DOGE on the hunt
20 Apr, 2021 CryptoParrot
Who let the Doge Out
Once considered a "meme token", Dogecoin has been in a meteoric rise over the past years. After being praised - albeit as a joke - by Elon Musk, the cryptocurrency has broken records after records, and now aims for the big-times of the crypto world.
DOGE was the only token that powered through the latest crashes across all cryptos, after a massive cash out from HODLers, whales, and crypto-related companies. As a consequence of this reversal, Doge has its eyes set on the 4th place in the rankings of largest cryptos on the planet. The target, XRP, has been recovering from a millionaire lawsuit that made news in 2020 and compromised a token that was rising in importance at that moment.
With the winds of change blowing, some analysts expect the dog-related crypto to not only surpass XRP but possibly start paving its way to the bronze medal, risking disruption on Binance's native token. Is 2021 the year of the DOGE? Only time will tell.
CryptoParrot
Crypto Parrot Community Mgr - Here to help answer questions, fix things & help out when needed. Got feedback? Send those bad boys here: [email protected]
Related articles
Bitcoin records 3x higher average trading volume in October than Apple, Amazon, Microsoft
After experiencing increased volatility in late September, Bitcoin (BTC) appears to be regaining its momentum towards another all-time high…
2mins 12 Oct, 2021 CryptoSlashyAlmost 5,000 new cryptocurrencies launched in the last 12 months
As the cryptocurrency industry continues to mature with mainstream adoption, investors are pumping more money into the sector contributing to the sector’s popularity.…
2mins 22 Sep, 2021 CryptoParrotEthereum adds over 38 million new addresses in 2021, 22% of all ever created
The Ethereum network plays a key role in the cryptocurrency circles, with the asset recording significant interest.…
2mins 14 Sep, 2021 CryptoParrotBlockchain-related job postings surge 118%, software development sector leads at 30%
The focus on cryptocurrency and blockchain technology has been growing in recent years as organizations explore how to leverage the industry’s full potential.…
2mins 31 Aug, 2021 CryptoParrotStart trading
Recommended crypto exchange
Buy & sell Crypto in minutes
Learn more