Dogecoin Mooning, New ATH Of 60 Cents And Overtakes XRP

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Last Updated on 4 May 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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Dogecoin is breaking all records today and going truly parabolic. After having reached a new all time high of 48 cents in the past few hours, Dogecoin simply exploded both in volume and price and is now trading at 60 cents.

On the CoinMarketCap top 10 it has now overtaken XRP and has a market capitalization of 77 billion dollar at the time of writing.

Even Binance Coin should better watch its back because at this speed (it is up 50% in the past 24 hours) even the top 4 does not seem out of reach.

Advertentie.

Elon Musk

It comes as Dogecoin fans are counting down to SNL this weekend where Elon Musk, DOGE’s biggest fan, will be hosting, comes after billionaire Mark Cuban touted Dogecoin on the Ellen Degeneres show and after chef Guy Fieri announced he would be selling Dogecoin t-shirts on his website as from now.

With all that kind of celebrity endorsement, it looks like the memecoin is truly on its way to $1 dollar. Although most technical analysts do not care for the coin, the crypto market is having a blast today and everyone wonders where this will end.