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Dogecoin Tops XRP as Its Market Cap Swells to $72 Billion

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Tue, 4/05/2021 - 12:55
Dogecoin Tops XRP as Its Market Cap Swells to $72 Billion
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Joke cryptocurrency Dogecoin continues its shocking ascent, now surpassing Ripple-affiliated XRP by market capitalization for the first time since 2014, according to CoinMarketCap data. Back then, both of them were below Nxt, Dash and Peercoin.

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Dogecoin is bigger than BMW

The meme coin logged yet another all-time high at 12:31 p.m. UTC, with its market cap swelling to a staggering $72 billion. To put things into perspective, the cryptocurrency, which originally began as a Bitcoin parody, is now bigger than Santander, Intercontinental Exchange and BMW.

At press time, Dogecoin occupies fourth place, its highest position ever, on CoinMarketCap.

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It is now up nearly 16,000 percent in 2021, demolishing the returns of every other major cryptocurrency save for Binance Coin. Dogecoin is also the best-performing coin in the top 100 over the past 24 hours, rising by over 35 percent.

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