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Dogecoin (/ ˈ d oʊ (d) ʒ k ɔɪ n / DOHJ-koyn or DOHZH-koyn, [2] Abbreviation: DOGE; sign: Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. [3]
Download as PDF; Printable version; ... The total cryptocurrency market cap has historically been dominated by bitcoin accounting for at least 50% of the market cap ...
The DOGE leaders have name-dropped many causes they may target, like DEI efforts and public media. Elon Musk and Vivek Ramaswamy have big plans for the Department of Government Efficiency.
In November 2020, Bitcoin again surpassed its previous all-time high of over $19,000. [ 31 ] In early 2021, Bitcoin's price fluctuated wildly, [ 32 ] rising to $34,792.47 on 3 January 2021 before crashing by 17 percent the next day [ 33 ] and reaching above $40,000 for the first time on 7 January.
That caused a significant decline in XRP's market capitalization and created chaos on the markets. [2] [3] According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. [4] In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount.
Market cap is given by the formula =, where MC is the market capitalization, N is the number of common shares outstanding, and P is the market price per common share. [ 8 ] For example, if a company has 4 million common shares outstanding and the closing price per share is $20, its market capitalization is then $80 million.
Download as PDF; Printable version; In other projects ... the date on which their market cap first exceeded $1 trillion and their record market cap. ... [64] [note 4 ...
In November 2020, PayPal added support for bitcoin in the US. [45] In February 2021, bitcoin's market capitalization reached $1 trillion for the first time. [46] In November 2021, the Taproot soft-fork upgrade was activated, adding support for Schnorr signatures, improved functionality of smart contracts and Lightning Network. [47]