DOGECOIN HAS ITS DAY AS CRYPTO FANS PUSH IT UP

Fans of the cryptocurrency yesterday toutied April 20, long an unofficial holiday for marijuana devotees, as Doge Day and implored each other to get its value up to $1. 

That may not sound like much, particularly when compared against the $50,000 or $60,000 that a bitcoin is worth, depending on the day. 

But it would be an astonishing ascent from the roughly half of a cent that a Dogecoin was fetching at the start of the year.

Dogecoin, which is pronounced dohj-coin, has already leaped to roughly 39 cents, up more than 8,000 per cent for 2021 so far. 

That towers over the roughly 11 per cent return for the U.S. stock market, which itself is getting criticism for rising too high. 

Collectively, dogecoins have a total market value of roughly $50 billion, according to CoinDesk. That puts it on par with Dow Inc. or Kimberly-Clark, which makes Kleenex and Huggies.

This post first appeared on Thesun.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

iPhone fans must learn three huge iCloud secrets – it’s too risky not to

APPLE’S genius iCloud is often a mystery even to those who rely…

Musk Exercises Final Batch of Tesla Stock Options Behind Recent Share Dealings

Elon Musk has exercised the final batch of a package of vested…

A Max Password-Sharing Crackdown Is Coming

Be warned, all ye who watch House of the Dragon thanks to…

Billions of Android and iPhone users warned to delete apps now over ‘spying concerns’ – experts issue 3 steps to privacy

CYBERSECURITY experts have issued a warning over apps that use their location…