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  • Dissecting Dogecoin – The Meme Coin That Will Make It In The Indianapolis 500 Race This May

Dissecting Dogecoin – The Meme Coin That Will Make It In The Indianapolis 500 Race This May

Renee Straphorn 5 min read
187
Closeup shot of a pile of cryptocurrency cash golden dogcoins with wow

Dogecoin is grabbing headlines and is bound to continue so until the end of this year’s Indianapolis 500 race, thanks to a hot take that associates the famous Shiba Inu meme logo with the well-awaited event. Dogecoin’s emblematic trademark will receive a prominent position on the IndyCar vehicle belonging to Canadian racer Devlin DeFrancesco in the Indianapolis 500 competition in May 2025. The Dogecoin Foundation and House of Doge, organizations that back up and advertise the DOGE coin, have just made public a new collaboration. The two, Rahal Letterman Lanigan Racing and the abovementioned Canadian driver, are joining forces during the battle to push DOGE to the limelight during what will be the 109th Indianapolis race, one of the world’s most famous sportscar competitions.

This initiative will allow enthusiasts to collectively choose the design of the car that DeFrancesco will drive, with the condition of featuring the doggo logo in the center. The collaboration also deploys a donation platform that raises money to support a cause close to the team’s heart. The event will gather more than 350K physical spectators and more remote participants from all parts of the world on TV and in the online space. What’s different this time is that crypto investors are, too, expected to keep their eyes glued to the screen in an effort to gauge how the Dogecoin price will move. Noteworthy, more than 140BN DOGE coins were circulating last year, with 5.256BN coins being released yearly. Investors anticipate this project to be an opportunity to improve the asset’s standing.

The Roots Of The Famous Dogecoin

The “Doge” word roots don’t trace back to linguists or scholars but rather to a comic series from 2005 that hyphenated the word “doge” as “d-o-g-e” to spark some laughs. Little did spectators know that an apparently insignificant mention would inspire one of the world’s biggest online memes. Nevertheless, the word “Doge” gained meaning when the lovely Kabosu Shiba Inu puppy was associated with it. But the dog had had a heartrending story itself as it was one of the few of his brothers who wasn’t affected and killed by filariasis.

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The Dogecoin logo features the famous Kabosu, a rescue dog adopted from a Japanese shelter by Atsuko Sato. Had it not been for the rescuer’s involvement, Kabosu would have likely faced a much darker fate. Her adoption came at a critical time when the shelter was on the verge of collapsing, the reason for which 19 other Shiba Inu dogs were faith to be euthanized.

The dog had already been named Kabosu due to its resemblance to the kabosu fruit, a name that the rescuer chose to keep. The puppy needed understanding and patience to regain its trust in humans and become comfortable with the new life. As the puppy became friendlier and livelier by the day, Atsuko created a blog to document their living together, where she’d share pics of the future star. The blog housed the first place where the now-famous meme dog picture appeared and went unrecognized for a long time. The picture in question featured Kabosu and his suspicious yet adorable side-eye, a little grin, and legs crossed majestically. The image would turn into a meme in 2012 that governed the internet for ages and is still rolling!

The Way To Popularity

Fast forward to today, that picture ended up being the face of one of the biggest cryptocurrencies and the leading meme coin of our time. The meme was a humorous combo of Kabosu’s expression with comic sans captions, often using broken English to express lighthearted internal monologue.

In 2013, Dogecoin creators Billy Markus and Jackson Palmer were looking for a fun and unique mascot for their crypto. They came across the hyped-up Doge meme and decided to use Kabosu’s image as the logo, capitalizing on the garnered internet fame. The choice helped Dogecoin stand out as a playful and approachable alternative to other cryptocurrencies like Bitcoin, bridging the gap between social media users and the investment space.

Over time, Dogecoin evolved into a prominent meme currency, with Kabosu’s image becoming synonymous with its community-driven spirit. Kabosu’s legacy now extends beyond Dogecoin, symbolizing the power of internet culture and the audience’s appreciation of gestures that kindle kindness.

The Indianapolis Race

The Indianapolis 500, bearing the recognition of “The Greatest Spectacle in Racing,” takes place on 25 May and commemorates the event’s 109th return. Over 350K physical spectators are to participate, and more than 140 countries will broadcast the event.

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The fact that this year’s show creates room for a meme coin – Dogecoin – to catch the public’s eye and interest is a one-of-a-kind occurrence in the crypto system and Indianapolis 500 combined.

Helping Doge Make History At The Indy 500

Fans can support Doge’s extraordinary Indy 500 debut as part of a campaign to bring the meme to the famous race. The strategy entails adding the Doge mascot to a car and featuring it on the track, promoting the asset in an unparalleled way throughout the competition.

This initiative enables race buffs and Dogecoin enthusiasts to vote if they want a DOGE-inspired design to break into the racing scene. Should the scenario come to reality, this project would push the meme and its cultural meaning into the spotlight of one of the world’s top motorsports events. With Dogecoin’s playful and community-driven reputation, this campaign is more than a mere crypto marketing move – it’s a celebration of internet culture and the Kabosu meme’s long-term impact.

If successful, this would mark a new chapter in the history of both Dogecoin and motorsport, combining the excitement of the Indy 500 with the fun and creativity of the Doge phenomenon.

Last Updates

There are three expected versions of Honda featuring Dogecoin: Blaze, Turbowave, and BananaBoost. As part of the collaboration, the Dogecoin Foundation and House of Doge are encouraging the community to follow in the footsteps of DeFrancesco and donate to organizations supporting children’s health. The biggest DOGE giver leading up to competition day can gain a one-of-a-kind Indianapolis 500 racing helmet signed by Canadian racer DeFrancesco himself.

About The Author

Renee Straphorn

See author's posts

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