Btock bitcoin

Dogecoin, the cryptocurrency that started out as a joke, grew by % in one week

btock bitcoin

Ionuț Ardeleanu apr. Defying all forecasts, the cryptocurrency had a market capitalization of 40 billion dollars on Friday and reached yesterday reached a value of 32 cents, double that of the previous day.

Like many other cryptocurrencies, the dogecoin price started to increase infollowing the market btock bitcoin.

btock bitcoin

It has since disappeared from the radars. But earlier this year, the stock price rose sharply, backed by the enthusiasm of a Reddit group called SatoshiStreetBets.

btock bitcoin

Like the WallStreetBets group, which supported the advancement of the shares of GameStop in earlySatoshiStreetBets aims to support the price of cryptocurrencies. On Friday, a Reddit user posted a picture of his stock of dogecoin cryptocurrencies on his Robinhood app.

btock bitcoin

Why Dogecoin is growing One of the reasons is the listing of the Coinbase cryptocurrency trading platform.

Listed on the US stock exchange on Wednesday, the platform briefly reached a capitalization of billion dollars.

btock bitcoin

Some analysts attribute the evolution of Dogecoin to the support that came from Btock bitcoin founder Elon Musk, who posted several tweets in support of the coin. Doge Barking at the Moon pic.

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