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Dogecoin hype has skyrocketed in the first half of 2021, mostly in parallel with Elon Musk’s tweets about the currency. The coin has seen considerable hype, as shown by its significant upward price increase in 2021, but this is far from the first bout of optimism around Dogecoin (DOGE).
At the beginning of 2014, a video surfaced titled “Dogecoin-Powered Airport Invasion Party! (2013),” posted on a YouTube channel by the name of Gary Lachance. “Tom and Gary’s Decentralized Dance Party recently invaded Vancouver International Airport, sharing the madness of the DDP with hundreds of overjoyed air travelers,” the video’s description says.
The video shows a large number of people, some costumed in yellow, dancing around to the sound of music. Some of the participants have headset microphones to communicate with the masses.
According to ABC’s previous coverage of this kind of event, DDP stands for “decentralised dance party,” In 2013, the ABC news section was also shared on the Gary Lachance YouTube website. Other DDP activities took place as well, but based on the coverage, they did not seem to be DOGE-themed.
A separate video, posted on YouTube by Corndogulous, depicts another 2014 DOGE party that drew people from all walks of life who were involved in the asset for different reasons.
According to CoinMarketCap price data, DOGE saw an astronomical price spike in 2021, rising from less than a penny per coin to more than $0.70.
Other DOGE-related videos from the past can be found on YouTube, including a music video from 2014 named “D is for Dogecoin” and uploaded by the YouTube channel ZimoNitrome. “To The Moon,” a song from the channel Dunderpatrullen, plays against the backdrop of a cartoon dog riding a rocket.
DOGE was founded in 2013 and has had an eventful history. Despite recent price increases, the currency is subject to substantial inflation, as miners add millions of DOGE to the market on a regular basis. The asset still lacks a full availability. According to CoinMarketCap, there are reportedly more than 129 billion DOGE in circulation. In contrast, Bitcoin (BTC) has a limited supply of 21 million coins, making it a precious currency.