Dogecoin (DOGE) market cap hits $50B, surpassing ING and Barclays
Cointelegraph
Published Apr 19, 2021 01:30PM ET
Updated Apr 19, 2021 11:20PM ET
The last 10 days have been nothing short of impressive for Dogecoin (DOGE), which rallied by more than 500% to a new all-time high at $0.45. Even after a 15% correction, the powerful rally catapulted Dogecoin’s market capitalization above well-established financial institutions like ING, Barclays (LON:BARC) and Credit Agricole (OTC:CRARY).
The meme-driven cryptocurrency was pushed higher by multiple Twitter posts from Elon Musk, CEO of Tesla (NASDAQ:TSLA) and SpaceX — and the second-wealthiest person alive. Musk is not the only billionaire businessman to support the cryptocurrency.
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Written By: Cointelegraph
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