Trending
​
Top Tags

The market capitalization of joke cryptocurrency Dogecoin (DOGE) has briefly that of Southwest Airlines, the largest low-cost carrier airline in the world, after soaring over 300 percent this week.

Dogecoin reached a new all-time high of $0.298 at 2:35 a.m. UTC on the Binance exchange, with its market cap surpassing $39 billion. The cryptocurrency inspired by the “Doge” internet meme remains significanlty bigger than Litecoin (LTC) and Uniswap (UNI), firmly holding onto its eighth place on CoinMarketCap. Its market cap is now bigger than that of Ethereum one year ago.   

As reported by U.Today, the most recent monster move was supercharged by yet another tweet from Tesla CEO Elon Musk.

The WallStreetBets Reddit group temporarily lifting the ban on cryptocurrency discussions before swiftly reinstating them again might have also contributed to Dogecoin’s resurgence. 

DOGE is up over 5,000 percent in 2021, dwarfing Bitcoin’s seemingly impressive gains over the same time period.   

Dogecoin

Contributed by U.Today.

On By Admin

You may also like

How Crypto Works?

One of the key aspects of the chain is its immutability. It is not possible to alter or delete transactions.

Why Is Crypto Down? The Truth.

Cryptocurrencies have experienced a significant decline in value over the past year. There are several significant reasons why the market has experienced such a downturn. Let's take a look the truth on why crypto is down.

Kraft Heinz CEO says people must get used to higher food prices

The head of food manufacturer Kraft Heinz says people must get used to higher food prices. According to Kraft Heinz CEO Miguel Patricio, the company is “raising prices, where necessary, around the world.” His comments follow a spike in energy and raw material prices alongside supply chain issues around the globe – prompting companies to increase prices.

Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change

Now, in case someone is still confused, none of these institutions, and not a single of the erudite officials running them, give a rat's ass about the climate, about climate change risks, or about the fate of future generations of Americans (and certainly not about the rising water level sweeping away their massive waterfront mansions): if they did, total US debt and underfunded liabilities wouldn't be just shy of $160 trillion.
There is something wrong with Feed URL