Dogecoin Exceeds $11 Billion Market Cap as Coinbase Launches IPO

Julien Viry / Getty Images

Julien Viry / Getty Images

The cryptocurrency that started as a joke in 2013 based on a Shibu Inu meme gained 54% Tuesday to reach a value of $0.11, making each Dogecoin worth more than a full U.S. dime, based on CoinDesk statistics. Earlier in the day, Doge hit $0.12. That figure represents an all-time high for the crypto touted by celebrities Elon Musk and Snoop Dogg, Business Insider writes.

See: Coinbase, the Largest US Cryptocurrency Exchange, Goes Public – ‘It Will Infect the…


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