Cryptocurrencies are breaking records. Dogecoin price has already exceeded 13 cents for the first time
Dogecoin, the crypocurrency that features the face of a Shiba Inu dog as its logo, has surpassed 13 cents for the first time. Cryptocoin price increased by 85% in the last 24 hours. Its market cap is now over $17 billion.
This currency has many fans, a large group on Reddit, and Billionaire Elon Musk, who, with his tweets about this cryptocurrency, increases its value.
The latest surge comes as investors gear up for the direct listing of cryptocurrency exchange Coinbase Global, which could further help validate crypto buying and selling as a business.
Bitcoin also rocketed to a new record above $62,700 this week ahead of that listing, and other cryptocurrencies have also enjoyed big gains.
Tesla has also promised customers that they can buy their cars with Bitcoin.
The cryptocurrency market is very unpredictable, for example, a month earlier, BitTorrent (BTT) cryptocurrency soared from $0,005 to $0,01.
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