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This new currency, a so-called meme coin, has no inherent value, but rather fluctuates in price as people buy and sell the coin. ... according to CoinMarketCap—although its price of about $43 ...
The coin reached a record high at the time of $60,000 and attracted new investors such as Elon Musk’s Tesla and the country of El Salvador, led by president Nayib Bukele, a Bitcoin enthusiast.
Elon Musk frequently references "Doge," an internet meme from the 2010s based on a photo of a Shiba Inu dog with Comic Sans text overlaid on top.
Coinmarketcap is a website that provides information and data such as prices, trade volumes, market capitalization on cryptocurrencies. It was founded in 2013 in New York City by Brandon Chez. [ 1 ]
A meme coin (also spelled memecoin) is a cryptocurrency that originated from an Internet meme or has some other humorous characteristic. [ 1 ] The term is sometimes used interchangeably with the term shitcoin , which typically refers to a cryptocurrency with little to no value, authenticity, or utility. [ 2 ]
A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. Exchanges may accept credit card payments, wire transfers or other forms of payment in exchange for digital currencies ...
Elon Musk is quite vocal about cryptocurrencies during events and especially on Twitter. Since he has invested heavily in crypto and is one of the wealthiest people alive, his views seem to drive ...
A lawsuit accusing Elon Musk of rigging dogecoin is ending. Investors in the cryptocurrency who said the world's richest person and his electric car company Tesla committed fraud and insider ...