In brief
$DOGE is here!
Here's what you need to know
👉https://t.co/GJWYpH98VM⚠ Not investment advice
— eToro (@eToro) May 3, 2021
Definitely
— Elon Musk (@elonmusk) May 1, 2021
$104,210.00
0.28%$2,506.80
-1.21%$2.40
0.05%$656.93
-0.83%$175.37
-0.04%$0.999991
0.00%$0.240087
1.01%$0.816762
1.10%$0.263907
-0.62%$2,506.59
-0.99%$4.19
4.64%$104,256.00
0.37%$17.15
1.79%$25.27
0.79%$3,009.20
-1.15%$1.38
45.33%$0.00001646
1.29%$0.310763
0.39%$0.209891
-0.56%$3.45
0.42%$24.72
0.04%$409.91
-1.31%$5.19
1.73%$8.34
0.30%$101.35
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-1.27%$337.08
3.98%$0.0000142
8.59%$2,673.05
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11.93%$0.998391
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7.36%$0.675825
1.14%$8.26
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0.06%$2,573.91
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0.02%$0.098499
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0.16%$104,274.00
0.59%$0.104212
0.63%$0.00000121
4.37%$0.065447
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1.71%$0.04839317
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3.32%$0.699197
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0.85%$2,497.60
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0.57%$0.00000043
1.35%$0.00615162
4.74%$0.421248
12.95%$0.257543
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10.23%$0.429618
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0.00%$0.203632
7.39%$104,044.00
1.46%$0.992215
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4.75%$0.00007016
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2.16%$0.00423193
18.64%$0.0044574
-1.40%$0.01939704
-0.33%$33.92
-0.13%$0.0374578
-1.21%$0.888813
-0.85%$1.00
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-1.51%$2,645.27
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0.65%$1.00
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2.98%$21.54
0.22%$0.0008286
34.85%$0.03843411
2.64%$2,753.93
-1.21%$25.21
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-1.76%$2,732.44
-0.98%$104,067.00
0.20%$0.00000161
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-0.03%$24.79
0.78%$0.00311396
6.73%$1.00
0.08%$19.21
1.39%$1.00
-0.02%$2,506.24
-1.07%$2,701.22
-1.27%$1.098
-0.12%$25.02
0.63%$0.00
6.08%$1.091
-6.23%$2,504.72
-1.13%$0.883925
0.67%$0.59818
0.33%$0.722657
-1.85%$0.00391742
3.79%$0.01482092
0.80%$0.267403
-8.65%$0.286692
-1.98%$0.122857
-1.37%Reading
Dogecoin (DOGE) hit a new all-time high on Tuesday, May 4, climbing past $0.50 to its current price of $0.531, per CoinGecko. The meme coin is currently the fifth most valued cryptocurrency, with its market cap growing to as much as $61.8 billion.
Dogecoin’s impressive price surge followed its listing on popular social trading platform eToro, with trading in DOGE opening on Monday.
$DOGE is here!
Here's what you need to know
👉https://t.co/GJWYpH98VM⚠ Not investment advice
— eToro (@eToro) May 3, 2021
Dogecoin has been on a tear recently, beginning the month with a surge to $0.38 as social media influencers and celebrities queued up to sing the praises of the meme coin.
Dogecoin's most prominent backer remains Tesla CEO Elon Musk, who has tweeted regularly about the cryptocurrency in recent months, adopting the title of “Dogefather.” Musk's tweets have been linked to increases in the price of DOGE—though in a discussion on audio chat app Clubhouse in February, he stated that his posts about Dogecoin are "really just meant to be jokes."
Definitely
— Elon Musk (@elonmusk) May 1, 2021
This coming weekend, on May 8, Musk is set to make his debut as a host on comedy show Saturday Night Live, giving him a huge platform to share his views and opinions. The Tesla CEO has said that he's "definitely" going to reference his "Dogefather" title, which will have fans of the cryptocurrency hoping that a Dogecoin namedrop on SNL will have the same effect on its price as Musk's Twitter pronouncements.
Other prominent figures who have lent their support to Dogecoin include Mark Cuban, the billionaire entrepreneur and owner of the Dallas Mavericks basketball team, who yesterday turned his attention to the meme coin.
According to Cuban, Dogecoin could well become “a usable currency” if more companies start accepting it for their products and services, and it “may hold its purchasing value better than a $ in your bank.”
Yesterday, the Oakland Athletics MLB team announced that it's selling pairs of tickets for 100 DOGE each between May 3 and May 6. If the price of Dogecoin continues on its current trajectory, that could wind up being an expensive purchase for a DOGE holder.
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Dogecoin hit its highest price in months early Saturday, nearly touching $0.23 as the broader crypto market rebounds—and Bitcoin sits mere percentage points away from its own current all-time high. Over the last week, DOGE has jumped nearly 27% to a current price of $0.225, including an 9% rise in the last day alone. Saturday's earlier price peak is the highest recorded for Dogecoin since March 2, per data from CoinGecko. Along with price gains, open interest on Dogecoin is up to its highest lev...
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