Dogecoin rockets 800% higher and enters the top 10 as WallStreetBets starts to pick up on cryptoBTC $32,870 (+5.7%) • ETH $1294 (+1.6%) • DOT $16.19 (+1%)
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Author: Nick Chong Over the past few months, there have been expectations of an extremely strong Dogecoin (DOGE) rally. Each and every bull market/trend over the past half-decade plus now has been marked by an extremely strong rally in the DOGE price. It’s a meme-based cryptocurrency of course, though has done really well. This past day, the rally finally began to play out for everyone’s favorite meme cryptocurrency. Per CryptoSlate market data, DOGE has appreciated by over 200 percent in the past 24 hours, pushing from the $0.008 range to over $0.068 right now. The cryptocurrency is currently trading at all-time highs and a market capitalization of $8.7 billion. The cryptocurrency has seen a strong spike in volume, with over $10 billion worth of DOGE traded across exchanges in the past day. Ad 📈 Buy 80+ Different Coins at True Cost. No fees, No markups. 🔥 Trending Sectors
More news ⏬DeFi bulls continue to roar as Gamestop (GME) saga continuesEven the ever-noisy crypto space has been overrun with comments about the Gamestop (GME) saga playing out in traditional finance. IOHK launches the new Plutus Playground for Cardano (ADA) developersIOHK, the company behind the Cardano blockchain, has announced the launch of the new Plutus Playground. Tron (TRX) founder Justin Sun to buy $1 million of GameStop stockThe outspoken, media-loving crypto entrepreneur claimed he would support the cause in a tweet this morning. New Grayscale trust filings spin rumour mill into overdrive for Cardano, Polkadot, Cosmos and moreCrypto asset manager Grayscale Investments filed new trusts for Aave, Cardano, Cosmos, Monero, and Polkadot in the Delaware corporate registry. Why a trader says a Bitcoin bottom is close, based on a key technical structureScott Melker, a cryptocurrency trader and the author of The Wolf Den Newsletter, believes a short-term Bitcoin bottom is close. Mark Cuban reveals his crypto wallet and Ethereum DeFi coinsMark Cuban, billionaire investor and owner of the NBA’s Dallas Mavericks, has inadvertently “doxxed” his Ethereum (ETH) wallet today, revealing a cornucopia of mostly DeFi ERC-20 tokens that he holds. Reno, Nevada Mayor Hillary Schieve pushes the government to adopt ChainlinkThe oracle platform got one of its biggest political endorsements yesterday. Crypto is booming — here are 5 ways to make sure you don’t get scammedCrypto is booming. Stably CEO Kory Hoang explains how first-timers should buy Bitcoin (and where stablecoins are headed)
2020 was the year of decentralized finance. It saw the rise of hundreds of DeFi apps, yield-farming tools, algorithmic stablecoins, and several other avenues revolving around one major theme: How to put one’s passive crypto holdings to generate even more crypto? Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🗞 Got a story tip? Email tips@cryptoslate.com Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.
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