Cryptheory – Just Crypto

Cryptocurrencies are our life! Get an Overview of Market News

DOGE coin breaks through 10 cents

1 min read

Doge coin rally

Three days ago, our SuperCryptoNews team mentioned that Dogecoin is exhibiting bullish signals. True enough, Dogecoin finally broke through the 10 cents psychological resistance with ease to hit an ATH of 12 cents (US$0.012) at around 1am UK time.

Ever since Elon Musk started his series of tweets showing the dogecoin memes last year, the price of Dogecoin has been moving up steadily. It has even caught the attention of fellow billionaire Mark Cuban.

Mark Cuban’s own Dallas Maverick is accepting Dogecoin as payments for tickets to its matches.

One of the largest ATM network in the U.S., CoinFlip, has also announced support for Dogecoin.

Given [Dogecoin] growing popularity and recent mass adoption, we are dedicated to making sure that Dogecoin is a part of our portfolio of coins, and encourage further support of this cryptocurrency in the coming months.” said Daniel Polotsky, CEO and Co-Founder of CoinFlip

Dogecoin is now ranked thirteenth on Coinmarketcap, right behind BTC Cash. Its status as a “fun” and “tipping” coin has now been elevated to possibly a major cryptocurrency for payments.

Its daily trading volume has exceeded US$10 billion as well which should draw in institutional plays. The future for dogecoin looks promising for now.

The post DOGE coin breaks through 10 cents appeared first on SuperCryptoNews.

Source

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

Leave a Reply