Connect with us


It is not Bitcoin and Ethereum that run the show in the cryptocurrency market. Dogecoin, supported by Elon Musk, has risen in price by 50% per day, by 11000% in a year



While Bitcoin still cannot re-approach the $ 60,000 mark, and Ethereum is slowing down its growth, another cryptocurrency is growing by leaps and bounds: in just a day, Dogecoin, actively supported by Elon Musk, added 50%!

Growth for the week is no less impressive: 135%. And in a year, Dogecoin has added 11,000% at all! At the moment, the cost of 1 DOGE is 0.65 US dollars, although not so long ago they were given a few cents for it. In terms of capitalization (just over 87 billion), Dogecoin is already the 4th in the list of the largest cryptocurrencies in the world, and if the growth continues, then Binance Coin, which is now the third in terms of capitalization after Bitcoin and Ethereum, will soon fly out of the Top 3.

It is not Bitcoin and Ethereum that run the show in the cryptocurrency market.  Dogecoin, supported by Elon Musk, has risen in price by 50% per day, by 11000% in a year

What is the reason for such a rapid growth in Dogecoin in recent days? She is, to put it mildly, unusual, and also associated with Elon Musk. According to Edward Moya, a senior analyst at OANDA brokerage company, investors began to buy this cryptocurrency because of … Saturday Night Live, which will be hosted by the head of Tesla. It should be thought that if Musk cannot fully get used to the image of a cheerful joker host, then Dogecoin will begin to fall. In the opposite situation, growth will continue.

Click to comment

Leave a Reply

Your email address will not be published.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


Latest News

News2 hours ago

Users will be able to replace switches in the Epomaker AK84S mechanical keyboard

A fundraising campaign for the Epomaker AK84S 84-key wireless mechanical keyboards has been organized on Kickstarter. A feature of this...

News3 hours ago

Microphone SPC Gear SM950 Onyx White addressed to streamers

SilentiumPC has introduced SPC Gear for those who are fond of streaming. The SPC Gear SM950 Onyx White microphone is...

Components3 hours ago

Roccat Kone Pro and Kone Pro Air gaming mice are on sale

Turtle Beach has announced the launch of the Roccat Kone Pro and Kone Pro Air gaming mice. The buttons on...

News7 hours ago

Bill Gates lost his seat on the board of directors of Microsoft due to an intimate relationship with an employee of the company

According to The Wall Street Journal, Microsoft’s board members decided last year that Bill Gates, the company’s co-founder and former...

Phones8 hours ago

The global version of the popular smartphone Redmi Note 9 has fallen in price

The global version of the popular Redmi Note 9 smartphone is available on AliExpress for just $ 144. Redmi Note...

News8 hours ago

Developing Countries Fight To Buy Huawei Data Centers Despite US Espionage Warnings

Since 2006, many developing countries have signed agreements with Huawei to provide data centers and cloud infrastructure. A study by...

Phones8 hours ago

Honor revealed details about the new smartphone before the announcement

Honor has officially announced that the new flagship smartphone Honor Play 5 will be equipped with a 6.53-inch OLED screen....

News9 hours ago

It’s not like Apple. The company introduced a “new generation of sound” at no additional cost

Apple today announced Spatial Audio with Dolby Atmos support, coming to Apple Music. The soundtrack is multidimensional and therefore more...


Most Popular