It was also fun to actually be able to solve blocks solo when it first released. I got into bitcoin too late to do anything outside of pool mining, so I missed out there.
1) Fork Bitcoin or Litecoin repo
2) Come up with cleaver name. In this case, an exhausted meme that some will be amused by
3) Do mass renames in fork
4) Make a logo and website
5) Post to internet and make eBay auctions for coin, call it "THE NEXT BITCOIN!!!"
What's absurd is that these meta-joke coins can still speedily acquire value. The price of Dogecoin has doubled or tripled in the last 2 days on this exchange (volume is tiny) https://coinedup.com/OrderBook?market=DOGE&base=BTC
Is it still a joke then? Yes, but some people clearly don't think so. If you extrapolated the final market capitalization from the current price, it would already have reached over $10m
> Doge is a slang term for “dog” that is primarily associated with pictures of Shiba Inus (nicknamed “Shibe”) and internal monologue captions on Tumblr. These photos may be photoshopped to change the dog’s face or captioned with interior monologues in Comic Sans font.