User avatar
cardinal
Posts: 1
Joined: Fri Mar 19, 2021 12:05 am

Why Crypto Experts Can't See Dogecoin Hitting $1 Despite Elon Musk, Mark Cuban Backing

Fri Mar 19, 2021 3:57 pm

Dogecoin, a cryptocurrency which started off as a joke, has jumped in value by 50% after inventor Elon Musk dubbed it "the people's crypto".

Cryptocurrencies such as Dogecoin and Bitcoin are generated by computers. Their supposed value comes from the finite number that can be computed.

Dogecoin uses a Shiba Inu dog as its mascot and is based on a meme featuring the animal.

The currency has risen more than 800% in the year so far.

After reaching a high of $0.058 (4.2 pence), each dogecoin is currently changing hands for about $0.055, suggesting a total value for all 128bn coins of about $5.89bn.

Return to “Dogecoin”

Who is online

Users browsing this forum: No registered users and 14 guests