In late 2013, software engineers created Dogecoin as a joke based on the Doge meme. This sparked the creation of several other meme coins. Currently, there are hundreds of meme coins in circulation. Notable examples include Dogecoin and Shiba Inu. Since Elon Musk endorsed Dogecoin (DOGE), one of the first meme coins, its popularity has soared. He continued to tweet about Dogecoin in 2022, including a tweet in January where he stated that if McDonald's started accepting Dogecoin as a payment met