Dogecoin has surpassed Pinterest and DraftKings in market capitalization, highlighting its growing prominence amid the meme coin craze.
Despite its humble origins, Dogecoin’s market cap has surged in 2024, propelled by increased investor interest and high-profile endorsements.
The journey of Dogecoin has been a rollercoaster ride, marked by highs and lows. Fueled by the meme cryptocurrency trend and boosted by endorsements from influential figures like Elon Musk, Dogecoin once reached an astounding $0.75. As detailed in a previous CNF post, the recent surge in Dogecoin’s price in 2024 can be attributed to various factors, prominently the heightened interest and investment in meme coins, along with endorsements from Elon Musk.
Meme coins have witnessed an unprecedented surge in popularity in 2024, with numerous new projects entering the market and attracting investors. For instance, dogwifhat (WIF) achieved a remarkable $4 billion market cap within just four months of its launch. Th
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