme of a smiling Shiba Inu dog.