With dogecoin back in the news,Passion's Peak (2002) the bubble pop can't be far behind.
The cryptocurrency, which was explicitly created as a parody of crypto in 2013, is on an epic run. As of Saturday, a single dogecoin was worth approximately $0.30 according to CoinMarketCap. That's up from $0.004 at the beginning of the year.
The meme-themed cryptocurrency last made waves in Dec. 2017 just ahead of the Jan. 2018 height of the previous crypto bubble. At the time, articles like "Everyone Is Getting Hilariously Rich and You're Not" seemed the perfect punctuation to a speculative run that for many ended in financial ruin.
Of course, 2021 is not 2018, and the cryptocurrency market is in a different place now than it was back then. The current astronomical price of bitcoin aside, a shift away from scam-laden ICOs to the Coinbase listing on Nasdaq suggests this time crypto's financial dominance may be here to stay.
Or maybe not.
Appropriately, dogecoin has been aggressively memed to prominence over the last few months by the likes of none other than Elon Musk. Which, honestly, might be seen as a leading indicator — just not the kind that's good for the future of dogecoin hodlers.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
Bubble or no, with a market cap of around $40 billion dogecoin is clearly having a moment.
SEE ALSO: So you spent millions on an NFT. Here's what you actually bought.
But moments tend not to last — that's kind of explicitly their thing.
Topics Bitcoin Cryptocurrency
Elon Musk's $8 Twitter Blue hasn't made very much money so farTesla hires the 'absolute unit' meme guy to run its social mediaApple sued for tracking users' activity even when turned off in settingsFacebook shareholders try and fail to limit Mark Zuckerberg's powerNostalgic meme remembers the absurd bowling alley animations we all loveTrump administration bans the CDC from using seven more wordsThe 10 best Disney+ dramas to stir your emotionsMismatched kinkiness: How to talk about kink with your vanilla partnerElon Musk's SpaceX has reportedly bought advertising on Elon Musk's TwitterMillie Bobby Brown's impression of Amy Winehouse is uncannily accurate'White Lotus' Season 2's wild opening credits: Everything you need to knowRihanna moved to London and British people are basically screaming right nowMismatched kinkiness: How to talk about kink with your vanilla partnerMan goes absolutely nuts when he finds out his girlfriend got the jobFacebook shareholders try and fail to limit Mark Zuckerberg's power‘Batman: The Animated Series’: Where to stream Kevin Conroy’s iconic takeWordle today: Here's the answer, hints for November 10Facebook shareholders try and fail to limit Mark Zuckerberg's power'Quordle' today: See each 'Quordle' answer and hints for November 15How Roe v. Wade reversal is impacting dating and sex lives Looking Back at the French New Wave Macaroon vs. Macaron: Cookie Summit 2015 How Le Corbusier‘s Model Homes Popped Up Across Italy Why Is Knausgaard Obsessed with Bowel Movements? Nobuo Okano, Book Repairman Manet to Monet: Don’t Let Renoir Paint Dan McPharlin’s Visions of Past Futures Nabokov Knew How to Hate a Party Remembering St. Nicholas Magazine for Children Can You Spot the Fake Books at Shakespeare and Company? Meet the Man Who Translates Karl Ove Knausgaard Poem: “Clarence in the Seafood Palace” “Say Stupid Shit”: A French Philosopher Mutters to Himself Baudelaire Gets Baked: Read His Notes on Smoking Hashish Of Truffles and Holy Week World Dream in Six Words Adrift: Remembering Yoshihiro Tatsumi by Chris Oliveros Sea and Fog: The Art of Etel Adnan by Nana Asfour Staff Picks: Helen Garner, Tim Parks, Friedel Dzubas How Have We Depicted Madness Throughout History?
2.4529s , 10106.9609375 kb
Copyright © 2025 Powered by 【Passion's Peak (2002)】,Warmth Information Network