which, according to available data, went from a low of little under 2,000 per 3-hour period to well over 20,000, an increase of about 900. This irrational enthusiasm, coupled with large players manipulating largely unregulated markets, has resulted in a weekly cycle of rallies and crashes across just about every crypto asset. Jackson Palmer remains unconvinced that its the real reason behind doges spike. Dogecoin, source: Dogecoin, this cryptocurrency just reached a 2 billion market capitalization this weekend. While that project is undoubtedly interesting, and has rightly seen interest in Dogecoin increase a lot. At the same time, confidence in Bitcoin was shaken: hacks and scams dominated the news cycle, and merchant adoption failed to grow at forecasted rates. Its mascot. Dogecoin started as a parody of the multitude of alternative cryptocurrencies, or altcoins, flooding the market at the time. The popular, seemingly meme-powered crypto Dogecoin has shown impressive price performance in the past weeks as the rest of the crypto market has suffered.
Dogecoin Explodes To 2 Billion, Reaches All-Time High - Forbes
Dogecoin Surges 54 as Trading Volume Explodes, Dogethereum
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Dogecoin Surges 111 in a Week as Trading Volume Explodes dogecoin recently saw its price rise and its trading volumes explode. It just blows my mind, is his assessment of that situation. In 2013, the vision for the future of cryptocurrencies seemed relatively clear: To deliver a peer-to-peer alternative to cash that, through decentralization, did away with the need for trust in financial institutions, which the 2008 crisis showed to be unscrupulous, and often corrupt. Still, I cant concede that its game over for cryptocurrencies. Over the past year weve seen the collective market cap of all cryptocurrency assets balloon to more than 700 billion USD, largely because of speculative trading. Investors who forex tester 2 missed out on bitcoin's rapid rise are looking for cryptocurrency alternatives. Update : This article previously erroneously attributed the price surge to a project our team is currently looking into). Like other cryptocurrencies, Dogecoin can be mined or purchased on exchanges. There is a popular saying in financial markets along the lines of, When your taxi driver is telling you to buy stock, you know its time to sell.
One of the only altcoins with no drama or shady origins surrounding it, Dogecoin was created in 2013.
Fast forward to 2018, and.
Dogecoin is again hitting the headlines, as it s price has exploded in the past few weeks, almost tripling in value.
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