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Dogecoin Is the 4th Largest Crypto Following Today’s Gemini Listing

by TheCryptoDirt.com
May 4, 2021
in XRP
0

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The worldwide adoption for the favored meme coin Dogecoin continues with the itemizing on the Winklevoss-run alternate – Gemini. On the identical time, the token skyrocketed to yet one more all-time excessive above $0.6 and it grew to become the fourth-largest crypto, surpassing Ripple (XRP).

  • CryptoPotato reported earlier at present Dogecoin’s spectacular efficiency on this 12 months, charting YTD good points of almost 10,000%.
  • Nonetheless, that was hours in the past, which within the cryptocurrency and Dogecoin, particularly, world, feels extra like many years.
  • At that time, DOGE’s newest file was simply shy of $0.50. Not solely the Shiba Inu-inspired token broke above that stage within the following hours, but it surely saved going upwards to its newest all-time excessive of over $0.6.
  • Regardless of retracing since then, Dogecoin nonetheless trades above $0.50 and its market capitalization is near $70 billion.
DOGEUSD. Source: TradingView
DOGEUSD. Source: TradingView
  • In consequence, the meme coin grew to become the fourth-largest cryptocurrency by that metric. This meant that it surpassed Ripple (XRP), whose market cap is simply over $60 billion.
  • According to knowledge from AssetDash, Dogecoin additionally entered the highest 200 international property. After overcoming giants like BMW and MetLife, the token, which began as a joke, is now additionally bigger than the Intercontinental Change and Moody’s Company.
  • The newest value surge got here amid favorable information from the US-based cryptocurrency alternate – Gemini. The buying and selling venue led by Tyler and Cameron Winklevoss announced that customers can deposit DOGE tokens to the platform and buying and selling ought to open quickly.
  • This grew to become the second main itemizing in a day for DOGE, after the addition on eToro earlier at present.
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