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The most popular meme coin was founded by software engineers Billy Markus and Jackson Palmer.

At the time, Markus was working for IBM from Portland, Oregon, while Palmer was a member of the Adobe Systems Marketing Department in Sydney.

Markus then reached out to Jackson Palmer and jokingly tweeted, “Investing in Dogecoin, pretty sure it’s the next big thing.”

Ten days later, the pair were in touch about developing it together.