Dogecoin As Payment Option Gains Momentum As ‘Meme Currency’ Shoots For The Moon

Dogecoin As Payment Option Gains Momentum As ‘Meme Currency’ Shoots For The Moon

Dogecoin (CYRPTO: DOGE), often branded as a meme coin, saw a meteoric rise last week, hitting a high of 43.77 cents Friday before giving back some of the gains over the weekend.

Its rising popularity, thanks in part to the unstinted support of Tesla Inc.’s (NASDAQ: TSLA) Elon Musk, is pushing the cryptocurrency into the mainstream.

Doge’s Heady Gains: At its all-high Friday, the cryptocurrency had tacked on a gain of over 9,200% for the year-to-date period. Doge ended 2020 at 0.47 cents and…


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