$108,114.00
-0.62%$2,756.59
4.67%$2.29
-0.66%$689.07
0.69%$173.79
-0.59%$0.999782
-0.00%$0.225569
0.67%$0.757035
0.47%$0.274562
-1.62%$2,743.97
4.41%$107,597.00
-0.81%$3.64
-0.71%$3,315.80
4.79%$34.31
-3.01%$16.04
1.63%$23.94
1.97%$0.286628
-0.12%$0.00001457
1.11%$426.02
2.76%$3.37
11.78%$9.04
-0.32%$0.189137
1.35%$2,726.04
3.54%$96.75
1.17%$0.999778
-0.00%$4.65
3.14%$2,924.52
4.14%$348.27
-1.45%$5.35
0.49%$0.00001458
6.18%$1.00
0.19%$0.734686
-2.21%$0.999203
-0.16%$108,106.00
-0.64%$31.63
-0.54%$7.41
17.67%$270.72
0.70%$437.64
-2.81%$2.96
5.21%$5.52
2.85%$209.53
-0.54%$52.56
1.06%$38.75
1.54%$0.949386
0.57%$5.53
4.19%$0.098628
0.78%$1.00
0.00%$18.99
2.31%$1.17
-0.03%$0.102768
-2.81%$12.65
-0.67%$20.60
-0.48%$0.727564
0.32%$0.91911
4.58%$0.02737347
-0.67%$0.405568
2.06%$4.49
1.28%$1.052
-0.11%$4.88
3.68%$1.002
0.28%$1.38
-0.66%$0.436808
9.38%$0.233332
1.84%$107,969.00
0.16%$2.92
1.67%$4.43
0.17%$0.221166
0.02%$0.601459
-2.34%$2.67
0.70%$117.38
3.42%$2,767.18
5.12%$0.996496
-0.19%$4.65
0.16%$0.00002032
-0.70%$2.38
-2.54%$183.84
-0.69%$15.02
0.81%$0.454215
2.60%$11.44
0.75%$0.81115
6.67%$2,847.97
3.43%$0.865393
-1.19%$1.32
-3.47%$3,097.82
3.62%$1.25
-0.63%$0.997065
-0.19%$0.23047
3.12%$4.35
0.20%$0.01853392
-0.39%$0.649878
2.26%$1.15
5.09%$0.757532
-1.13%$0.113131
1.80%$0.790983
4.99%$0.063514
-4.69%$0.00010556
5.42%$107,617.00
-0.97%$2,950.68
5.33%$1.088
16.13%$1,760.94
6.12%$1.002
0.34%$225.60
-0.30%$2,860.01
3.50%$3.13
-1.88%$689.65
0.86%$2.80
-0.83%$0.02001688
3.69%$0.893697
1.45%$0.991269
10.05%$106,727.00
-1.76%$193.49
-0.45%$0.999723
0.04%$53.85
2.98%$1.00
-0.03%$109,229.00
0.58%$2,854.27
3.60%$0.01735282
-0.90%$24.83
9.14%$0.821155
-1.27%$3,267.64
-1.24%$0.139621
1.76%$0.210918
1.15%$0.01253686
-2.65%$3,279.96
-1.21%$0.312156
1.47%$4.61
2.75%$36.64
-0.27%$0.553179
-3.53%$0.00000073
-0.15%$12.46
0.59%$3.80
2.49%$0.069753
4.30%$107,365.00
-0.63%$1.96
-1.44%$0.651118
4.48%$0.114784
0.45%$0.999965
0.00%$111.22
0.01%$0.40981
2.58%$1.93
-1.47%$0.997575
-0.01%$2.03
-0.53%$0.01828877
-1.10%$2,770.04
5.16%$2,770.06
5.01%$0.600598
-0.49%$2.17
-5.68%$0.313421
-0.14%$0.72925
3.55%$1.071
-1.70%$0.226002
0.87%$2,832.50
3.91%$2,925.83
4.39%$0.00533692
0.10%$2.20
-3.66%$108,067.00
-0.54%$1.74
14.01%$0.169
6.24%$2,726.04
3.55%$0.438669
1.02%$18.19
0.12%$0.651737
3.73%$7.62
2.38%$0.189296
-4.63%$0.999719
0.01%$0.597587
0.50%$0.00849642
0.36%$1.10
0.09%$107,403.00
-0.99%$1.49
7.58%$0.103852
1.43%$2.94
2.39%$0.052012
-0.77%$0.00000121
2.72%$6.66
0.72%$0.430478
0.21%$0.091326
3.05%$0.706144
4.96%$0.999792
0.00%$0.422452
-2.55%$34.64
-2.86%$0.456942
-1.53%$0.062579
-0.39%$0.00002221
0.52%$0.176067
-3.95%$105,297.00
-1.03%$0.169032
-2.56%$0.04475452
1.76%$0.00000043
-1.54%$2,723.88
3.65%$0.00526351
16.59%$1.088
-0.03%$1.49
0.57%$1.003
0.25%$1.50
-1.99%$36.88
-0.40%$2,890.30
3.44%$0.00433956
-2.34%$0.00757354
-1.93%$43.55
2.89%$0.00461275
0.40%$1.00
0.03%$0.159029
-2.44%$0.999902
0.01%$1.001
0.22%$0.394907
0.96%$3,020.80
4.36%$0.0194627
-1.19%$140.66
2.48%$0.0053772
0.96%$110,429.00
1.86%$34.63
-2.67%$2,971.05
3.57%$0.801166
0.52%$0.862274
1.72%$0.231612
1.17%$2.93
2.11%$2,768.81
5.04%$0.03512858
-2.06%$108,062.00
-0.58%$0.00006353
0.58%$0.00391753
-2.39%$0.346496
3.34%$0.584829
-4.48%$0.306804
-3.20%$0.242448
3.22%$2,737.18
4.03%$0.00000162
1.53%$2,978.46
4.72%$0.820709
4.98%$0.347642
0.47%$19.85
0.11%$23.72
0.83%$188.66
-0.57%$0.999396
-0.00%$0.692163
0.08%$19.02
4.33%$1.001
0.15%$0.253237
1.39%$1.00
0.02%$2.76
2.51%$23.99
0.33%$3.24
-2.56%$0.00283706
4.49%$0.684219
0.07%$194.30
-0.41%$0.00068392
-2.08%$0.999731
0.00%Reading
It was supposed to be Dogecoin’s day to shine, as meme makers talked up the joke coin’s prospects of hitting the $1 mark (or, even better, $0.69) on 4/20.
Alas, Dogecoin didn’t obey.
The sixth-largest cryptocurrency by market cap instead rolled around in the mud, dirtying its price to as low as $0.29, down from an all-time high of $0.40 over the weekend. Its current price of $0.34 represents a 20% drop over the last 24 hours, per data from Nomics.
Doge Day, like all cultural phenomena these days, started its life on the internet just over a week ago, when hordes of Dogecoin-loving Redditors and Twitterati posted memes and rallying cries encouraging others to pump up the price of the coin on April 20.
The makeshift holiday had some prominent brand backers, including Snickers and Axe Body Spray:
Guess what day it is? #DogeDay. Tomorrow? #DogeDay420 😎 (not an actual Snickers pack, just a cool #doge gif) pic.twitter.com/9GAeFsRJU9
— SNICKERS (@SNICKERS) April 19, 2021
if it gets to $1, we’ll make it happen. #dogeday #doge420 pic.twitter.com/XssGr6EeHe
— AXE (@AXE) April 20, 2021
What it hasn’t had, at least not yet at the time of writing, is the endorsement of Dogecoin’s patron saint of price-pumping, Elon Musk. The Tesla CEO has long enjoyed tweeting about the token, which was created in 2013 as a joke, and egging on buyers.
Reminder: Correlation does not imply causation. Unless, of course, you run the world’s most famous electric car company, have 50 million Twitter followers, and can’t help but make optimistic statements about the world’s best-known memecoin. Yes, Elon Musk is tweeting about Dogecoin. Again. And now the price of DOGE is going up. Again. Late Wednesday evening, the Tesla CEO tweeted artwork of a dog and a moon captioned “Doge Barking at the Moon.” In crypto parlance, “moon” refers to a rapidly risi...
Musk last week invoked Dogecoin in a tweet, spotlighting the currency to his 50 million followers as it catapulted from $0.14 to $0.40 in mere days. Musk said in a February talk on Clubhouse that his tweets about Dogecoin are "meant as a joke," but there’s ample evidence that those tweets, even if crafted in jest, have a direct effect on Dogecoin’s price.
The Doge faithful are likely still hoping, as of Tuesday evening, that Musk hasn't forgotten his Twitter password on their big day.
New York Mayor Eric Adams continued his push to shepherd the crypto community to the Big Apple on Wednesday, calling for the creation of a Bitcoin Bond in the city and the removal of its controversial BitLicense requirements. "New York is the Empire State. We don't break empires—we build empires. We're saying to you: come back home,” he said during a stop at the Bitcoin 2025 conference. “You have a mayor who is the crypto mayor, is the Bitcoin mayor, and I want you back in the city of New York,...
The Bank of Korea is considering linking its deposit tokens to a public blockchain, a move that would position its state-backed digital currency alongside private-sector stablecoins operating on open networks. The tokens will be “a type of stablecoin issued within the digital currency system built and operated by the Bank of Korea,” the bank’s Deputy Governor Lee Jong-ryeol said in a statement Decrypt has confirmed with local sources. "We are considering a direction in which it will coexist with...
Professor Andrew Urquhart is Professor of Finance and Financial Technology and Head of the Department of Finance at Birmingham Business School (BBS). This is the sixth instalment of the Professor Coin column, in which I bring important insights from published academic literature on cryptocurrencies to the Decrypt readership. In this article, we’ll investigate cryptocurrency derivatives. Bitcoin has gone from being an obscure digital asset traded by blockchain enthusiasts to one of the most trade...
