The stablecoin's price in dollars surged during the recent market correction to the highest since the "Black Thursday" sell-off in March 2020.
Save the internet intellectualizing for another day.
Volumes on the CoinDesk 20 eight spot BTC venues was over $8 billion for the first time since Feb. 23.
Dogecoin briefly replaced XRP as the fourth-largest coin early Monday.
“The biggest fear for many crypto traders has always been that big governments might impose harsh restrictions on cryptocurrencies,” said one analyst.
As dogecoin's gains top 9,392%, CoinDesk’s Adam B. Levine finds some surprising parallels between the top meme token and bitcoin.
Coinbase is known for its expensive trading fees yet it's still not listing doge, one of the most traded tokens.
DOGE now has a market value of more than $50 billion, surpassing the giant U.K. bank Barclays after tripling in price.
The company’s Twitter post cited “unprecedented demand” leading to traders being unable to complete orders.
The parent company of social media’s favorite meat stick gave DOGE its first-ever earnings call shoutout.
Also, 98 cryptocurrencies are now valued at more than $1 billion each.
Dogecoin doesn't trade on Coinbase but it has rallied ahead of the exchange's shares trading on the Nasdaq.
Bitcoin prices have doubled this year, but several major altcoins have risen by many multiples.
Elon Musk's tweets keep sending dogecoin into the stratosphere, now with a market capitalization over $8 billion.
A listing on Coinbase would unleash dogecoin to a whole new breed of investor.