It's the cryptocurrency that nobody took seriously at first – and now, with hundreds of percentage point gains in just a few months' time, the financial community has no choice but to take Dogecoin seriously as a viable alternative to fiat money and Bitcoin.

Then came 2021, when Elon Musk served up a series of one pro-Dogecoin tweet after another. On February 4, he tweeted the word 'Doge' along with an image of a rocket shooting for the moon. That same day, he called Dogecoin 'the people's crypto.'

After that, Elon Musk tweeted a representation of 'Doge Barking at the Moon' on April 15. And, the to-the-moon metaphor continued with Musk tweeting on May 9, 'SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge – 1st crypto in space – 1st meme in space To the mooooonnn!!'