If you are a user of the short-video app TikTok, it is sure that you might have come across some sort of weird challenges or trends that had gone viral all over the world through the app over the past years.
TikTok, according to the latest information, has come up with yet another bizarre and confusing trend that involves doubloons, which is a cryptocurrency, and also videos of a cat, who allegedly ‘gifts’ the users the said doubloons.
What Are Doubloons?
Historically speaking, doubloons are ancient currencies with roots in Spain that date back hundreds of years. In the modern context, currency is often mentioned in association with the historical fictional stories of pirates. But the doubloons that have gained popularity now through TikTok do not have any sort of connection to the above-mentioned stories.
The doubloons on TikTok are a form of virtual currency. This virtual currency, which has little or no connection to history, can be stored in virtual banks and it can be exchanged by the user for a number of different goods. The goods that can be exchanged for the doubloons include things like soup, blankets, salads, coats, and even some services.
How Did Doubloons Become A Trend On TikTok?
If you are a TikTok user, chances are very high that you might have come across a cat on your ‘For You’ page. The cat is the face of the new trending doubloon currency. In the video, the cat is seen stretching out its paws which shows the number of coins that it has to offer to the user.
It is the cat who decided the value of the item that the user wants to purchase and just by following the instructions of the cat in the video, the user automatically becomes a part of the trend.
Just like most of the challenges that became a trend on TikTok, the origin of the trend of doubloon is also not very clear. Even though the origin of the trend is not known clearly, the trend seems to go viral, with more and more users joining in and participating.
While some people participate by knowing the story behind the trend, some are seen joining in just for the sake of memes on the internet. There are also users who are completely confused and baffled about the new challenge, as they know nothing about it.
What Is The Value Of Doubloon?
According to the information provided by the world’s most trusted cryptocurrency agency Coin Market Cap, the value of doubloons is estimated to be around $0.000478 USD. Their available information suggests that there are around 4,845,824 coins of doubloons in circulation as of November 22.
As the trend is going viral worldwide with new users joining in, these numbers are prone to changes in the coming days. While the trend is catching on, there are many people who are still confused about the story and the reason behind it.
According to a Tweet posted by a user, he thought everybody was making some kind of pirate joke that he did not know and that he was unaware that people got the coins as a part of a game.
Another user commented on his concerns regarding the origin and the person(s) behind the new trend. In his Tweet, he questions the cat who sells doubloons and asks wonders why the cat was putting people in doubloon debt. He also questions the origin of the cat who sells these virtual coins to the users.
As with most of the viral challenges and trends on TikTok, there are many users who have not fully understood the challenge and are left confused. If you are one such user who is confused by the latest doubloon trend, it is better not to get involved in something that you do not fully understand and move on.
TikTok is a very active short video platform that offers users a wide variety of content. If one trend is not your thing, then definitely you will find something that will trigger your interest in the vibrant platform.
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