'This ain't no game' as DOGE briefly flippens Nintendo and takes #4 spot from XRP

The market capitalization of Dogecoin (DOGE), a meme-based cryptocurrency that started as a joke seven years ago, briefly passed that of major Japanese video game company Nintendo following a price rally.

According to data from AssetDash, the market cap of DOGE surged to $77.7 billion on Tuesday following a rally that took the price of the coin above $0.60 for the first time. This rally put the market cap of the project ahead of both cryptocurrency exchange Coinbase at $73.8 billion and Nintendo at $76.3 billion. Though the price of DOGE has since fallen to $0.53, its market cap is still above XRP’s, making it the fourth most valuable cryptocurrency, according to CoinMarketCap.

The rally follows the coin flippening Tether (USDT) on Monday after trading platform eToro announced it had integrated support for Dogecoin. On Tuesday, major crypto exchange Gemini followed suit, with co-founder Tyler Winklevoss calling DOGE “organic, irreverent, and fun.”

At the time of publication, Dogecoin’s market capitalization is $66.7 billion, with a wide gap between that of Binance Coin (BNB) at $96 billion and major United States-based companies including General Motors and FedEx. Should the token reach a price of $0.61, it would reach parity with the Bulgarian lev.

Comments

Tom Selleck is tortured daily because of his long-term disease, his friends say

If rumors are to be believed, fans of the 'man behind the mustache' might have considerable cause for alarm over the actor's health. Several articles have recently made the rounds, all with the same premise: Hollywood heartthrob, Tom Selleck is facing rapidly declining health as he suffers from a debilitating bout of arthritis. One such source to lay claim to Selleck's failing health is Ghanamma.com, whose information is supported by The Nation, an online newspaper. Both sources state that Selleck's arthritis is becoming increasingly painful and hindering, to the point where he can no longer do his own stunts. More than that, however, the publications reported that Selleck uses a stunt double not only for demanding, challenging scenes, but also for the more trivial, mundane tasks, such as simply climbing out of his police vehicle on set while filming Blue Bloods. Some days are worse than others for the former action star, unnamed sources said, claiming tha...

Dogecoin surges 30% to a record above 50 cents as speculative crypto trading continues

Dogecoin , the cryptocurrency based off a viral dog meme from nearly a decade ago, surged 30% on Tuesday to set a new record high at more than 50 cents per coin. The cryptocurrency was trading at about 54 cents, according to data from Coin Metrics. Dogecoin rose to roughly 40 cents per coin last month before falling sharply for several days after the calendar turned to April 20, a date widely celebrated as a marijuana-themed holiday. Dogecoin was started as a joke in 2013 amid a boom in early cryptocurrencies. It was based on a popular internet meme at the time that featured a Shiba Inu dog and cartoon-style text over the image. Its rise in recent months has been highlighted by many as a sign of froth and speculation in the financial markets, particularly among younger investors who started trading during the pandemic. The coin has been boosted in recent weeks by billionaires Elon Musk and Mark Cuban , who have both mentioned Dogecoin on Twitter multiple times. Cuba...

Investing In eCash (XEC) – Everything You Need to Know

The eCash (XEC) project builds on the success of Bitcoin Cash and expands on its mission to provide the world with a more secure P2P electronic cash system . Notably, the developers took the valuable lessons learned from Bitcoin Cash and incorporated the solutions into eCash. As such, the protocol is more flexible, secure, and scalable than its predecessor. What Problems Does eCash (XEC) Attempt to Fix? There are a lot of problems that eCash seeks to do reduce in the market. For one, the project was designed to help alleviate investor confusion. Projects like Bitcoin can throw users off due to its abnormal format and unique technical structure. There are new terms and symbols that all add to the technical barriers to adoption. Recognizing these issues as hurdles, eCash’s developers decided to stick with a 2-decimal layout that mimics fiat currency. ecash (XEC) -Twitter Hard Forks Hard forks are another vital issue that eCash eliminates. Anyone who remembers the birth...

Amazing Things

Search This Blog