Dogecoin Cracks Top 20 on CoinMarketCap

  • Alex Dovbnya
    📰 News

    An immensely successful “joke” crypto Dogecoin has reached a new milestone. After recently witnessing a huge growth in price, the coin’s market cap is sitting at $619 mln


Dogecoin Cracks Top 20 on CoinMarketCap

An immensely successful “joke” cryptocurrency Dogecoin has reached a new milestone by joining the top 20 biggest digital assets by a market capitalization. After recently witnessing a huge growth in price, the coin’s market cap is sitting at a whopping $619 mln. It is worth mentioning that Dogecoin has jumped by over 14 places in only one month. With that being said, the top 10 ranking doesn’t seem to be that far-fetched.

While Dogecoin has a reputation of being used by market manipulators in crypto pump-and-dump schemes, this rise in price seems completely organic. Experts state that the sudden spike is the result of a much awaited “Dogethereum Bridge.”
 

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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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