‘Joke’ Bitcoin Rival Dogecoin Found To Have ‘Remarkably Strong Fundamentals’ As The Price Hurtles Toward $1 And A $100 Billion Market Cap

Dogecoin, the meme-based, tongue-in-cheek bitcoin rival that’s soared by more than 20,000% over the last 12 months, is still climbing.

The dogecoin price has added 130% in the past week, taking it to highs of 69 cents, as hype builds ahead of Tesla
TSLA
billionaire and dogecoin devotee Elon Musk’s planned SNL appearance. In comparison, the bitcoin price is only up a mere 500% since May 2020 and has been more-or-less trading sideways since mid-February (even as other cryptocurrencies…