'This ain't no game' as DOGE briefly flippens Nintendo and takes #4 spot from XRP
Cointelegraph
Published May 04, 2021 11:38AM ET
Updated May 04, 2021 03:20PM ET
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.
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Written By: Cointelegraph
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