Dogecoin Blasts Through 50 Cents Barrier To New All Time High

Dogecoin Blasts Through 50 Cents Barrier To New All Time High

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Topline

The value of dogecoin, a cryptocurrency originally invented as a joke, surged to an all time high of over 50 cents Tuesday, a landmark as enthusiastic online traders continue efforts to push the digital currency towards $1. 

Dogecoin passed $0.50 Tuesday.

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Key Facts

At the time of writing, dogecoin was trading at around $0.53 a coin—a record high.

The price was up 36% from the previous day and has risen 95% over the past week. 

Dogecoin’s market cap of $69 billion places it as the fourth most valuable cryptocurrency, behind bitcoin, ethereum and Binance Coin.

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