web3/concepts/dogecoin.md

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# Dogecoin
A [[memecoin]] [cryptoasset](cryptoasset.md) based on a joke about the Shibu Inu variety of dogs.
Dogecoin is an example of a crypto asset with no political imaginaries, no [currency](currency.md) narrative, no pretension of [use-value](use-value.md), no [fundamental-value](fundamental-value.md), and no narrative economics whatsoever. it is a pure manifestation of the [greater-fool-theory](greater-fool-theory.md) with an investment thesis rooted purely in financial nihilism.
Dogecoin is part of a larger class of nihilistic investments based around a collective dog money theme
See [market-manipulation](market-manipulation.md).