The total value of the dogecoins in circulation is nearly $50 billion — not bad for a digital currency that started as a joke.
It is the No. 5 most-valuable cryptocurrency on the market, according to CoinMarketCap, having increased more than 6,000% this year.
The price of a dogecoin doubled again Friday after Tesla (TSLA) CEO Elon Musk tweeted about it for the umpteenth time (more on that in a bit). Demand for Dogecoin spiked so much this week, it briefly broke Robinhood’s cryptocurrency…
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