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Cryptocurrencies

“$1 Dogecoin looks almost inevitable now”

“Dogecoin continued its recent surge Wednesday, hitting new all-time highs and making even the most skeptical admit that the vaulted $1 price goal is looking more and more achievable. The cryptocurrency that no one was meant to take seriously spiked to just under 70¢ before losing a little ground. As of 10:30 a.m. ET, the digital currency was up 19% in the past 24 hours—and almost 14,000% year to date.

Dogecoin’s market cap now stands at $84.88 billion, putting it ahead of [hotlink]Gilead Sciences[/hotlink] and four-fifths of the companies on the S&P 500. Put another way: When measured by market cap, Dogecoin is more than six times more valuable than [hotlink]American Airlines[/hotlink]….”

https://finance.yahoo.com/news/1-dogecoin-looks-almost-inevitable-154234243.html

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