The Dogecoin festival has been in the works for a while now. The festival was announced following the growing popularity of the meme coin. Now, the festival is really happening. Its intended to bring the Doge community members from all works of life to a single place to celebrate. The announcement was made about the Dogecoin festival earlier in May, however, this was not the same festival to which Elon Musk had replied too. The idea at that time was for DogeFest, to which Musk had tweeted that he thought the idea sounded exciting. Nevertheless, Musk’s then tweeted in support of DogeFest which gave momentum to this current movement. Everything is going to be paid for in Dogecoin and tickets are being sold as NFTs. To be clear, this festival precedes DogeFest, and the “Dogepalooza” is going to be the first Doge festival.
The event is scheduled to take place on October 9th and the headliner has now been confirmed. The famous American singer Dionne Warwick is set to perform at the event. Also preforming will be American musician Damon Elliott. The other musical guest will include composer Chloe Flower.
The festival plans to touch down in multiple cities and countries around the world. Staying open to the wider public. It will include entertainment from both local and national artists. including well known DJs.
The event has created an atmosphere of community and the website contains the DOGE acronym meaning, Do Only Good Everyday. Doge merchandise will also be available for sale at the festivals. It will be both a playground of having fun and a crypto educational event. Attendees will have an opportunity to understand the direction of the Dogecoin project .
It is also an avenue for like-minded blockchain developers who are interested in blockchain job positions, to network with developers, and project creators. All the while enjoying some drinks, some good music, and some great food.
The event also features a segment dedicated to donating to charities. Attendees of the event will be able to donate to there favorite charities using their beloved Dogecoin.
Dogecoin’s market cap has grown over $36 billion, making it one of the most valuable cryptocurrencies in the market.