A recent viral trend on the social media platform- TikTok- is all about doubloons, but many users are confused about what the trend means.
TikTok has been home to the most meaningless yet useful and crazy trends. Every day you open the app and see that something – which you never thought would trend- is trending on the app and the hashtag for that has already gained a million views.
Something like that just happened recently when netizens started to complain that their ‘For you’ page on TikTok is filled with a cat giving instructions for something. A cat gives you detailed instructions that upon following gets you many doubloons. But what are doubloons?
Background of doubloons on TikTok
Historically, doubloons were gold coins that were mostly used by pirates. But this is not what is making doubloons trend on TikTok. Rather, TikTok users are obsessing over doubloons, because they are now a digital currency.
According to Coin Market Cap, doubloons are a kind of cryptocurrency. Its current worth is $0.0004781. It also tells us that 4,845,824 doubloon coins are circulating currently. It can be saved in a virtual bank or can be used to buy things. We do not know who came up with this trend on TikTok.
What does the cat mean in the viral doubloon videos on TikTok?
The cat has become the face of the trend surrounding this digital currency. Its presence is making it more difficult for the viewers to understand the trend because they can not seem to gauge the connection between doubloons and a cat.
The cat gives a set of instructions to viewers, which if they follow they will get more doubloons for themselves. But since these videos are rapidly circulating, many are saying that the currency is also drastically decreasing in value.
