Dogecoin Outperforms Bitcoin and Ethereum 4x and 1.5x This Week, Here’s Why

1 week ago

Over the past seven days, the biggest meme cryptocurrency Dogecoin, so much favored by Elon Musk, has done better than the flagship cryptos Bitcoin and Ethereum.

DOGE has risen 24 percent as opposed to Bitcoin’s 6.2 percent and Ethereum’s 14.9 percent, thanks to the listing on Coinbase Pro and the recent Elon Musk’s tweets.

On Wednesday, the coin surged 30 percent.

The latter has been the biggest factor for the coin’s rise.

https://i0.wp.com/storage.waploaded.com/images/21ac4f59b481b285aeefa7db406db793.jpg

Dogecoin has also demonstrated a major rise by 14,000 percent in the past year.

In his Friday tweet about DOGE, the e-car mogul hinted that the “infinite DOGE supply” is not much different from the “infinite supply of USD” produced by the Fed Reserve.

https://i0.wp.com/storage.waploaded.com/images/04bc96e35acc15af6f57fd6c2e5f67a2.jpg

Related Forums
MicroStrategy Could Buy More Bitcoin With $1 Billion Stock Offering
Forum

MicroStrategy Could Buy More Bitcoin With $1 Billion Stock Offering

7 hours ago
Ethereum EIP1559 Testnet Block Set
Forum

Ethereum EIP1559 Testnet Block Set

12 hours ago
WWE Holding Tryouts SummerSlam Week in Las Vegas
Forum

WWE Holding Tryouts SummerSlam Week in Las Vegas

1 day ago
China’s Bitcoin Mining Crackdown Reaches Fourth-Largest Producing Province
Forum

China’s Bitcoin Mining Crackdown Reaches Fourth-Largest Producing Province

1 day ago