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Known as the token behind "the accidental crypto movement," dogecoin started as a joke, evolved into a trendy meme coin and now enjoys the status of one of the world's most popular digital assets.
Dogecoin currently has a market cap of $18.5 billion, but that figure would need to soar to $154 billion (assuming its supply remains constant) for its price to hit $1.
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Dogecoin still hasn't reclaimed its 2021 high, and just 2,503 merchants accept Dogecoin as payment worldwide (according to Cryptwerk), so the meme token isn't ticking either of those boxes.
As a result, Dogecoin's price soared to an all-time high of $0.73 on May 8, 2021 -- which represented a 47,279% gain from its earliest trading price of $0.001540753 on Jan. 23, 2014.
Meme token Dogecoin (CRYPTO: DOGE), for example, was sitting on an incredible year-to-date return of 414% until last Wednesday, but it has plunged by 31% in the week since. Dogecoin is heading ...
With the sector rolling, is Dogecoin the better buy at under $0.55, or is it Shiba Inu at less than $0.0004? ... found the token amusing and even began accepting Dogecoin as payment for Mavs game ...
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